It must be a good time to buy real estate. After plunking down $10 million for a Palm Beach mansion in February Thomas Smith and wife Diane have scooped up a four-bedroom co-op at 1030 Fifth Avenue for $15.5 milllion.
Does Mr. Smith, the co-founder and president of Prescott Investors, know something about the real estate market that makes now a good time to buy? Or is the octogenarian, who lists his company’s Greenwich address on the deed, downsizing from some larger place elsewhere?
If there’s anything better than buying right now, it might be selling, especially if the Smiths have an even more luxurious place tucked away elsewhere in the city.
Bed Bath & Beyond sells some lovely home furnishings, but it is not exactly Park Avenue caliber. So will Marty and Rebecca Eisenberg be stocking their new home with OXO utensils and Simple Human garbage cans, or are supplies from Williams Sonoma in order? And will there even be room for anything besides the big Read More
With the real estate market tougher than an NFL front line, Tiki Barber deserves credit for not fumbling the $3.495 million handoff of his East 69th Street apartment. The former New York Giants running back sold his sprawling co-op at 333 East 69th Street for the original October listing price. Mr. Barber, whose name appears on Read More