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		<title>New leases signed at NYC downtown and DUMBO, reflecting uptick</title>
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		<pubDate>Sun, 07 Dec 2025 22:36:55 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Downtown]]></category>
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					<description><![CDATA[<p>Reflecting Downtown’s recent leasing uptick, two relocations totaled over 92,000 square feet at Jack Resnick &#38; Sons’ 199 Water St., aka One Seaport Plaza. Fintech Arch Inc. and law firm Cohen Millstein, Sellers &#38; Toll have signed leases at 199 Water St. Fintech firm Arch Inc., took 73,581 square feet, moving from 111 East 18th [&#8230;]</p>
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										<content:encoded><![CDATA[<p>Reflecting Downtown’s recent leasing uptick, two relocations totaled over 92,000 square feet at Jack Resnick &amp; Sons’ 199 Water St., aka One Seaport Plaza.</p>
<p>Fintech Arch Inc. and law firm Cohen Millstein, Sellers &amp; Toll have signed leases at 199 Water St. </p>
<p>Fintech firm Arch Inc., took 73,581 square feet, moving from 111 East 18th St. in Midtown South in January. Law firm Cohen Milstein Sellers &amp; Toll signed for 18,457 square feet, moving from 88 Pine St. in the second quarter of 2026.</p>
<p>The year’s largest lease in DUMBO is a long-term renewal on 50,000 square feet by Bjarke Ingels Group (BIG) at Two Trees Management’s landmarked 45 Main St.</p>
<p>Main Street in DUMBO Brooklyn.</p>
<p>As we first reported, the cutting-edge architectural firm is designing the new apartment building for Charney Companies and Tavros at 175 Third St. in Gowanus.</p>
<p>DUMBO has emerged as the Brooklyn epicenter of design and architecture. Two Trees also lured Snohetta from Manhattan to 55 Washington St. earlier this year. The district is also home to Garrison Architects, Brooklyn Studio and to many furniture designers.</p>
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		<title>How Under Armour signed Stephen Curry away from Nike</title>
		<link>https://www.ourstoryinsight.com/how-under-armour-signed-stephen-curry-away-from-nike/</link>
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		<pubDate>Tue, 03 Jun 2025 06:31:21 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=7396</guid>

					<description><![CDATA[<p>In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart athletic company Under Armour over basketball powerhouse Nike. At the time, Nike controlled the vast majority of the NBA sneaker market. Under Armour was virtually unheard of in the basketball space. &#8220;We&#8217;re the underdog brand. We&#8217;re for the ones that were maybe born [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/how-under-armour-signed-stephen-curry-away-from-nike/">How Under Armour signed Stephen Curry away from Nike</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/><span class="InlineVideo-videoButton"/><span/></p>
<p>In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart athletic company <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-1">Under Armour<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> over basketball powerhouse <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-2">Nike<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>.</p>
<p>At the time, Nike controlled the vast majority of the NBA sneaker market. Under Armour was virtually unheard of in the basketball space.</p>
<p>&#8220;We&#8217;re the underdog brand. We&#8217;re for the ones that were maybe born not big enough or tall enough or fast enough, or strong enough, or smart enough or clever enough,&#8221; said Under Armour founder and CEO Kevin Plank.</p>
<p>CNBC Sport&#8217;s &#8220;Curry Inc.: The Business of Stephen Curry&#8221; will premiere on CNBC on Wednesday, June 4, at 9 p.m. ET.</p>
<p>The deal was considered a defining moment in Curry&#8217;s business career, and it got done in part thanks to Curry&#8217;s locker mate at the Golden State Warriors, Kent Bazemore.</p>
<p>Stephen Curry, #30, and Kent Bazemore, #26 of the Golden State Warriors, celebrate defeating the Memphis Grizzlies 113-101 at Chase Center in San Francisco on May 16, 2021.</p>
<p>Thearon W. Henderson | Getty Images Sport | Getty Images</p>
<p>Plank wanted Curry to be the brand&#8217;s first big star. But he knew that to sign someone of Curry&#8217;s caliber, the company needed to think outside the box.</p>
<p>&#8220;We actually targeted Ken, and we just said we&#8217;re going to overwhelm Ken with more like shock and awe of product, service, story, love, hug,&#8221; Plank said in an interview for &#8220;Curry Inc.,&#8221; a CNBC Sport production centered on Curry&#8217;s career and business ambitions. &#8220;About three months into the Warriors&#8217; season, and Curry is looking next door at Ken. He&#8217;s like, &#8216;Who&#8217;s this brand that you get all this attention of? Because I&#8217;m with Nike, and I really am not.'&#8221;</p>
