financially, there is a connection to loews hotels, loews corporation, to the family. >> what was thedifficult part of renovating this hotel? >> the challenge we faced was once we got into that building and went behind a wall, i came to the realization that my father and uncle, god bless them, did not spend a lot of money when they were building it 50 years ago. we found some conditions that made it challenging to rebuild at the pace that we were hoping to. >> structural issues? >> structural. and because of super bowl, we knew that we had an end date we do not want to go beyond. we had to scramble. >> you have spent $100 million. which is the most you have ever spent on any renovation. why so much? >> we felt $100 million was necessary to bring the regency back to a place that befits the neighborhood, but also the vision that we have for this hotel. the $100 million mark also not only includes the rooms and the corridors, and the new restaurant, and the new fitness center, and the salon, and the new lobby, but we replaced every window. the windows were 50 years old. guests will appre

in 1959, his family branched out and bought loews theaters.ws corporation has $80 billion in assets that generate $15 billion in annual revenue with interest from everything in hotels, insurance, oil and gas. jonathan tisch runs the company with his cousin and is also the chairman of loews hotels.

in 1959, his family branched out and bought loews theaters.the loews corporation has $80 billion in assets that generate $15 billion in annual revenue with interest from everything in hotels, insurance, to oil and gas.

in 1959, his family branched out and bought loews theaters. today the loews corporation has $80 billion in assets that generate $15 billion in annual revenue with interest from everything in hotels, insurance, oil and gas. jonathan t

it's the same story with val spar reserve, loews new high end paint is a top performer for $44 a gallon0 less you can get lowe's valspar signature, which gives impressive results. >> you're giving up a stain resistance, if you use the satin or semigloss, you should be good to go. >> walmart's interior paint costs $17 a gallon, but it flunked consumer reports stain test and wasn't great at hiding dark colors. a good reminder, that sometimes things are cheap, for a reason. >> not a superstore shopper? ice hardware offers their own brand too. clark and kensington, it's a really good thing for $32 a gallon. you can get tips on the best way to paint a room on our website. >> even modestly priced cans of paint are great. >> yeah, they are. >>> it's time to look at the weather. the rain heading our way. >> the atmospheric weather we're talking about. >> that's why you're going to need the jumbo umbrellas tomorrow. it's dry out here, let's take a look at live doppler 7 hd big changes about to get underway. the moisture has been detected up in the clouds nothing has hit the ground yet that's all

in 1959, his family branched out and bought loews theaters.ation has $80 billion in assets that generate $15 billion in annual revenue with interest from everything in hotels, insurance, to oil and gas. jonathan tisch runs the company

a woman was on the track the, and hit the train near the pal loew alto exit. the condition of the wonl in that accident is unknown. >>> police are hoping that this assault caught on camera is going to lead to an coic havenviction. the cab driver picked up a man, and the passenger then decided to refuse to pay. when the driver confronted him, the suspect punched and kicked him and then ran off. >>> it is a kon troe trer shall issue in many cities and berkeley no exception. they voted to allow some restricted use of drones. >> jessica there was a argument for a two-year moratorium on all drone use. and the city council allowed a one-year moratorium to apply only to the police department, but some say it is not going far enough enough. the city council wants berkeley to embrace technology but he supports holding off on the drones. >> the tissueissue is the public and private use of the drone s iss is new. >> the city is suggesting a moratorium. >> reporter: bob neal has been holding meetings about the potential policies, but no agreement. so now the kouncouncil n

you can see from the pictures of the loews camera. that black fire is engulfing the entire jersey area. it's pretty significant. according to the website fire engineering, when it comes to burning gasoline tankers, the best action may be no action which may answer some of the questions we had earlier. firefighters may want to let the fire burn itself out. that's because if gasoline flows into the u.s. sewer system fires can occur far downstream from the incident. if unburned gasoline gets into the system it can ignite causing manholes to erupt. raw gasoline should be allowed to burn out, which is why you saw those firefighters standing by. they just allowed this tanker to burn. that's apparently what they do. glenn, i'm going to throw over to you. you're monitoring over at the "weather center" situations there. what can you tell us? >> right. let's put it in total perspective with the wider view in the map and where we can see philadelphia in relation to where this particular event is taking place. the wind continues to be out of the

favourite part of the letter is i said "you thing you're so famous, rob lowe is famous you're no rob loewe." >> i'm telling you off. >> how hilarious is that at 13. >> now did he respond to that? age appropriate. >> isn't it though. so i had no problem telling him, "dude, you're screwing it up as a dad." >> that's pretty mature for your age to call him on his crap. >> that's how our family was. we are so open. we just say whatever's on our mind. we have no filter. >> you mentioned your show. let's talk about this "fried chicken and latkes." that is first of all, a remarkable name. >> thank you. >> that is a wonderful name i think people can get from the title. it's about race your heritage. what role does comedy play in addressing race in this country? >> do you know for me it's - it's huge. i mean everything about - i don't know why it is i don't know why my comedy is racial - that's how i grew up i guess. i'm going to talk about universal topics and feelings and growing up black and jewish like i said. in this era where there's so much hatred and anger towards groups of poem whether, you

home depot supply holdings much loews. i will play the bad cap for a -- cop for a moment here. we've had not great, not bad earnings reports. we had retail sales numbers not so great. we had an empire state manufacturing index number out today, definitely below expectations. so are you convinced that we have really turned a corner in growth here? how do you deal with these numbers that are not so great? >> david, very great question. the point is, i doesn't love all stocks. i don't love the stock market in general. i use screens which actually go through individual names and look for growth. i'm not saying buy everything, buy the index. in fact, you know, home depot, which is a great name which has been in the portfolio for a while. i want to call your attention to home depot supply. this is spin-off, the stock hasn't caught momentum yet. spin-offs tend to be great investments this is growing faster than home depot. it caters more to the big contractor, not to the homebuilder, but guys building huge water projects, utilities. they're actually all over this country, new, factori

stocks are at the loews for their session. they opened higher but they could not hold onto now we have declines of .5% for the dow and s&p and the nasdaq, a decline of almost 1%. >> there you go. everybody is a bull into you get one shred of bad news. suddenly, they are all sellers. scarlet fu, breaking down the reactions. >> meantime, a budget proposal from a democratic resident to a republican-controlled congress should be a nonstarter. the latest from president obama today may be just that. it promises tax hikes on the wealthy. perhaps it is not dead on arrival. peter cook is here to tell us why. a symbolic act, we could wander from a lame-duck president, or maybe something more. a window of opportunity to get something done. >> most of the president's his budget act, to be sure is dead on arrival with the republican congress. there are aspects of the plan overall that do pose opportunities for the president to work with republicans. we have talked about some of them before. there is news in here with regard to infrastructu

now taking a live look outside in center city from our camera on top of the loews hotel. though. we're seeing some sunshine right now. it is going to take a while to do away with the snow. shoveling is a good idea today. that's a live view of boathouse row. you're seeing some sunshine. the snow last snowflakes in central new jersey pushing through ocean county most of the rest of the area starting to see some sunshine. in fact just got a tweet from peter who shows in williamstown the sun is breaking through there. the temperatures are now climbing. 19 degrees in philadelphia. headed for the 20s this afternoon with more and more sunshine. >> thanks bill. >>> you can take the first alert weather with you wherever you go. download the nbc 10 app for the latest forecast and winter weather alerts. >>> new video into to nbc 10. a montgomery county native arriving for his swearing in ceremony at the pentagon this morning. carter was confirmed last week as defense secretary. he takes over for chuck hagel. vice president joe biden will conduct the swearing in ceremony. it is set t