Tuesday, June 29, 2010

Rachel Zoe to launch clothing label

These days’ celebrities are largely eyeing fashion designing as a possible future career. Stylist, who made these celebrities look so gorgeous, are also considering fashion designing as a future prospectus.

It was only a matter of time for Rachel Zoe to follow suit with this new found career love in celebrities. Rachel Zoe has struck a deal with the LF USA (acronym for Lakme Fashion) to launch the Rachel Zoe collection. The collection includes contemporary clothing, accessories and shoes. The Rachel Zoe compilation is set to commence international in the autumn of 2010.

When asked about this new found career option, Rachel Zoe said that “subconsciously or consciously this was my dream career”. “This could also be my final goal in life” she added. However, there are no concepts or rough designs made yet. Rachel is still in the stage of hiring designers.

Rachel Zoe is concentrating more on the broader audience as a market. Her trademark pieces include leather jackets, trousers and faux furs. Rachel Zoe signed of by saying that her fans will soon and definitely spot her in her works of art.

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Previous Post: Times of charity through Clothing

Times of charity through Clothing

With war, terrorist attacks and natural calamities baring their deadly and depriving face in various parts of the world, any charity from any institution is always invited and looked upon as an honourable and most noble act.

And so does the Rummage Sale and store Mission of Lutheran Sale holds its own prestige amongst the inhabitants of the town. The Store has often come to helping people in desperate situations whether through food or through supplies or through clothing.

They carry on this rummage sale through the old bakery building that they had bought a few years ago. The Valley Baking Company building stands next door to the church and church after acquiring it a few years back has turned it into a permanent place to store their supplies and conduct the rummage sale through this place.


The congregation offers second hand merchandise like food, clothing and household supplies at a very low cost in order to help those who are in need.

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In the past as well, the congregation at the Lutheran Church has one day rummage sales. Only that before acquisition of the bakery, the staff had to look for premises every time they held a sale and also to warehouse the unsold items. But after the acquisition of the Valley Baking Company, its three big rooms are available for storage as well as conducting the sale.


The staff at Lutheran Church enjoys selling and working at the Rummage sale as it is in devotion and service to God Almighty that they hold this.



Previous Post:Park Avenue Building Sold for $8.7 million

Wednesday, May 19, 2010

Park Avenue Building Sold for $8.7 million

407 Park Ave the retail building which was leased to Stefano Ricci, a high end and chic men's clothing store, has been sold for $8.7 million. The expensive building was sold out for $2,023 per square foot.

The building was sold to Land Finance Corporation, Adelaide Polsinelli, associate vice president investments and Steve Siegel, vice president investments represented the seller
in the Manhattan office. Glen Kunofsky, senior vice president investments, and James Ventura, retail investment specialist, represented the buyer, Land Finance Corporation.

Even at times when the market is facing tough times the building was sold out at an exceptionally high price. The sellers were quite happy about this fact. The building was earlier leased out to tenants at very low prices on long term basis leased on a long-term basis to a strong tenant at below-market rents, with annual rent increases in place. In addition, the site includes 29,450 square feet of additional air rights.

Since long time buildings located between 54th and 55th streets on Park Avenue were rumored to be redeveloped by one of New York's famous developers. The high demand among real estate developers and its prime location also helped 407 Park Avenue building fetch good PSF rates.

This deal shows the high demand of leased out property and willingness to pay great money of developers. The domestic and international property buyers are constantly looking out of locations which are accessible and have good growth prospects.



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