American Apparel
News about American Apparel, including commentary and archival articles published in our Articles.
- April 2017 New York Buildings For Sale
- New York Buildings For Sale: Ashkenazy Acquisition Corporation and DekaBank are looking to sell a newly redeveloped retail space at the base of 522 Fifth Avenue. The owners finished a $16 million renovation of the two vacant retail condominiums at the base of the 23-story, 380,000-square-foot office condo building. The two-floor retail condos together have 27,310 square feet, with about 10,850 square feet on the ground floor. The retail was valued at $277 million last year, when General Growth Properties sold its 10% stake to an unidentified investor. Ashkenazy, Germany-based DekaBank and Chicago-based real estate investment trust GGP jointly acquired …
- September 2010 New York New Developments
- New Developments A deal with Silverstein Properties over how to pay for two towers was approved by the Port Authority of New York & New Jersey. The plan calls for the restoration of the east side of the site to at least street level and the completion of the WTC Transportation Hub. The funding needed for the project is now projected to be between $1.1 billion to $1.3 billion.A crucial City Council subcommittee and committee voted in favor of an office tower at 15 Penn Plaza proposed by developer Vornado Realty Trust. Although opposition to the 1,216-foot-tall tower stemmed from …