Wednesday, August 25, 2004


Check out this excerpt from Lois Weiss’ column in today’s NY Post. I added the emphasis at the bottom.
(for those who don’t know, to kvel is to swell with pride… I am swollen!)

The old Cunard Building at 25 Broadway and owned by Zev Wolfson is going through some changes.
First, the U.S. Post Office is leaving its stunning headquarters on the ground floor. That remarkable space is being pitched to retailers by a Cushman & Wakefield team.
The lower floors up to 15 are a mix of office tenants. Meantime, the 16th-22nd floors are being kept vacant with plans to convert them to apartment condos — unless "the right" office tenant comes along.
According to Cushman's Eli Levitan, the company is keeping both options open for as long as possible.
The building is meanwhile being repositioned as a luxury office and residential property. As part of those efforts the lobby will be restored to its former grandeur.
Ralph Herzka led a Meridian Capital team that obtained $120 million in funding from Independence Community Bank.
Christopher Palmer and John "Jack" Curran of Cullen & Dykman worked on the deal for the bank while Wolfson was repped by a Fried, Frank team led by David Kaufman.


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