William Zeckendorf Jr., R.I.P.
It is utterly sad to report that William Zeckendorf Jr., son of Big Bill Zeckendorf, father of Arthur and Will Lie Zeckendorf, a significant force in New York real estate development and a significant character in House of Outrageous Fortune, has died at 84, according to the Santa Fe New Mexican, in the town he […]
Weill no long whiles at 15CPW
In today’s Daily News, Matt Chaban reports (scroll down to the second item) that Citigroup Sandy Weill and wife Joan have giving up their toehold at 15 Central Park West, selling the servant’s apartment they bought for less than $1 million before the building opened for $5.65 million. Weill’s tenure at 15CPW was more profitable […]
Miami Modern Made New
The Saxony on Collins Avenue in Miami Beach was once that sandy strip’s best known hotel. In “Miami Modern With a Latin Twist” in the February issue of Avenue, the Unreal Estate column revels in its rise, fall and rebirth as the centerpiece of Faena Miami Beach, an under-construction resort-condo-arts complex that’s already attracted apartment-buyers […]
Vanity Fair says House of Outrageous Fortune rules
Writing in the new Vanity Fair, architecture eminence gris Paul Goldberger previews House of Outrageous Fortune, calling the book’s subject, 15 Central Park West, “the biggest magnet for money and celebrity New York ha[s] seen in more than a generation.” He continues, “Michael Gross…rules[s] the school of literature you might call Books About Buildings Where […]
Gripepad Exclusive: $45 million saves River Club
River House–a frequent subject in this space–released a statement today revealing that a letter of intent has been signed to keep the private River Club inside the esteemed cooperative apartment house. What was not revealed was the price, but Gripepad has confirmed with an inside source that it is a $45 million deal. Not quite […]
Taking a Break
Gripepad is going dark for a brief while but will return in February. Y’all come back and see us here, hear?
15CPW still the champion
The Real Deal reports that in 2013, Fifteen Central Park West remained the city’s most valuable apartment building with eight sales there last year bringing in an average $5,636 per square foot. Meantime, move-ins have begun (see photo, at right) at the nearby (but still unfinished) One57, which developer Extell promotes as Manhattan’s next heavyweight […]
$100 million–or bust!
Who will sell New York’s first $100 million apartment? Where will it be? How staggering its views? How starchitect-y its design? And who will buy it? A Hedgie? A Saudi? A cloaking LLC? That inevitability is the subject of my cover story in the January-February issue of Departures, the luxury travel magazine. It’s now unlocked […]
Triple flip try at 15 CPW
Tyler Alexandra Ellis, daughter of the late fashion legend Perry Ellis and TV writer-producer Barbara Gallagher, and designer of Tyler Alexandra handbags, has listed her palatial A-line apartment at Fifteen Central Park West for $31 million, nearly three times its original purchase price, says the Wall Street Journal. Ellis’ truly astonishing story is told for […]
Grazing the news for Gripepad obsessions
Noted without comment: The last few days have seen several of Gripepad’s obsessions flitting hither and yon in the news. Vogue editor in chief Anna Wintour , who appears on the cover of Rogues’ Gallery, has been rewarded for her fundraising and cheerleading efforts on behalf of the Metropolitan Museum of Art’s Costume Institute with […]