New York's Largest Malls

New York's Largest Malls

Destiny USA is the biggest mall in New York. The mall consists of 239 stores and exists in six stories. Formerly known as Carousel Center, Destiny USA mall first opened its doors in 1990 and has since been in operation. The mall has underground and outside ample parking, and the parking stations have electric car charging ports. Further, the mall has various stores, such as Brooks Brothers, Armani, and Nordstrom Rack. It also consists of food outlets such as PF Chang's, Cheesecake Factory, Panera Bread, and Johny Rockets. The mall operates between 11 am and 7 pm- on Mondays through Saturdays, while on Sundays, the mall is usually open from 11 am to 6 pm.

Roosevelt Field Mall

Roosevelt Field mall (in photo) is found in the Garden city area, New York. The mall consists of over 250 stores, and well-known brands such as Macy's, Nordstrom, and Bloomingdale have a residence in this mega mall. Being the second-largest mall in New York, Roosevelt mall occupies over 2 million square feet; this makes it a memorable landmark in the Long Island area. Simon Property Group is the mall's owner, and the mall has been in business since 1956. Roosevelt mall has various outlets from clothing stores, food courts such as Starbucks, and movie theatres. Roosevelt mall operates between 11 am and 7 am on Monday through Thursday, and 10 am and 8 pm on Fridays, Saturdays, and Sundays.

Palisades Mall

Palisades mall in New York is one of the largest malls located in the New York metropolitan area. The mall boasts over 200 stores, with over twenty million visitors and customers gracing the mall every year. The mall first opened in 1998, and it has since been in operation. It has over 2.1 million square feet with over 15,000 parking spaces for anyone visiting the mall. The mall consists of food courts, children's playing areas, lounges, clothing outlets, and entertainment destinations such as movie halls.

Green Acres Mall

Located in the Valley stream area, New York, Green Acres mall has over 150 outlets. The anchor outlets for Green Acres mall consist of Macy's, Macy's Men's Furniture and Gallery, and Sears. Under Macerich Company's management, it recently acquired the mall from the Vornado Realty Company in 2013.

Crossgates Mall

Crossgates Mall is found in Guilderland, New York. The indoor shopping center has 1.7 million square footage, with two floors for its over 150 stores. Pyramid Companies manage the mall. Besides having Macy's and JC Penney, the mall is home to other brands such as Best Buy, Forever 21, Dave and Busters, and Dick's sporting goods. Also, the mall has an IMAX 18 screen Cinema Theater for anyone looking to catch a good movie. It has 12 parking lot spaces for its customers' needs.

Walden Galleria

Walden Galleria is found in Cheektowaga, New York. The mall is made up of1.6 million square feet with over ten restaurants and 180 retail stores. The mall has over twenty million visitors annually, and these visitors are mostly from New York and Canada. Pyramid management group are the managers of this mall. Also, the mall hosts popular name brands such as Macy's, Forever 21, Old Navy, Dick's Sporting Goods, and Best Buy.

Further, the mall has a cinema theater amongst other recreational facilities for its visitors. Its outlets are within the mall's two stories floors. The mall is currently the most significant shopping, entertainment, and dining center in the Buffalo Niagra region. Walden Galleria mall operates between 11 am and 7 pm from Mondays through Saturdays, while on Sundays, it runs between 11 am and 6 pm.

The Mall at Greece Ridge

The Mall at Greece Ridge is found in Greece, New York. Wimorite Management manages it. Its anchor outlets entail brand names such as Macy's, Burlington, and J.C Penney. The Mall at Greece Ridge contains one floor with over 1.4 million square feet. It comprises 132 outlets, with other brands such as Barnes and Noble, Michael's, and Dick's Sporting Goods. The mall's location is conveniently in a hub of restaurants, hotels, and car dealership outlets on either West Ridge Road, New York side. The Mall at Ridge began as two separate malls; Greece Town Mall and Long Ridge Mall. The two malls, later on, merged to create The Mall at Greece Ridge in 1967.

Investing In the US Legally

Investing In the US Legally

The US is one of the most lucrative business environments globally and the destination of choice for many. The US stock market, in particular, offers an excellent opportunity for non-citizens to earn a living. New investors need to ensure they make investments legally to avoid any friction with the relevant government agencies. To invest in the US stock market, an investor has to open an account with a brokerage firm. Such firms may require one to provide personal verification documents such as Visas and passports for a non-citizen. Further, the brokerage firms may ask applicants to fill online applications.

Nonresident aliens in the US get taxed at a 30% rate on any investment income. The brokerage firm withholds this tax. On the other hand, any capital gains made on the investment is not taxed by the state. Note that a resident alien will get taxed like a regular US citizen, which might significantly affect some investments.

