Archive for January, 2013

Whale Watching

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Students and fellow realty obsessives, Curbed LA gives a history lesson on the first realty whales to hit Los Angeles this week and Unreal Estate is one of the assigned texts.

Bonfire of the Verities: LIBOR’s Bob Diamond’s hideout revealed and other tales of unreal realty

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Where’s Barclay’s banker-in-chief Robert “Bob” Diamond been since leaving Barclays in disgrace amidst a rate-fixing scandal last summer? Licking his wounds (and counting his millions) right in our midst in a modest $37 million penthouse at Fifteen Central Park West. Read that and other tales of high-end apartment insanity in Manhattan–and of the people who spend eight figures on it without blinking–in “Bonfire of the Verities,” my update of Tom Wolfe’s 1985 discussion of “the Good Buildings” in the new issue of the digital only Newsweek via The Daily Beast. 740 Park was one of the good buildings. These are … Continue reading

Uncommon Coinage: The Billionaires’ Belt

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A while back, while guest-editing Curbed New York, I tried to give a nickname to the midtown neighborhood I’d moved to, and earned a flaming from the site’s ardent comment trolls. Today, in the New York Observer, Matt Chaban gives me a second chance, letting me dub 57th Street The Billionaire’s Belt, in a story about the rennaissance of residential life on the broad boulevard that uses the phrase in its headline. I’d still rope surrounding streets into the corral with the glossy new kids on these blocks (Roman and Williams’ exquisite 120 West 57th, which is at right, Extell’s … Continue reading

Beachy Keen in Palm Beach

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Maurice Fatio was one of the architects who defined the luxe eclectic look of Palm Beach. In the January issue of Avenue, my latest Unreal Estate column looks at the home he built for his future mother-in-law, a thoroughly unconventional Tudor-by-the-shore on Lake Worth. Is it worth its asking price of $24.9 million? Only the market will answer that question