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November
27, 2000: Fiorucci is coming back
to the Big Apple with a Noho space on lower
Broadway. It's brought to you by Fiorucci,
local Stephen Budd, and the broker talents
of Jeff Roseman and Ken Hochhauser of Newmark
New Spectrum. Read today's New York Post
for more info.
Chef
Jean-Georges is opening a restaurant at
173-176 Perry Street and also buying an
apartment there. Also waiting for the Richard
Meier-designed minimalist towers to be complete
so she can move into her new duplex is Martha
Stewart.
BTW,
I have to thank Martha for the great idea
that made my day before Thanksgiving a whole
lot easier. She said to make the pumpkin
for the pie by simply cutting a little uncarved
Jack o Lantern in half, baking it cut side
down, and then scooping out everything an
hour later. It sure beat the zillion hard
cuts and then boil method we've been using.
(Consider that a little extra mortar.)
Crain's
is reporting that Chase finally signed its
deal for Brookfield Properties 245 Park
Avenue, ending up with around 600,000 sf.
Bear Stears has decided to keep 200,000.
The big Bear used Insignia/ESG for its broker.
Downtown,
Brookfield has also gotten Lehman Bros.
hooked for another 500,000 square feet at
One World Financial. It's already got nearly
a million square feet at Three World Financial,
another Brookfield building. Again, Lehman
turned to Insignia/ESG.
Remember
that Brookfield was scouting large tenants
for the stock exchange building, but it
looks like it's keeping them for itself.
Tishman
Speyer, meanwhile, is doing the same thing.
Goldman Sachs, a natural tenant for the
stock exchange, is now teaming up with Tishman
Speyer to try to redevelop the little Chase
occupied building at 55 Water Street. That's
the 300,000 square footer next to the 52-story
tall tower. Goldman Sachs needs city permission
to square off the triangular building to
pick up another 300,000 to 400,000 square
feet and construct a new trading floor.
Then
it might sign the deal with the Retirement
Systems of Alabama that will include other
Chase occupied space at the larger tower.
Recall that Chase is moving these folks
to Newport in NJ where Sam LeFrak is constructing
a new building for them.
We
reported this amazing development in the
NY Post on Friday, November 24.
The
latest word on Rock Center is that Boston
Properties with David Rockefeller is still
leading the charge, with Vornado panting
for the win. If the current investment group
doesn't get its strike price, it intends
to keep the Center.
We
say, get out while you can! The dominoes
are falling despite all the space now getting
eaten up.
November
22, 2000: Court of Appeals refuses to
hear neighborhood Nimby lawsuit against
Trump World Tower.
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