DISNEY AMONG FINALISTS FOR TIMES SQUARE BUILDING
Walt Disney Co. is among three finalists for developing a
hotel and entertainment complex on 42nd St. and 8th Avenue in New
York, joining Marriot Int'l and Milstein Properties. The "tower
will be the western cornerstone of the long-awaited 42nd Street
Development Project." The Disney group, who call themselves
Dream Team Associates, says that Sega has "expressed an interest"
in leasing the "entire" basement to create an "urban
entertainment center." There are also plans for an ESPN Sports
Bar and Cafe under the Disney group's bid (Jonathan Auerbach,
N.Y. POST, 2/17).