In a press conference in a faculty room at the Low Memorial Library, it was just announced that John W. Kluge has pledged $400 million to Columbia University, his alma mater (Class of ’37). It will be a gift from his estate, half of which will go to the college. Mr. Kluge—who was in attendance Read More
Communications magnate John Kluge agreed to purchase the duplex apartment of art dealer Richard Feigen at 953 Fifth Avenue for $7 million in May. Meanwhile, Mr. Feigen has signed a contract to purchase the maisonette apartment at 960 Fifth Avenue, just one block north, at 77th Street, for $6.5 million.
“I got married recently, and Read More
Li Lu, a student leader in the Tiananmen Square uprising, has jumped headlong into the bull market. In January, he rented two rooms of office space on the 15th floor of 660 Madison Avenue, and, equipped with a phone, a computer and a Bloomberg machine, he got to work investing other people’s money, running a Read More
