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Robert Ripps book
History of Tribeca Buildings
Seen & Heard: Still No Sign of Life at Kori
••• I heard about this on Twitter but hadn’t noticed it in real life.
••• Still no sign of life at Kori.
••• New York Skateboard Co. has a pop-up on Duane, in the Wynd office just east of Church, through today. Other brands include Three Amigos, Odd Man Out, and Eat Shit Club.
••• The Downtown Alliance’s newsletter says that the Madewell shop is open at Brookfield Place.
••• Checking in on the two buildings under construction on Greenwich, above Canal: The first one is 100 Vandam (at the southeast corner of Greenwich), where a big modern tower is being built inside and atop the existing structure. The second one is 110 Charlton, which will be 30 stories.
••• Interesting comment exchange on Facebook about the imminent closing of the Saks women’s store at Brookfield Place.
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As to Saks and Brookfield in general, it’s possible that the affluent shoppers the mall was expecting never came to shop there. A representative from a store that was considering opening a location in Brookfield told me that, based on their study, their Tribeca customers would be more likely to go uptown to shop than to Brookfield Place. So perhaps the “sizing” problem at Saks was with the potential audience of affluent consumers interested in shopping at Brookfield.
although a fascinating facebook thread, it just highlights the symptoms. what happened to saks is classic fictionalization. the company was built by people who actually knew something about clothes and retail. for the last ten years, it has been owned by richard baker, a real estate guy who also bought hudson bay and lord & taylor. this was a real estate play based on the underlying value of the store locations. all the brands are managed through a holding company and a cast of revolving door executives who are idiots. now that the commercial real estate market is sinking, hbc is bleeding cash and cutting everything to the bone.
Hilarious! Finance guy husband = skinny wife