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Brock Is No Stranger to Political Rumbles Involving Clintons (NYT)



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Brock Is No Stranger to Political Rumbles Involving Clintons (NYT)


By Amy Chozick

February 10, 2015



The New York Times
“As rough and tumble as they get.”

That’s how one old friend of Bill and Hillary Clinton described David Brock when he arrived in Arkansas in early 1993 to dig up dirt on President Clinton.

Back then, Mr. Brock was a star reporter for The American Spectator, the conservative magazine. Today, he is a liberal devoted to getting Hillary Rodham Clinton elected president. But he’s still rough and tumble.

On Monday, Mr. Brock accused a pro-Clinton “super PAC,” Priorities USA Action, of “spreading derogatory material” about his organizations, Media Matters and American Bridge, to The New York Times.

He knows a thing or two about how to generate a controversial press report. Mr. Brock’s story accusing Arkansas state troopers of setting up sexual liaisons for Mr. Clinton led to Paula Jones’s 1994 sexual harassment lawsuit against him.

Mr. Brock later converted to the left, and his 2002 memoir, “Blinded by the Right: The Conscience of an Ex-Conservative,” became one of Mr. Clinton’s favorite reads. (He keeps copies in a dresser at his home in Chappaqua, N.Y., and gives them out to visitors.)

In turn, Mr. Brock has become one of the Clintons’ most loyal political soldiers, though he is sometimes accused of applying the attack-dog tactics he used as a conservative on behalf of the other side of the political spectrum.

Hillary Clinton Seeking Office Space in Brooklyn or Queens (Time)


By Sam Frizell

February 10, 2015



Time Magazine

Hillary Clinton’s staff are working with global real estate broker CB Richard Ellis to find a headquarters for her likely 2016 presidential campaign, TIME has learned from several sources familiar with the matter.

Her campaign headquarters would likely be located in Brooklyn or Queens, where commercial rents are significantly cheaper than in Manhattan. It’s unclear whether, or how soon Clinton will settle on a headquarters.

The Los-Angeles-based brokerage CBRE has worked with the Clintons in the past. Roshan Shah, a broker and senior vice president at CBRE, helped the William J. Clinton Foundation negotiate the move out of its Harlem offices. CBRE declined to comment.

There aren’t many options for large, contiguous office spaces in downtown Brooklyn and Queens, where a high demand for commercial leases has raised prices in recent years. The current average annual rent price per square foot of office space in Brooklyn is around $40-$45. Prices in a 2013 report indicated averages around $35 per square foot in Brooklyn compared with around $60 in Manhattan.

Clinton’s staff privately toured office space at MetroTech last year, a large office complex in downtown Brooklyn, and have also looked at the One Pierrepont Plaza building in Brooklyn Heights. The Pierrepont building is home to over 120,000 square feet of available office space.

Both spaces are owned by Forest City Ratner, whose chairman Bruce Ratner is a Democrat and an ally of New York City mayor Bill de Blasio. De Blasio served on Clinton’s 1999 campaign for Senator in New York.

In 2011 and 2012, the Obama campaign leased 50,000 square feet of office space in the Prudential Building in Chicago, which is now available for $20 to $27 per square foot but was cheaper four years ago, according to the current property managers.

Clinton has been courted by Westchester notables in an effort to attract the presumptive presidential candidates 2016 campaign to the New York City suburb. 

Hillary Clinton’s Brooklyn options are limited (Capital New York)


