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Daily News from New York, New York • 377

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
377
Extracted Article Text (OCR)

4 III imwp i mil JXlMmmim fir JF if Witkoff plots plans for Hell's Kitchen eveloper Steve Witkoff of the Witkoff Group is venturing 1 1 II where few big name developers have gone before, buying a UdJ plot of land at 10th Avenue and W. 37th Street, real estate sources said. LOCATION LOCATION LOCATION The Internet is big. Your phone is small. Don't worry, Nextel has a solution.

ACCESS ESSENTIAL INFORMATION Receive priority email through MSN Hotmail. And with MSN Mobile, you can be alerted about important things like stock quotes, weather updates, news headlines even check flight information. iifiWNinfiraTa Witkoff is paying about $12 million for the 20,000 square feet in Hell's Kitchen, the sources said. The plot, on the east side of the street, is now home to a parking lot with a few low slung buildings behind it. The seller was a group of investors who owned the property for two decades.

It is not clear how Witkoff, whose recent projects include converting the famed Woolworth Building across from City Hall into condominiums, intends to develop the site. He did not return calls. Under current zoning law, a building of about 150,000 square feet 15 stories, or possibly a little bigger could be built on the site. SEND SHORT MESSAGES With Nextel Online Two-Way Messaging," receive and send text messages during meetings or any time you can't break away to make calls. MOBILE ECOMMERCE Purchase software, books, electronics, even construction tools and equipment.

Right from your phone. FIND IT ALL IN ONE PHONE Get critical information your business requires. Designed to fit comfortably in your pocket. RELAX Business just got easier. the building, it had just five stories he added the four-story penthouse to use as his living space.

PRICES THROUGH ROOF Downtown Manhattan townhouse sale prices are getting so high, they're often more expensive per square foot than most apartments. It used to be a given that prices per square foot for townhouses were lower than those for apartments. That's still true even in Manhattan neighborhoods as pricey as the upper East Side, said broker Jon Capobianco of Alice Mason. But in downtown neighborhoods like Gramercy Park and Greenwich Village, where celebrities Meryl Streep, Christy Turlington and Lou Reed live, nouses are now starting to sell for more than $1,000 a square foot, and "even the most expensive apartments don't usually sell for that," said Capobianco, who just sold a home on W. 12th Street for $3 million.

There are about three more houses that have signed contracts for similar prices, said Sara Gelbard of the Corcoran Group. EXIT WHOOPI The mix of residents at a certain co-op in the East 70's may be losing some star power in the near future: Whoopl Goldberg is selling her apartment. Goldberg's high-floor, apartment, which she bought for $2.9 million in 1996, is on the market for $5.6 million, brokers said. Word among locals is that the actress will probably find another place to live in the city. But ex-beau Frank Langella is said to be thinking of getting a place out of town.

1 Introducing NEXTBjrne Nextel phones are manufactured by Motorola, Inc. Steve Witkoff Witkoff seems eager to get started: Earlier this week, workers drilled holes into the ground for a preliminary environmental study. HOUSE THAT RUDOLPH BUILT The estate of deceased funky modernist architect Paul Rudolph designer of the School of Art and Architecture at Yale just sold his nine-story home at 23 Beekman Place for $5.5 million. The buyer of the house is an architectural historian who will be moving in with his family, said Douglas Elliman broker Jan Hashey. The new owner intends to convert it back to a spacious, single-family home.

Rudolph owned the house from 1976 until his death in 1997. When he bought 1-800- NEXTEL9 nextel.com Call by May 31 and get: Nextel products and services available at NY, NJ, and CT authorized agents and retailers, including the following Nextel Communications locations: Proud sponsor of Disney big 'Millionaire' winner BK Society 131-29 31st Avenue Flushing 532 Broadhollow Road Melville 1 North Broadway 11th Floor White Plains ment magnate Martha Stewart, said it earned $5.6 million, or 1 1 cents a share, in the quarter, compared with adjusted pro-forma earnings of $3.4 million, or 7 cents a share, for the year-ago period be- fore it went public. THE Revenues rose 30, I IIC to $69.1 million from Office nxzjpoT. mmrz CAMERA BOATER A WORLD Marine Centers 200 Bonus Minutes 1,000 Free Weekend Minutes $50 Service Credit TSRWiretessr $53.4 million a year earlier. Revenues from the New Jersey 1031 Centennial Avenue Piscataway 201 Route 17 North Lobby Level Rutherford Connecticut 100 Corporate Place Rocky Hill LET'S Tflllf ttttHLAl WlfttUElt Disney reported a better-than-expect-ed 31 gain in profits to $369 million in its latest quarter as its ABC television network saw strong advertising sales and high ratings for its hit show, "Who Wants to be a Millionaire." Disney generated earnings of 18 cents per share on revenues of $6.2 billion, vs.

$281 million, 13 cents a share, on revenues of $5.4 billion a year ago. The figures exclude results at Disney's publicly traded Internet unit, Go.com, which reported a net loss of 47 cents per share before one-time costs. Including Go.com, Disney reported net income of $161 million, or 8 cents a share, for the latest quarter, after $97 million, or 5 cents a share, a year earlier. Martha profits top expectations Multimedia and merchandising giant Martha Stewart Living Omnimedia reported higher first-quarter earnings, beating Wall Street expectations by 7 cents, amid revenue growth in its publishing division and its InternetDirect Commerce unit. The company, run by home entertain New York 3 East 54th St.

20th Floor New York 59 Maiden Lane 21st Floor New York 5 a Promo: NXNYOO-042-101 InternetDirect Commerce segment nearly doubled, to $10.6 million, amid higher catalogue circulation and traffic on marthastewart.com. Metallica seeks to nip Napster In the latest battle over protecting music copyrights on the Internet, the heavy-metal group Metallica demanded that online music service Napster cut off 335,000 users who have illegally traded the band's songs. Napster said it may comply with the band's request to remove those users who illegally continue to trade such Metallica tunes as "The Unforgiven," "One," and "Enter Sandman." CM 200 bonus minutes on National Business Plans only. Bonus Minutes expires at the end of 2000. 1,000 free weekend minutes on any rate pian of $84 95 or above.

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Nextel, the Nextel logo, Nextel Direct Connect, Nextel Onlme, and How business gets done are registered trademarks andor service marks of Nextel Communications. Motorola, iDEN, i500plus, i700plus, and ilOOOphjs are trademarks andor registered trademarks of Motorola, Inc. MSN, MSN Mobile and Hotmail andor other Microsoft products referenced herein are either trademarks or registered trademarks of Microsoft Corporation..

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Pages Available:
18,846,294
Years Available:
1919-2024