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Bloomberg Markets

US Open Stadium Seeks $400 Million Private Debt for Revamp Plans

US Open Stadium Seeks $400 Million Private Debt for Revamp Plans
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The United States Tennis Association is in talks with institutional investors to borrow at least $400 million of private credit to refurbish New York’s Arthur Ashe Stadium.

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Bloomberg Markets

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Odd Lots: Norman Foster on the Struggle to Build Big (Podcast)

Not many people think of designing buildings as an exercise in economics, but the entire process is defined by constraints around resources (both physical and financial), and an iconic building can also have a huge impact on the wealth and development of the area around it. So how do you encourage private developers to consider the public good when designing new projects? And how are some countries able to encourage more landmark building projects than others? In this episode, we speak with Norm

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