By Dana Rubenstein

February 11, 2015



Capital New York
In recent days, people who pay close attention to the undeclared presidential campaign of Hillary Clinton have been wondering about her real estate plans, which could, reportedly, involve setting up shop in Brooklyn or Queens.
“A base in gentrifying Brooklyn or Queens could help give Clinton’s campaign a youthful feel, and would likely be a relief for Democratic operatives dreading a relocation to the suburb, or a daily commute from New York City,” explained MSNBC.
In the ensuing days, two pertinent details leaked out.
First, the Daily News reported that Clinton’s team, which is believed to include brokers from CBRE, checked out One Pierrepont Plaza and MetroTech, both owned by Forest City Ratner. Bruce Ratner, the company’s executive chairman, is a big Democratic donor.
Then, the News reported that Clinton was seeking 100,000 square feet of office space. That’s a quite a lot.
For comparison, 100,000 square feet is twice the amount Barack Obama’s campaign occupied in 2012. It’s also roughly twice the space Clinton’s campaign occupied in 2008.
It would be hard enough for Brooklyn and Queens to accommodate a 50,000-square-foot tenant. A 100,000-square-foot requirement would further narrow Clinton’s options in two boroughs that have, for decades, sent commuters to offices in Manhattan, rather than developing office space themselves.
Brooklyn is “a borough of churches and houses,” said Chris Havens, the vice president of commercial real estate at the Brooklyn-based aptsandlofts.com.
“I’m skeptical,” he said. “This is a very tight market. There’s a lot of space available in Manhattan.”
Roy Chipkin, a Queens commercial real estate broker at CBRE, described the Queens market as “very thin,” because “nothing’s been built in 100 years,” and most of what has been built is residential.
Given the slim pickings, what are Clinton’s realistic options, should she indeed decide to headquarter in the outer boroughs instead of Manhattan?
The contours of her former presidential endeavor may provide some guidance.
The last time Clinton ran for president, in 2008, she ran her campaign from a drab office building at 4420 North Fairfax Drive in Arlington, VA. It had roughly 50,000 square feet, five floors, an elevator.
According to former staffers, the space was aggressively utilitarian. (Before Clinton, the Immigration and Naturalization Service ran a detention center there.)
It was also quite spacious.
There was a floor devoted to ping pong and debate prep. Mold flourished on a war-room wall.
The headquarters were close to the Metro line, and 20 minutes from D.C. by car. There was ready access to mid-market food options, like Cosi, not to mention a hamburger joint called Big Buns.
It’s not clear how much Clinton paid per square foot in Arlington, but commercial real estate database CoStar indicates that asking rents at her old headquarters are now $36 per square foot.
Clinton’s office didn’t respond to any questions about the real estate requirements of her campaign-to-be.
Interviews with several real estate experts in both boroughs suggested a few potential options.
If Clinton wants to cultivate a pioneering vibe, she could venture out to Industry City, the creative-industry beehive on the Sunset Park waterfront.
Michael Phillips, president of Jamestown Properties, which owns part of the complex, said it could accommodate a new, 100,000-square-foot tenant.
To get there, staffers could take the N or D trains one stop past Atlantic Avenue. Or drive. There are some good food options on site, but not that many of them. It would offer her space and some distance from the ravenous media crowd.
“That’s definitely a place where they’d be able to find chunks of space and have a lot more flexibility,” said Ofer Cohen, president of TerraCRG, a Brooklyn-based commercial real estate brokerage.
Cohen also said, “The cost would be significantly, significantly less [than other parts of Brooklyn], in the 20 dollar per-square-foot range.”
There isn’t much of anything available in North Brooklyn. The Walentas family’s DUMBO properties are not believed to have the necessary space.
“DUMBO Heights,” the old Jehovah’s Witnesses complex now partly controlled by Jared Kushner, has some room. But it’s thought to be on the pricey side, with asking rents in the $50s per square foot, according to Cohen.
Nor is it clear that the complex, which Kushner is renovating, is imminently available.
“From what I understand, the building’s not really open for occupancy yet,” said Tucker Reed, president of the Downtown Brooklyn Partnership. “They’re a year or two away, so the timeline might not match up.”
Kushner wouldn’t comment for this story.
Finally, and most obviously, there’s Downtown Brooklyn proper, a neighborhood where high demand and a paucity of office space have created a very low vacancy rate.
Sources say that Forest City could make about 170,000 square feet available at One Pierrepont Plaza, the building the Daily News said Clinton’s people had visited.
But some wonder whether the asking rent—which sources say is at least in the $40s per square foot—is too high.
From a symbolism standpoint, Brooklyn isn’t necessarily all upside either.
“Brooklyn has the advantage and the disadvantage of having cache,” said Seth Pinsky, a real estate executive and the former president of New York City’s Economic Development Corporation. “The advantage is that you can attract a lot of young, talented people and it links you to a new, very highly desirable urbanism. At the same time, there are also a lot of stereotypes—good and bad—that come with both of those and it’s unclear whether she wants to be associated with those as she’s campaigning for president.”
Queens, which is often cheaper than downtown Brooklyn, appears to offer Clinton more options.
“If she’s looking for something that’s funkier and that’s close to Manhattan, then certainly a place like Long Island City would be the most logical place,” said Pinsky.
Last week, at Capital’s request, Evan Daniel, the executive vice president of the ModernSpaces real estate group, sent Capital a list of properties 50,000 square feet and greater in the western Queens submarket.
There’s a 1930s-era Astoria factory on 36th Street down the street from the Museum of the Moving Image called “Offices at the Square.” Sixty-three thousand square feet are available there, it’s close to the M, R, N and Q trains and there’s a beer garden downstairs
There’s hundreds of thousands of square feet available at the Factory, on 47th Avenue in Long Island City, according to the report. The nearby Falchi Building could also accommodate a 100,000-square-foot tenant.
There’s 90,000 square feet at an old industrial building on Austell Place, and more than 100,000 square feet at 30-30 Northern Boulevard and One MetLife Plaza. There’s nearly that much at 3430 Steinway Street.
There’s also Queens Boulevard in Kew Gardens, home to borough hall and the Queens district attorney’s office, though that market’s not believed to have to have enough space.
And, should she more inclined to maintain her distance from Midtown, there’s Jamaica.
It’s accessible by subway and Long Island Rail Road, but not too accessible. It’s also close to the airport and some of her donors on Long Island. It’s pre-trendy.
“If she wanted to show she was more a ‘woman of the people’, then a place like Jamaica, with a feel similar to where her husband is in Harlem, would send an interesting signal and it’s certainly transit accessible as well,” said Pinsky.
(It’s not clear that there’s supply there either, though. Justin Rodgers, managing director of real estate and economic development at the Greater Jamaica Development Corporation said he couldn’t think of anything off the top of his head.)
Certainly, Queens leaders would love to have her.
“Queens is the gateway to the city, the nation and the world, with its unparalleled transportation connections including bridges, tunnels, rail and airports, and has a population to match,” said Elizabeth Lusskin president of the Long Island City Partnership. “While space is tight, I’m sure Queens would find room for any national candidate wise enough to chose the World’s Borough for her home base.”


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