Observer Philanthropy 2013
The New York City Economic Development Corporation has designated a city property at 2040 Frederick Douglass Boulevard in Morningside Heights for a new project with more than 50 apartments and a new space for Millennium Dance Company, The Commercial Observer has learned.
Artimus Construction, which won an RFP process initiated by the NYCEDC in February Read More
Live From the Apollo
You know you’ve got deal-making in your blood when even your 4-year-old daughter requires negotiation. Having invested in a cigar company and even appearing on the cover of Cigar Aficionado, Ronald O. Perelman couldn’t quit smoking cigars. Where’s the fun in that? So he did what he always does and what he has done as successfully as anyone in American business history. He made a deal.
Yes he can, apparently.
Comptroller and mayoral hopeful John Liu hosted a raucous rally at the Apollo Theater in Harlem last nigh, likening himself at its climax to President Obama. Speaking for about a half hour to a crowd that filled the famed theater’s lower level a week after his campaign was denied millions in public matching funds, Mr. Liu hammered home his populist message as his candidacy flounders, at least according to the public polls.
“We’ve got all these polls and pundits and doubters and naysayers. I’ve heard it all before,” Mr. Liu said behind a transparent lectern on stage, sans speaking notes. “Six years ago, a fellow by the name of Barack Obama stood on this very stage and he had a very simple but powerful message. And that message was: ‘Yes, we can.’”
Promises: they’re easy to make, but hard to keep. Just ask the residents and landowners of West Harlem.
For the last five years, a number of developments have been proposed along 125th Street, but most have fallen through. Take, for instance, Vornado Realty Trust’s ambitious plans for a 600,000-square-foot office building on the corner of Park Avenue that would have housed Major League Baseball’s new television network. That building never materialized, nor did a later development, planned on the same site, for a high-rise that included a Marriott hotel.
So what’s the beef? Why are so many projects along 125th Street (as well as nearby Lexington and Morningside avenues) habitually planned and then abandoned?
AM New York today examines the controversy surrounding Harlem’s shuttered Victoria Theater:
Local developer Steve Williams of Danforth Development Partners, LLC, wants to transform the 1917 burlesque theater into a 30-story condo/hotel, cutting up the ornate 2, 400-seat theater into two mini-theaters while preserving the facade and parts of the lobby.
Neighborhood Read More
Ronald McDonald walked onto the stage of the Apollo Theater on Wednesday night to introduce the first two performers during the venue’s weekly Amateur Night.
The handful of young children in the audience were delighted, but others seemed confused by the appearance of such an incongruous corporate mascot on the hallowed Harlem stage.
A man Read More
Maybe this shouldn’t come as a shock, but it looks like some of the earliest pushback to Andrew Cuomo’s plan to review member items is coming from within his own party.
Here’s a sort of pre-emptive argument that Assemblyman Peter Rivera of the Bronx made to me earlier about the standard that Cuomo might Read More
Cannes on Canal? Or voyage to hell ? You make the call! Stuyvesant kids fire up their light sabers ( bzzzz! ) as the Tribeca Film Festival -Robert De Niro and Jane Rosenthal’s Valentine to terrorist-ravaged downtown-begins today with far too many screenings, panels and parties for one lone columnist to get Read More