Al Gore Moving Into Douglas Durst’s One Bryant Park
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Al Gore will be taking an office downstairs from developer Douglas Durst, as his investment firm Generation Investment Management is planning a move from its Washington, D.C., offices to the Durst Organization’s Bank of America Tower.
“It’s just a decision that we’ve taken lately that the very best place for us to be positioned for our clients and our business is New York City,” said Peter Knight, the president of the American operations of Generation Investment Management.
The firm, created in 2004 in a partnership between Mr. Gore and former Goldman Sachs CEO David Blood, manages equity in socially conscious investments, currently overseeing about $1.5 billion.
Their firm is small—its Web site says it employs 27 people—though Mr. Knight said it expects to grow in coming years. As such, they’ve agreed to take about 5,000 square feet in the tower at One Bryant Park, which is scheduled to open in 2008. The tower is seeking the environmentally prestigious LEED Platinum sustainability rating, which the Durst Organization says would be a first for a high-rise.
Generation Investment Management is based in London, and its U.S. offices have been based out of Washington since the company began.
“We think the nexus between London and New York is a powerful one for investing in global equities,” Mr. Knight said.
The deal leaves Mr. Durst with just one floor to be leased in the tower—floor 37—as Generation Investment will take space on floor 48, which had not been advertised as available. Mr. Durst’s office will be on floor 49, a Durst spokesman said.
Perhaps the entrance of Mr. Gore will provide the lure for a tenant to pay the high price for Mr. Durst’s final floor, said to be asking about $185 a square foot.
48 East 81st Street
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"Hey, does anyone think we could make money off this Global Warming thing?"
A vote for NYC.
Does Mr. Gore have any Buddhist nuns as investors/
Gore moving into a Durst building?
Maybe he can trade carbon credits for body parts.
[GO BACK WHERE YOU CAME FROM, HICK TRASH HUSTLER!]
ARE YOU KIDDING?
IT'S ALREADY MADE ALBORE A REALLY RICH FOOL. THE WHOLE THING IS A SCAM ANYWAY.
I'LL SELL YOU CARBON CREDITS AND A CLEAR CONSCIENCE FOR MEGA BUCKS. CARBON CREDITS ARE THE LEAVINGS FROM THE HORSES THAT PULL THE CENTRAL PARK CARTS.
WAKE UP WORLD....THIS IS A GIGANTIC FRAUD AND WILL BE OVER IN 5 YEARS OR SO, WHEN PEOPLE REALISE IT'S A JOKE ON THEM.
ARE YOU KIDDING?
IT'S ALREADY MADE ALBORE A REALLY RICH FOOL. THE WHOLE THING IS A SCAM ANYWAY.
I'LL SELL YOU CARBON CREDITS AND A CLEAR CONSCIENCE FOR MEGA BUCKS. CARBON CREDITS ARE THE LEAVINGS FROM THE HORSES THAT PULL THE CENTRAL PARK CARTS.
WAKE UP WORLD....THIS IS A GIGANTIC FRAUD AND WILL BE OVER IN 5 YEARS OR SO, WHEN PEOPLE REALISE IT'S A JOKE ON THEM.
Just realize...the kooks love this guy.
Gore's latest activity. I didn't know Peter Knight and he were in this together.
What a shock people might profit from this global warming thing!! where's the kum-ba-ya ,love and peace and sharing in that? And I,m sure it will all be taxable income being as it's a socially responsible cause and all. Imagine being in a position to create a ficticious new industry as you position yourself at the helm. Now that makes me sure he really did deserve a nobel peice prize..
Gore should go to work for a carnival...
koolaid drinking, GOP puppets----get a life, losers. 'nough said.
Some real Gore haters here. Gore is chairman of this company and a partner at Kleiner Perkins, a venture capital firm in Silicon Valley. These are private companies that do not sell anything related to global warming. They do invest in new technologies and enterprises that have lasting value. Google Generation Investment Management or find the stories that were all over the press about Gore joining Kleiner. The media likes to say this is Gore's office, but as chairman I doubt he'll be there much. THe US operations of the investment firm, which was co-founded by a top Goldman Sachs partner, will be there. I don't see why this is seen as somehow incongruous with his global warming work or that he is cashing in on it. Neither appears to be true.
