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A week after his failed IPO, Pershing Square Holdings' Bill Ackerman is mulling a deal to take Howard Hughes Holdings private.
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Howard Hughes Corp's ICSC after-party
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The LPC signed off on HHC's plan to relocate the historic Tin Building, paving the way for the rest of the South Street Seaport to go forward.
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ESPN will occupy about 19K SF at South Street Seaport's Pier 17, owned by the Howard Hughes Corporation, for a live production studio.
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The space will span 46K SF across the entire top floor of the building.
The future of South Street Seaport is in jeopardy because of one holdout; Councilwoman Margeret Chin.
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The massive new tower will join a rapidly growing roster of supertall towers in Lower Manhattan.
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The proposed development for the site, which would dwarf neighboring buildings, has long been controversial.
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China Oceanwide Holdings could build supertall in lower Manhattan
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