{"id":439,"date":"2009-08-17T14:14:21","date_gmt":"2009-08-17T21:14:21","guid":{"rendered":"http:\/\/www.songdoibdcitytalk.com\/blog\/?p=439"},"modified":"2009-08-17T14:24:41","modified_gmt":"2009-08-17T21:24:41","slug":"cruising-together-gale-international-and-posco-ec","status":"publish","type":"post","link":"https:\/\/www.songdoibdcitytalk.com\/blog\/cruising-together-gale-international-and-posco-ec\/","title":{"rendered":"Cruising Together: Gale International and POSCO E&C"},"content":{"rendered":"

\"Whale-sculpture\"By Don Southerton, Songdo IBD CityTalk Editor and Chief Blogger<\/strong><\/p>\n

On my recent trip to Songdo IBD, I attended and participated in a number of events. The unveiling of the Gale International–POSCO E&C \u00a0whales’ statue was memorable. It commemorates the strong partnership between NYC-based Gale International and Korea-based POSCO E & C. \u00a0Among the Korean and American VIPs and officials on hand at the unveiling were a number of Gale International chairman Stan Gale’s family, friends, and long time business colleagues–many in Korea for the first time. Gale noted in his speech the importance of family and building strong long lasting ties–stressing his family’s long business roots. Moreover, Gale stressed the strong bond between America and Korea, and Gale International and its partner POSCO. Significantly, the statue’s whales showcase both Gale and POSCO maritime roots.<\/span><\/strong><\/p>\n

Some details…
\nHuntington, NY\u2026 August 13, 2009\u2026 What is a familiar image to residents of Long Island\u2019s North Shore\u2014the Daniel Gale Sotheby\u2019s International Realty whale logo, is getting a whole new audience in the Far East. <\/em><\/p>\n

A commemorative statue, \u201cCruising Together,\u201d depicting two whales spanning the globe, has been installed in South Korea\u2019s Songdo International Business District, an emerging urban center developed by Gale International and POSCO E & C. Stanley C. Gale, grandson of the founder of Daniel Gale Sotheby\u2019s International Realty, is the Chairman of Gale International.<\/em><\/p>\n

The statue, which was installed in Songdo\u2019s Central Park, is modeled after the first and current Daniel Gale Sotheby\u2019s whale logos, and symbolizes the unique partnership and friendship Gale International and Posco E&C have achieved over the course of this project.<\/em><\/p>\n

\u201cThe Gale family and its associated businesses, Daniel Gale Sotheby\u2019s International Realty included, have a history of being at the forefront of new ideas and opportunities,\u201d said Patricia Petersen, President and CEO of Daniel Gale Sotheby\u2019s International Realty. \u201cThis latest accomplishment reflects and honors that tradition, and presents another yet another unique opportunity for real estate buyers and investors around the world to be aware of what Long Island, and Daniel Gale Sotheby\u2019s, has to offer.\u201d<\/em><\/p>\n

The Songdo International Business District, roughly the size of downtown Boston, is being constructed on reclaimed land near Inchon, South Korea, an easy flight from China and other rapidly developing areas of Northeast Asia. Begun in 2002, Songdo represents a $35 billion city-within-a-city near Seoul’s international airport. It is one of the world’s largest commercial developments.<\/em><\/p>\n

The statue, constructed of bronze, is 18 ft in length, 15.7 ft in width and 20 ft in height, and was made by Han Jeong-ho, Head of Soto Design Architect and Lee Young-song, a famous Korean artist.<\/em><\/p>\n

Founded in 1922, Daniel Gale Sotheby\u2019s International Realty consistently leads the nation in achieving one of the highest average sales prices in the country. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By Don Southerton, Songdo IBD CityTalk Editor and Chief Blogger On my recent trip to Songdo IBD, I attended and participated in a number of events. 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