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On Wednesday, we wrote about a Real Estate Weekly report about how plans to relocate Fashion Week to the Port Authority were on hold because of issues over whether the bus terminal could accommodate additional traffic.

According to the New York City Economic Development Corporation, the Port Authority is one of many possible locations under consideration, but a deal to move the bi-weekly fashion shows to the grungy midtown bus terminal is nowhere near being finalized.

"Fashion Week is a vital asset to New York City and we are working expeditiously with IMG and the fashion industry to find a suitable new home,” said Patrick Murphy, the head of fashion/retail industry growth initiatives at the NYEDC. “The reports of an imminent or scuttled deal to move to the Port Authority Bus Terminal were erroneous.”  read more »

Last week it seemed like the prolonged standoff between the Bryant Park Corporation and the company that manages Fashion Week, IMG, might finally be resolved when the Port Authority announced that the biannual event was slated to move to the Manhattan bus terminal in 2010.

Now Fashion Week’s future is once again up in the air, and, contrary to what you might think, the problem is not the venue itself—anyone who has picked up a copy of Vogue is surely familiar with the industry’s penchant for photographing leggy, designer-clad models in gritty environments, and what’s grungier than the Port Authority?

Real Estate Weekly reports that Port Authority officials realized that the southern portion of the bus terminal does not have enough elevators and escalators to ferry the 2,000-plus peanut gallery to the rooftop parking lot where the shows would take place.  read more »