Rand Araskog, longtime president of the board of directors of the 740 Park cooperative, has died at age 89, reports the New York Times. The former chief executive of ITT, he owned a sixth floor duplex, once the home of “Black Jack” and Janet Bouvier, and the childhood home of Jacqueline Kennedy Onassis and sister Lee Radziwill, in the building’s sprawling A-line from 1980 until 2005, though who paid for it was a controversial question. A co-op board member is quoted in 740 Park, the building’s biography, ascribing the purchase to ITT, but a note in the conglomerate’s 1980 proxy … Continue reading