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 […]
Down by the Riverside
In the April issue of Avenue, Unreal Estate visits the Chatsworth, a condo conversion on the far west side, where Muffies rarely roam.
740 Park loses record, gains footnote
Curbed reports that Len Blavatnik, who left the Soviet Union in 1978 but still profited from its collapse via a partnership with Russian oligarch Vikor Vekselberg, has set a new New York co-op sales record with his $77.5 million purchase of New York Jets Woody Johnson‘s 14 room duplex at 834 Fifth Avenue. The previous […]
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.
“Ridiculously rich people are taking over New York,” says Business Insider
With the paperback of House of Outrageous Fortune coming out tomorrow, Business Insider wanted to know about the kind of people who inhabit 15 Central Park West and 740 Park. “There are trophy cities, trophy neighborhoods within trophy cities, and trophy buildings within those trophy neighborhoods,” I told Hayley Hudson, and “a certain kind of […]
Temple of Transparency?
Yesterday, Liz Smith noted that House of Outrageous Fortune peeled back the limestone curtain and revealed the names of many of the residents of Fifteen Central Park West. Today, Business Insider unveiled a snazzy graphic that displays some of those secretive folks and the worlds that most of them hail from. Feast your eyes!
Real Estate Hell, Right Here in Manhattan
A year ago, my wife and I started looking for a new apartment. My latest Unreal Estate column in the March issue of Avenue chronicles what happened next. It’s about an apartment I think of as “The One That Got Away.” That’s it, in the photo.
Kicking a** and naming names
On today’s New York Social Diary (and in the Huffington Post, Chicago Tribune and other papers), Liz Smith notes the similarity between a recent study of the residents of Time Warner Center and House of Outrageous Fortune’s piercing of the veil over Fifteen Central Park West. “Society gadfly Michael Gross did the same thing first […]