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	<title>Observer &#187; New Bin for Baby Binn!</title>
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		<title>Observer &#187; New Bin for Baby Binn!</title>
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		<title>New Bin for Baby Binn!</title>

		<comments>http://observer.com/2006/10/new-bin-for-baby-binn/#comments</comments>
		<pubDate>Mon, 30 Oct 2006 00:00:00 -0400</pubDate>
					<link>http://observer.com/2006/10/new-bin-for-baby-binn/</link>
			<dc:creator>Max Abelson</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/103006_article_transfers.jpg?w=232&h=300" />It took his wife&rsquo;s real-estate smarts, and $1.76 million, for glossy rich-people magazine tycoon Jason Binn to snatch up the apartment next-door to his third-floor Tribeca loft.</p>
<p>&ldquo;I was very tenacious,&rdquo; said Haley Binn, who became a Corcoran vice president earlier this year. &ldquo;It&rsquo;s not about being a broker. It&rsquo;s just that there&rsquo;s only one apartment on our side, because we&rsquo;re on a corner. In order to expand, <i>that</i> was the one.&rdquo;</p>
<p>Reached at his office, Mr. Binn, who puts out titles like <i>Gotham</i> and <i>Hamptons</i> and <i>Ocean Drive</i>, said only: &ldquo;My wife and I are excited to extend our home.&rdquo;</p>
<p>&ldquo;I was very anxious to create a nice home for my family,&rdquo; Ms. Binn said. &ldquo;He&rsquo;s pretty easygoing about that stuff. He usually leaves that stuff up to me.&rdquo;</p>
<p>Always a smart move. Last year, when Ms. Binn was nine months pregnant with the couple&rsquo;s first youngster, she tracked down the owner of their next-door place, who is pseudonymously listed on sales deeds as Hal Bob Realty L.L.C.</p>
<p>Back then, the mysterious Hal Bob hadn&rsquo;t even closed on his apartment, for which he eventually paid $977,520. But Ms. Binn got to him.</p>
<p>&ldquo;We connected,&rdquo; she said, &ldquo;and he basically named his price.&rdquo;</p>
<p>According to city records, the seller made a tidy $782,480 profit when he flipped his place to the Binns.</p>
<p>Asked what he might do in his big new space, Mr. Binn only said: &ldquo;It&rsquo;s a great residential area to raise a family in.&rdquo;</p>
<p>Indeed. Their 14-month-old daughter can see the Statue of Liberty from her new room. While talking to a reporter on the phone, Ms. Binn said to her daughter, &ldquo;Let&rsquo;s look at the boats!&rdquo;</p>
<p>When construction is completed, the double-sized loft will have double-sized Hudson views. &ldquo;Really, it&rsquo;ll just expand everything,&rdquo; she said. &ldquo;More bedroom, more living space, more dining area, and a lot more square footage on the water. Basically, every single room is facing the water.&rdquo;</p>
<p>The family bought their first apartment at 92 Laight Street last August, paying $2.074 million. The so-called River Lofts have a grand garden and a round-the-clock concierge&mdash;plus all the bathrooms come with Kohler &ldquo;Tea for Two&rdquo; tubs.</p>
<p>That&rsquo;s right down Mr. Binn&rsquo;s luxury alley. His firm, Niche Media, just partnered with Las Vegas&rsquo; Greenspun Media Group.</p>
<p><a name="Hank"> </a></p>
<p>Hank Paulson Sells $8 M. Condo To a Well-Connected Banker</p>
<p>When it was reported last week that Treasury Secretary and former Goldman Sachs chairman and C.E.O. Hank Paulson sold his two-unit apartment at the Millennium Tower on West 67th, no one mentioned that the deal was an inside trade.</p>
<p>According to city records, his buyer happened to be Goldman Sachs managing director Tony Lauto. </p>
<p>Reached at his office, Mr. Lauto confirmed that he owned an apartment a few floors down from his former boss and had been trying to buy a neighboring unit to expand. But he wasn&rsquo;t having any luck.</p>
<p>So when he heard the Paulson place was for sale, he rushed upstairs. Despite a tremendous amount of interest in the old C.E.O.&rsquo;s uptown-facing apartment, it was easy for Mr. Lauto to introduce himself. There was more, after all, than just Mr. Lauto&rsquo;s current job at Goldman. His little brother happens to be John Lauto, the C.E.O. of Goldman&rsquo;s stock specialist, Spear, Leeds &amp; Kellogg, and a member of the New York Stock Exchange&rsquo;s Director Candidate Recommendation Committee for 2006.</p>
