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	<title>Observer &#187; Whither Blavatnik? The Mark&#039;s Penthouse On The Market For $60 M.!</title>
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		<title>Observer &#187; Whither Blavatnik? The Mark&#039;s Penthouse On The Market For $60 M.!</title>
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		<title>Whither Blavatnik? The Mark&#039;s Penthouse On The Market For $60 M.!</title>

		<comments>http://observer.com/2008/02/whither-blavatnik-the-marks-penthouse-on-the-market-for-60-m/#comments</comments>
		<pubDate>Wed, 06 Feb 2008 21:14:22 -0400</pubDate>
					<link>http://observer.com/2008/02/whither-blavatnik-the-marks-penthouse-on-the-market-for-60-m/</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/markhotel.jpg?w=300&h=172" />Listings for the massive Mark, the 1927 hotel at 25 East 77th Street, have hit the Internet--and the <a href="http://www.corcoran.com/property/listing.aspx?Region=NYC&amp;listingid=1172904">penthouse</a> is there too, which can only mean only one thing: After a long, strange media hubbub, it still hasn't been sold.
<p>Remember when <em>The Post </em>had a massive front-page article on billionaire oilman Len Blavatnik's $150 million &quot;<a href="http://www.nypost.com/seven/11082007/news/regionalnews/the_150m_castle_384624.htm">record deal</a>&quot; for the penthouse and two other floors at The Mark? The next day, I spoke with a source who said: “Len was approached but declined the opportunity.”</p>
<p>&quot;It’s not a go,” the source said.</p>
<p><em>The Post</em>'s excellent real estate writer, Braden Keil, wrote <a href="http://gawker.com/news/huge-nondeals/shady-russian-oligarch-pays-no-money-for-no-apartment-320586.php">Gawker</a> to complain about our report: &quot;They should at least have their 'source' go on the record if they want to discredit my story. It's just sour grapes on their part. A letter of intent was signed for those units and that's the story. It doesn't mean he bought it.&quot; </p>
<p>But! The next day, without issuing a retraction, <em>The Post</em> had another article saying the oilman's offer was $125 million, not $150. Mr. Keil quoted an anonymous source. </p>
<p>In late December, <em>The Observer</em> returned to the delicious topic when we got <a href="/2007/vivre-mark">two marketing books and a DVD</a> from The Mark, which suggested they probably still had some selling to do. Now, as <em><a href="http://curbed.com/archives/2008/02/05/floorplan_mini_porn_the_marks_60m_penthouse.php">Curbed</a></em> points out, that seems to be the case: The penthouse and other Mark apartments have wondrous listings on the Corcoran/Sunshine Web site. </p>
<p>The best stats come from the $60 million penthouse, with its 12 rooms, five bedrooms, eight baths, and a $35,477 monthly maintenance. And the square footage, most important of all, is                          9,799.<span><br /> </span></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/markhotel.jpg?w=300&h=172" />Listings for the massive Mark, the 1927 hotel at 25 East 77th Street, have hit the Internet--and the <a href="http://www.corcoran.com/property/listing.aspx?Region=NYC&amp;listingid=1172904">penthouse</a> is there too, which can only mean only one thing: After a long, strange media hubbub, it still hasn't been sold.
<p>Remember when <em>The Post </em>had a massive front-page article on billionaire oilman Len Blavatnik's $150 million &quot;<a href="http://www.nypost.com/seven/11082007/news/regionalnews/the_150m_castle_384624.htm">record deal</a>&quot; for the penthouse and two other floors at The Mark? The next day, I spoke with a source who said: “Len was approached but declined the opportunity.”</p>
<p>&quot;It’s not a go,” the source said.</p>
<p><em>The Post</em>'s excellent real estate writer, Braden Keil, wrote <a href="http://gawker.com/news/huge-nondeals/shady-russian-oligarch-pays-no-money-for-no-apartment-320586.php">Gawker</a> to complain about our report: &quot;They should at least have their 'source' go on the record if they want to discredit my story. It's just sour grapes on their part. A letter of intent was signed for those units and that's the story. It doesn't mean he bought it.&quot; </p>
<p>But! The next day, without issuing a retraction, <em>The Post</em> had another article saying the oilman's offer was $125 million, not $150. Mr. Keil quoted an anonymous source. </p>
<p>In late December, <em>The Observer</em> returned to the delicious topic when we got <a href="/2007/vivre-mark">two marketing books and a DVD</a> from The Mark, which suggested they probably still had some selling to do. Now, as <em><a href="http://curbed.com/archives/2008/02/05/floorplan_mini_porn_the_marks_60m_penthouse.php">Curbed</a></em> points out, that seems to be the case: The penthouse and other Mark apartments have wondrous listings on the Corcoran/Sunshine Web site. </p>
<p>The best stats come from the $60 million penthouse, with its 12 rooms, five bedrooms, eight baths, and a $35,477 monthly maintenance. And the square footage, most important of all, is                          9,799.<span><br /> </span></p>
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