<p>Stephen Curry&#8217;s new role will be as President of the Curry Brand.</p>
<p>Source: Under Armour</p>
<h2 class="ArticleBody-subtitle">Under Armour&#8217;s Curry Brand</h2>
<p>It wasn&#8217;t just Bazemore&#8217;s influence that landed Curry at Under Armour.</p>
<p>There was also a botched Nike presentation in which company executives mispronounced his first name and used a recycled slide deck that still had Kevin Durant&#8217;s name on it. Plus, Under Armour offered Curry a deal worth $4 million a year, while Nike offered $2.5 million — and declined to match.</p>
<p>Today, 12 years later, Curry has made a dozen different shoes for Baltimore-based Under Armour and has developed a line of signature products that includes footwear and apparel. In 2023, the brand signed a new long-term extension and made Curry the president of the newly formed Curry Brand, housed under the company&#8217;s banner.</p>
<h2 class="RelatedContent-header">Get the CNBC Sport newsletter directly to your inbox</h2>
<p>The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox.</p>
<p>Subscribe here to get access today.</p>
<p>As part of that deal, the 11-time NBA All-Star was given 8.8 million Under Armour common shares, valued at $75 million at the time, in addition to other awards and incentives.</p>
<p>While Curry has profited handsomely from his success at Under Armour, the brand has had its share of ups and downs. Changes in leadership, strategy and competition have led to dramatic declines in Under Armour&#8217;s common stock price from an all-time high of $45.41 in 2016 to its current price of less than $6 per share.</p>
<p>Some speculate the turmoil has hindered Curry&#8217;s off-court prospects.</p>
<p>&#8220;In all honesty, if he would have stayed with Nike, his business would be a monster right now. A monster,&#8221; said Nico Harrison, general manager of the Dallas Mavericks who was Nike&#8217;s sports marketing director from 2002-2021, during a 2022 interview.</p>
<h2 class="ArticleBody-subtitle">Elevating the under</h2>
<p>Curry told CNBC that his relationship with Under Armour changed the way he thought about his off-court business.</p>
<p>&#8220;It was the first time I really took an equity position in the company, and then you started to understand how every decision that you make and how you leverage not just the brand of me, but all the resources and opportunities I have around me to create value,&#8221; he said.</p>
<p>Curry also said Under Armour&#8217;s underdog message resonated with him. Curry, at just 6-foot-2 and 185 pounds, isn&#8217;t the typical size of an NBA superstar.</p>
<p>&#8220;The NBA was a goal, but I wasn&#8217;t like plotting my way to get there,&#8221; Curry said. &#8220;I was just enjoying every step of the way.&#8221;</p>
<p>He has carried over the same mentality to his other businesses with a mantra of &#8220;elevate the under.&#8221;</p>
<p>As part of his contract with Under Armour, a portion of the Curry Brand&#8217;s yearly revenue is invested in under-resourced communities, such as Oakland, California. Curry became connected to Oakland after moving there when he first became a Warrior in 2009. </p>
<p>During NBA All-Star Weekend in February, Curry and Under Armour celebrated their 20th court refurbishment at Oakland&#8217;s McClymonds High School. The school received NBA-grade hardwood floors, new hoops, backboards and scoreboards.</p>
<p>Under Armour says the Curry Brand has trained 15,000 coaches, supported 125 basketball programs and had an impact on 300,000 kids around the world.</p>
<p>Curry has also helped pave the way for minorities in golf through his Underrated Golf Tour. Sponsors like Under Armour fund a series of regional tournaments to boost junior golfers of color.</p>
<p>&#8220;The way that I tried to be a trailblazer on the court, we want to do the exact same thing … leveraging that impact when it comes to what it does for the community,&#8221; Curry said.</p>
<p><span class="InlineVideo-videoButton"/><span/></p>
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		<title>Hundreds of authors have signed an open letter in support of Lisa Ko. ‹</title>
		<link>https://www.ourstoryinsight.com/hundreds-of-authors-have-signed-an-open-letter-in-support-of-lisa-ko/</link>
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		<pubDate>Sat, 30 Nov 2024 05:22:37 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
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		<category><![CDATA[letter]]></category>
		<category><![CDATA[Lisa]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=3809</guid>

