Inflation at The Wall Street Journal
In late August, the real estate column in the Wall Street Journal (locked behind a firewall, so no link, sorry!) ran a notable sentence about the subject of my penultimate book, 740 Park. It was notable because in a mere twenty words, it contained five errors. As the self-appointed guardian of 740 facts, I penned […]
All Quiet on the Eastern Front
I scan the real estate sections and the realty blogs daily, hoping for news of more sales, births, deaths, scandals or moments of joy at 740 Park, but here in the Great Recession there are none. So with the publications date of Rogues’ Gallery: The Secret History of the Moguls and the Money That Made […]
Story Without End, Amen
Forget John Thain and Ezra Merkin and Steve Schwarzman and the meltdown of the economy. The market was up yesterday. And the George David-Marie Douglas divorce circus is still so on. Today, we learn that David is addicted to filing divorce papers and Marie, well, she likes money and wants babies but isn’t having the […]
Oy, Marie
Those folks at 740 Park just don’t know when to stop. If this keeps up, I may have to write a sequel. In the latest episode of the slap-happy soap opera of the richest apartment building in the world, the owners of the triplex apartment built for Electra Havemeyer and Vanderbilt heir J. Watson Webb […]
Go West, Young Man
Keith Kelly, media columnist of the New York Post (above, right, with David Carr, his counterpart at the New York Times), has the scoop today on my next book for the Broadway imprint at Random House: a 740- Park-like look at the lifestyles and lives of, as he puts it, “the Super-Wealthy in the Estate […]
Whale of a Sale Sale
So… Max Abelson of the New York Observer reports that Courtney Sale-Ross‘s unofficial offer to sell her double duplex (Apt. 12-13 C/D) at the 71 East 71st Street entrance of 740 Park Avenue for $75 million — it was on the market, sort-of, and then off — is back on again. And he quotes the […]
A Kinder, Gentler Clawback??
The image of former Merrill Lynch boss (and 740 Park penthouse owner) John Thain‘s wife asking for a plain paper bag when she went shopping at Hermès not long ago — and then being ridiculed for it — highlights the disconnect between the media’s “the sky is falling” reporting on the economy and the real […]
Cuomo vs. Thain
Dealbook reveals that NY AG Andrew Cuomo is not taking no for an answer from 740 Park penthouse owner John Thain.
There is such a thing as “Too Many Trophies”
And suddenly there is only one 740 Park apartment on the market —Serena Boardman of Sothebys’ listing of the apartment (4/5C) formerly occupied by the late Randolph and June Speight. Aging I-banker Peter Huang‘s duplex next door (4/5D), which had been listed at $38 million (maintenance $10,574), is not (despite reports here and elsewhere) in […]
I’ve Got a Little List
In today’s New York magazine, Beth Landman looks at vacancies, real and imagined, at 740 Park Avenue. Lucky for those dying to live there, though the list one broker keeps of aging widows in the building is now down to one name, the owners of once-hot hedge funds and executives of on-the-dole banks are re-filling […]