Posted Aug 29, 2012, 1:11 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,903
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http://www.nypost.com/p/news/busines...i4fYivjUCistaL
By Lois Weiss
August 29, 2012
Quote:
...the potential deal for Vornado to buy the retail space at 680 Madison Ave. from Gary Barnett’s Extell Development and Angelo Gordon for $280 million “ain’t over til it’s over,” and it may not matter how they settle their Central Park tower kerfuffle. One source confided, “The two issues are not necessarily linked.”
On Central Park South Roth and Barnett are sparring over Vornado’s demolition of No. 220.
While Vornado is trying to evict Extell from the building’s garage lease, Barnett is also jockeying to get them to position their new tower so his own Nordstrom tower can maximize views over Central Park.
In this town, for the professionals, it’s all just business — and location.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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