porno - 1xbet
kaçak iddaa - bonus veren siteler - casino giriş - kaçak bahis oynama
1xbet giriş - 1xbet kayıt - rokettube
lisans al - r57 shell download - Adult Wordpress Theme - takipçi satın al

Category: 740Blog

At long last, 740’s Speight pad sells

Posted by in |

The longtime home of 740 Park’s longtime co-op board head Randolph Speight (a compelling presence in my book 740 Park) and his widow June, on the market since her 2008 death, is reported sold today by Kim Velsey at the New York Observer. She IDs the buyers as Jonathan Sobel, a former Goldman Sachs partner, and his wife Marcia Dunn. “Shouldn’t Mr. Sobel be joining the rest of the Goldman gang in 15 Central Park West, or even showing them all up and buying into One57?” Velsey asks. Then she answers her own question. “Some buildings, 740 Park chief among … Continue reading

If it’s September, this must be 834 Fifth

Posted by in |

When I started researching the book that became 740 Park, I began with a list of fascinating buildings, and eventually settled on one. But the others retain their fascination and thanks to Avenue, which gave me a column in the spring named after my current book, Unreal Estate, I now get to write about them, too. My September column (read it here) peeks past the doorman at 834 Fifth, home of Rupert Murdoch, A. Alfred and Judy Taubman and Carroll Petrie, among many others.

Political Petting Zoo (Don’t forget that check)

Posted by in |

Who would you rather share an elevator with? A puppy or an armed Secret Service man and Paul Ryan? In this week’s New York Observer, Kim Velsey looks at the tribal rights of fundraising nights in New York’s best buildings, and includes 740 Park (home of big Republican donors like David Koch and Steve Schwarzman) in her survey of buildings where candidates feed at the money trough.

A new NYC co-op sale record?

Posted by in |

David Geffen‘s reported purchase of tax-avoider Denise Rich‘s Fifth Avenue apartment for $54 Million sets a new record, says Matt Chaban of the New York Observer. It’s been more than a decade since 740 Park held that record. Sell, Steve Schwarzman, sell!

Bank Seeks Swig Swag

Posted by in |

Three weeks ago, Bank of America quietly sued Kent Swig, his estranged wife Elizabeth Macklowe Swig, and The 740 Corporation, the cooperative that owns 740 Park, seeking to foreclose for non-payment on the Swigs’ duplex apartment there, and seize their proprietary lease and the associated shares in the fabled co-op, presumably planning to put it on the market to recoup what is owed the bank on a consolidated $17.6 million loan against the apartment. Read the lawsuit here [pdf alert]. My question: Whose apartment will be listed first? The Swigs? Or Ezra Merkin, owner of apartment 6/7B at 740, who … Continue reading

Low floor, nice price

Posted by in |

The late June and Randolph Speight’s apartment at 740 Park, aka 71 East 71st Street, is in contract reports Kim Velsey of the New York Observer, who got the news from the Olshan Luxury Report of weekly apartment sales. Velsey has some fun considering possible reasons for a $12 million price chop (tp $23 million) since the unit was first listed in the days before the collapse of Lehman Brothers, following Mrs. Speight’s death. Regardless, it’s a great estate sale. And now, let the speculation begin about who will sell next at 740 and whether it will ever retake the … Continue reading

Who Madoff with an apartment?

Posted by in |

In next week’s Newsweek, Rebecca Dana revisits some 740 Park stories while discussing Andrew Madoff‘s failure to find a rental apartment.

What’s a half-a-million at 740 Park? About one-third the taxman’s bill.

