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	<title>Observer &#187; In Today&#8217;s Paper &#8230;</title>
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		<title>Observer &#187; In Today&#8217;s Paper &#8230;</title>
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		<title>In Today&#8217;s Paper &#8230;</title>

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		<pubDate>Wed, 13 Jul 2005 11:45:00 -0400</pubDate>
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		<description><![CDATA[<p><img alt="" src="http://therealestate.observer.com/titanic.jpg" border="1" />Michael Calderone contemplates the Summer of Bill--that's Bill Hemmer--in this week's installment of <a href="http://www.observer.com/finance_manhattantransfers.asp">Manhattan Transfers</a>; the underemployed anchor has moored at a $1.75 million McMansion in the Hamptons. And, as always, more little nuggets of real-estate gossip.</p>
<p>Matthew Schuerman <a href="http://www.observer.com/finance_financialpress.asp">surprises</a> the architect who developed a low-slung but incredibly modern housing development for Olympians on the Queens waterfront when he tells him that other developers are bidding to build there.</p>
<p>Jessica Bruder <a href="http://www.observer.com/thecity_newyorkworld.asp">profiles</a> Arnie Geller. He wants to finish a famous journey that, er, bumped into a bit of trouble, and bring the 17-ton hull of the wrecked Titanic to lower Manhattan.</p>
<p>Nicole Laporte takes us to sunny <a href="http://www.observer.com/media_observatory.asp">Venice</a> Beach--the Brooklyn of Los Angeles? Or is that still Hollywood-Los Feliz-Silverlake-Et Cetera?--where Hollywood machers are rapidly gentrifying things.</p>
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		<content:encoded><![CDATA[<p><img alt="" src="http://therealestate.observer.com/titanic.jpg" border="1" />Michael Calderone contemplates the Summer of Bill--that's Bill Hemmer--in this week's installment of <a href="http://www.observer.com/finance_manhattantransfers.asp">Manhattan Transfers</a>; the underemployed anchor has moored at a $1.75 million McMansion in the Hamptons. And, as always, more little nuggets of real-estate gossip.</p>
<p>Matthew Schuerman <a href="http://www.observer.com/finance_financialpress.asp">surprises</a> the architect who developed a low-slung but incredibly modern housing development for Olympians on the Queens waterfront when he tells him that other developers are bidding to build there.</p>
<p>Jessica Bruder <a href="http://www.observer.com/thecity_newyorkworld.asp">profiles</a> Arnie Geller. He wants to finish a famous journey that, er, bumped into a bit of trouble, and bring the 17-ton hull of the wrecked Titanic to lower Manhattan.</p>
<p>Nicole Laporte takes us to sunny <a href="http://www.observer.com/media_observatory.asp">Venice</a> Beach--the Brooklyn of Los Angeles? Or is that still Hollywood-Los Feliz-Silverlake-Et Cetera?--where Hollywood machers are rapidly gentrifying things.</p>
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