Neigh-Sayers Rear Up
Yesterday’s post (just below) on the threat to New York’s carriage horses got some linkage here and here and here, as well as some Facebook comments. Here is a sampling of those: “agree 100%. I’m serious. Let’s all start a petition and write Bloomie!” E.F.S. “Banning those great horses for cars. The world just gets […]
Take a Swig
Crain’s New York Business reports today on the Great Recession-related troubles of another 740 Park resident, Kent Swig.
Clap Your Hands Say Neigh
Today’s trial balloon in the New York Post, proposing that New York’s carriage horses be replaced by fake Model Ts, would be laughable were it not actually possible. Carriage horses are the only thing about the traffic at the bottom of Central Park that are civilized. Cars routinely break traffic laws there right under the […]
Skiing while the economy burned
Today’s New York Times Business section has a devastating account of the fall of Wall Street titan and 740 Park penthouse owner John Thain. It seems he was skiing in Vail in December as the rot at Merrill Lynch revealed itself. And after his forced resignation, he wandered the halls, muttering that all would be […]
Ingemar Johansson, RIP
The great Swedish heavweight boxing champ Ingemar Johansson died Friday. I’d been meaning to sell the autographed print I have of him knocking out Floyd Patterson at Yankee Stadium to take the title in 1959 (it’s above), and today’s obituary in the New York Times reminded to me do so. It’s listed on ebay now.
Red Tag Day
The New York Observer’s Max Abelson reports a first —a price chop at 740 Park Avenue. The late June Speight’s apartment is now on offer for $26 million — $9 million off its original asking price. Run, don’t walk. to get in on this humungous bargain!
Walter Noel’s Getaway

As the head of a feeder fund that helped sustain Bernard Madoff‘s alleged Ponzi scheme, Walter Noel got very, very rich — so rich, he was able to build Yemanja (above), a hilltop house the size of a boutique hotel for himself and his family (with eight bedrooms, two bunkhoues for children and staff housing, […]
Commissions, please
Attention all residents of 740 Park: According to Kelvin Browne in today’s National Post of Canada, while apartments in other east side buildings lose their value, yours “continue to command premium prices,” Peter Huang‘s long-on-the-market duplex is now in contract and it’s all thanks to 740 Park, the book. So I hope that when John […]
The rich get poorer
John Thain, the former head of Merrill Lynch, lost his new-ish job with Bank of America today, after it discovered large losses at the brokerage that it bought a few weeks back. Thain, who was running the New York Stock Exchange when he bought the smallest but most beautiful penthouse at 740 Park as a […]
Back in the spotlight… again
New York’s Daily News and England’s Guardian both peeked past the doormen at 740 Park today. The News focused on Ezra Merkin, the whipping boy du jour for the Great Recession. The Guardian piece fascinates me more because back when 740 Park was first published, no British publisher would take it on. Their reason? Or […]