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Jun 22, 2019
06/19
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FBC
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how can you take a park that was dangerous like union square park and make it a place that people want to be? if how can you take a a place like madisonted to go and make it a place that is beautiful where people want to be? how can you take a street, 20th street in where nobody was, and now it's a great restaurant row with gramercy tavern and others? so if you look at restaurants as people collectors and place makers, that's really the approach we take. and every now and then you might just get one that captivates people so much that it makes their lives better. maria: you took shake shack public. what was behind that decision? it was a big deal when you first took it public, a lot of people wanted in on that deal. it did very well. why that company and you don't have any others that you decided to take public? >> well, the reason that we took shake shack public was that we needed growth capital at that very, very moment, and we looked at the various alternatives. at that point shake shack had had exactly one infusion of private equity, capital, and it was a $20 million -- i think it was about a $20 million investment. and the team r
how can you take a park that was dangerous like union square park and make it a place that people want to be? if how can you take a a place like madisonted to go and make it a place that is beautiful where people want to be? how can you take a street, 20th street in where nobody was, and now it's a great restaurant row with gramercy tavern and others? so if you look at restaurants as people collectors and place makers, that's really the approach we take. and every now and then you might just...
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Jun 5, 2019
06/19
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CNBC
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man better known for losing as well jeff bezos working to buy throw adjacent apartments off madison square park cover the top four floors and if you combine them, which he probably will, the apartment would total 17,000 square feet. it would be the most expensive deal ever in downtown manhattan. the main benefit is the outdoor space up at the top, it is actually hidden from public view with a brick wall. so he has a lot better privacy there than some of the new co o condos with the big windows. the wall street journal reporting that a townhouse owned by former hedge fund billionaire phil falcone sold for around $80 million. he bought the double wide townhouse for about $49 million in 2008 from bob guccione, who founded penthouse magazine falcone and his wife expanded the property to over 30,000 square feet. he added a bigger pool and movie theater below ground this would be the most expensive townhouse ever sold in manhattan, falcone made billions in 2007 and fell off the forbes list after getting into regulatory problems and making wrong bets with the funds. so far, the buyer of falcone's hous
man better known for losing as well jeff bezos working to buy throw adjacent apartments off madison square park cover the top four floors and if you combine them, which he probably will, the apartment would total 17,000 square feet. it would be the most expensive deal ever in downtown manhattan. the main benefit is the outdoor space up at the top, it is actually hidden from public view with a brick wall. so he has a lot better privacy there than some of the new co o condos with the big windows....
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Jun 10, 2019
06/19
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FBC
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with tom in 1994 opened gramercy cavern opportunity to open two restaurants on a desolate park madison square park nights when not so happy, we opened four places in here in field shake shack -- a lot of what we have done has been episodic once shake shack decided time to grow we didn't have a second shake shack for five years. then we became rather strategic about the whole thing. >> you are strategic in that not only do you own these restaurants under union square hospitality umbrella but you have equity fund takes stakes in compensates i want to ask you about you took shake shack public what was the decision behind taking shake shack public, starting to monetize, some of these great businesses within the overall business. >> i think whether you go public or take money from a private equity fund or a loan from bank one way or the other you are raising money shake shack decided at that point, that we really did want to ratchet up the escalation of the business, the scaling of the business. and we also wanted to create a currency so he we could reward employees been there a long time when shake sh
with tom in 1994 opened gramercy cavern opportunity to open two restaurants on a desolate park madison square park nights when not so happy, we opened four places in here in field shake shack -- a lot of what we have done has been episodic once shake shack decided time to grow we didn't have a second shake shack for five years. then we became rather strategic about the whole thing. >> you are strategic in that not only do you own these restaurants under union square hospitality umbrella...
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dagen: it's on madison square park. >> 212 fifth avenue. dagen: it's an older building.2 ford. >> are we talking about the bugatti. dagen: if someone hit your car, how would you react? >> tracy morgan was calm by comparison. he got a $90 million settlement from walmart. some of the shells and panels on the car alone are $250,000. even though it's a fender bender, it's not such when talking about the price tag of the damage. it's a huge dent in the value of the car. it's an unfort unfortunate circe for him. dagen: if you bought my car, my used porsche that i drive. >>, iwill fall up on the hood or car and it will damage it. i am very -- i weigh a lot more than people probably think. and i'm pretty stout. maria: you're not going to dent the car. you're not that heavy. dagen: i have fallen on the hood of cars before. if you bump me or threaten my dog i will fall on the hood of your car. it will scare you and you will never ever get in another fender bender. maria: hitting an american icon, ford motor caught in the middle as tensions between the u.s. and china intensify. tim
dagen: it's on madison square park. >> 212 fifth avenue. dagen: it's an older building.2 ford. >> are we talking about the bugatti. dagen: if someone hit your car, how would you react? >> tracy morgan was calm by comparison. he got a $90 million settlement from walmart. some of the shells and panels on the car alone are $250,000. even though it's a fender bender, it's not such when talking about the price tag of the damage. it's a huge dent in the value of the car. it's an...
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he dropped $80 million on a new fifth avenue condo right across the street from madison square park.? liz: 21%. this was originally going for about $74 million a year and a half ago, and he dropped it to $58 million. he used that discount to buy another apartment below it. it's 10,000 square feet. stuart: that is the most expensive -- liz: i'm speechless. stuart: there you go. hope you recover fast. liz: i'm speechless. stuart: the interview a lot of people are waiting for today on this program. the legendary baseball player and manager, pete rose. yes, he's on the show. he's with me live here in new york. he's on the set. can't wait. >>> we are talking also to the ceo of nucor, largest steel producer in america. he supports the president's tariffs. i wonder why. we will ask him. back then, we checked our zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... eyes today are stressed! but ocuvite has vital nutrients to help protect them. ocuvite. eye nutrition for today. that's gonna be a good one., ♪ (playing) did you kno
he dropped $80 million on a new fifth avenue condo right across the street from madison square park.? liz: 21%. this was originally going for about $74 million a year and a half ago, and he dropped it to $58 million. he used that discount to buy another apartment below it. it's 10,000 square feet. stuart: that is the most expensive -- liz: i'm speechless. stuart: there you go. hope you recover fast. liz: i'm speechless. stuart: the interview a lot of people are waiting for today on this...