Manhattan Transfers

A classic Fifth Avenue building

Prescott Investors Founder Takes an Interest in 1030 Fifth

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. Read More

This Wacky Century 21

The Next 100 Years: A Forecast for the 21st Century
By George Friedman
Doubleday, 253 pages, $25.95

The destruction of the three Battle Stars will be planned for November 24, 2050, at 5 P.M. At this time on Thanksgiving Day most people in the United States would be watching football and napping after Read More

Iraq in the Cold Light of Day: A Post-Election Refresher

America’s Secret War: Inside the Hidden Worldwide Struggle Between America and Its Enemies, by George Friedman. Doubleday, 354 pages, $25.95.

The War for Muslim Minds: Islam and the West, by Gilles Kepel. Harvard University Press, 336 pages, $23.95.

America Right or Wrong: An Anatomy of American Nationalism, by Anatol Lieven. Oxford University Press, 274 Read More