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trinity place holdings inc (TPHS) Snapshot

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trinity place holdings inc (TPHS) Details

Trinity Place Holdings Inc. owns commercial real estate properties and a range of intellectual property assets focused on the consumer sector in the United States. The company focuses on the monetization of commercial real estate properties and a condominium; and sale or development of 28-42 Trinity Place in lower Manhattan. As of May 30, 2014, the company owned five properties. It also focuses on the licensing of its intellectual property, including its rights to the Filene's Basement trademark, the Stanley Blacker, and Maine Bay brands; and the intellectual property associated with Running of the Brides event, and An Educated Consumer is Our Best Customer slogan. Trinity Place Holdings Inc. is headquartered in Secaucus, New Jersey.

1,100 Employees
Last Reported Date: 05/13/11

trinity place holdings inc (TPHS) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $296.2K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $213.3K
Compensation as of Fiscal Year 2013.

trinity place holdings inc (TPHS) Key Developments

Trinity Place Evaluates Sale Of Property In Lower Manhattan

Trinity Place Holdings Inc. (OTCPK:TPHS) has retained Eastdil Secured LLC to evaluate sale of property in Lower Manhattan. The company has filed a motion seeking bankruptcy court approval of a $40 million loan facility secured by its properties located at 42 Trinity Place and 67 Greenwich Street in Lower Manhattan. The company will use the proceeds for further predevelopment work on Trinity’s Lower Manhattan holdings at 42 Trinity Place and 67 Greenwich Street. Significant interest in the development of the property has led the company to hire Eastdil Secured to proceed with a formal and organized process to help evaluate the most appropriate risk-adjusted path to value maximization for shareholders which may or may not result in a possible sale of the property in whole or in part with a joint venture partner.

Trinity Place Holdings, Inc. Appoints Miriam G. Harris as Executive Vice President

Trinity Place Holdings Inc. announced that Miriam G. Harris has joined the company as Executive Vice President. In this role, Ms. Harris will be involved in all aspects of the company's real estate business and she will be based in the company's new Manhattan offices when the company moves from New Jersey this summer. Most recently, Ms. Harris served as an Executive Vice President and Co-head of the Real Estate Transaction Services Group for the New York City Economic Development Corporation where she oversaw some of the most complex public-private land development deals completed under the Bloomberg Administration.

Trinity Place Holdings, Inc. Appoints Joanne Minieri as Board of Director

Trinity Place Holdings Inc. announced that Joanne Minieri, a Suffolk County official and a former President and Chief Operating Officer of Forest City Ratner Companies, has joined its board of directors. Previously, Ms. Minieri served as President and Chief Operating Officer of Forest City Ratner Companies.


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