In September 2021, Macy's accused the billboard's owner Kaufman Realty of negotiating to lease the space to an online retailer before Macy's most recent lease expired that August. Macy's claimed that the lessee was almost certainly Amazon and filed for an injunction preventing Kaufman from leasing the space to a competitor. Macy's claimed that a 1963 agreement prohibited such a lease "forever" and that an Amazon billboard would be highly visible during the Macy's Thanksgiving Day Parade.
I used to work one block from there. For years I got off at that station and walked past the building but had no idea it was hiding something like that. Amazing!
Every bedroom of a rental is required to have a window in New York.
But in this part of town, the advertising rights alone probably vastly exceed any possible revenue from renting the building for residential use. It’s kind of like the tiny building in Times Square that has the ball on top. I don’t think people even realize there’s a building behind all of the billboards, but it was original New York Times building.
I was thinking the same question. It certainly looks unoccupied -I can’t imagine people living in the other side but then again it _could_ be very well maintained and decorated on the inside despite the eyesore looks on the outside. Moreover since the lower floors are commercial it must mean that at least the upper floors are keeping out the elements.
I know. I was expecting something easier on the eye. Maybe a century of being behind billboards has wrecked it. The 1906/1907 photographs look much better.
In September 2021, Macy's accused the billboard's owner Kaufman Realty of negotiating to lease the space to an online retailer before Macy's most recent lease expired that August. Macy's claimed that the lessee was almost certainly Amazon and filed for an injunction preventing Kaufman from leasing the space to a competitor. Macy's claimed that a 1963 agreement prohibited such a lease "forever" and that an Amazon billboard would be highly visible during the Macy's Thanksgiving Day Parade.
https://old.reddit.com/r/SpiteHouse/comments/of5cqh/in_the_c...
I don’t know for sure, but I imagine usable windows are required for living spaces.
But in this part of town, the advertising rights alone probably vastly exceed any possible revenue from renting the building for residential use. It’s kind of like the tiny building in Times Square that has the ball on top. I don’t think people even realize there’s a building behind all of the billboards, but it was original New York Times building.
Initial word of headline necessary for comprehension