Those looking to make investments in the US' real estate sector will face some challenges, especially if they are foreigners. For one, they'll have to pay more interest rates from banks to get loans for investment. Notably, the down payment for these investments in the US is slightly higher (30%) for a foreigner. Such down payment is meant to cover the losses if some default on their mortgage loan. A foreign investor is required to provide more paperwork than usual for a bank to determine his creditworthiness. Documents such as tax returns, credit card history, and bank statements will be crucial to the banks. It, therefore, means the verification process might take a longer time than usual.

To make payments convenient, prospects need to have a bank account in the US. The law requires them to be either a US citizen or a foreign national to qualify for a US bank account. This can be problematic since many people may not have US citizenship status. Non-US investors can deploy alternative means to make these payments, such as PayPal, Skrill, and Western Union.

Despite these bottlenecks, it's possible to own real estate property in the US via a limited liability company. Such a company will enable investors to have limited liability regarding potential losses faced regarding property issues. It is an excellent avenue to own property for small investors since assets will not be exposed to losses faced from property purchases. Also, purchasing real estate or similar property in the US using a company might provide a decent level of privacy compared to when the property is bought individually.

Investing in treasury bonds is another way investors can make steady profits. These government-backed bonds provide a way for investors to have a stable stream of income for specific periods. Depending on the type of Treasury bond, an investor will earn dividends from a particular bond. Further, one can sell these bonds ( as secondary bonds) before it matures- and get a decent profit. Bonds with a long maturity time (20 years and above) offer the best investment since they guarantee massive profits from investments over time.

Certainly, investing in startup companies provides a profit mechanism for anyone interested in making money long-term. With the onset of technological innovations such as Initial Coin Offerings (ICOS), an investor can fund startups and make money off them. Providing seed money for these startups in exchange for an equity stake is the best way to ensure handsome profits long-term. However, one needs to ensure due diligence has been carried out. Invstors must make sure they thoroughly review a startup's business plan to ensure it's on the right track. Talking to the startup's founder can offer insights into their leadership and direction or overall startup trajectory.

Tech startups have- in recent years- become the best bet for investors, and this has not changed. Technology is ever-changing, and investing in tech startups means investors will have a sustainable stream of profits. The companies' technological innovations will ensure they have sustenance in the marketplace, hence securing the investment's continued prosperity. It's generally advisable to do some homework on the best tech startup that fits a specific investment strategy and portfolio. All these projections certainly come s good news to those planning to make legal investments in a country like the US. With the newly installed administration under President Joe Biden now in office, the situation seems to be even rosier.

US Stock Market Prospects Since 2020

US Stock Market Prospects Since 2020

There's no doubt that the US stock market has made significant gains in recent days, and this is impressive, notably after it experienced a tumultuous time in 2020. The Coronavirus pandemic really caused a stock market decline, although the markets rallied and finished on a high note by year-end. Since then, the market has made a positive turn for the better; traders have made good profits from various stocks. Bitcoin trading has been a significant highlight since 2020; yes, the digital currency has been on a steady climb since it first broke the $50,000 mark. The growing value of bitcoin has rocked the financial world, with prominent industry titans such as Elon Musk purchasing the currency.

Recently, some users of the social media platform Reddit caused the GameStop stock to rise significantly. How? This was a result of collective short squeezes by the users-against big firms. Such manipulation goes to show how much power small traders wield in the stock market. The rise in the stocks caused an uproar, which prompted the popular trading app Robinhood to restrict trading on its platform. The GameStop stock predicament caused many people in the US to be interested in the stock market, which has its pros and cons. A downside of this renewed interest in trading is: Many people began trading blindly- the result was a loss of money.

In 2021, the stock market looks promising since the economy has begun to reopen. News of Pfizer's corona vaccine has brought more good news for the stock market. Experts predict that as the country's economic output increases, the financial markets will experience a rise in stocks' value. This year, many businesses' earnings are projected to increase by over 20%- of course, this is good news for the stock market. Further, investments in the country are expected to increase significantly. The S&P will increase by nearly 15% by the end of this year since many companies have resumed operation.

Further, technology companies have the best prospects this year. However, the pandemic ran down many businesses. These businesses have begun to resume operations. The resurgence might result in their stocks rising, and many experts think they might eventually topple tech company stocks. Note that the streamlining of business operations is now the new normal. More businesses have embraced working from home, reducing the virus's spread and increasing employee productivity. Also, the desire to cut down costs has resulted in companies being more agile in conducting business.

