Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
Real estate firm’s retreat hits retailer’s stock hard on Tuesday.
Since departing Rodale last November, he has been shopping around his services as a consultant to a number of magazine publishers.
Publisher is in negotiations to lease 80,000 square feet at 222 Broadway, a source confirmed Tuesday.
The Web site, designed by Neil Kraft, founder of KraftWorks, looks like any high-end e-commerce site — that is, until one reads the product descriptions.