Tag: conde nast

Categories
Fashion

Contributing Downtown Stylist Freddie Leiba interviewed by Jeffrey Felner

Styling by Freddie Leiba

Styling by Freddie Leiba
Styling by Freddie Leiba

Freddie Leiba is a name that has become synonymous with international fashion for decades. As a stylist/créateur, he is known to be on a level of his own. In the 1970s, he worked for Andy Warhol in the early days of Interview Magazine. He became Creative Director of Harper’s Bazaar in the mid-1980s and was brought into Condé Nast by Anna Wintour and Alexander Liberman in the 1990s. In the late 1990s, the Royal College of Art graduate moved over to InStyle.

Downtown has had the pleasure of working with Freddie, who recently interviewed by Jeffrey Felner. Jeffrey’s interview with Freddie is a must-read and can be found here: http://bit.ly/2duhlgb

https://www.youtube.com/watch?v=KPPve4CcyEc

Categories
Business Culture Music

Condé Nast Acquires Pitchfork Media

LowerManhattanSept2013
Photo: Courtesy of Wikipedia Commons

On Tuesday, the New York Times reported that Condé Nast has purchased Pitchfork Media. Conde Nast, the media publisher located in the World Trade Center known for publications like Vogue, GQ, and much more, bought the independent Chicago-based online music magazine to add a music-centered publication to its roster.

Pitchfork started in 1996 when there weren’t many online publications or online platforms for rising artists. As it grew larger, it launched the Pitchfork Music Festival in Chicago, as well as a festival in Paris. Pitchfork has been lauded for its music writing and launched The Pitchfork Review, a quarterly print publication, in 2013.

In a press release from Condé Nast, president and CEO Bob Sauerberg announced the acquisition of Pitchfork Media as a means of adding to Condé Nast’s digital presence.

“Pitchfork is a distinguished digital property that brings a strong editorial voice, an enthusiastic and young audience, a growing video platform and a thriving events business,” said Sauerberg in the release, “We look forward to bringing Pitchfork to the network of best-in-class brands of Condé Nast.”

The founder and CEO of Pitchfork, Ryan Schreiber, expressed how Pitchfork will be able to grow from the acquisition.

“Pitchfork is incredibly fortunate to have found in Condé Nast a team of people who share our commitment to editorial excellence,” he said in the press release, “Their belief in what we do, combined with their additional expertise and resources, will allow us to extend our coverage of the artists and stories that shape the music landscape on every platform. We’re honored to become part of their family.”

Click here to read Pitchfork’s statement.

-by Kari Sonde

Categories
LA News

Condé Nast Moves Into The World Trade Center

IMG_0642

This morning marked the start of a monumental change occurring in Lower Manhattan. Thirteen years after the terrorist attacks on 9/11, the World Trade Center is finally opening its doors. On Monday November 3rd, publishing giant Condé Nast began its move from Times Square into One World Trade Center. The 175 employees that moved in today are just the first wave of what will be over 3,000 editors, writers and advertising executives moving in with the company.

Here at DOWNTOWN Magazine, we have always known that Lower Manhattan is the heart of New York City. The movement of Condé Nast downtown is the first step in breaking the barrier and stereotype that Lower Manhattan is strictly reserved for bankers and financial offices. Condé Nast as a whole will occupy around 20 of the tower’s 104 floors.

Others major names that defy the misguided stereotype that will be moving into the building include Anna Wintour, editor of Vogue Magazine and Graydon Carter, editor of Vanity Fair.

We look forward to the arrival of many more businesses downtown as they realize just how much Lower Manhattan has to offer.

-Writing and photography by Lauren Price

Categories
Business Events Real Estate

One World Trade Center To Open Within The Next Month

OneWorldTradeCenter

World Trade Center. Photo: Courtesy of Wikipedia

The One World Trade Center, currently the tallest building in the Western hemisphere, is expected to open within the next month.

The building marks a massive milestone for the Lower Manhattan rebuilding effort after the many devastating destructions that have occurred in the past 20 years.

