We’re not surprised that the man who famously used The Art of War as his professional bible made a killing on his Midtown pied-a-terre. Michael Ovitz, who built his reputation and a small army of enemies as the soft spoken, bludgeon-carrying leader of the Creative Artists Agency, didn’t just make a profit off the sale of his Metropolitan Tower condo, he made a 577 percent profit.
This is, after all, the same guy who managed to emerge with a severance package of some $38 million in cash and $131 million in stock options when he was canned as president of Disney after a year on the job, a shove out the door so generous that shareholders sued (they lost, of course). Even when he loses the war, Mr. Ovitz still takes home the spoils.
Everything is bigger in Texas, even the Manhattan pieds-à-terre.
A.R. “Tony” Sanchez, Jr. has just sold his soaring 3,549-square-foot condo on the top floor of the 76-story Metropolitan Tower for $7.775 million, according to city records filed Feb. 7. The Laredo-based oilman and investor, who was the Democratic candidate for governor in 2002, bought two neighboring Read More
Plenty of apartments throughout the city feature windows prominently—for example, this penthouse with a 25-foot-wide glass skylight—but not many have over 100 feet of floor-to-ceiling windows that puts Central Park at your feet like this midtown condo at 146 West 57th Street.
The nearly 2,100-square-foot, $4.4 million Corcoran listing is reconfigurable Read More