Archive for May, 2013

Is Wainscott the new Montauk?

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As lines of cars head east tonight on the trail of tears, aka the Long Island Expressway, into the first nice weekend of summer 2013, thoughts turn to real estate, naturally. Avenue asked me to conduct a roundtable with the top dogs in east end realty earlier this spring and the results appear in the magazine’s new issue under the headline Eastward Ho. No, not that kind of ‘ho, though there may be some heading to the east end right now, looking for the next Montauk.

“Scoop and poop,” says Cindy Adams

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My latest book, House of Outrageous Fortune: Fifteen Central Park West, the World’s Most Powerful Address, is coming in March 2014 from Atria Books, Cindy Adams reveals in her New York Post column today (scroll down past Bernie Kerik. Mixing up her Midases a bit (understandable in an era when there are so many making and managing new money), the gossip great names a few 740 Park “inmates” as characters in the new book, but this time, the “scoop and poop” will be about Lloyd Blankfein and Sandy Weill, not Steve Schwarzman and Henry Kravis, and Dan Loeb and Dan … Continue reading

Un-Truman Capote

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Truman Capote once bragged to Architectural Digest how he’d designed his own beach house in Sagaponack on Eastern Long Island. Now, with that house–most recently owned by painter Ross Bleckner–on the market for $15 million, Unreal Estate (in Avenue’s June issue) reveals who really built it, and its storied B.C. past. Before Capote, that is.

Gibney’s 740 Park documentary in eye of PBS storm

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Alex Gibney‘s documentary Park Avenue: Money, Power and the American Dream, based on my book 740 Park: The Story of the World’s Richest Apartment Building, aired worldwide last fall and is currently available for sale or rental in the iTunes store and on Hulu (as well as free online in the truncated-for-broadcast PBS version via Youtube). This week’s issue of The New Yorker is led by a story about Gibney’s film, detailing the pressure put on WNET, New York’s public television station, for broadcasting it. Though this is hardly the first time a wealthy subject has pushed back against revealing … Continue reading

Twelfth Avenue flip-out

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Michael Holtz (at right), the founder of the Smartflyer travel agency, owns four apartments in a West Side Highway condo, a fraction of the eleven he’s bought and sold in the last fifteen years (including one at Fifteen Central Park West and another in the boombastic One57). He’s the subject of my latest “On the Flip Side” column in Alexa Luxe Living in the New York Post.

How do you really feel, Gwyneth?

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Did someone say, how was your weekend? Well, busy. First we were unwillingly evacuated from our home. So I didn’t have time to post about NASCAR champ Jeff Gordon listing his apartment at 15 Central Park West, subject of my just-completed next book, or about France selling the home of its UN ambassador at 740 Park, subject of an earlier real estate opus. Then, Le Monde published a story on the Metropolitan Museum’s Costume Institute and its ball quoting my Rogues’ Gallery, and Gwyneth Paltrow, one of the select invited guests, opined that, “It sucked.” And finally, my exile on … Continue reading

In the shadow of Ext-hell’s One57

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Wealth and powerlessness (the latter, mine) are the subject of an opinion piece, “In Manhattan Real Estate, Wealth and Power Are Relative,” that marks my return to the (online) pages of the New York Times.