Macy's Inc.

Report: Goldman, KKR Prepare $24 B. Bid For Macy's

Women's Wear Daily is reporting this morning that Kohlberg Kravis Roberts and Goldman Sachs Group are preparing a $24 billion bid to buy the Macy's retail chain.

According to WWD, a bid was expected last weekend, and both parties want to finalize a deal in time for Macy's investors' meetings scheduled for July 23:  read more »

Events for March 1, 2007

8 a.m. Mayor Michael Bloomberg and CBS Evening News anchor Katie Couric kick off Women's History Month at Macy's Herald Square, 151 West 34th St and Broadway.

8:30 a.m. The Observer's Joe Conason talks about his book "It Can Happen Here: Authoritarian Peril in the Age of Bush" on C-SPAN.

8:30 a.m. Schools Chancellor Joel Klein discusses school reform at a Crain's New York Business breakfast forum at the Sheraton New York, 811 Seventh Ave.

8:45 a.m. City Council Speaker Christine Quinn will tour PS/MS 187/287 Hudson Cliffs to view a K-8 middle school model. She will also discuss the Council's Middle School Task Force, and will be releasing the names of members recently appointed to the group at 349 Cabrini Boulevard at Fort Washington.

10 a.m. State Senator Malcolm Smith holds a hearing on judicial diversity at Fordham University Law School's McNally Amphitheater, 140 West 62nd St.

10 a.m. State Senator Reverend Ruben Diaz will meet with Evangelical Ministers and Expectant Mother Care representatives to discuss the success of the Free Mobile Pro-Life Ultrasound Unit for pregnant Bronx women 910 East 172nd Street and Southern Boulevard.

10:15 a.m. Governor Eliot Spitzer holds a news conference with legislative leaders to announce a major criminal justice initiative in Albany.

11 a.m. Brooklyn borough president announces the fourth annual "Dine in Brooklyn" Restaurant Week at Borough Hall in Brooklyn.

Noon. Al Sharpton will have an exclusive interview with Nation of Islam leader Min. Louis Farrakhan on the Al Sharpton Show. (Live on Sharptontalk.net.)

Noon. Jewish groups and supporters will hold a prayer vigil to protest Iranian policy toward Israel outside the Iranian Mission to the U.N., 40th Street and Third Avenue.

6 p.m. The Queens Library hosts a reception for legislators at Cafe on the Green in Bayside.

6:15 p.m. A discussion with Iraqi Ambassador to the U.N. Dr. Hamid Al Bayati will be held at the Woolworth Building, 15 Barclay St.

6:30 p.m. Assemblyman Jim Brennan hosts a town hall about service at the Kensington Post Office, 3002 Ft. Hamilton Parkway.

7:30 p.m. The Log Cabin Republicans of New York will have a "Coming Out!" party at Bamboo 52, 344 W 52nd Street.

-- Gillian Reagan

Q&A with Project Runway's Tim Gunn and Daniel Vosovic

On Saturday at Macy's, Amy Odell sat down with Project Runway season two runner-up Daniel Vosovic and Parsons fashion department chair Tim Gunn to talk reality shows, spring looks, and what everyone really thought of Project Runway winner Chloe Dao's collection. In tomorrow's paper: her report from the first day of the season three auditions. Tim Gunn's voice is big. It booms and fills the room in a warm kind of way. He talks with his hands; he wore his signature black pinstripe suit and a black turtle-neck. When it comes to criticizing fashion in any way, he immediately adopts his "Project Runway" hyper-critical expression.

Observer: One girl, a model for someone else, said she went to Parsons and you were kind of a celebrity at the school.

Tim: Ha, ha, ha, ha! Well it's funny the students infrequently talk about the show. I don 't know whether they think it's not cool to engage me in a conversation about it. But what is funny are phrases like "make it work." I mean it 's a Parsons term--it's a phrase I used at Parsons for years and now that it's kind of branded on the show, when I use it at Parsons people laugh. It's like, "No, no, no, no, no. It was born here, it's mean to be here!"

Observer: You must get "Make it work!" on the street all the time.  read more »

Tim: They usually shout that from cars. Ha, ha, ha, ha!

Emotionally Withdrawn From My Wedding Presents

erica candlesticks
ERICA: I've completely lost interest in our wedding registry. I'm so disinterested, in fact, I don't even have it saved anymore under my "favorites" on my browser.

