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MaryAnne Gilmartin's Firm to Redevelop Chelsea Corner


MaryAnne Gilmartin and a rendering of 335 Eighth Avenue (Getty, COOKFOX Architects)
MaryAnne Gilmartin’s development firm struck a deal to redevelop a corner site on Eighth Avenue in Chelsea. 
MAG Partners was chosen to enter into a long-term lease with a sprawling, multi-block affordable housing complex for a dilapidated retail building at 335 Eighth Avenue,
The Real Deal has learned. The firm plans to redevelop the site into a mixed-income apartment building with a grocery store and community space. Construction is expected to start in 2022.
The seven-story project will qualify for the Affordable New York program, with 30 percent of the approximately 200 set aside as affordable. ....

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The bull market in news is over. Now what?

The scene is early February 2017 and I’m chatting with Rupert Murdoch and Peter Thiel at a reception for chess grandmaster cum anti-Putinist, Garry Kasparov, at New York City’s hoary University Club. “Well,” he says in the sort of earnest way he has, “we are in a bull market for news.” Thiel was right, (leaving aside that Thiel is the man who shut down Gawker, and nevermind the polarization and carnage Murdoch has inflicted on our media and. ....

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