“For us, we had to do something different,” said Donald Trump Jr. last week, his voice rising with excitement.
Freshly tanned from a recent visit to Mexico, where he was overseeing a new project, the slicked-back scion grew steadily more enthusiastic as he discussed 40 Wall Street, an office tower that, with its rising and falling tenant roster, has contributed to the Trump Organization executive vice president’s growing reputation as a competent steward of the family name, a reliable fixer and successful dealmaker in his own right.
Lease of the Week
Manhattan real estate moguls talk about his “Solomonic wisdom,” according to The New York Times.
Former Mayor Rudolph Giuliani called him the “dean of damage control.” His public relations firm, Rubenstein Associates, once simultaneously represented both Leona Helmsley and Donald Trump.
So it’s no exaggeration to say that nothing of importance happens in New York City without somehow involving Howard J. Rubenstein.
It’s not uncommon to hear Manhattan’s real estate market characterized as sophisticated or complex.
Not every day, however, does a requirement as straightforward as Dentsu McGarryBowen’s uncork such an elaborate and interconnected series of transactions as it did at the Starrett-Lehigh Building.
A longtime tenant in the 2.3-million-square-foot building and one of the property’s largest users, the advertising firm needed to expand. But there was a small problem: Despite its size, the building—an artsy, far West Side location popular among creative tenants—had virtually no available space.
Occupy Wall Street
New York City drugstore pharmacy giant Duane Reade has agreed to relocate its corporate offices to 40 Wall Street, the same Trump Organization-owned office tower that already houses its sushi-serving, hair-styling flagship megastore.
Duane Reade will be taking the 21st and 22nd floors, for a total of 54,500 square feet, inside the 72-story building. The lease is for 15 years, with asking rents in the mid-$30s per square foot, several brokers said.
(Disclosure: Donald Trump is the father in law of Jared Kushner, the owner of Observer Media Group)
It took a lot of effort for the hosts of Fox & Friends to go on pretending that last week’s Hank William Jr. “Hitler” comment on their show didn’t make for an entire Saturday Night Live sketch. Yet somehow they managed (despite Mr. Williams Jr. wrote a whole mean song about them). There are just so many bigger things in the world to worry about, people! Like have you heard about this Occupy Wall Street business? Gretchen Carlson has, because she reads the New York Post, and is now aware of the bizarro drug economy of Zuccotti Park. Very scary stuff.
Here to calm her fears is the soothing baritone of Donald Trump, who has a few choice words for the protesters. Mainly that they should get out of New York (and away from his hotels) and start protesting in Washington D.C., where of course they have been for the past 10 days.
By the Numbers
Of all the unflattering numbers in Donald Trump. Photograph by Michele Asselin Read More
Quinnipiac University is out with a poll this morning that contains bad news for local real estate tycoon turned reality TV star Donald Trump: a clear majority of voters say that they “would never” vote for him.
Nearly 60 percent of those surveyed fall into that category, while only 9 percent say thay Read More
It was Wednesday morning at 9:47 a.m. in the White House Press Briefing Room. The president of the United States of America, Barack Obama, took the podium. Major television networks had interrupted coverage to broadcast the president’s address. “Now, let me just comment, first of all, on the fact that I can’t get the networks Read More
Real estate mogul turned Reality TV star Donald Trump has sent a statement to ABC News congratulating President Barack Obama for the killing of terrorist mastermind Osama bin Laden.
“I want to personally congratulate President Obama and the men and women of the Armed Forces for a job well done,” he said.
Obama’s Read More
Sounding not unlike Nick Kristof, Republican operative Roger Stone says Barack Obama’s achievement in the war on terror won’t guarantee him political cover for long.
When asked what he thought of the death of Osama bin Laden, and whether that put Obama out of reach for his would-be Republican rivals, Stone, who Read More