David Dunlap, The Times‘s lovely chronicler of the city’s architectural foibles (not to be confused with architecture critic Michael Kimmelman) has a nice little item about the transformation of the old New York Times Building on 43rd Street by that maestro behind-the-scenes building, Blackstone’s Jonathan Gray.
The focus of the piece is a quixotic look at the transformation of the old executive dining room into a basketball court, but one section caught The Observer‘s pink eye in particular. It appears that someone is being razzed here.
Blackstone bought its 450,000-square-foot portion of the building from Africa Israel USA in April for $160 million. Africa Israel paid $525 million for the entire building in 2007, buying it from Tishman Speyer Properties, which had paid $175 million to The Times Company in 2004.
Who fooled whom here?