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Thread: 4 Times Square a.k.a. Conde Nast Building - 42nd Street & Broadway - by Fox & Fowle

  1. #301
    Forum Veteran krulltime's Avatar
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    Quote Originally Posted by salty
    It was ann. last Friday that the Durst Corporation have purchased the 270 square foot video LED off Lumacom. Lumacom were no longer able to afford to continue to pay the licence fee to Durst while not having a paying advertiser on the sign.
    The question remains - why couldn't Lumacom find a paying advertiser for the sign?

    If they do, just imagine the LED sign that will be facing the BOA tower. That one won't do so well in the end.

  2. #302
    Disgruntled Optimist lofter1's Avatar
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    Funny you should mention that ...

    An article in last week's NY times (March 24, 2006) stated that Durst's Debt Clock will soon be unable to accurately track the debt as the current clock has insufficient space to display the debt numbers once it crosses the line into the TEN TRILLION area (a line which will soon be reached).

    Article here (but only via TimesSelect):

    We Will Bury You, in Debt

    By CLYDE HABERMAN
    NY Times
    March 24, 2006

    http://select.nytimes.com/gst/tsc.ht...Q5DxMQ5BDQ3CuP

    The nonstop message is: Be afraid, be very afraid. Not much has changed since the cold war...

  3. #303

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    Quote Originally Posted by salty
    The question remains - why couldn't Lumacom find a paying advertiser for the sign?
    I may have stated it somewhere in this thread, but my impression with the sign is that there is more bang-for-the-buck impact for an advertiser at Times Square closer to the ground.

    Whenever I saw it, I thought more Conde Naste than Disney.

  4. #304
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    Quote Originally Posted by Kris

    Workers in the offices of The New Yorker in the Condé Nast Building have enjoyed their view east, but won't for much longer; a 54-story tower is rising next door.
    If hoodies are considered appropriate attire for that guy's job, please do sign me up.

  5. #305

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    Maybe he's the Poland Spring guy.

  6. #306
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    Quote Originally Posted by salty
    It was ann. last Friday that the Durst Corporation have purchased the 270 square foot video LED off Lumacom. Lumacom were no longer able to afford to continue to pay the licence fee to Durst while not having a paying advertiser on the sign.
    The question remains - why couldn't Lumacom find a paying advertiser for the sign?
    I have no doubt that Durst was preventing advertisers, he has enough power and is in a good enough position to have so much influence on other companies. Probably made them all some other deal if they held off and waited for him to take control of the sign.

  7. #307
    Disgruntled Optimist lofter1's Avatar
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    The east-facing screen will now face directly onto the west-facing upper floors of the B/A tower ...

    Perhaps B/A can use the screen for motivational purposes.

    Any suggestions?

  8. #308

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    Quote Originally Posted by lofter1
    The east-facing screen will now face directly onto the west-facing upper floors of the B/A tower ...

    Perhaps B/A can use the screen for motivational purposes.

    Any suggestions?
    Yeah, like "If youse guys don't shape up, we'll turn on The Sign."

    ("No, not the sign!!!")

  9. #309
    Disgruntled Optimist lofter1's Avatar
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    Quote Originally Posted by lofter1
    Funny you should mention that ...

    An article in last week's NY times (March 24, 2006) stated that Durst's Debt Clock will soon be unable to accurately track the debt ...

    NYTimes
    The national debt clock will break under Dear Leader

    Pam's House Blend
    March 29, 2006


    Mon Mar 27, 8:58 AM ET. (AFP/File/Stan Honda)

    The national debt clock in New York, shows the total US government debt (top) and the calculated amount per family. The clock does not have enough digits to show the debt when it reaches the ten trillion dollar mark, which is expected in the next couple of years.




    Debt clock pic taken around 4:30 PM on Thursday, June 30, 2005 -- when Kate and I were last in NYC.

    By the way, Kate and I will be up in NY next week (Wed-Sun).

  10. #310

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    Disgusting. To think we had no national Debt under Clinton. How very long ago that seems...

  11. #311

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    We had a national debt during Clinton's administration. What we didn't have was budget deficits. Note the flat part of the graph.


  12. #312

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    Well the point is that once foreign countries, especially China, request payment, we are in BIG BIG Trouble.

  13. #313

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    This was discussed somewhere in News & Politics. While the situation is not good, China (or any country) would not demand payment or dump the bonds, because it would hurt them as much as us. The only chance of this happening is in some sort of out of control foreign policy scenario, similar to a US-USSR nuclear standoff.

    Former Treasury Secretary Larry Summers called it the balance of mutual terror.

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  15. #315
    Disgruntled Optimist lofter1's Avatar
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    Quote Originally Posted by Stern
    Well the point is that once foreign countries, especially China, request payment, we are in BIG BIG Trouble.
    hmmmm ...




    4.21.2006: http://www.denverpost.com/search/ci_3732351

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