<p>Why might that matter? Before joining the Bush administration, Mr. Paulson was a NYSE board member who was loudly critical of former exchange chairman Richard Grasso&rsquo;s compensation package. Goldman president John Thain was named as the stock exchange&rsquo;s C.E.O. in December of 2003.</p>
<p>Sure enough, Lauto the Elder got the double-sized apartment he always wanted: Before Mr. Paulson combined them, the units were 1,535 and 1,481 square feet each.</p>
<p>Mr. Lauto declined to discuss the price, but city records list the Paulson sales price at $7.995 million.</p>
<p>Among the perks of staying in his building, Mr. Lauto will remain close to his beloved in-house Reebok gym, which has 13,000 square feet of coed weight training&mdash;plus, according to the building&rsquo;s Web site, a &ldquo;music-filled, junior Olympic size swimming pool.&rdquo; </p>
<p>Mr. Lauto is keeping his house in Manalapan, N.J. That&rsquo;s where he and his wife will spend most of their time&mdash;at least until their family&rsquo;s fifth child leaves for college.</p>
<p>Afterward, Mr. Paulson&rsquo;s old place is all theirs.</p>
<p><a name="Fisher"> </a></p>
<p>Fisher Stevens Turns Down $5 M. Deal With Dead Landlady</p>
<p>A geriatric four-story townhouse at 28 Grove Street has been sold for $5 million.</p>
<p>The late Flora Morrell had owned the place since the early 1940&rsquo;s, renting out to actors like the bombshell Kim Hunter and the funny-faced Fisher Stevens, who co-founded the modish Naked Angels Theatre Company.</p>
<p>Mr. Stevens must have been a good tenant during his decade there, because Ms. Morrell&rsquo;s will&mdash;which happens to be attached to the recent sales deed&mdash;gives him &ldquo;a right of first refusal.&rdquo; That means he had 10 days to match any offers for the 4,350-square-foot Greenwich Village townhouse.</p>
<p>&ldquo;She was a trip&mdash;it&rsquo;s a bummer,&rdquo; Mr. Stevens said. &ldquo;I moved in right when my grandmother died, and she kind of became my adopted grandma. I travel all over the world, and she would always have me bring back perfumes and ashtrays.&rdquo;</p>
<p>But he didn&rsquo;t choose to take the house. &ldquo;Fortunately, he had bought already elsewhere,&rdquo; said the buyer, Roberta McGuire. According to city records, Mr. Stevens bought a $1.1 million co-op in the Fulton Ferry Historic District last November. &ldquo;But we still had to wait a week to see if he wanted the house,&rdquo; said Ms. McGuire. &ldquo;Thank goodness he didn&rsquo;t.&rdquo;</p>
<p>Yet she still has work to do. &ldquo;There&rsquo;s nothing to save except the staircase and the fireplaces,&rdquo; she sighed. &ldquo;It&rsquo;s like <i>The Amityville Horror</i>. Every single thing has to come out. But that&rsquo;s O.K.&mdash;that&rsquo;s what we wanted! It&rsquo;ll be stunning.&rdquo;</p>
<p>Halstead vice president Astrid Pillay said the place hadn&rsquo;t been updated for 35 years. But her client has plans to make up for lost time: The whole building will be extended 10 feet into the garden.</p>
<p>Because the townhouse is landmarked, the renovation possibilities are finite. &ldquo;You&rsquo;re really bound by keeping it in the style of the 1850&rsquo;s,&rdquo; Ms. McGuire said. &ldquo;But it will be a nice-sized family house. <i>And</i> we&rsquo;ll have an elevator.&rdquo;</p>
<p>Vintage starlet Kim Hunter rented at 28 Grove during its pre-elevator era. According to her archivist, Eric Weigle, a phone call to the house informed her that she&rsquo;d won the Best Supporting Actress for <i>A Streetcar Named Desire</i>. Apparently, she&rsquo;d skipped out on the 1951 Academy Awards.</p>
<p>&ldquo;And then after that, because her apartment was in the front, everyone would ride by screaming, &lsquo;<i>Stella!</i>&rsquo; She said to her husband Robert Emmett, &lsquo;I don&rsquo;t care where we move, but it has to be an apartment in the back.&rsquo;&rdquo;</p>
<p>After Ms. Morrell&rsquo;s death in 2003, recent tenants like Mr. Stevens also realized they&rsquo;d have to depart. &ldquo;The building didn&rsquo;t really lend itself to apartments,&rdquo; said Charles Shabsels, the lawyer for Ms. Morrell&rsquo;s estate. &ldquo;It&rsquo;s in a prime&mdash;<i>prime</i>&mdash;single-family residential neighborhood.&rdquo;</p>
