Seagram liquor fortune heir shells out $35.6M for luxury SoHo pad

Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., purchased the property from Sam Ben-Avraham, who is founder and chief executive of fashion and lifestyle trade show events company Liberty Fairs. Continue reading

Los Angeles developer Rick Caruso to accept bitcoin as rent

Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option as well as the ability to pay rent with bitcoin. Continue reading