Crime and Punishment

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Parole Denied for Former Assistant at GVA Williams

An administrative assistant at GVA Williams who was convicted of swindling $3 million from former company executive Andrew Roos over the course of nine years was denied parole earlier this month, The Commercial Observer has learned.

Agnes Dickinson, 59, was ordered to continue her up-to-13-year prison sentence at a Jan. 12 parole board hearing, according to the New York State Department of Corrections. She has been incarcerated at the Bayview Correctional Facility in Manhattan since 2008, shortly after being convicted of grand larceny, forgery and money laundering.

“After a review of the record and interview, the panel has determined that, if released at this time, there is a reasonable probability that you would not live and remain at liberty without again violating the law, and your release would be incompatible with the welfare of society,” the parole ruling reads.  Read More

The Power Broker

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The (New) Wizard of Menlo Park

In January, a leak to the Bergen County Record revealed that Panasonic, a tenant in New Jersey since 1973, was considering fleeing the state in search of modern facilities and with an eye toward shrinking its North American headquarters. New York, Atlanta, Chicago and California were all on the table. Read More

Sour Suit Over GVA Williams Sale

Candace Carmel Barasch, heir to one of New York real estate’s family fortunes, is suing a prominent brokerage, and three men who run it, for allegedly cheating her out of $4 million.

Ms. Carmel has sued Williams Real Estate, a First Service Company, its executive chairman, Robert Freedman, and Michael J. Cohen and Andrew Read More

The Economist Mulls Move, Maybe 'Very Far Downtown'

Letters to the editor in The Economist may run under the anachronistic and patriarchal greeting “Sir,” but The Economist is no media dinosaur. Exhibit A: Its New York presence, like Alvy Singer’s universe, is expanding. The Economist, sir, is on the commercial real estate market.

“Our lease is up in 2010,” said Paul Rossi, Read More

Bob Guccione Leases New Headquarters

Bob Guccione is acting like a magazine publisher again.

The cash-strapped founder of Penthouse and Spin is renting the 11th floor of the Forbes Building as the new headquarters for Discover magazine, which he bought in October 2005.

Full press release after the jump.

- Tom McGeveran

BOB GUCCIONE JR. AND DISCOVER Read More