Sources say that October 27th is the target open date according to the owners but this has not been confirmed as they have not finalized their plans. However this being said, the tenant that will occupy most of the building, Condé Nast, has said they will begin to move employees into their 24 floors of space starting in November.

In addition to Condé Nast, the Port Authority and Durst Organization have signed leases with China Center New York and the U.S. General Services Administration for spaces in the building. Kids Creative LLC and Servcorp have also signed a lease for one floor each which leaves 30 floors still in need of tenants. 

This well-known section of the downtown neighborhood has almost reached completion with the museum open, the memorial accessible to the public and with the 4 World Trade Center also finished. The massive transportation center has developed a clear shape and structure and is expected to open next year. 

Business aside, the building sometimes referred to as the Freedom Tower symbolizes hope and rebirth in the wake of the tragedies that occurred on 9/11 in Lower Manhattan. As a community, we are proud to see the One World Trade Center near its long-awaited opening.

 -Lauren Price

 

Categories
NYC Real Estate

Development: Downtown’s New Diversity

World Trade Center, Silverstein Properties

THE INFLUX OF NEW BUSINESSES AND FAMILIES HAS LED TO EXCITING NEW DEVELOPMENTS

By Luis Vazquez

Just a little more than a year ago, newspaper accounts were claiming that the growth of Downtown had been derailed by Superstorm Sandy. Now look how far we’ve come.

New industries have been pouring into Lower Manhattan, diversifying the commercial landscape and bringing more people looking for residential opportunities.

Long gone are the days when Downtown was dominated by the financial industry and the sidewalks were rolled up at 5:00 p.m. after the final call of the day. New businesses like Condé Nast, Splashlight Studios, AMI and BMI have brought a vibrant, young and family-focused workforce with them. The Fulton Center subway hub will open next summer as the city’s third largest train station after Penn and Grand Central Stations, serving 300,000 people daily.

All have helped to change the face of Lower Manhattan into a fully realized community.

“The Financial District and Lower Manhattan are in the midst of an exciting transformation period that will improve daily life for the growing number of residents, visitors and all New Yorkers,” says a spokesman for the Howard Hughes Corporation, which is in the midst of its own mixed-used redevelopment of the South Street Seaport with retail, hotel and condo facilities.

As a result, new construction is flourishing on a wide variety of projects that are as diverse as the people they are intended to serve. Just months ago, the doors swung open for the first time at 4 World Trade Center, and the soaring new 1 World Trade is scheduled to do the same next year.

New Diversity is a Development article in DOWNTOWN’s Spring 2014 edition. If you would like to continue reading the whole article, you can find it in our latest issue on newsstands now!

Categories
Business NYC Real Estate

KiDS Creative Becomes Hottest New Tenant at 1 World Trade Center

1 WTC Image1 WTC Image 1 WTC Image

wtc

The opening of 1 World Trade Center later this year is becoming one of the most anticipated events of our lifetime.

In the latest news, KiDS Creative, a premier Advertising agency, has signed a one-floor lease with the tower, and will be calling the 87th floor home for the next 15 years.

The company boasts a robust clientele that includes Alexander McQueen and Balenciaga, and is a division of Box Studios.

Despite the announcement, leasing space inside the 1,776-foot tower, has been a slow go. Recently, rent rates were reduced from $75 per square feet for the floors below the 65th to $69 per square feet. This 10-percent reduction is a direct response to the difficulty in attracting tenants to the building. To date, about 55 percent of the building has been leased.

The 104-story building, a joint venture between The Port Authority of New York and New Jersey and The Durst Organization, is designed to be the safest commercial structure in the world and the premier commercial business address in New York. It will feature 3 million square feet of office space on 71 office floors, a grand public lobby, and an observation deck offering unparalleled views of the region.

The most celebrated tenant so far has been the massive media giant Conde Nast, which has secured more than 1.05 million square feet at the Tower, making it the single largest renter in the building. On the other side of the coin, the first private-sector buyer at 1 WTC, The China Center, is reducing its lease space to 100,000 square feet. Despite halving its original floor space, the China Center is moving to floors 88, 89, and 90, from floors 64 to 69. The higher floors in the tower cost significantly more, which still guarantees a healthy lease value.

—Fahad Huq