••• “Longtime lower Manhattan resident and community board member Harold Reed has died at the age of 75. CB1 Chairwoman Catherine McVay Hughes called Reed, who for many years acted as chairman of the board’s arts and entertainment task force, a ‘cherished and esteemed colleague’ in an email sent out to community members announcing the news of his passing Thursday.” —DNAinfo

••• “The iconic headquarters of the Tribeca Film Festival [13-17 Laight], an 80,000-square-foot building known for its wraparound film festival signage, has traded for $56 million, The Real Deal has learned. Its buyer, an LLC registered to James Bishop, of Florida-based investment advisory firm Whitestar Advisors, hopes to expand and repurpose the property as luxury condominiums.” Also: “Vera Wang president Mario Grauso lives in the building, paying $17,500 a month, according to marketing materials.” Photo courtesy Tribeca Film Festival.

••• In the long run, Sandy might be good for Verizon. Once it’s done repairing and updating, the company “will have a fully modernized infrastructure downtown that could make it more competitive and profitable.” —Crain’s

••• Architect Daniel Libeskind talks to the Wall Street Journal about designing his apartment at 1 Hudson.