“In this day in which masters of the universe tend to act like masters of the universe, it was an incredible pleasure to work with a buyer with so much grace and humility,” Warburg broker Frederick Peters told The Observer from his office.
This upstanding buyer would be Craig Huff, the co-CEO of under-the-radar hedge fund Reservoir Capital Group, which he founded in 1998 after a stint at Ziff Brothers Investments. According to city records, Mr. Huff and wife Jacqueline Tracey Huff bought the entire sixth floor–formerly two apartments–at 993 Fifth Avenue, the limestone grandee across from the Met. They are moving from 17 East 89th Streeet.
CB Richard Ellis vice chairman Darcy Stacom has set records for her commercial real estate closings, but, according to city records, the winsome blonde and her husband, Chris Kraus, a managing director at rival brokerage Jones Lang LaSalle, recently closed a deal of their own: a $4.775 million four-bedroom at 447 East 57th Street. Ms. Read More
Russian-born finance billionaire Leonard Blavatnik isn’t used to being rejected.
So when the board at 927 Fifth Avenue told him that he couldn’t buy Mary Tyler Moore’s 5,740-square-foot prewar co-op on the eighth floor, even with $18.5 million in hand, it must have smarted.
Soon insult was added to injury, when the board of Read More