It makes no sense to me at all, since shopping is truly one of my favorite sporting events. And to make a list of all the stuff I want with a virtual guarantee that people are going to buy it for me, well, this is the stuff that dreams are made of. And yet somehow I still don't really care.

To make matters worse, my soon to be sister-in-law just called to tell me that we have several things on our registry that have been discontinued or are "not available for purchase online anymore." WTF!? How can something NOT be available for purchase online. What does that mean, exactly?

Think about it for a moment: you can buy live bumblebees online; you can even buy a suit of armor online for christ's sake. So how on earth has Macy's determined that our Black Krups Waffle Maker or Calvin Klein quilted feather pillows can no longer be purchased online?

And yes, I know I have a bad attitude and don't really have a right to be whining over our friends and family showering us with gifts. I'm sorry. Really I am. I think my problem stems from the fact that I've yet to see even one our many, shiny, new, generously given gifts. They are all being sent to Greg's parents' house (hello? 746 sq. ft. NYC apt...where do you want me to keep this stuff?) so I just feel a bit disconnected. Maybe we should take a field trip out to New Jersey this weekend and roll around with our new candlesticks and jump up and down on bubbly wrap while spinning a salad.

Perhaps that will send me back into the realm of registry nirvana.  read more »

Move to Landmark in Chelsea

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Last night Community Board 4 recommended that the Landmarks Preservaton Commission designate 127 Seventh Avenue as a landmark. The four-story red-brick building, which has a poorly known historical record, was thought to be a stable at one time for Macy's, when the store located on 14th Avenue in the latter part of the 19th century, and later the mission school of the Presbyterian Church.

Currently vacant, there have been rumors circulating that its demolition is imminent, with a new, large residential building slated to go up in its stead (naturally). In recommending that the building be granted landmark status, the board said the 1846 building has "exceptional architectural and historic significance," such as its facade that's divided into three "strongly expressed" piers and two recessed three-story bays topped by segmented arches. Back when it served as a stable for Macy's, stores throughout the Ladies' Mile district had their own stables to deliver goods throughout the city.  read more »

-Matthew Grace

Introducing Aimee...

aimee agresti photo
AIMEE: My phone rings as I'm on the way to the subway for work, running late of course, always, always running late. "Not to stress you out...," my bridesmaid Jennie launches in on the other end. I know it's bad if she's using that sort of ominous construction. She's planning a wedding too. We've been pals since second grade and we're getting married a month apart, what are the odds? So she understands the importance of not freaking out the bride. She's doing her best hostage negotiator/ talk-the-crazy-person-down-from-the-ledge impersonation. "Not to stress you out...but I haven't gotten my dress yet and I thought I'd better tell you. When did you say some of the other girls got theirs?"  read more »

U.S. Open Preview: Manhattan Melts for Andy Roddick

"Andy, here!" … "Andy, look right, please!" came the screams from a dozen or so photographers snap  read more »

Eight Day Week

Wednesday 31st Take out your boob (the one you married) and lug him to Battery Park to watch Janet  read more »

What's That Ringing? Also, J. Lo Gets Down

Angelenos like to get all creative and ostentatious with their cell-phone rings.  read more »

'Grey Flannel Gal' Tells All-Flying High on Madison

A Big Life (in Advertising) , by Mary Wells Lawrence. Alfred A.  read more »

'Grey Flannel Gal' Tells All-Flying High on Madison Avenue

A Big Life (in Advertising) , by Mary Wells Lawrence. Alfred A. Knopf, 307 pages, $26.  read more »

Learning to Love Lilly Daché and Tales of the Easter Parade

You're dynamic, groovy and urbane–sickeningly so, in fact.  read more »

Senatorial Aptitude Test

Dear students of New York City:Once again, we've come to the end of another century.  read more »

Senatorial Aptitude Test

Dear students of New York City:Once again, we've come to the end of another century.  read more »

Buying Into What White New York Suspects Them of Being, Anyway

On the Outside Looking In , by Cristina Rathbone. Atlantic Monthly Press, 387 pages, $26.  read more »

Suckcess on the Net For Power Dropouts

Gene Rohrer and his wife found themselves in the typical grind.  read more »

How Macy's made New York 1 go hungry.

When it comes to joint ventures, the Walt Disney Company has not proven very adept.  read more »