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Hillary Leads Dems, Republicans in Poll

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Hillary Leads Dems, Republicans in Poll TOP STORIES Some help for Loft stumbles put Wall St. —Greg David the heat on CEO on a tech at Ann Taylor guru who’s rebuilding PAGE 2 the sector ® Landlords compete Page 13 as 3 financial firms start shopping for new headquarters VOL. XXIII, NO. 6 WWW.NEWYORKBUSINESS.COM FEBRUARY 5-11, 2007 PRICE: $3.00 PAGE 2 NY creates an art Why Mike extravaganza; Hillary leads Dems, look out, Miami can wait PAGE 3 Republicans in poll The people who make meetings until dust New York voters would choose happen; Q&A with senator over Obama, Giuliani NYC tourism czar settles BY ERIK ENGQUIST REPORT, PAGE 19 He can get on ballot 2008 Olympics sen.hillary rodham clinton is poised to as independent as trump all comers in New York’s presidential lure firms hoping late as spring ’08 primary and general elections in 2008, to break into according to a Crain’s New York Business poll. China market BY ANNE MICHAUD The survey of 600 registered voters across PAGE 30 the state also found that Rudy Giuliani would every day, it seems that a new handily win a Republican primary but lose gettyimages presidential candidate is jumping GETTING AN EARLY JUMP BUSINESS LIVES into the race and jetting off to Iowa, the state in a final race for the White House. CUPID TALKS SHOP the site of the first 2008 vote. But In addition, the results show that Mayor If the 2008 general election for president were held the buzz around whether Michael Bloomberg, if he runs as an today and the candidates were Democrat Hillary Rod- Mayor Michael Bloomberg independent, would be little more than ham Clinton, Republican Rudy Giuliani and independent will run as an independent Michael Bloomberg, for whom would you vote? a long shot. presidential candidate has ★ ★ ★ ★ died. The results reflect the advantages LOOKING That’s because the may- TOWARD enjoyed by Ms.Clinton,who is fresh off or’s strategy now is to wait— a $30.8 million re-election campaign in probably as late as April 2008 A Valentine’s Day guide 2008. While others seek to which she drew 67% of the vote and is for men on the hunt for lock up financial support and dele- the only New Yorker to have announced a the perfect gift PAGE 35 gates,the mayor can watch the field presidential bid.In a prospective Democratic dwindle and decide if he should 49% 27% 7% primary, the second-term senator was Hillary Rodham Rudy Michael run. Clinton Giuliani Bloomberg “Because he doesn’t have to do favored by 54% of party members, far ahead AT DEADLINE fund raising and he doesn’t have of Sen. Barack Obama, D-Ill., at 18%, and Additional results: primaries, he could get in pretty John Edwards, a former North Carolina 1% Would not vote BROADWAY PROPERTIES late,” says veteran political consult- 2% Other ACQUIRED 450 W. 33RD ST. for ant Joseph Mercurio. “He can go senator, at 5%. 14% Don’t know/No response/Refused to answer more than $700 million from around the country talking about In one-on-one matchups with Republicans, Based on 600 responses. Source: Charney Research the Chetrit Group, which See WHY BLOOMBERG on Page 8 See HILLARY LEADING on Page 8 had bought the property in 2003 for $315 million. The building, between Ninth and 10th avenues, is home to several media companies including the Daily News, the Rebuffed bid leaves Nasdaq isolated Associated Press and WNET/Channel 13.The building comes with 800,000 bid officially expiring Saturday, the square feet of air rights that Founders as NYSE gamble appears doomed. could be developed. Douglas strengthens global The failure will leave America’s Harmon of Eastdil Secured second-largest stock exchange not was the broker on the deal. position; solid gains just empty-handed,but also severe- in its home market ly hobbled in its quest to become a MERRILL LYNCH & CO. PULLED global powerhouse. IN FAR GREATER ASSETS last The battle has consumed a huge year than any other securities BY AARON ELSTEIN amount of Nasdaq’s capital and has firm, according to a report in distracted its management as rivals today’s Investment News.The ten months ago, the Nasdaq were busy merging and forming al- publication reported Merrill Stock Market Inc. risked its long- liances in a quickly consolidating See AT DEADLINE on Page 2 term future on a hostile bid for the global marketplace. London Stock Exchange.With the “Nasdaq has painted itself into a corner,” says Seth Merrin, chief ex- ecutive of Liquidnet Inc., a Man- lindström bekka hattan trading firm that competes with Nasdaq and the NYSE for or- world’s two largest stock market- Chicago futures exchanges are ders. places came only weeks after the combining to form