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A Few Words on The New York Times’s Few Words on Afros

By Rebecca Carroll 2:54pm
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So hey. Afros. You may have seen them on black people in America … for the past 300 years or so. The nifty thing about Afros is that black hair actually grows like that—into Afros. Not kidding. It’s pretty much how black hair grows. As opposed to say, straightened hair, a pixie cut, a bob, a weave, the Dorothy Hamill, the Rachel, or what have you. There are lengths and shapes and variations on an Afro, sure, but the Afro itself is not really a style or necessarily a means of self-expression. Read More

Stratospheric Sales

Realizing a Dead Man’s Dream: Roman Abramovich Plans to Piece Together the Entire Berwind Mansion

By Kim Velsey 1:51pm
The hope of getting the house back together has broken more than a few hearts. Is Mr. Ambramovich's next?

This morning, The Post reported that Russian billionaire Roman Abramovich was in contract to buy the late Howard Ronson’s melange of disconnected units at 828 Fifth Avenue, a.k.a. the Berwind Mansion, for $75 million. But they neglected to mention the most important detail in the saga of the segmented mansion—Mr. Abramovich has not only taken on Mr. Ronson’s old apartments, but is well on his way to realizing the real estate developer’s dream of restoring the colossal mansion to a single residence.

Sources tell The Observer that Mr. Abramovich has agreements to buy not only the Ronson family’s three units, but is working out deals with the co-op’s other residents as well. Meaning that he may finally be able to piece together the puzzle of units—a triplex, a penthouse and a duplex maisonette—amassed by Mr. Ronson and his family. Read More

BERJAYAFresh Capital

MongoDB Reportedly Just Snagged a $1.2B Valuation, Putting the Company on Top of the NYC Pile

By Kelly Faircloth 12:58pm
CEO Max Schireson (Twitter)

Throw that money in the air: MongoDB (a.k.a. 10gen, which recently renamed itself after its core product) has just raised a $150 million round of funding from investors including EMC Corp., Salesforce, T. Rowe Price, Red Hat, Intel, NEA and Sequoia.

According to Bloomberg News’s sources, the company raised the money at a $1.2 billion valuation, which would make the startup the most valuable in New York. Read More

BERJAYA