You won’t find Leonardo DiCaprio at an auction house’s day sale. By stark contrast with the glamorous biannual evening sales of contemporary art at Christie’s, Sotheby’s and Phillips, those houses’ corresponding day sales, where artworks of lower value are sold—often recently-made artworks by young artists—are much more somber, matter-of-fact events. You may spot the nephew of the shipping magnate, but are unlikely to see the magnate himself.
Red Carpet Real Estate
On December 16, 2013, New Yorkers attended the 8th Annual Charity Ball to benefit Charity Water.
It was an eclectic bunch (including Princess Beatrice of York, David Lauren and Tony Hawk) that turned up to lug 40 lbs. jerry canisters of water across a 64ft. Waterwalk runway at Duggal Greenhouse in Brooklyn’s Navy Read More
Clearly, Christian Candy—one half of uber-posh London development duo Candy & Candy—was not deterred from flashy New York real estate investments by brother Nick’s recent scuffle over a pair of apartments at One57. Mr. Candy—that is, Christian—has closed on the 104-year-old Morris Mansion at 19 East 70th Street, The New York Times reports. At $35 million, the sale was (shocker!), the biggest deal of the week.
Just in time for tonight’s Presidential debate on foreign policy, Al-Shabaab, a Somali group which reportedly merged with al Qaeda in early 2012 has issued series of apparently threatening tweets on its Twitter account.
The posts were directed at the British government and referenced the “extradition and trial of Sheikh Abu Hamza Al-Misri.” Al-Misri is a one-armed cleric who will soon be extradited from the U.S. to Great Britain. He will face charges connected to a hostage incident that occurred in Yemen in 1998 as well as charges related to fomenting jihad abroad and attempting to create a jihadi training camp in Oregon in 2001.
After referencing Al-Misri’s pending extradition, Al-Shabaab tweeted the following declarations:
Lifestyles of the Rich and Famous
The Bloomberg administration continues to fight efforts to make all of its Taxis of Tomorrow accessible. But a funny thing just happened. Our perennial rival London just unveiled its own new version of their iconic black cabs. It just so happens to be designed by Nissan, and looks very much like our own. But as Capital New York deftly points out, theirs is different in one important one: The cabs are handicapped accessible.
Besides polo, Ferraris and fine dining, the wealthy elite of the world now have another common cause uniting them—London is slapping a higher stamp duty on properties valued over £2 million (it’s going from 5 to 7 percent). Worse yet, those who use offshore corporations to buy must pay a 15 percent tax bill, reports The New York Times.
Until last fall and the occupation of Zucotti Park, privately owned public spaces, or POPS, were a mystery to most New Yorkers. Ever since, people have been debating the fate of these spaces and what the city should do to ensure their accessibility at the same time to public is expected to behave themselves.
But it turns out such contentious urban space is not the sole preserve of New York. As a recent report in The Guardian reveals, our arch-nemesis London has been grappling with “private estates.”
Week In Review
The arrival of Look Back in Anger, John Osborne’s revolutionary play about anger, decay and the rage simmering beneath the surface of British losers in the 1950s, revolutionized play writing and marked the beginning of a new decade of torn T-shirts and kitchen-sink misery on the London stage and the end of the well-written, elegantly staged works of Terence Rattigan, Enid Bagnold and Noël Coward. It was hailed as an important work when it opened in 1956 at the small, experimental Royal Court Theatre off Sloane Square, an alternative to the glossy productions in the West End. It was filled with hell and fury and shouted obscenities, a “protest” play unlike any slice of realism ever witnessed by refined London audiences weaned on Ibsen and Shaw. The excitement faded fast. By the time it was turned into a film of sweat, grief and brimstone in 1958 starring a young, virile Richard Burton, its time had passed. The movie was a flop and Look Back in Anger was toothless history. Mr. Osborne was credited (and cursed) with shuttering the complacency of well-ordered British dramaturgy. Time has now born witness to a desperate need to bring back Rattigan, Coward and the others. And not a moment to soon.
New York City attracts more commercial property investment than anywhere else in the world, a report from Cushman & Wakefield released last week revealed. Gotham beat out London as the hottest investment hub, an honor it has not held since 2007.
The fashion label Alexander McQueen is currently in talks to bring the “Savage Beauty” exhibit of the designer’s work to London. The wildly popular show debuted at the Met this spring to record attendence numbers.
“We have been in discussion with a number of major venues in London for some time now however nothing has Read More