NYC School That Inspired ‘Gossip Girl' Borrows Record Sum for Athletics Facility
An all-girls private school on Manhattan's Upper East Side is planning to borrow a record sum of money to build a state-of-the-art athletics facility, the latest example of the high-stakes competition unfolding among elite institutions that cater to wealthy families.
The Nightingale-Bamford School, which inspired the bestselling books and TV show Gossip Girl, plans to sell $40 million in so-called revenue bonds next week, and use the money to buy land and construct a 64,000-square-foot center along East 108th Street, its offering document showed. The facility, which is expected to cost over $90 million, is part of the 105-year-old school's first strategic plan solely focused on athletics. It will include an indoor turf field, a dance studio and multiple gymnasiums.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
G-III Apparel: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Friday reported earnings of $7.8 million in its fiscal first quarter. On a per-share basis, the New York-based company said it had profit of 17 cents. Earnings, adjusted for severance costs, came to 19 cents per share. The clothing and accessories maker posted revenue of $583.6 million in the period. For the current quarter ending in July, G-III Apparel said it expects revenue in the range of $570 million. The company expects full-year revenue of $3.14 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GIII at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
43 minutes ago
- Washington Post
ABM Industries: Fiscal Q2 Earnings Snapshot
NEW YORK — NEW YORK — ABM Industries Inc. (ABM) on Friday reported fiscal second-quarter profit of $42.2 million. On a per-share basis, the New York-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, were 86 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.
Yahoo
an hour ago
- Yahoo
ABM Industries: Fiscal Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — ABM Industries Inc. (ABM) on Friday reported fiscal second-quarter profit of $42.2 million. On a per-share basis, the New York-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, were 86 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. The provider of cleaning and other maintenance services for commercial buildings, hospitals and airports posted revenue of $2.11 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $2.07 billion. ABM Industries expects full-year earnings in the range of $3.65 to $3.80 per share. ABM Industries shares have climbed slightly since the beginning of the year. The stock has climbed slightly more than 7% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ABM at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
