Mo Money Mo Problems
Hamming It Up
Billionaire cabbie-turned-real-estate mogul Tamir Sapir was recently the victim of theft at his $20 million Long Island mansion after a construction worker allegedly stole four antique silver champagne buckets worth $200,000, according to Newsday. But the real crime is that Mr. Sapir didn’t even notice that his extravagant booze buckets were gone until an auction house called him months after the fact. Being a billionaire is hard!
Apparently, Mr. Sapir only learned of the theft when Sotheby’s notified him that construction worker Anatoliy Maryuk had tried to fence two of the buckets—made in France and worth $50,000 a pop—to the auction company in September 2011. Mr. Maryuk had, at this point, allegedly sold the two other buckets on Ebay.
All About the Pesos
Tamir Sapir may have sold his mansion on Fifth Avenue’s gold coast last summer, getting a whopping $44 million from Mexican mogul Carlos Slim, but this year he has found an equally impressive spread to call home for the hot months.
Carlos Slim has a thing for New York properties, from fancy mansions to middling office buildings–even a publication or two will do. With all that, you’d think the guy would need a base of operations here. And now he has one.
The big Mr. Slim just paid $15.5 million for Read More
It wouldn’t have been the biggest real estate deal of the year without at least a little drama.
When Tamir Sapir sold the majestic Duke-Semans Mansion across from the Met to Carlos Slim last summer, the brokers representing the seller, Brown Harris Stevens’ Paula Del Nunzio and Shirley Mueller, sued Sapir when the Read More
Janet Robinson, CEO of The New York Times Company, plans to pay back her company’s $250 million loan from Carlos Slim Helú in January of 2012. The payment will coincide with the launch of paywalls to generate subscription revenue online for The New York Times and The Boston Globe.
The company took out the loan Read More
Let’s all hop on for another ride on the New York Times acquisition rumor carousel! As transpired a few months ago, shares of The New York Times Co. are enjoying a nice rally today on apparent speculation that billionaire telecoms magnate, dabbler in New York real estate and Times Co. Read More
Taiwan’s forward-thinking Next Media Animation has affixed its CG gaze on the war between The New York Times and The Wall Street Journal for the city’s readers. And, thanks to the unsurprisingly fantastic result of the effort, everybody wins.
The clip may only last a minute and thirty seconds, but still manages to fit in scenes Read More
After days of speculation about the buyer of the Duke-Semans mansion—rumors abounded that the new homeowner was a wealthy Russian—the Wall Street Journal breaks the news: developer Tamir Sapir has sold his Fifth Avenue mansion across from the Met to none other than Carlos Slim, Mexican telecom giant, New York Times investor, modest Read More
Jesse Lichtenstein’s Times Magazine cover story this weekend discusses U.S. State Department diplomacy in the age of Twitter, focusing on Jared Cohen and Alec Ross — two officials who are on the cutting edge of 140-character diplomacy.
The most interesting anecdote in the piece comes from Carlos Pascual, the U.S. ambassador to Mexico, Read More