Posted by in |

So, it turns out that the sale of Courtney Sale Ross‘ double duplex apartment at 740 Park–first reported here–was indeed closed for “about $52 million,” as reported elsewhere–$52.5 million to be precise–and not the asking price of $60 million, as Gripepad initially heard. The buyers, reports Kim Velsey of the New York Observer, are Howard Marks, head of the Oaktree Capital investment firm, and wife Nancy. Gripepad’s favorite fun fact from the official city filing? Real estate taxes on the transaction totalled $1,483,125. That won’t buy you much at 740 Park, but elsewhere in Manhattan, it’s the price of a … Continue reading

When Scoops Collide

Posted by in |

My scoop late last week on the sale of Courtney Sale Ross‘s double duplex at 740 Park Avenue has since been picked up and linked by The New York Observer, curbed, and Business Insider, all of whom were kind enough to credit Gripepad. It was also picked up five days late and a credit short by The Wall Street Journal today. The Journal set the sale price at $52 million, slightly below ask. Eventually, city records will show who got that right. As far as credit goes, as the merchant John Wanamaker once said, “Courtesy is the one coin you … Continue reading

740 Park: Back in Business Big Time ($60 Million Worth)

Posted by in |

Could it be the halo effect of Sandy and Joan Weill‘s unloading their 15 Central Park West penthouse for $88 million? The proverbial little bird chirps that Courtney Sale Ross has finally found a buyer for her double duplex apartment at 740 Park–and got her asking price of $60 million via Kathy Sloane at Brown Harris Stevens, whose listing for it is here. Officially listed last November, though it was available as a semi-secret pocket listing long before that, the apartment is on the 12th and 13th floors of the fabled co-op. Ross and her late husband, Warner Communications mogul … Continue reading

Back in the soup

Posted by in |

It’s back to #2 on the Book Soup bestseller list for Unreal Estate this week. Mmmmm. Good.

Unreal staying power

Posted by in |

In a post-Christmas surge, Unreal Estate has vaulted back up to the #6 position on the Los Angeles Times non-fiction bestseller list.

Business Insider peeks inside 740 Park

Posted by in |

There’s a snappy slide show of real-estate-listing photos of apartments now on sale at 740 Park on Business Insider today. There’s even a news hook for it–announced the day before–the listing of Vera Wang‘s fab duplex there. And since the item claims that I “run a blog about the building,” I figured I’d better link to show it’s still alive, even if my attention has moved elsewhere, to the west coast, for instance. But what the hey, I say. New babies tend to hog all the attention. Today’s the six-year-old’s turn. Proving there’s life in this not-quite-abandoned old blog yet.

Who’s sorry now? What’s right about the new New Left.

Posted by in |

“Otherwise Occupied,” my latest column for Crain’s New York Business, looks at bankers, Babbo, 740 Park Avenue (above) and Occupy Wall Street, and concludes: Let them eat Chef Boyardee.

I Ain’t a-Marchin’ Anymore

Posted by in |

….but Occupy Wall Street is currently en route to 740 Park, identified for their purposes as the home of David Koch. So what are Steve Schwarzman, John Thain, Ezra Merkin, Izzy Englander, David Ganek, Charles Stevenson, Steven Mnuchin, Thomas Tisch and Ronald Lauder–chopped liver?

A 740 Park Correction (Though the Mistake Wasn’t Mine)

Posted by in |

I got a Google alert this morning pointing towards a HuffPo piece by an Occidental College professor named Peter Dreier that claims the 740 Park Avenue duplex owned by Steven and Heather Mnuchin (above) was sold for a measly $9 million two years ago when the Mnuchins moved to LA after Steven took over a bank there. Just for the record: not so. I doubt you could buy a closet at 740 for that price! The Mnuchins still own their place in the best little apartment building on the Upper East Side of Manhattan. Curiously enough, Occidental College has a … Continue reading

New York’s Meanest?

Posted by in |

The business pages at the New York Post think Ezra Merkin, a resident (above, right) of 740 Park, might be New York’s worst Blue Meanie. It seems he’s spent more fighting an arbitration award to a victim of the Bernie Madoff (above left) mess–he was one of Madoff’s big middlemen–than the size of the award itself. Ouch.

