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Archive for July, 2006

Who Bought Haupt Home?

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The New York Times contradicts both the New York Observer’s report and a New York Times “Dealbook” blog item in May, naming the purchaser of the penthouse apartment at 71 East 71st Street (aka 740 Park) formerly owned by Annenberg heiress Enid Haupt as MBNA credit card heir Raymond Lerner. Per the Times, the real purchaser is John Thain, formerly of Goldman Sachs, now the head of the New York Stock Exchange. What happened to Lerner’s bid to move his large family into the smallest apartment at 740 Park? Was he turned down by 740’s notoriously prickly co-op board? Will … Continue reading

Back to Press

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740 Park is now in its ninth hardcover printing.

Trophy Real Estate Can Be Dangerous to Your Health

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In “Fleeting Pathos of a New York Minute,” in the Week in Review, Randy Kennedy of The New York Times looks at the destruction of a townhouse on East 62nd Street, and finds not just a geographic but also a psychic connection to 740 Park Avenue. Who knows what peril looks behind the limestone curtain? The New York Observer’s The Real Estate, of course.