Why are so-called NeoCons so threatened by Gore? Could it be that his real platform is exposing the truth and truth is a direct threat to submitting to the corporate-welfare conditioning of debt/labor servitude and the distruction of due process? It seems too logical to me. Neocons, please take some time to examine whether your thoughts/feelings are really your own - good night and good luck. Notocon
Who's a "neocon?" Just not liking Gore doesn't qualify anyone for that label.
But yeah, doesn't it seem right that you should be able to make a profit off of global warming as a way to fix the world problem. We have an opportunity as Americans to not only innovate for the green-future, but to capitalize upon it as a vessel to sustain both wealth--and, as a double bonus--our international image as a liberal beacon. Like it or not, liberal-capitalism won the cold war, empowered its citizens with amazing civil liberties, created the most dynamic scientifico-research complex, and now has a chance to capture the future markets of eco-friendly industry. Capitalize on it! Spend your money on it. Dollars that go into businesses here mean faster returns in the future. There is no stopping a moving train.
Al works to raise funds for "socially concious" investments. Certain folks puke on him for that. If he didn't, they'd puke on him for that too. You know they would. Their comments say more about themselves than about Gore, and it ain't flattering.
David Blood was never the CEO of Goldman Sachs & Co.
No, I don't think we should make profits on global warming. Gore even donated his Nobel Prize towards fighting Global warming. Just because he makes money in other ways, doesn't make him a profiteer for GW. Our Congress is now trying to institute credits on an energy bill, that gives points for carbon emissions, that can be traded, but they're looking to give the most points to polluters- I can't believe that they would give to the biggest polluters these free points, (biggest money-makers too).
Let's profit on changes in emissions, by breathing better quality air.
If Gore was interested in profiting on Global Warming, why would he be traveling, lecturing on why we need the Kyoto Treaty, and changes in emissions caused by carbon dioxide in places like the U.S., Australia and China?
By the way, MikeG where do you get the idea we've been empowered by amazing civil liberties - we are losing our civil rights with every congressional act or stroke of Bush's pen, now.
Yes, it does. There are no Democrats that dislike Gore. So cut the bull.
Al Gore is Joke! IF you can not see through the false hype
and false science then the joke is on you.
Real problem is we will all suffer through higher energy cost
and greater restrictions on our Liberty and Freedom.
Wake up read both sides of the issue study the real Facts and ask yourself why does AL Gore LIE SO OFTEN, I desire a Planet that is as clean and safe as possible for all including my grandchildren yet I will not give up my car, air conditioning,
heat, Yet these are the problem makers or are they?
These are what they want to TAX since they cant tax the Air we breath they will tax everything that is expelled into it.
The U.N. has been trying to implement a world wide tax on something! anything ! for a long time, what a perfect input for a carbon tax, well you know to save the world,not for power or control just to be well nice.
Fortune Magazine thinks David Blood was a CEO of Goldman, so does CNN and Bloomberg's media outlets as well as MSNBC's business reports. Maybe PW could educate those ignorant media organizations, take them to school PW.
Gore is seen by many as a laughable baffoon, but he is Brezhnev's illegitimate son, and quite possibly the most dangerous man on the planet today.
Gore being on a board means nothing. He knows nothing about investing, only how to raise money from his rich buddies, so that's why he is there, not for his investment knowledge.
Now they will be the chief trader of carbon credits, just like the carbon that spews out his mouth.
You are so innocent it's almost cute.
Scary though that your innocence about Al Gore (formerly Internet inventor) is based on his PR and not on reason or fact. Scary that Al Gore has created a mass hysteria and now padding his bank account as a result of his hard work.
He is so much smarter than people give him credit for.
Bill Bradley was so right at Gore, Clinton and the entire Democratic party.
The soul of the party has truly been lost. Come back Bill Bradley, the country needs you more than ever.
If global warming is such a life or death issue, then why doesn't Al give away all of his money to fight climate change instead of hoarding millions for himself while demanding that the rest of us change our lifestyles and be taxed to death to support his pet cause?>
ALL
Mr Gore seems to be following in the footsteps of his adopted Mentor, Mr. Geo. Soros. Investing in the equity market, with an association of Goldman et al.
The whole scheme, as is well known, is an apparent bid to control the worlds enviornmental wealth. What is not so well known is the OSI goals of Soros, et al are the same as Mr Gores environmental goals, and now his money goals.
Beware the ides of Global Warning
end
Yeah, but Al Gore can really, really scream. He can scream as loud as Howard Dean. Tell me you don't have new respect for him when you hear Al Gore really, really scream...
I can't believe that they would give to the biggest polluters these free points.