					<description><![CDATA[<p>November 27, 2024, 1:13pm Maxine Hong Kingston, Alexander Chee, Alissa Nutting, David Henry Hwang, Eugene Lim, Rachel Khong, Susan Abulhawa, Susan Bernofsky, Laura van den Berg, R. O. Kwon, Bryan Washington, Danzy Senna, and Ha Jin are among the hundreds of authors who have signed an open letter in support of novelist Lisa Ko. After privately [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/hundreds-of-authors-have-signed-an-open-letter-in-support-of-lisa-ko/">Hundreds of authors have signed an open letter in support of Lisa Ko. ‹</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>November 27, 2024, 1:13pm</p>
<p>Maxine Hong Kingston, Alexander Chee, Alissa Nutting, David Henry Hwang, Eugene Lim, Rachel Khong, Susan Abulhawa, Susan Bernofsky, Laura van den Berg, R. O. Kwon, Bryan Washington, Danzy Senna, and Ha Jin are among the hundreds of authors who have signed an open letter in support of novelist Lisa Ko.</p>
<p>After privately expressing her support for Aisha Abdel Gawad—an Arab American writer who chose to withdraw from a panel at the Albany Book Festival due to a series of social media posts and published articles written by the panel’s moderator, Elisa Albert, about Israel’s assault on Gaza—Ko, a fellow panelist, was subjected to weeks of harassment as well as a broader smear campaign in the media which resulted in a loss of professional opportunities.</p>
<p>The open letter—which was organized by Pulitzer Prize-winning writer Viet Thanh Nguyen—calls for the New York State Writers Institute (which runs the Albany Book Festival) to issue a full correction of the misinformation they circulated in September 2024 regarding Ko and Gawad:</p>
<p style="padding-left: 40px;"><span style="font-weight: 400;">We are disturbed and offended by the defamation of our colleagues, which has caused deep-seated harassment and loss of professional opportunities for both. Such harassment is rooted in a long history of silencing and mischaracterizing non-white voices in mainstream western media.</span></p>
<p>It goes on to condemn the “deeply problematic and dangerous” behavior of “literary gatekeepers” The New York Times and The Atlantic, as well and free speech organization PEN America, with regard to this particular case and to their wider coverage of the cultural fallout from Israel’s war on Gaza:</p>
<p style="padding-left: 40px;"><span style="font-weight: 400;">Though serious strides have been made in the last two decades in redressing complex identity politics in the United States, the fallout of the Gaza war among media and cultural institutions has reeked of centuries of racism. For literary gatekeepers such as the </span><span style="font-weight: 400;">New York Times</span><span style="font-weight: 400;"> and </span><span style="font-weight: 400;">the Atlantic</span><span style="font-weight: 400;"> to disregard fact-checking—fanned in no short form by newspapers </span><span style="font-weight: 400;">Haaretz</span><span style="font-weight: 400;">, </span><span style="font-weight: 400;">The Times of Israel</span><span style="font-weight: 400;">, and </span><span style="font-weight: 400;">The Forward</span><span style="font-weight: 400;">—is deeply problematic and dangerous. Additionally, free speech organization PEN America also joined these neo-McCarthyist erasure and reductionist efforts in a </span><span style="font-weight: 400;">press release,</span><span style="font-weight: 400;"> and, along with the New York State Writers Institute, must issue a full correction in order to stop defamatory lies from spreading.</span></p>
<p>The letter closes with the following call for unity among writers in holding literary world institutions accountable:</p>
<p style="padding-left: 40px;"><span style="font-weight: 400;">Literary festivals, publishers, media outlets, and related organizations rely on the labor of writers to make profits. When we are united, we are powerful in holding them accountable. We stand in solidarity with Ko and Gawad and all writers who have been vilified for opposing war and genocide. To silence these voices is an attack on not only free speech, but on the truth. </span></p>
<p> </p>
<p>*</p>
<p> </p>
<p><strong>Here is the open letter in full:</strong></p>
<p><span style="font-weight: 400;">We are writers and community members who stand in solidarity with Lisa Ko in calling for the New York State Writers Institute to issue a full correction of the misinformation they circulated in September 2024 regarding Ko and fellow author Aisha Abdel Gawad. We are disturbed and offended by the defamation of our colleagues, which has caused deep-seated harassment and loss of professional opportunities for both. Such harassment is rooted in a long history of silencing and mischaracterizing non-white voices in mainstream western media.</span></p>