a colossal mar- ELECTRONIC EDITION Meanwhile, the New York NYSE bought a stake in India’s ket of their own. Stock Exchange formed an alliance largest exchange while also prepar- Investors have responded to with the Tokyo Stock Exchange ing to close a merger with Paris- Nasdaq’s move by dumping its NEWSPAPER last week. The linkup between the based Euronext. Additionally, the See FAILED BID on Page 9 AT DEADLINE Sites vie for finance firms Continued from Page 1 major draw for Radar since its brought in $61 billion in net relaunch in September. Neither new money last year, up 17% side would comment. Mean- which is marketing two towers at may need to go through a public ap- from 2005. By contrast, Smith while, Radar will make its third 3 big landlords with the World Trade Center site. proval process to build such a large Barney and Morgan Stanley attempt to gain a foothold in prime sites go after Brookfield is working hard to facility at the location. brought in just $8.5 billion and publishing with a magazine that keep Merrill, which occupies all of $9 billion, respectively, in net will appear on newsstands next Merrill, Lehman, WFC Tower 4 and a portion of Early talks on World Trade Center new assets all of last year. week. J.P. Morgan HQs Tower 2. Brookfield recently put talks regarding Silverstein Prop- forward a plan to build the bank a erties’ planned World Trade Center HEAD COUNT AT NYSE GROUP ADVERTISING AGE PROMOTED 500,000-square-foot trading pavil- sites are still in preliminary stages. INC., PARENT of the New York SCOTT DONATON TO PUBLISHER. BY JULIE SATOW ion, which would be attached to the But senior executives at Lehman, Stock Exchange, tumbled last He succeeds Jill Manee, who is back of Tower 2. Merrill and J.P. Morgan have met year by 21%, to about 2,600.The retiring. Mr. Donaton has been three landlords with prime of- “We’re considering a few select with Silverstein Properties officials. cuts came as more transactions associate publisher and was fice development sites are locked in options and hope to make our deci- Prospective tenants have two op- were done through computers editor of the Crain a fierce battle to attract some of the sion by midyear,” says Peter Riguar- tions: Tower 3, set to be completed instead of on the trading floor. Communications publication city’s largest financial serv- di,president of the New York by 2011,which will include 275,000 The numbers may drop more from 1998 until April 2006. ices firms, which are in the office of Jones Lang LaSalle, square feet of trading space spread after the NYSE closes its $15 “When we promoted Scott to market for new headquarters. 2.5M who represents Merrill. A across five floors; and Tower 2, slat- billion merger with Euronext associate publisher, it was not Merrill Lynch & Co., SQUARE FEET Brookfield spokeswoman de- ed to be finished in 2012, which will in Vornado’s this month. only in recognition of his Lehman Brothers Holdings proposed clined to comment. have 219,000 square feet of trading tremendous leadership ability, Inc. and J.P. Morgan Chase building across Meanwhile, Vornado, space on four floors. INSULT MAY BE THE SINCEREST but part of my succession plan & Co.are shopping for tow- from MSG which is actively marketing Lehman has found a way to sat- FORM OF FLATTERY, it turns out. for Ad Age in preparation for this ers with updated infrastruc- its Hotel Pennsylvania site,is isfy its immediate space needs. It is Gawker, king of the snarky day,” Ms. Manee says. ture and room for large trading floors. in talks with Merrill to be its anchor close to signing a 10-year sublease at blogs, which never misses a The landlords involved are tenant. The real estate investment Time Inc.’s headquarters, at 1271 chance to slam rival gossip site COLUMBIA UNIVERSITY’S Brookfield Properties Corp., owner trust has also met with Lehman offi- Sixth Ave. The 414,000-square- Radar, has been trying to steal GRADUATE SCHOOL of Journalism of the World Financial Center cials, although some market experts foot space had an asking rent of $70 two of its top reporters. has raised more than $50 million downtown; Vornado Realty Trust, say those talks are not as far along. a square foot. Lehman is discussing According to sources, Gawker toward its $100 million goal for a which is proposing to build a Vornado would provide six sto- an option that would allow the in- Media owner Nick Denton has capital campaign launched last 2.5 million-square-foot property at ries of trading floors at its proposed vestment bank to stay at Sixth Av- made offers to Jeff Bercovici and fall.The fund-raising effort is the the site of the Hotel Pennsylvania, building,and would offer an owner- enue after the 10-year period ends.
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