The Eight-Day Week

Easter eggs adorned in traditional Sorbi

To Do Sunday: Easter Promises

If you’re in Manhattan for Easter and feeling too old to hunt for marshmallow Peeps or dyed eggs, hit the delicious Easter Breakfast Buffet at Café Carlyle with omelet and carving stations and lots of other tasty treats like sugary holiday muffins and apple tarte tatin. The scene verges on the non-punk blue-tinted-hair ladies who Read More

The Eight-Day Week

KAZAKY.

To Do Saturday: Strut Their Stuff

Ukrainian boy band KAZAKY are kicking off the worldwide premiere of their The Secret Mission Tour at XL Nightclub. Former fans of ’NSync and the Backstreet Boys be warned: KAZAKY, made up of Artur, Oleg, Kiril and Stas, were assembled in Kiev in 2010 and are best known for wearing stiletto heels in videos and Read More

Stratospheric Sales

But is it art?

This Apartment Is Art, And Other Specious Claims to Justify Exorbitant Asking Prices

Today, the Pierre penthouse—what may well be the most lavish penthouse in all of New York—officially hit the market for $125 million—which is definitely the most lavish asking price in all of New York. It is also a full $55 million more than the penthouse was asking (and not getting) in 2007. But it’s art, you see.

“Because this is a one-of-a-kind penthouse, it was hard to set a price because nothing really compares. I think of it, and I believe the buyer will see it, as a work of art,” Sotheby’s broker Elizabeth Lee Sample told The New York Times, which reported the listing this morning. Read More

Der New Yorkishe Beobakhter

Photo courtesy Wikimedia Commons.

Governor’s Office Rumored to Be Negotiating Sale of Marcy Armory to Satmar Factions

The Satmar Hasidim of South Williamsburg have their own schools, their own ambulance service, their own police and their own courts. And soon, they may have their own armory.

Rumors have been swirling within the community that Governor Andrew Cuomo’s office, represented informally by Orthodox businessman Abraham Eisner, is on the verge of concluding a deal between the warring Satmar factions—led by the late Grand Rebbe Moshe Teitelbaum’s two sons, Aaron and Zalman—over disputed property.

The two factions, according to the rumors, would jointly purchase the 165,166-square foot, 3.2-acre Marcy Armory from the state, which has been trying to offload the property. The armory would be physically divided between the two camps, though the Zalmanites would pay more than the Aaronites. In exchange, the Aaronites would renounce their claims—claims unlikely to be backed by secular courts—on summer camps in Ulster County and a matzoh bakery on Broadway in Williamsburg. Read More

Greedy Bastards

SAC Capital

SAC Capital’s Senior Technology Portfolio Manager Arrested In Growing Insider Trading Scandal

The federal government’s investigations into billionaire Stephen A. Cohen’s hedge fund SAC Capital culminated today in the arrest of one its top portfolio managers who was responsible for technology investments. According to the New York Times, Michael Steinberg, who was arrested at his Park Avenue apartment this morning, became the most senior official of the company to be arrested in the SEC’s ongoing investigation into the hedge fund for insider trading. Read More

Closing Time

(Photo: Vyou)

Video Q&A Site VYou Shutting Down Its Consumer Product Next Week to Focus on Celebrity and Media Clients

VYou, the NYC-based video question and answer site that raised $3 million back in May 2011, will be shutting down its consumer-facing product next week. The company, which operates from an office in SoHo, sent out an email to users today announcing that they will no longer be able to upload videos starting April 3rd. By April 5th, the site will shut down completely. Read More

Visiting Dignitaries

Not how you will look in Glass. (Photo: In.com)

Famous People like Soulja Boy, Brandy and Neil Patrick Harris Already Forming Google Glass Clique

Though Google Glass makes even models look vaguely dorky, a host of celebs are lining up to try them out. Stanford computer science PHD student Andrej Karpathy analyzed the winners of the #ifihadglass contest and pulled them into a neat little table organized by follower count. The result makes it super easy to see which celebrities were chosen as part of the lucky 8,000 winners of a Glass explorers kit. Read More