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	<title>Observer &#187; Office of the New York State Comptroller</title>
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		<title>DiNapoli Takes a Bite of Apple: Comptroller Looking at Grand Central Deal</title>

		<comments>http://observer.com/2011/12/dinapoli-takes-a-bite-of-apple-comprtoller-looking-at-grand-central-deal/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 15:41:38 -0400</pubDate>
					<link>http://observer.com/2011/12/dinapoli-takes-a-bite-of-apple-comprtoller-looking-at-grand-central-deal/</link>
			<dc:creator>Matt Chaban</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/?p=202738</guid>
		<description><![CDATA[<p><div id="attachment_202804" class="wp-caption alignleft" style="width: 310px"><a rel="attachment wp-att-202804" href="http://www.observer.com/2011/12/dinapoli-takes-a-bite-of-apple-comprtoller-looking-at-grand-central-deal/grand_central_terminal/"><img class="size-medium wp-image-202804" title="grand_central_terminal" src="http://nyoobserver.files.wordpress.com/2011/12/grand_central_terminal.jpg?w=300&h=213" alt="" width="300" height="213" /></a><p class="wp-caption-text">Ticked off. (Dan Kaufman)</p></div></p>
<p>With <a href="http://www.observer.com/2011/07/its-true-apple-pulling-into-grand-central-balcony/">all the fan boy excitement</a> surrounding the new Apple Store at Grand Central, it is no surprise the shiny glass bauble was able to <a href="http://www.betabeat.com/2011/11/30/mta-failed-to-get-market-rate-or-profit-sharing-in-sweetheart-deal-for-grand-central-store/">land a sweetheart deal for the space</a>. Now, <a href="http://www.nypost.com/p/news/business/apple_deal_probe_2ZSenBVbU3YFxKjdgBw9NN">State Comptroller Tom DiNapoli is probing Apple's lease with the M.T.A.</a>, according to the <em>Post</em>, looking for signs of whether or not there was anything untoward about the deal.<!--more--></p>
<p>As the <em>Post</em> reported yesterday, Apple is forgoing profit-sharing requirements that are common among most Grand Central retailers at the same time the glass goldmine is enjoying particularly below-market rents for its space. Receipts are expected to top $100 million a year.</p>
<p>"The article in the <em>New York Post</em> about the M.T.A.’s contract with Apple in Grand Central Terminal is a cause  for concern,” Mr. DiNapoli told the tab. “This is a prime  property, and I intend to make sure that the M.T.A. hasn’t given away the  store.”</p>
<p>The M.T.A. argues that because Apple had to buyout the previous tenant, it is actually paying about three-times its listed rent of $60 a square foot, and there is the fact that the M.T.A. is still making more off Apple than the restaurant it is replacing, almost 10 times as much. Still, why is it everyone always makes exceptions for Steve?</p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a></strong> |<strong> <a href="http://twitter.com/MC_YC">@MC_NYC</a></strong></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_202804" class="wp-caption alignleft" style="width: 310px"><a rel="attachment wp-att-202804" href="http://www.observer.com/2011/12/dinapoli-takes-a-bite-of-apple-comprtoller-looking-at-grand-central-deal/grand_central_terminal/"><img class="size-medium wp-image-202804" title="grand_central_terminal" src="http://nyoobserver.files.wordpress.com/2011/12/grand_central_terminal.jpg?w=300&h=213" alt="" width="300" height="213" /></a><p class="wp-caption-text">Ticked off. (Dan Kaufman)</p></div></p>
<p>With <a href="http://www.observer.com/2011/07/its-true-apple-pulling-into-grand-central-balcony/">all the fan boy excitement</a> surrounding the new Apple Store at Grand Central, it is no surprise the shiny glass bauble was able to <a href="http://www.betabeat.com/2011/11/30/mta-failed-to-get-market-rate-or-profit-sharing-in-sweetheart-deal-for-grand-central-store/">land a sweetheart deal for the space</a>. Now, <a href="http://www.nypost.com/p/news/business/apple_deal_probe_2ZSenBVbU3YFxKjdgBw9NN">State Comptroller Tom DiNapoli is probing Apple's lease with the M.T.A.</a>, according to the <em>Post</em>, looking for signs of whether or not there was anything untoward about the deal.<!--more--></p>
