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Politics

Catsimatidis to Sell Offices for $55M

NEW YORK – Greek-American self-made billionaire John Catsimatidis, whose enterprises include the Gristedes chain of supermarkets, reportedly has agreed to sell his corporate headquarters at 823 11th Avenue, on the corner of 56th Street in Midtown Manhattan for approximately $55 million, the New York Daily News reported.

Catsimatidis is expected to relocate his corporate offices to another of his buildings, likely the one at 1790 Broadway, near Columbus Circle, the News reported.

The buyer of Catsimatidis’ 11th Avenue property is the Indian real estate development company Sumaida & Khurana, who likely will build a hotel or condominium tower on the site, the News reported.

 

 

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MONTREAL- In his interview on the CTV television network, following his meeting with his Canadian counterpart, Justin Trudeau, where the strengthening of bilateral relations was emphasized and the agreement for the delivery of seven state-of-the-art firefighting aircraft was signed, Prime Minister Kyriakos Mitsotakis focused on the significant improvement in the economic climate and the increasing attraction of investments to Greece Just before the European elections in June, the Prime Minister emphasized, “For the first time, we will give the opportunity to our diaspora, those who have the right to vote in Greece, to utilize the postal vote to participate in the European elections.

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