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
8:30 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 ReaganQ&A with Project Runway's Tim Gunn and Daniel Vosovic
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
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

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








