Though the Port Authority of New York and New Jersey would like you to think it’s been smooth sailing finding tenants for One World Trade Center, their spending habits say otherwise. As Crain’s reported, more than a year after Condé Nast made the big move from 4 Times Square to One World Trade, the agency is still dropping $3 million a month to pay for the old lease. This deal came about in 2011 when the Port Authority offered the incentive to entice the media company to relocate amid floundering activity at the downtown tower. In 2015 alone, they spent $47.6 million, and the payments are expected to continue into 2019 (when the lease ends) unless building owner the Durst Organization can find a new tenant.
4 times square
, Tue, April 12, 2016
Daily Link Fix: London’s Only Indoor Skate Park Inside Empty Tunnels; QR Codes Help Seniors Find Their Way Home, Thu, August 21, 2014
- See Who Else Is Listening To The Song You’re Playing – Right Now: Spotify’s new feature Serendipity shows an interactive map of who else is listening to the exact same song you’re listening to right now. Guess you can’t say you have a unique taste in music anymore. Learn more on The Verge.
- Control The Lights of Two Skyscrapers From Your Phone: So your smartphone can basically do anything. New York Daily News reports that with a mobile app you can control the spire lights of two midtown skyscrapers: 1 Bryant Park and 4 Times Square.
- QR Coded Pins Given to Chinese Senior Citizens to Help Them Find Their Way Home: More proof that your smartphone is way too smart. Pins with QR codes filled with personal information like home address, emergency contact and such were given to local elderly residents in China’s Anhui Province to help them find their way home if they get lost. Springwise has the details of this innovative campaign.
- From Empty Tunnel to Awesome Skate Park: Footwear brand, Vans, took over the empty Old Vic tunnels at London Waterloo and turned them into the House of Vans, a super rad skate park and arts venue. Creative Review features the only indoor park in London and its future plans for concerts, art exhibits, film screenings and more.
Images: House of Vans courtesy of Creative Reivew (left); QR badges for Chinese seniors courtesy of Springwise (right)