It’s been more than three years since the Hearst Corporation has been looking for a tenant to fill the 14,000-plus-square-foot ground floor of its now not-so-new Lord Norman Foster–designed tower at Eighth Avenue and 57th Street.
Sources attribute much of the delay to the Hearst Corporation’s style of decision-making. Any retailer must be approved not only by the firm’s head of real estate, but also by its president and CFO. And then there’s the fact...
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