<p><span style="font-weight: 400;">In September 2024, acclaimed Asian American author Lisa Ko reached out privately to members of the New York State Writers Institute, in solidarity with Arab American author Aisha Abdel Gawad, expressing concern about anti-Palestinian rhetoric by the moderator with whom they were to share a panel. These concerns were then mischaracterized and made public, and both authors were attacked in a smear campaign and accused of being anti-semites.</span></p>
<p><span style="font-weight: 400;">According to Ko: “</span><span style="font-weight: 400;">I wrote the New York State Writers Institute in support of Aisha Abdel Gawad, expressing concern about a panel moderator’s public rhetoric. In social media posts and published articles, the moderator mocked people who advocate for a ceasefire by calling them ‘terror apologists’ and other names. In response, the assistant director of the Writers Institute emailed the moderator and called these concerns ‘crazy,’ going so far as to fabricate a story that I refused ‘to be on a panel with a Zionist,’ a message that was then made public. This has  resulted in death and rape threats, harassing messages, and the loss of livelihood for both me and Aisha, including Aisha’s dismissal from her writer-in-residence position.</span></p>
<p><span style="font-weight: 400;">“To set the record straight, I neither refused to be on the panel nor used the word ‘Zionist,’ but this clarification, while necessary, is not the point. The implication is that vitriol directed at those opposing war and genocide is acceptable; objecting to such vitriol is not.”</span></p>
<p><span style="font-weight: 400;">Solidarity in the wake of the deadliest war to ever be recorded on children is not only essential, it is imperative. The resilience of minoritized and colonized peoples, from Asian to Black, Indigenous, Latino, Muslim, and Arab populations, is built on standing together. From the civil rights movement to recent Hollywood writers’ strikes, history has shown us that gatekeepers only negotiate when workers unite. The sustained campaign of conflating any criticism of Israel, including US-supported military action, as anti-semitic, reduces and dehumanizes the suffering and grief of entire groups and populations.</span></p>
<p><span style="font-weight: 400;">Ko’s expression of solidarity is an important aspect of the need to build and maintain coalitions among Asian, Black, Indigenous, Latino, Muslim, and Arab populations. This is in itself rooted in the cross-cultural unity necessary to overcome the racial overtures of profiling that have long been present in the US. From the Chinese Exclusion Act of 1882, to the fetishization of Asian bodies over decades in Western cultural imaginations as either </span><span style="font-weight: 400;">unclean or overtly sexualized</span><span style="font-weight: 400;">, to the perversions of calling all Arabs “terrorists,” the truth remains that media outlets play an oversized role in silencing and ridiculing critical pro-peace voices among non-white populations.</span></p>
<p><span style="font-weight: 400;">Though serious strides have been made in the last two decades in redressing complex identity politics in the United States, the fallout of the Gaza war among media and cultural institutions has reeked of centuries of racism. For literary gatekeepers such as the </span><span style="font-weight: 400;">New York Times</span><span style="font-weight: 400;"> and </span><span style="font-weight: 400;">the Atlantic</span><span style="font-weight: 400;"> to disregard fact-checking—fanned in no short form by newspapers </span><span style="font-weight: 400;">Haaretz</span><span style="font-weight: 400;">, </span><span style="font-weight: 400;">The Times of Israel</span><span style="font-weight: 400;">, and </span><span style="font-weight: 400;">The Forward</span><span style="font-weight: 400;">—is deeply problematic and dangerous. Additionally, free speech organization PEN America also joined these neo-McCarthyist erasure and reductionist efforts in a </span><span style="font-weight: 400;">press release,</span><span style="font-weight: 400;"> and, along with the New York State Writers Institute, must issue a full correction in order to stop defamatory lies from spreading.</span><span style="font-weight: 400;"> The Writers Institute’s inadequate apology that admits that they “fell short of the ideal of celebrating diverse voices and conversations” is woefully insufficient if not met with a fuller correction.</span></p>
<p><span style="font-weight: 400;">Literary festivals, publishers, media outlets, and related organizations rely on the labor of writers to make profits. When we are united, we are powerful in holding them accountable. We stand in solidarity with Ko and Gawad and all writers who have been vilified for opposing war and genocide. To silence these voices is an attack on not only free speech, but on the truth. </span></p>
<p>To add your name to the letter, please use this form.</p>
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