Schadenschwarzmanfreude
A Google search of 740 Park prince Steve Schwarzman’s name and the phrase “conspicuous consumption” yields 159 hits this morning, after a week in which the newly issued stock in the Blackstone Group briefly soared and then swooned to beneath its initial offering price. But cheer up, Steve! Sure you’ve lost a billion or so […]
A Horse is a Horse, Of Course, Of Course
I just heard about an article called “Literary Censorship at the Met?”, which apparently ran last week in Publishers Weekly. It is the most pointed piece yet on the contretemps that resulted from the brief banning of Nicholas Fox Weber‘s The Clarks of Cooperstown(which was written to coincide with an exhibit at the Metropolitan Museum […]
Brother, Can You Spare a Dime?
The Blackstone Group’s planned sale of shares to the public has raised a predictable hue and cry focusing on the likely multi-billion-dollar reward its founders, Steve Schwarzman and Pete Peterson, will walk away with. As I learned last week, when several newspapers tracked me down in the Caribbean to interview me about him, most of […]
Making the Mummies Cringe, Pt. III
The New York Sun says that a certain book called 740 Park was removed from the shelves of the Metropolitan Museum of Art bookstore when its author decided to write his next book about… the Met. Say it ain’t so, M. de Montebello!
New Kid on the Block
Danielle Ganek, who, with her husband, the hedge fund operator David Ganek, now owns the 740 Park apartment where Black Jack and Janet Lee Bouvier raised their children, the future Jacqueline Kennedy Onassis and Lee Radziwill, joins the ranks of published authors in the building, which includes such illustrious names as Bette Bao Lord. Ganek […]
Caryl Palin, R.I.P.
Another death at 740 Park Avenue: Caryl Entratter Palin, a resident of 740 Park since 1973, the wife of developer Mickey Palin and the daughter of Smilin’ Jack Entratter, the one-time manager of the Copacabana and the Stork Club and part-owner of the Sands Hotel in Las Vegas is remembered in today’s New York Times..
Sell, Steve, Sell
The New York Observer’s Max Abelson reports a new high water mark in Manhattan apartment sales — a $50 million contract for a flat in the unfinished Plaza Hotel condominium. A year ago, a broker told me that if Blackstone Group chairman Steve Schwarzman put his 740 Park Avenue duplex on the market it would […]
One for the Books
Though it no longer holds the record for the most expensive co-op apartment in New York, 740 Park remains at the pinnacle, says The Cooperator. When New York Stock Exchange boss John Thain bought Enid Annenberg Haupt’s two-bedroom apartment there last year for $27.5 million, it was “the equivalent of an extraordinary $7,638 per square […]
Brokerback Mountain
In today’s New York Observer, real estate reporter Max Abelson reveals that there are now two — count ’em, 2! — vacant duplexes at the summit of Manhattan real estate, 740 Park Avenue, and calls 740 Park: The Story of the World’s Richest Apartment Building “a nose-twitching biography of the building.” Janet Coleman, the 89-year-old […]
The Very Model of a Modern Hedge-Fund Billionaire
Noted without comment: 740 Park’s Steve Schwarzman and wife Christine Hearst rock out at Dan’s hamptons.com.