However, some of the discussion in real estate circles inFairfield County was that the company's troubles could bring somemuch needed space back on the market. On Thursday, Pricelinelicensees Priceline Web House Club and Perfect Yardsale Inc. weregoing out of business. Priceline Web House Club offered groceriesand gasoline, while Perfect Yardsale offered used merchandise toconsumers on Priceline.com's Web site.

Priceline.com officials released a statement to calm investors'fears and explained that the company is still very strong andexploring new opportunities despite the licensee closings. However,the company did not return phone calls for comment by GlobeSt.comon the real estate ramifications the two licensee closings wouldhave on the firm.

Real estate sources told GlobeSt.com that Priceline Web HouseClub earlier this year signed a series of lease transactions at theformer Greenwich American Centre totaling approximately 130,000 sf.The firm occupies space in two buildings at the 605,000-sf complexthat at one time was the home of the American Can Company. Brokers,who asked not to be identified, said that this space may becomeavailable on the sublease market now that the company plans to shutits doors in the next 90 days.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.