The new way of carrying out business means more companies will perform better in the stock market. However, we must be cautious even though the future is bright; we must always make really smart investments. There are many financial risks in the stock market, and experts say the best thing anyone can do is diversify investments. Doubtless, investing in companies working in various industries will ensure a profitable portfolio.

Even though the stock market's future is bright, caution must still be applied when making investments. Investments in digital currency especially need to be made wisely. Digital currencies including Ethereum and bitcoin have recently experienced a lot of volatility. It is therefore prudent for any investor to be cautious when putting their money into these currencies. The upside of digital currencies is that they are unregulated and thus more acceptable as a payment method by many businesses. In the coming months, Bitcoin's value will continue to rise. An investor should, therefore, ensure he makes hay while the sun shines.

The Federal Reserve has implemented a few measures to increase overall spending. One is lowering interest rates for businesses as well as private citizens. More people will borrow money from banks, and this will increase spending in the country. The ripple effect of this extra spending is that more businesses will register higher sales. As more enterprises record-high sales, their performance in the stock market will also increase.

The pharmaceutical industry has the most promising prospects, especially as the vaccine rollout hits the country. Indeed, the new COVID vaccine has arrived with good news for both the financial stock market and the nation. President Biden's administration is also keen on ensuring the country's population is vaccinated. Therefore, many pharmaceutical companies will be on the frontline to ensure the vaccine's distribution is sufficient. Most company stocks will likely rise significantly.

US College Graduates and Job Prospects

US College Graduates and Job Prospects

Like elsewhere globally, the US job market was considerably jolted by the ongoing Covid-19 pandemic. As a result, the current college graduates potentially face the worst job market prospect in over a decade. No wonder-many industries have suffered immensely. Many businesses have closed because of the pandemic, with massive layoffs becoming the order of the day. As the economy begins to reopen, some college graduates might have difficulty trying to secure jobs.

In some instances, the institution that gives the certification often plays a massive role in the job seeker's prospects. Of course, the alumni network can also be a significant factor in the graduate's job prospects. In many colleges, the alumni provide a lifeline for graduates of the respective colleges by giving references and securing employment. Further, these alumni networks offer fresh graduates practical advice on how best to secure a job that pays well for their degree or other certification.

The reputation of a college also plays a vital role in the kind of job a graduate secures. According to a Georgetown University study, graduates from colleges with well-known names are likely to get jobs that pay higher than those who come from colleges whose names are not so well known. This revelation goes to show just how much of an advantage it is to attend a high-profile college.

Significantly, the phenomenon of student debt has risen in recent years. Currently, the average student debt is as high as $30,000, which is a new record. Paying these loans can be hectic since recent graduates must juggle between earning a living and servicing them. Many graduates in the US have ended up venturing into fields that are not their specialties. Such graduates will partake in any money-making activity to repay their loans. Ultimately, this ends up taking a toll on industries. Why? Many sectors continue to face a lack of much-sought-after expertise since many college graduates cannot afford to go job- hunting in the right sectors with a student debt dragging them down.

As the US economy begins to come alive, the job market may become more favorable for college graduates. Many businesses were closed down because of the pandemic. With the government putting in place measures to revive the economy, many companies will resume operations. Sectors such as manufacturing, retail, hospitality, and health care will require much-needed expertise. The economic upsurge may present opportunities for graduates, especially those who recently graduated. On the other hand, competition for these jobs may become stiff since many people got laid off because of Covid-19.

The job market's competitive nature might result in many graduates opting to start their own businesses in self-employment. This can help many graduates have a sustainable income source, even as others seek seemingly steady jobs. Some colleges have a high number of graduates who own their startup businesses. Such a reputation generally boosts the credibility of these institution's graduates in the job market. The ripple effect is: More graduates from these universities (like the University of California, UCLA, and The University of Michigan) may find it easier to locate jobs within their sphere of specialization.

For a fact, job hunting continues to be a tedious process for many graduates in the US; many graduates may apply for more than fifteen jobs in a month. Most of these graduates settle for internships at various firms as they look to add experience to their resumes. We know that lack of employment can have a devastating effect on graduates; depression may even set in. Significantly, new national research has shown that more US college graduates( just like a significant part of the general population) are now faced with a raging mental health problem. Of course, going forward, the government must put in place measures to deal with what's threatening t be a new pandemic.

Truly, COVID -19 has changed how we do things, and the corporate world is no different. Working from home has become essential since many firms look to reduce the virus's spread and make their employees productive. Paradoxically, this new way of conducting business might present new opportunities to college graduates. How? Companies will now be able to hire graduates remotely after conducting interviews remotely. With many graduates being Millenials, technology deployment for carrying out tasks will be a certain undertaking. Ultimately, this will help more college graduates to earn a living.