<p>As the <em>Post</em> reported yesterday, Apple is forgoing profit-sharing requirements that are common among most Grand Central retailers at the same time the glass goldmine is enjoying particularly below-market rents for its space. Receipts are expected to top $100 million a year.</p>
<p>"The article in the <em>New York Post</em> about the M.T.A.’s contract with Apple in Grand Central Terminal is a cause  for concern,” Mr. DiNapoli told the tab. “This is a prime  property, and I intend to make sure that the M.T.A. hasn’t given away the  store.”</p>
<p>The M.T.A. argues that because Apple had to buyout the previous tenant, it is actually paying about three-times its listed rent of $60 a square foot, and there is the fact that the M.T.A. is still making more off Apple than the restaurant it is replacing, almost 10 times as much. Still, why is it everyone always makes exceptions for Steve?</p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a></strong> |<strong> <a href="http://twitter.com/MC_YC">@MC_NYC</a></strong></p>
]]></content:encoded>
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		<title>Beltway Ambition Infiltrates New York Times Weddings Section</title>

		<comments>http://observer.com/2011/11/beltway-ambition-infiltrates-new-york-times-weddings-section/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 17:38:37 -0400</pubDate>
					<link>http://observer.com/2011/11/beltway-ambition-infiltrates-new-york-times-weddings-section/</link>
			<dc:creator>Kat Stoeffel</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/?p=198784</guid>
		<description><![CDATA[<p><a rel="attachment wp-att-198852" href="http://www.observer.com/2011/11/beltway-ambition-infiltrates-new-york-times-weddings-section/barackmichelle/"><img class="alignleft size-medium wp-image-198852" title="barackmichelle" src="http://nyoobserver.files.wordpress.com/2011/11/barackmichelle.jpg?w=300&h=225" alt="" width="300" height="225" /></a>Capitol Hill staffers make up a disproportionate amount of the <em>New York Times</em> wedding announcements, according <a href="http://www.rollcall.com/issues/57_61/-210387-1.html">to a piece on Roll Call today</a>.</p>
<p>The <em>Times</em> selects just 30 couples every week from a pool of 200 submitted nuptials, according to the article, but legislative directors, committee counsels and “those at the top of the Capitol career ladder” sneak in roughly twice a month.<!--more--></p>
<p>Even Republicans jockey for a spot in the left-leaning <em>Times</em>.</p>
<p>Will Kinzel, a policy adviser for Speaker John Boehner told Roll Call he chose it  over his hometown paper because it’s “an iconic kind of thing.”</p>
<p>Indeed,  the only thing that matters more than political affiliation on Capitol Hill is status, also the organizing principle of the weddings pages.</p>
<p>Unlike other marital columns, the <em>Times </em>pages is not dedicated to meet-cutes and tear-jerky romances. It's like “Mad Libs” for the career-oriented, author Kristin Broughton writes.</p>
<p>“The basic premise is that we’re looking for people who have achievements,” weddings editor Robert Woletz wrote in 2009.</p>
<p>And where D.C. resumes are a little dull, proximity to elected officials can add the necessary glamor.</p>
<p>“A lot of times we’ll tell clients that name-dropping will help get their announcements chosen,” a D.C.-area wedding consultant told Ms. Broughton.</p>
<p>And unlike the <em>Washington Post</em>--and Congress!--you can’t buy your way in.</p>
]]></description>
		<content:encoded><![CDATA[<p><a rel="attachment wp-att-198852" href="http://www.observer.com/2011/11/beltway-ambition-infiltrates-new-york-times-weddings-section/barackmichelle/"><img class="alignleft size-medium wp-image-198852" title="barackmichelle" src="http://nyoobserver.files.wordpress.com/2011/11/barackmichelle.jpg?w=300&h=225" alt="" width="300" height="225" /></a>Capitol Hill staffers make up a disproportionate amount of the <em>New York Times</em> wedding announcements, according <a href="http://www.rollcall.com/issues/57_61/-210387-1.html">to a piece on Roll Call today</a>.</p>
