Tag: real estate
Why Did the Grand Prospect Hall Have to Die?
In all likelihood, the Grand Prospect Hall—a New York City night-life hub for more than a century, a listee on the National Register of Historic Places since 1999, the first commercial building in the borough of Brooklyn to be fully wired for electricity, the subject of an immortally kitschy series of nineteen-eighties TV commercials, and the site of countless weddings, bar and bat mitzvahs, corporate confabs, community board meetings, New York Fire and Police Department parties, charity galas, masked balls,
Alden Global Capital, the Hedge Fund Killing Newspapers
The Tribune Tower rises above the streets of downtown Chicago in a majestic snarl of Gothic spires and flying buttresses that were designed to exude power and prestige. When plans for the building were announced in 1922, Colonel Robert R. McCormick, the longtime owner of the Chicago Tribune, said he wanted to erect “the world’s most beautiful office building” for his beloved newspaper. The best architects of the era were invited to submit designs; lofty quotes about the Fourth