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Article: La Salle Partners selected as 42nd St. development consultant. (New York, New York)
- Article from:
- Real Estate Weekly
- Article date:
- May 4, 1994
CopyrightCOPYRIGHT 1994 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mounting entertainment and retail interest in the 42nd Street Development Project has led to the designation of La Salle Partners as a financial and real estate development consultant to the project.
Vincent Tese, chairman and chief executive officer of the New York State Urban Development Corporation, announced the approval of La Salle and attributed the intense interest to three recent developments: the Walt Disney Company's commitment, in February, to restore and renovate the landmark New Amsterdam Theater as a home for Disney productions; the 42nd Street Now! plan designed by Robert A.M. Stern, released last September; and New York City's commitment of $35 ...