Cash Still King at 740 Park (For Most)

Posted by in |

Elise Knutsen of the New York Observer reports that the paper has received a letter from Brown Harris Stevens,the management company for 740 Park Avenue, firmly denying a source’s contention last week that it or the building’s board had any knowledge that one of BHS’s owners, Kent Swig, had borrowed against his 740 apartment (now occuppied by his estranged wife, the former Elizabeth Macklowe). “The suggestion that Brown Harris Stevens would somehow violate the rules of a building it manages, and thus its fiduciary duties, in order to accommodate a principal is absolutely untrue and very damaging to Brown Harris … Continue reading

Who’s Afraid of Luxury Real Estate?

Posted by in |

A few months back a genius told me she was convinced that luxury real estate had run its course as a subject of fascination. So how come even the Daily Mail in London thinks the spurious tale of the possible foreclosure of Kent and Elizabeth Swig‘s apartment at 740 Park is big news? This story has legs, but will it stand? Stay tuned. Apparently, you won’t be alone.

Guess Again at 740 Park

Posted by in |

Yesterday, The New York Observer named several 740 Park households that were hit by the headwinds of economic distress in recent years. Today, there’s the first new listing in a long time at the storied tower, and none of the Observered names are involved. Computer gaming mogul Gregory Fischbach and wife Linda, a former fashion magazine editrix, have listed the former Thelma Chrysler Foy jewelbox (above) on the 17th floor of the trophy building, according to the New York Post, which hints that it’s a so-called pocket listing–i.e. not in the broker database open to all, but held tightly by … Continue reading

The Never-Ending 740 Saga

Posted by in |

In today’s New York Observer, Elise Knutsen looks at 740 Park and some of the families there who’ve felt the effects of the Great Recession.

“No House Too Big”

Posted by in |

Blairsden, the 62,000 square foot 38-room Peapack, New Jersey mansion built by C. Ledyard Blair, heir to the Union Pacific fortune and a former resident of 740 Park, is on the market. Built in about 1900 at a cost of $2 million, it’s also a relative bargain at $4.9 million, even if it now sits on 34 acres compared to its original 423 acres.

For the record…

Posted by in |

Courtney Sale Ross is going for the record books, listing her double duplex at 740 Park for $60 million. You go, girl! Check it out in today’s Wall Street Journal.

“Real estate porn, West Coast style”

Posted by in |

The cat’s out of the bag. Curbed National’s chief real estate savant Sarah Firshein just revealed the jacket of Unreal Estate — and wheedled out me the first hints of what’s inside, even as I’m still knee-deep in answering queries from the copy editor. You’ll get no more out of me. So go there instead. Curbed will even lead you to Amazon where you can pre-order the book (which will be published November 1, 2011).

Money can’t buy you class

Posted by in |

In my Crains New York Business column this week, I wonder why condos are worth more than co-ops. In dollars, that is. UPDATE: Curbed New York is quite amused by this column, and uses it as an excuse to say that 740 Park is “the only [book] that matters” on the subject of New York City co-ops. Whoo-hoo!

740 Stories

Posted by in |

You can’t keep a good building down (or out of the news), I guess. This weekend’s New York Times includes a story on outer borough versions of the fabled 740 Park, and two more on apartment owners: libertarian billionaire David Koch and hedge fund honcho David Ganek. It’s a 740 party!

740, Mon Amour

Posted by in |

The Real Deal reports on a spectacular price chop at 740 Park. The estate of June and Randolph Speight, she an heiress, he a former board president, is still trying to sell their 15 room duplex. The price has now dropped from $35 million to a bargain basement $23 million. Attention 740-Mart shoppers!

When Books Collide

Posted by in |

Today’s New York Observer reports on the proposed new plaza in front of the Metropolitan Museum of Art, paid for in large part by David Koch, a newish Met trustee and resident of 740 Park, and the opposition already being mounted by the museum’s neighbors across Fifth Avenue.  Koch used to be one of them until he moved from the former Jackie Kennedy Onassis apartment at 1040 Fifth to his current apartment at 740. The fascinating story of that move, and the even more intriguing one of one hundred years of the museum board’s imperial ambitions, building history and fraught … Continue reading

Bi-Partisan Party

Posted by in |

Real-estate developer Richard Lefrak‘s smashing surprise 65th birthday party last night lasted until the wee hours and attracted a truly remarkable cast of characters, including Donald Trump (whose reaction to the disco dress decree was to don a frock coat), Senator Chuck Schumer, Mayor Mike Bloomberg (in baggy tomato red pants), Woody Allen, and entertainers Nile Rodgers and Earth, Wind and Fire.  But the evening’s best juxtaposition, if its oddest couple, was the one above:  the controversial conservative contributor and 740 Park resident David Koch and New Jersey’s Democratic Senator, Frank Lautenberg.

