In the News: A Rash of Counterfeit Cash

Tribeca Upholstery by Claudine Williams121 Chambers••• 121 Chambers has been sold for $16.2 million, which is presumably bad news for Tribeca Upholstery at 103 Reade (as the northern half of the building is known). “An upholstery store with a lease expiring at the end of September is in one of the ground-floor retail units, and the other is vacant.” (Top photo by Claudine Williams.) —Commercial Observer

••• Tribeca’s Kitchen “has been hit with a rash of bogus bills, most recently this month.” —Tribeca Trib

••• “This weekend is the last chance to walk the plank on the Peking—the storied, black and white ship that has towered above the South Street Seaport since 1974. She’ll be hauled back to her birthplace in Hamburg, Germany next spring and will be replaced by the Wavertree. […] The Peking’s last tour for land-lovers will be Sunday at 4:15 p.m. before it sets sail for Staten Island on September 6. She’ll spend the winter on the island’s Caddell Drydock before heading to Europe.” —New York Post

••• “Michael Samuelian, vice president of real estate firm Related Companies, has been nominated to take over as CEO and president of The Trust for Governors Island.” —DNAinfo