Barry Bonds

It turns out that Barry Diller's new $138 million West Chelsea headquarters will be partly funded by the city's Liberty Bonds, which were created to help the city recover from September 11. Diller's InterActiveCorp won approval for $80 million of bonds, aided by promises of job generation. The 30 year-bonds have lower interest rates than banks, saving millions in interest payments and other taxes. This does not surprise us, as, of course, the man behind the Movie of the Week would be smart enough to save some money on his new headquarters.

More about Barry.

Email This Entry


Post a comment (Comment Policy)

Tips

Get your daily dose of New York first thing in the morning from our weekday newsletter, now in beta.

About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung
Publisher: Jake Dobkin

Newsmap

newsmap.jpg

Contribute

Latest Tip:

not exactly NY news, but it's one more reason to hate hamas terrorists and the fascists in their mid
[more]

Latest Photo:

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Gothamist.

All Our RSS

Follow us