Cindy, Incidentally

Posted by in |

Ran into Cindy Adams at dinner (try the lamb saddle, mmmm-good) at The Lambs Club late last week and she asked me what was new on the very day the title of my long-in-the-works look at Los Angeles real estate was approved by the powers-that-be at the Random House Broadway Books imprint.  Cindy announces today (see her fourth item) that Unreal Estate: Money, Ambition and the Lust for Land in Los Angeles will hit bookstores, Kindles, Nooks and iPads late next year.  Or so says Cindy.  Trust mother. (Those are the gates of Ned Doheny’s Greystone, above)

Meet the Schwarzmans

Posted by in |

Daily Intel made my day with this one.  Steve and Christine Schwarzman‘s Halloween costumes. Jarwohl!

998 News

Posted by in |

Curbed is on a roll today, unveiling some floor plan porn for the $24 million maisonette at McKim Mead & White’s 998 Fifth.  The venerable building made a cameo in Rogues’ Gallery because, in a previously unreported attempt at expansion, the trustees of the Metropolitan Museum of Art briefly considered buying  it for its administrative and research offices, some specialized collections and the museum’s  library. Its builder-owner, James T. Lee (grandfather of Jacqueline Bouvier Kennedy and developer of 740 Park), was in deep financial trouble and offered 998 to the Met at the bargain price of $900,000. The museum board’s executive committee, always … Continue reading

Condo vs. Co-op?

Posted by in |

William Zeckendorf, co-developer with his brother Arthur of 15 Central West, the luxe condominium memorably dubbed “Limestone Jesus’ by curbed.com, has flipped his penthouse apartment there and is moving to the late Bruce Wasserstein’s former home in a Fifth Avenue co-operative apartment building.  The story was broken by Jennifer Gould Keil at the Post.  “So this one kinda ends in a tie between new development and pre-war,” comments curbed. Zeckendorf’s grandfather briefly owned 740 Park, but wasn’t allowed to buy an apartment he wanted there.  Nowadays,  Zeckendorfs get whatever they want.

“Real estate isn’t fair”

Posted by in |

Kelly Kreth just published an interview with me about my New York apartments for Brickundergound.com.  In my favorite passage, I note, “I think I would prefer a sharp stick in the eye to ever serving on a [co-op] board again.

Sunset Empire (ain’t it POM Wonderful?)

Posted by in |

Here’s a little preview of my next book, a 740-Park-like look at the lives and real estate styles of Los Angeles’ wealthiest. Billionaires Lynda and Stewart Resnick have been much in the headlines lately. They financed a new Renzo Piano exhibition hall at LACMA, aka the Los Angeles County Museum of Art, and were feted at a major gala there last month. A few days later, the Federal Trade Commission and Food and Drug Administration accused them of hyping their POM pomegranate juice “as though they’re just a gang of cheap hucksters,” according to the Los Angeles Times. Unrevealed until … Continue reading

Is Networking Working?

Posted by in |

Please “like” my brand-new Facebook page. Click through here.

740 Park Still Tops

Posted by in |

How do I love Kindle? Let me count the ways: Amazon Bestsellers Rank: #3,893 Paid in Kindle Store #1 in Books > Arts & Photography > Architecture > History & Periods #1 in Kindle Store > Kindle Books > Nonfiction > Social Sciences > Sociology > Urban #1 in Kindle Store > Kindle Books > History > United States > State & Local > Mid-Atlantic

I, A Contest. I, A Fashion Spread.