<p>The primo townhouse was delivered empty. Perhaps as recompense, Ms. Morrell&rsquo;s will gives $5,000 to the building&rsquo;s old supers.</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/103006_article_transfers.jpg?w=232&h=300" />It took his wife&rsquo;s real-estate smarts, and $1.76 million, for glossy rich-people magazine tycoon Jason Binn to snatch up the apartment next-door to his third-floor Tribeca loft.</p>
<p>&ldquo;I was very tenacious,&rdquo; said Haley Binn, who became a Corcoran vice president earlier this year. &ldquo;It&rsquo;s not about being a broker. It&rsquo;s just that there&rsquo;s only one apartment on our side, because we&rsquo;re on a corner. In order to expand, <i>that</i> was the one.&rdquo;</p>
<p>Reached at his office, Mr. Binn, who puts out titles like <i>Gotham</i> and <i>Hamptons</i> and <i>Ocean Drive</i>, said only: &ldquo;My wife and I are excited to extend our home.&rdquo;</p>
<p>&ldquo;I was very anxious to create a nice home for my family,&rdquo; Ms. Binn said. &ldquo;He&rsquo;s pretty easygoing about that stuff. He usually leaves that stuff up to me.&rdquo;</p>
<p>Always a smart move. Last year, when Ms. Binn was nine months pregnant with the couple&rsquo;s first youngster, she tracked down the owner of their next-door place, who is pseudonymously listed on sales deeds as Hal Bob Realty L.L.C.</p>
<p>Back then, the mysterious Hal Bob hadn&rsquo;t even closed on his apartment, for which he eventually paid $977,520. But Ms. Binn got to him.</p>
<p>&ldquo;We connected,&rdquo; she said, &ldquo;and he basically named his price.&rdquo;</p>
<p>According to city records, the seller made a tidy $782,480 profit when he flipped his place to the Binns.</p>
<p>Asked what he might do in his big new space, Mr. Binn only said: &ldquo;It&rsquo;s a great residential area to raise a family in.&rdquo;</p>
<p>Indeed. Their 14-month-old daughter can see the Statue of Liberty from her new room. While talking to a reporter on the phone, Ms. Binn said to her daughter, &ldquo;Let&rsquo;s look at the boats!&rdquo;</p>
<p>When construction is completed, the double-sized loft will have double-sized Hudson views. &ldquo;Really, it&rsquo;ll just expand everything,&rdquo; she said. &ldquo;More bedroom, more living space, more dining area, and a lot more square footage on the water. Basically, every single room is facing the water.&rdquo;</p>
<p>The family bought their first apartment at 92 Laight Street last August, paying $2.074 million. The so-called River Lofts have a grand garden and a round-the-clock concierge&mdash;plus all the bathrooms come with Kohler &ldquo;Tea for Two&rdquo; tubs.</p>
<p>That&rsquo;s right down Mr. Binn&rsquo;s luxury alley. His firm, Niche Media, just partnered with Las Vegas&rsquo; Greenspun Media Group.</p>
<p><a name="Hank"> </a></p>
<p>Hank Paulson Sells $8 M. Condo To a Well-Connected Banker</p>
<p>When it was reported last week that Treasury Secretary and former Goldman Sachs chairman and C.E.O. Hank Paulson sold his two-unit apartment at the Millennium Tower on West 67th, no one mentioned that the deal was an inside trade.</p>
<p>According to city records, his buyer happened to be Goldman Sachs managing director Tony Lauto. </p>
<p>Reached at his office, Mr. Lauto confirmed that he owned an apartment a few floors down from his former boss and had been trying to buy a neighboring unit to expand. But he wasn&rsquo;t having any luck.</p>
<p>So when he heard the Paulson place was for sale, he rushed upstairs. Despite a tremendous amount of interest in the old C.E.O.&rsquo;s uptown-facing apartment, it was easy for Mr. Lauto to introduce himself. There was more, after all, than just Mr. Lauto&rsquo;s current job at Goldman. His little brother happens to be John Lauto, the C.E.O. of Goldman&rsquo;s stock specialist, Spear, Leeds &amp; Kellogg, and a member of the New York Stock Exchange&rsquo;s Director Candidate Recommendation Committee for 2006.</p>
<p>Why might that matter? Before joining the Bush administration, Mr. Paulson was a NYSE board member who was loudly critical of former exchange chairman Richard Grasso&rsquo;s compensation package. Goldman president John Thain was named as the stock exchange&rsquo;s C.E.O. in December of 2003.</p>
