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Plywood Rumormonger: McNally, Martignetti Bidding War at 1 Canal

Last month, we ran an item titled Insane McNally Rumor about Keith's supposed interest in a space deep on the Lower East Side (above) at 1 Canal Street. Today, we received this update from someone in a position to know:

Good scoop on 1 Canal St. (Corner of Essex). Keith McNally has just offered above the asking price on 1 Canal. Anthony and Tom Martignetti made an offer in March and recently upped their offer to the asking price. Both parties are aggressively pursuing this space and it looks like there will be a bidding war.
Please consume with an appropriately large grain of salt. Still, verrrrry interesting.
· Plymania: Insane McNally Rumor [~E~]