Alex Sapir and Rotem Rosen?s Israeli public company, ASRR Capital, along with Suzer Group, the Turkish conglomerate led by the Suzer family, bought a large townhouse at 218 Madison Ave. that will be demolished for a 10-story luxury property. The venture paid $18.5 million for the site at the corner of E. 36th St., according to a report in the Israeli media. The plan of the venture is to develop 10 high-end, full-floor apartments, private underground parking, and a gym and spa for residents along with retail and a restaurant led by an important chef, sources said
Rumors have been flowing thick and fast around Greek-yogurt maker Chobani of late, as industry watchers have suggested that founder and CEO Hamdi Ulukaya could be headed for the door, to be replaced by an executive with more "operational" expertise. That's all misinformation and speculation, Chief Marketing Officer Peter McGuinness said in an interview with TheStreet. Chobani has grown quickly and is now the No. 1 selling yogurt brand in the U.S., which has led naturally to some inefficiencies. The company recently built its second factory, for example, and it's the largest yogurt-making facility in the world.
The Indy Eleven’s quest for funding for an $87 million downtown soccer stadium will resume Thursday, with Rep. Todd Huston, a Republican on the House Ways and Means Committee, expected to submit a bill with a funding measure for the facility.
Seven months after the Chobani yogurt company acknowledged it was trimming its workforce at its Columbus dairy production facility, the firm has been taking on new employees at the plant, a company spokesman said Thursday. The spokesman, Michael Gonda, said Chobani has hired a total of 75 workers in recent weeks at its plants in Chenango County and Twin Falls, Idaho.
