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Commercial Observer BETABEAT POLITICKER GALLERIST COMMERCIAL VSL POLITICKERNJ Search CO GO Wired City Lease Beat Sales Beat Food & Drink FEATURED: ICSC 2014, POWER 100, MO’S TOP 50 LIST, OWNERS MAGAZINE ASSIGNMENTS Follow Like 781 Ian Schrager Taps CBRE for 20 CONNECT WITH US Sign up for our Newsletter SEND Times Square Retail Send an anonymous tip SEND BY AL BARBARINO 5/21 11:57AM Subscribe to Mortgage Like 0 Tweet 3 Share Share 1 submit Email Share Observer Weekly ➦ The latest breaking industry updates and news—delivered Ian Schrager and his joint venture constructing the Times Square Edition hotel at 20 Times directly to your inbox every Friday morning Square has named CBRE as the exclusive leasing agent for the development’s 76,000-square-foot retail component. Mr. Schrager, along with Witkoff Group, Winthrop Realty Trust, New Valley LLC and Maefield Development, are Subscribe to the creating a mixed-use development at the site that will include Commercial Observer in Print ➦ the 452-key hotel, 40,000 square feet of flagship dining, The latest news, interviews entertainment and event space, according to an and in-depth analyses for those engaged in the New announcement. York commercial real estate industry The retail, at the northeast corner of Seventh Avenue at 47th Street, in Times Square’s bow-tie and across the street from 2 CO Now Email Archives ➦ Times Square and the iconic Coca-Cola sign, will feature 200 feet of wraparound frontage, a 25-foot-tall glass storefront and flexible floor sizes ranging from 10,700 to 14,700 square feet. RECOMMENDED FOR YOU The 39-story hotel, created in collaboration with Marriott International, will be Manhattan’s second Edition, as Mr. A rendering of the 20 Times Square Schrager has plans for another at the landmarked Clock Tower Edition hotel. at 5 Madison Avenue. The “luxury lifestyle” Edition brand was conceived as Marriott’s “answer to competitors attuned to younger, hipper clientele — especially Starwood Hotels and Resorts’ W line,” according to a report in the New York Post earlier this Orthodox Union Renews Slideshow: Inside the and Expands at World Trade Center year, which noted that Marriott will manage the hotel under a long-term agreement. 11 Broadway Promoted Content by Taboola An enormous, reportedly 18,000-square-foot high-def LED sign will wrap around the property, making it one of the largest in Times Square. Popular on CO A CBRE team led by Stephen Siegel, Andrew Goldberg and Susan Kurland will oversee the Hotel Transactions Expected to Pick Up retail leasing efforts. Winick Establishes Location Analytics Department Law Firm Signs Lease at 875 Third Avenue FOLLOW AL BARBARINO ON TWITTER OR VIA RSS. [email protected] Venture Capital Firm Relocating to Grand Central Area from NJ Like 0 Tweet 3 Share Share 1 submit Email Barbie Dreamhouse Experience Hits Florida: New York Could be Next TAGS: 2 TIMES SQUARE, 20 TIMES SQUARE, 5 MADISON AVENUE, ANDREW GOLDBERG, ASSIGNMENTS, CBRE, CLOCK TOWER, COCA-COLA, IAN SCHRAGER, MARRIOTT INTERNATIONAL, STEPHEN SIEGEL, SUSAN KURLAND, TIMES SQUARE EDITION From The Web From The Commercial Observer UFC Gym Opening Second NYC Location, on Canal Street [Updated].
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    I I "' FINDERS KEEPERS Miami's power collecting couple are exploring new avenues of art with a maverick insider. south london artists Francesca Gavin reports. Portrait by Lea Crespi usband and wife Don and Mera also with Ian Schrager, of Morgans Hotel before there are reviews, before there Rubell are acknowledged art Group - the couple inherited his interests are incentives". The couple's quest has royalty. With over 50 years of and later launched their own successful recently brought them to south London. collecting under their belt, they hotel group with a number of properties "There's something very powerful in have supported generation- in their home town of Miami. As their going into a new neighbourhood," Hdefining artists at key moments early in business prospects grew, so did their art says Mera. ''Art feels good when it's their careers, such as Jeff Koons, Keith collection - the publicly accessible Rubell part of a reinvention, a revitalisation. Haring and Jean-Michel Basquiat. Where Family Collection (RFC) now comprises We are very, very excited." the Rubells go, everyone else is quick to over 7,000 works and is housed in a They began working with London- follow. When they first started collecting, 3,750sq m space. The couple was also based Eugenio Re Rebaudengo, the Don worked as a doctor, while Mera was instrumental in setting up the Miami founder of digital art platform Artuner, a teacher. They began their collection outpost of Art Basel and is generally after visiting his Studioscape project in soon after marrying in 1964, always agreed to have had a huge influence on 2015.
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