Daffy's store gets big downtown welcome.Daffy's, the Secaucus, NJ-based designer-wear off-price retailer, celebrated the opening of its first Lower Manhattan store at 50 Broadway with a ribbon cutting ceremony A ribbon cutting ceremony is a public ceremony conducted to inaugurate the opening to the general public of a new building or business. Often, it is conducted in just the manner the name suggests: by tying a ceremonial ribbon across the main entrance of the building, which last week. Carl Weisbrod, president of the Alliance for Downtown New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , emceed the ceremony which included speeches from Daffy's President, Marcia Wilson, and United Federation of Teachers' President, Randi Weingarten. "We are very bullish about Lower Manhattan," said Marcia Wilson, herself a Downtown resident. "We look forward to being an important contributor to the continued growth and renaissance of this historic neighborhood." "We're delighted to welcome Daffy's to our building," stated Randi Weingarten. "We welcome their important contribution to the revitalization of Lower Manhattan." Daffy's signed a 20-year lease for the 18,500 s/f of ground floor, mezzanine and basement space at 50 Broadway. This is Daffy's seventh store in Manhattan and ninth in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The 37-story office tower at 50 Broadway, owned by the United Federation of Teachers (UFT UFT United Federation of Teachers UFT Tegafur-Uracil (chemotherapy) UFT Unified Field Theory (physics) UFT Undergraduate Flying Training UFT Unofficial Foreign Travel UFT Up for Trade ), is a distinctive 342,000 s/f art-deco structure built in 1929. David R. Hickey, General Manager of the UFT represented the landlord in the lease negotiations. Daffy's was represented by its Senior Vice President and CFO See Chief Financial Officer. Richard Kramer. Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits. (2) (Available Bit R , Inc. acted as the sole real estate broker in the transaction. Neil A. Lipinski, Senior Managing Director at Colliers ABR, and Michael J. Hofmann, Senior Managing Director, Retail Division at Colliers ABR, represented the UFT. Strook & Strook & Lavan LLP's Jack Bart and Jonathan Blum also represented the UFT in the negotiations. |
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