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    The CO’s Big Night Hanging With Scott Rechler and The New York GiantsJohn Grotto Parts Ways With The Durst OrganizationPresident Obama to Celebrate Flag Day at 1 World Trade Center
    By Max Abelson 5/22/09 1:58pm

    Candle Building at 11 Spring, Once $40 M. in Better Times, Now $26 M.

    The world was such an innocent place in early September! Lehman Brothers wasn’t yet in bankruptcy, George Bush was still president, and the massive 19th-century brick house at 11 Spring Street, nicknamed the Candle Building, was on the market for $39.8 million.

    Caroline Cummings, the 20-something real estate heiress who had bought the place Read More

    By Max Abelson 9/09/08 11:30pm

    Whooosh! 11 Spring Makeover Includes Dual-Flush Toilets; $17.95 M. Triplex

    “We were admiring your security cameras,” a man in a paint-splattered Ralph Lauren polo shirt said last Sunday afternoon, standing next to his wife outside of 11 Spring Street. “We need some for our building.” He was talking to Caroline Cummings, the 27-year-old who bought 11 Spring from Rupert Murdoch’s elder son, Lachlan, exactly two Read More

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