"This is the place to be for the future of Lower Manhattan," said Bloomberg. "The opening of this store shows a confidence in the area that is well justified." Bloomberg concluded his brief speech by inviting attendees to peruse the store's wares, although "I won't be wearing anything," he said. "That was for Rudy to do in the inner circle."

J. Patrick Spainhour, chairman and CEO of Ann Taylor Inc. announced that 40% of net sales from the 6,300-sf women's clothing store's first week of business will be donated to the New York Police & Fire Widows' & Children's Benefit Fund.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.