Rockefeller Center - Revision history

Absentminded at 00:31, 8 June 2013

2013-06-08T00:31:14Z

Pacman at 04:59, 2 June 2013

2013-06-02T04:59:44Z

Absentminded at 04:15, 2 June 2013

2013-06-02T04:15:38Z

Reaganaut at 14:08, 22 November 2012

2012-11-22T14:08:43Z

Reaganaut at 07:49, 22 November 2012

2012-11-22T07:49:41Z

69.121.14.195: /* Columbia connection */

2008-10-04T22:59:06Z

‎Columbia connection

Absentminded at 20:58, 5 March 2008

2008-03-05T20:58:49Z

Absentminded at 20:58, 5 March 2008

2008-03-05T20:58:19Z

Absentminded: Redirecting to Upper Estate

2008-03-03T06:55:42Z

Redirecting to Upper Estate

Absentminded at 04:21, 17 December 2007

2007-12-17T04:21:49Z

← Older revision		Revision as of 00:31, 8 June 2013
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		+	{{wp-also}}
		+
	'''Rockefeller Center''' was built on land owned by Columbia known as the [[Upper Estate]].		'''Rockefeller Center''' was built on land owned by Columbia known as the [[Upper Estate]].

@@ Line 3: / Line 3: @@
 NBC is here, as is a tiny but famous skating rink. You may have seen it on TV? Read about it in ''Catcher in the Rye''?
-Stay away! It's filled with endless lines of tourists hoping (futilely) to get into a taping of ''Conan''.
+Stay away! It's filled with endless lines of tourists hoping (futilely) to get on ''The Today Show'' or something.
 Ayn Rand fans should watch out for the statue of Atlas on Fifth Avenue, directly opposite St. Patrick's Cathedral.
@@ Line 14: / Line 14: @@
 It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3-15 million in rent that Rockefeller Center generated yearly.
-In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.
+In an interesting twist, [[Jerry Speyer]], a Columbia alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.
 [[Category:Midtown]]
 [[Category:Skyscrapers]]
 [[Category:Endowment]]

@@ Line 5: / Line 5: @@
 Stay away! It's filled with endless lines of tourists hoping (futilely) to get into a taping of ''Conan''.
-Ayn Rand fans should watch out for the statue of Atlas, on the west side of Broadway just north of the main approach to the [[GE Building]].
+Ayn Rand fans should watch out for the statue of Atlas on Fifth Avenue, directly opposite St. Patrick's Cathedral.
 ==Columbia connection==
@@ Line 12: / Line 12: @@
 Columbia did, however, own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold to the Rockefellers, which provided seed funding for Columbia's endowment.
-It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3 million in rent that Rockefeller Center generated yearly.
+It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3-15 million in rent that Rockefeller Center generated yearly.
 In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.

← Older revision		Revision as of 14:08, 22 November 2012
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	[[Category:Midtown]]		[[Category:Midtown]]
	[[Category:Skyscrapers]]		[[Category:Skyscrapers]]
		+	[[Category:Endowment]]

← Older revision		Revision as of 07:49, 22 November 2012
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	In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.		In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.

−	[[Category:~~New York City~~]]	+	[[Category:Midtown]]
		+	[[Category:Skyscrapers]]

@@ Line 8: / Line 8: @@
 ==Columbia connection==
-Contrary to rumors that suggest otherwise, Rockefeller Center was not built atop what was Columbia's second campus. Columbia's campus from the 1830s to the 1890s was indeed located in [[Midtown]], but it was further east, near [[Madison Avenue]].
+Contrary to rumors that suggest otherwise, Rockefeller Center was not built atop what was Columbia's [[Midtown campus]]. Columbia's campus from the 1857 to the 1897 was indeed located in [[Midtown]], but it was two blocks to the east, between [[Madison Avenue|Madison]] and [[Park Avenue|Park Avenues]].
-Columbia, however, did own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold to the Rockefellers, which provided seed funding for Columbia's endowment.
+Columbia did, however, own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold to the Rockefellers, which provided seed funding for Columbia's endowment.
 It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3 million in rent that Rockefeller Center generated yearly.

← Older revision		Revision as of 20:58, 5 March 2008
Line 15:		Line 15:

	In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.		In an interesting twist, Jerry Speyer, a Columbia Alum and former [[Trustee]] now owns Rockefeller Center through his company Tishman-Speyer.
		+
		+	[[Category:New York City]]

← Older revision		Revision as of 06:55, 3 March 2008
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−	~~NBC is here, as is a tiny but famous skating rink. You may have seen it on TV? Read about it in ''Catcher in the Rye''?~~	+	#REDIRECT [[Upper Estate]]
−
−	~~Stay away! It's filled with endless lines of tourists hoping (futilely) to get into a taping of ''Conan''.~~
−
−	~~Ayn Rand fans should watch out for the statue of Atlas, on the west side of Broadway just north of the main approach to the~~ [[~~GE Building]].~~
−
−	~~==Columbia connection==~~
−
−	Legend states that Rockefeller Center was built atop what was Columbia's second campus. This is only partially correct. Columbia's campus from the 1830s to the 1890s was indeed located in [[Midtown]], but it was further east, near [[Madison Avenue]].
−
−	Columbia, however, did own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold to the Rockefellers, which provided seed funding for Columbia's endowment.
−
−	It is generally acknowledged that [[Michael Sovern\|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3 million in rent that Rockefeller Center generated yearly.
−
−	~~[[Category:New York City~~]]

@@ Line 9: / Line 9: @@
 Legend states that Rockefeller Center was built atop what was Columbia's second campus. This is only partially correct. Columbia's campus from the 1830s to the 1890s was indeed located in [[Midtown]], but it was further east, near [[Madison Avenue]].
-Columbia, however, did own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold back to the Rockefellers, which provided seed funding for Columbia's endowment.
+Columbia, however, did own the land on which Rockefeller Center was developed, and continued to reap rents from it well into the 1980s, when it was sold to the Rockefellers, which provided seed funding for Columbia's endowment.
-It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in the 1980s. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3 million in rent that Rockefeller Center generated yearly.
+It is generally acknowledged that [[Michael Sovern|President Sovern]] made a good decision to sell Rockefeller Center for $400 million in February [[1985]]. The volatile real-estate market for the next decade swung the value of the property to as low as $75 million, and it would not reach $400 million again until the late 1990s. In the meantime, with cash proceeds coming from the sale, Columbia's endowment portfolio grew at a compound annual growth rate (CAGR) of 17%. Compare that with the approximately $3 million in rent that Rockefeller Center generated yearly.
 [[Category:New York City]]