<p>The <em>Times</em> selects just 30 couples every week from a pool of 200 submitted nuptials, according to the article, but legislative directors, committee counsels and “those at the top of the Capitol career ladder” sneak in roughly twice a month.<!--more--></p>
<p>Even Republicans jockey for a spot in the left-leaning <em>Times</em>.</p>
<p>Will Kinzel, a policy adviser for Speaker John Boehner told Roll Call he chose it  over his hometown paper because it’s “an iconic kind of thing.”</p>
<p>Indeed,  the only thing that matters more than political affiliation on Capitol Hill is status, also the organizing principle of the weddings pages.</p>
<p>Unlike other marital columns, the <em>Times </em>pages is not dedicated to meet-cutes and tear-jerky romances. It's like “Mad Libs” for the career-oriented, author Kristin Broughton writes.</p>
<p>“The basic premise is that we’re looking for people who have achievements,” weddings editor Robert Woletz wrote in 2009.</p>
<p>And where D.C. resumes are a little dull, proximity to elected officials can add the necessary glamor.</p>
<p>“A lot of times we’ll tell clients that name-dropping will help get their announcements chosen,” a D.C.-area wedding consultant told Ms. Broughton.</p>
<p>And unlike the <em>Washington Post</em>--and Congress!--you can’t buy your way in.</p>
]]></content:encoded>
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		<slash:comments>1</slash:comments>
	
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		<title>Giff Is So Tired</title>

		<comments>http://observer.com/2005/01/giff-is-so-tired/#comments</comments>
		<pubDate>Tue, 25 Jan 2005 10:34:43 -0400</pubDate>
					<link>http://observer.com/2005/01/giff-is-so-tired/</link>
			<dc:creator></dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/2005/01/giff-is-so-tired/</guid>
		<description><![CDATA[<p>We admit it: We are more likely to read <a href="http://www.nycivic.org">Henry Stern's smart, quirky little essays</a> than we are to read the publications of the Office of the New York State Comptroller, unlike some of our <a href="http://www.observer.com/thepoliticker/2005/01/hevesi-bites-hand-that-fed-him.html">sharp-witted colleagues</a>. We admire in particular the attachment Stern has to the first person plural.</p>
<p>We realize that he's not a must-read for everyone, however, so we bring you this from his analysis of Gifford Miller's testimony in Albany yesterday:</p>
<p>"When [Miller] says, 'This is the fourth time I've appeared before you to talk about the governor's budget. And, frankly, I'm tired of appearing before this committee every year and asking you to do the job that New York City's mayor ought to be doing,' we appreciate his frankness, but frankly, if he is this tired at 35, what will he be next year, when he will be 36, and if he happens to be elected mayor, will have to return to the committee to ask for money for the city. And who else will there be for him to denounce?"</p>
]]></description>
		<content:encoded><![CDATA[<p>We admit it: We are more likely to read <a href="http://www.nycivic.org">Henry Stern's smart, quirky little essays</a> than we are to read the publications of the Office of the New York State Comptroller, unlike some of our <a href="http://www.observer.com/thepoliticker/2005/01/hevesi-bites-hand-that-fed-him.html">sharp-witted colleagues</a>. We admire in particular the attachment Stern has to the first person plural.</p>
<p>We realize that he's not a must-read for everyone, however, so we bring you this from his analysis of Gifford Miller's testimony in Albany yesterday:</p>
<p>"When [Miller] says, 'This is the fourth time I've appeared before you to talk about the governor's budget. And, frankly, I'm tired of appearing before this committee every year and asking you to do the job that New York City's mayor ought to be doing,' we appreciate his frankness, but frankly, if he is this tired at 35, what will he be next year, when he will be 36, and if he happens to be elected mayor, will have to return to the committee to ask for money for the city. And who else will there be for him to denounce?"</p>
]]></content:encoded>
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