Posted by in |

Curbed, the essential New York real estate blog, has just launched a holiday contest with signed copies of 740 Park and Rogues’ Gallery as the prize. You’ve got to be in it to win it. And 20/20, the eyeglass fashion magazine, has just published an online slide show that includes me in some fancy frames and touts Rogues’ Gallery for its “spectacular investigative reporting and a little bit of tittle-tattle,” according to editor James Spina. “Gross always gets to the heart of the story.”

“Money Makes Money…

Posted by in |

… and the money money makes makes more money,” Benjamin Franklin once said. That’s certainly true of Steven Mnuchin, the banking son of a Goldman Sachs banker, who has put his A-Line apartment at 740 Park on the market — sort of, it’s not on his broker’s web site — for $37.5 million and inspired the New York Times to dip into 740 Park again for accurate background on the building and Mnuchin’s family, which has kept the grand apartment in its clutches since 1963. Mnuchin and wife Heather, a descendent of a pre-Revolutionary War-era family, are moving west to … Continue reading

Inflation at The Wall Street Journal

Posted by in |

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 what I hoped was a wry note (inspired by the one John Lennon wrote to Queen Elizabeth when he returned his MBE to the British Crown “in protest against Britain’s involvement in the Nigeria-Biafra thing, against our support of America in Vietnam, and against ‘Cold … Continue reading

All Quiet on the Eastern Front

Posted by in |

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 the Made the Metropolitan Museum fast approaching (eight more days! eight more days!), I am taking this opportunity to retire the 740 Park blog, at least until something, anything!, happens there. I’m sure the last of the widows, prospective parents and pillars of finance there … Continue reading

Story Without End, Amen

Posted by in |

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 best of luck conceiving, unless her soon-to-ex is right and she doesn’t really want to, sneaky Miss Thing. Read it and get the creeps. Originally from the [NYP0st]

Oy, Marie

Posted by in |

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 (and later occupied by Edgar Bronfman Sr. and Time-Warner founder Steve Ross, among others), are giving the world its latest peek at how the rich and shameless divorce. Former United Technologies chairman George David and his second spouse, Marie Douglas (above), an impossibly tall and … Continue reading

Go West, Young Man

Posted by in |

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 District of Los Angeles.” Kelly’s annual Kelly Gang fundraiser is coming up on St. Patrick’s Day at the midtown media elite lunchroom, Michael’s. UPDATE: Curbed LA comments: “Platinum Triangle, it’s time to start paying your help a bit more so they don’t spill your secrets! … Continue reading

Whale of a Sale Sale

Posted by in |

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 unlisted listing broker Edward Lee Cave asking “Who is Michael Gross?’ after Cave was told that Gripebox had reported the apartment was off the market. Cave’s memory obviously isn’t what it used to be (he did a lengthy face-to-face interview while I was reporting my … Continue reading

A Kinder, Gentler Clawback??

Posted by in |

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 big picture. The big picture is that people need to be encouraged to start spending again, albeit more carefully, not be shunned for it. So herewith a modest proposal. Since, Andrew Cuomo notwithstanding, odds are we’ll never be able to claw back big bonuses from … Continue reading

Cuomo vs. Thain

Posted by in |

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”

Posted by in |

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 contract. Rather, it’s off the market. So is the Courtney Sale Ross double duplex (12/13 C&D), which was never formally on the market, but was being not-so-quietly floated by the broker Edward Lee Cave. Reports had the Ross apartment unlisted at $60 million; actually the … Continue reading

I’ve Got a Little List

Posted by in |

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 those soon-to-sell wishlists.

What, Me Ponzi?

Posted by in |

In a post from last month that I just caught up with, the blog Zero Hedge hints that another Bernie-Madoff-style tempest may be brewing in the teapot that is 740 Park. “A notable figure in the HF [hedge fund] community, who shall remain nameless but who has been rumored to himself have certain dabblings in the world of beginning P and ending in onzi, can be located on over 20,000 sq. feet in another duplex, at twice the altitude that Ezra sniffs Park avenue’s rarefied air,” author Tyler Durden writes. Alas, there are eight HF notables in the building, so … Continue reading