Over-reaching at 15CPW?
The late insurance benefits executive Richard Ullman’s duplex “penthouse” at 15 Central Park West is back on the market a year after it was sold, asking $65 million, a slight increase over the $62.5 million the estate originally wanted, but a whopping increase over the $48 million the current owners, tucked inside an opaque LLC […]
Rizzoli Redux
In rare good news from the world of brick-and-mortar book retailing, Rizzoli Bookstore, forced from its gorgeous West 57th Street location by a developer last spring, has announced its Phoenix-like return. It will re-open on Broadway and West 26th Street on July 27th. Auguri!
Battling Billionaires: LA Strikes Back
The Billionaire’s Belt in midtown Manhattan isn’t the only place where the .01 percent are spending mounds of money on real estate. The Hilton-Hyland realty blog, run by Bilal Khan, formerly of Curbed, today spotlights a Billionaire’s Hill in Bel Air, one of the neighborhoods featured in Unreal Estate. Want to rub garden hoses with […]
15 CPW: Still the Tops
Fifteen Central Park West remains the city’s most expensive apartment building, according to CityRealty. So while observers of the primates of Park Avenue engage in (quite possibly sexist) arguments over the lives of wives of the East Side wealthy, and whether the latest truth-challenged memoir about them is accurate, it appears that it’s the really […]
Another Hedgie Clipped
Hedge Clippers, a protest group, rallied outside Fifteen Central Park West today, reports ValueWalk. Though the building is full of targets for the anti-hedge-fund organization, this time, their target was the occupant of the tip-top building’s tip-top penthouse, Daniel Och of Och-Ziff. With $437 billion under the management of 15CPW dwellers, it will be a […]
Munzer’s the Word at PEN Literary Gala
Fifteen Central Park West penthouse dweller Margaret Munzer Loeb, whose husband Dan Loeb was long an icon of free expression on Internet stock-chat boards, albeit using sock-puppet monickers like the memorable Senor Pinche Wey, has landed in Richard Johnson‘s column today . This time, it’s not for minor acts of book-burning, like her husband and […]
Who REALLY Owns That $88 Million Penthouse?
In recent days, as one generally-respected news source, Rolling Stone, has reminded us that respectability and trustworthiness are different things, two more news organizations, The New York Times and The New York Review of Books, have both stated as fact that the buyer of an $88 million penthouse at 15 Central Park West in 2011 […]
740 Park Party Pad For Sale
Peter Huang, an investor whose ex-wife tossed wild Studio 54-era parties in his duplex apartment at 740 Park Avenue, has re-listed the place after it failed to sell 2011, reports the Wall Street Journal’s Candace Taylor. Then, it was listed for $29.5 million. Now, it can be had for $2 million less through broker Kyle […]
Damning Daniel Loeb, Supporting Free Speech
Hedge Clippers, a progressive activist group, is taking aim at 15CPW penthouse owner and Third Point hedge fund honcho Daniel Loeb, reports the New York Observer. “Besides glitzy apartments and mega-yachts, Dan Loeb has developed a penchant for supporting right-wing politicians and other officials who put Wall Street’s interests ahead of Main Street’s interests,” the […]
Penthouse Pugilism
Only one New York condo has brought plutocrats to financial fisticuffs. Last night, Business Insider posted an excerpt from the new House of Outrageous Fortune paperback about the day the potty-mouthed hedgie Dan Loeb outbid the equally unchecked financier Carl Icahn for a pair of penthouses atop Fifteen Central Park West.