The wealthy young college student from New York City accused of rioting in Lower Manhattan allegedly revealed plans to take over luxury apartments abandoned by “white flight,” and defend them from other people taking over by tossing bricks off the rooftops. Clara Kraebber, 20, whose parents own a $1.8 million Upper East Side co-op with…
Category: Wealthy
Protesters, Wealthy
College, Wealthy
A wealthy college student from New York City was one of the eight rioters accused of smashing windows and spraying graffiti in downtown Manhattan on Friday. Clara Kraebber, 20, is a well-to-do Upper-East-Sider whose mother is an architect for Kindred Arch.Works, which designs spaces for Columbia University and New York University. Her father is a…
Crypto, Investors, Wealthy
Multi-billion dollar institutions expect a significant downtrend in the U.S. stock market. Uncertainty around the pandemic and its potential impact on the economy are rattling investors. Federated Hermes’ Phil Orlando expects a 10% drop in equities. High net-worth investors are preparing for a steep downturn in the U.S. stock market. Hedge funds see too many…