<p>Sure enough, Lauto the Elder got the double-sized apartment he always wanted: Before Mr. Paulson combined them, the units were 1,535 and 1,481 square feet each.</p>
<p>Mr. Lauto declined to discuss the price, but city records list the Paulson sales price at $7.995 million.</p>
<p>Among the perks of staying in his building, Mr. Lauto will remain close to his beloved in-house Reebok gym, which has 13,000 square feet of coed weight training&mdash;plus, according to the building&rsquo;s Web site, a &ldquo;music-filled, junior Olympic size swimming pool.&rdquo; </p>
<p>Mr. Lauto is keeping his house in Manalapan, N.J. That&rsquo;s where he and his wife will spend most of their time&mdash;at least until their family&rsquo;s fifth child leaves for college.</p>
<p>Afterward, Mr. Paulson&rsquo;s old place is all theirs.</p>
<p><a name="Fisher"> </a></p>
<p>Fisher Stevens Turns Down $5 M. Deal With Dead Landlady</p>
<p>A geriatric four-story townhouse at 28 Grove Street has been sold for $5 million.</p>
<p>The late Flora Morrell had owned the place since the early 1940&rsquo;s, renting out to actors like the bombshell Kim Hunter and the funny-faced Fisher Stevens, who co-founded the modish Naked Angels Theatre Company.</p>
<p>Mr. Stevens must have been a good tenant during his decade there, because Ms. Morrell&rsquo;s will&mdash;which happens to be attached to the recent sales deed&mdash;gives him &ldquo;a right of first refusal.&rdquo; That means he had 10 days to match any offers for the 4,350-square-foot Greenwich Village townhouse.</p>
<p>&ldquo;She was a trip&mdash;it&rsquo;s a bummer,&rdquo; Mr. Stevens said. &ldquo;I moved in right when my grandmother died, and she kind of became my adopted grandma. I travel all over the world, and she would always have me bring back perfumes and ashtrays.&rdquo;</p>
<p>But he didn&rsquo;t choose to take the house. &ldquo;Fortunately, he had bought already elsewhere,&rdquo; said the buyer, Roberta McGuire. According to city records, Mr. Stevens bought a $1.1 million co-op in the Fulton Ferry Historic District last November. &ldquo;But we still had to wait a week to see if he wanted the house,&rdquo; said Ms. McGuire. &ldquo;Thank goodness he didn&rsquo;t.&rdquo;</p>
<p>Yet she still has work to do. &ldquo;There&rsquo;s nothing to save except the staircase and the fireplaces,&rdquo; she sighed. &ldquo;It&rsquo;s like <i>The Amityville Horror</i>. Every single thing has to come out. But that&rsquo;s O.K.&mdash;that&rsquo;s what we wanted! It&rsquo;ll be stunning.&rdquo;</p>
<p>Halstead vice president Astrid Pillay said the place hadn&rsquo;t been updated for 35 years. But her client has plans to make up for lost time: The whole building will be extended 10 feet into the garden.</p>
<p>Because the townhouse is landmarked, the renovation possibilities are finite. &ldquo;You&rsquo;re really bound by keeping it in the style of the 1850&rsquo;s,&rdquo; Ms. McGuire said. &ldquo;But it will be a nice-sized family house. <i>And</i> we&rsquo;ll have an elevator.&rdquo;</p>
<p>Vintage starlet Kim Hunter rented at 28 Grove during its pre-elevator era. According to her archivist, Eric Weigle, a phone call to the house informed her that she&rsquo;d won the Best Supporting Actress for <i>A Streetcar Named Desire</i>. Apparently, she&rsquo;d skipped out on the 1951 Academy Awards.</p>
<p>&ldquo;And then after that, because her apartment was in the front, everyone would ride by screaming, &lsquo;<i>Stella!</i>&rsquo; She said to her husband Robert Emmett, &lsquo;I don&rsquo;t care where we move, but it has to be an apartment in the back.&rsquo;&rdquo;</p>
<p>After Ms. Morrell&rsquo;s death in 2003, recent tenants like Mr. Stevens also realized they&rsquo;d have to depart. &ldquo;The building didn&rsquo;t really lend itself to apartments,&rdquo; said Charles Shabsels, the lawyer for Ms. Morrell&rsquo;s estate. &ldquo;It&rsquo;s in a prime&mdash;<i>prime</i>&mdash;single-family residential neighborhood.&rdquo;</p>
<p>The primo townhouse was delivered empty. Perhaps as recompense, Ms. Morrell&rsquo;s will gives $5,000 to the building&rsquo;s old supers.</p>
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