Bush League
Yesterday, an inflatable pig with a top hat and fat cigar sat outside 740 Park Avenue — but it was a union protest of some sort, not a harbinger, even though tonight, as Bloomberg News reports, President George W. Bush will attend a Republican fundraiser at the duplex apartment of Blackstone Group chairman Stephen Schwarzman. […]
Public Lives, Private Spaces
On Saturday, April 14th , I’ll join interior design savants such as Mario Buatta, Jamie Drake and Wendy Goodman at the Museum of the City of New York for a daylong (from 10am to 4pm with a buffet lunch) event celebrating residential interior design in Manhattan. Tickets are $30 ($25 for members of the museum).
Schwarzman Gets an Upgrade
Hyperbole has always abounded when describing the best l’il apartment in New York City, at 740 Park Avenue. Built for Mayflower descendent George Brewster, it was then occupied in turn by John D. Rockefeller Jr., Saul Steinberg and now, Steve Schwarzman. But The Business Online has taken real estate inflation to a whole new level […]
Clap Your Hands Say… Huh?
Adam Moss‘s New York magazine looks great, gives good service, and just won lots of magazine-world Oscar nominations, so why is Mediaweek looking askance at its declining newstand sales and advertising pages and asking how come “business-side achievements are not keeping pace with editorial plaudits”? Here’s a hint: Courtney Sale Ross, widow of Time-Warner founder […]
Geckoration
Andrew Ross Sorkin keeps the pressure on private equity players like 740 Park’s Steve Schwarzman and Henry Kravis (who has left the building, but like Elvis, is not forgotten) in his latest Dealbook column in the New York Times. This time, Sorkin seconds the notion that closes 740 Park, namely that “for some inexplicable reason, […]
Zippy
Residents of 740 Park can breathe easy this ayem, as Sam Roberts of the New York Times singles them out as even more elite than they were a few days ago. They’ll get to hold onto their precious 10021 zip code status signifier when the Post Office slices the east side of the big apple […]
Avast Ye, Scurvy Buyout Boys!
Of all the bad press generated by Steve Schwarzman‘s recent 60th birthday party, the worst may be tucked within today’s Dealbook column in the New York Times in which Andrew Ross Sorkin takes on the highly-paid pirates of private equity. “It is a charade that private equity firms have claimed their 20 percent performance fees […]
Box ‘o’ Billions
A dozen present and former residents of 740 Park made this year’s Forbes Magazine’s Billionaire’s List. Among current residents, David Koch (#49) ranks as the richest, followed by Colombian Julio Mario Santo Domingo (#132), the suddenly ubiquitous Steve Schwarzman (#249), Ronald Lauder (#287) and hedge fund honcho Israel Englander (#799). Past residents on the list […]
Museum of Modern Art
In its February issue, Monopol, a German contemporary art magazine, profiles 740 Park, calling it a museum of modern of art, and detailing the holdings of residents past and present: 45 Picassos, 54 Cezannes, 23 Klees, and more.
Schwarzstock
Fortune magazine is the latest to chime in on Steve Schwarzman’s party (and the business acumen that paid for it) in a cover story out today, “The New King of Wall Street”. Alas, the story must have closed before Henry Kravis and KKR trumped Schwarzman’s $39 billion deal with one valued at $45 billion. Your […]