July 14, 2019 Real Estate, Restaurant/Bar News, Shopping
ST. FRANK OPENS ON HUDSON AND JAY
St. Frank has opened a second-floor showroom at 73 Hudson – its fourth store after the SF flagship, Pacific Palisades and East Hampton. This from Architectural Digest: “The 33-year-old entrepreneur (Christina Bryant), who began her career as an art historian, spent several years living and working in Rwanda before returning the U.S. to complete her MBA at Stanford’s Graduate School of Business. Soon after, she founded St. Frank.”
BPC PUP SNATCHED BY WAG DOG WALKER
This is from last month, but I had to run: The Post reported that a dog walker from The Wag stole a Battery Park City couple’s Shih Tzu-Yorkie mix — cuteness alert! – which then caused an intense social media campaign and the help of Olivia Munn.
SAWADA COFFEE REVIEW
Eater reviews the coffee at Sawada, tucked into a corner of Au Cheval on Cortlandt Alley. “The Sawada coffee is bitter and smoky, but extremely smoothed out. While it’s a relatively common style in Japan, from the practically ancient Cafe De L’Ambre and Chatei Hatou to the more modern Bear Pond Coffee, I’ve never found anyone domestically doing dark roasting quite this way, which is to say, not terribly.”
56 LEONARD PENTHOUSES SELL
The Real Deal reports that “The mystery owner of two penthouses at 56 Leonard Street in Tribeca has sold the second — and larger — of his or her luxury pads for $25 million. The buyer of penthouse 53, which was listed at first for $35 million and measures 6,400 square feet, also was anonymous.”
CITIGROUP LEAVING 111 WALL
The Post reports that Citigroup is leaving 111 Wall Street – nearly a million square feet of it – by the end of the year, and Deutsche Bank is exiting 60 Wall for the Time Warner Center. These are massive gaps in the downtown commercial market, just to state the obvious. (For the record, I love 111 Wall – 24 stories designed by Emery Roth & Sons in 1968 – but The Post thinks it’s a hard sell.)
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Alas, 111 Wall IS a Dump. It was when I worked at Citibank over 20 years ago and to my knowledge, no significant upgrades have been made since. A full gut renovation is in order her and the best use of the space could be residential. Fun fact: Every building on the south side of Wall Street from Broadway to the East River is residential with the exception of the NY Stock Exchange and 23 Wall Street (which will eventually be retail).