Manhattan Transfers

An indoor juliet balcony!

Widow of Bruce Wasserstein Ships Off East Village Co-op For $1.6 M.

If there’s one thing that shipping magnate Angela Chao knows, it’s how to move goods. Ms. Chao just sold her Greenwich Village co-op for the $1.6 million ask, according to city records.

Ms. Chao, an executive at her father’s Foremost Group and the fourth wife and widow of  the late billionaire and Lazard chief Bruce Wasserstein, must have grown tired of her two-bedroom co-op apartment at 35 East 9th Street, which sold to Nancy Bello and Michael Boghosian. They sure liked the place, though, as it enter contract after a little more than a month on the market. Read More

Wall Street

Morning Roundup: More Monetization, More Problems

  • Experts, including some Federal Reserve officials, doubt that another round of money-printing asset purchases will do much to help our flaccid economy. The central bank is revving up the monetary inflation machine anyway, so expect a few hundred billion dollars in monetary stimulus to start coming your way next week. [WSJ
  • Lazard, the Read More