By Matt Chaban 1/17 5:47pm

on the waterfront

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His Ship’s Come In: Hedgie Michael Novogratz Named Chairman of Friends of Hudson River Park

The Friends of Hudson River Park have traded a real estate big for a Wall Street one.

Today, the West Side park booster group announced that Michael Novogratz, head of Fortress Capital, will take over from Douglas Durst, the former board chair, who left last month over a dispute about the future of Pier 40 and the direction of the trust that overseas the park.

Mr. Novogratz has been a board member of Friends for some time now, and an announcement calls him “an avid user of the park.” After all, the hedge fund manager and city’s foremost wrestling booster lives around the corner in a multimillion-dollar compound he has assembled at 110 Hudson Street in Tribeca. Read More

By Michael Calderone 7/03/06 12:00am

Coach House

Reed Krakoff, president of the fashion-accessories giant Coach, has found a buyer for his $14.995 million townhouse on East 61st Street, according to a source with knowledge of the deal.

The leather man dropped $17 million on an East 70th Street townhouse back in September, but it was just two weeks ago that he put Read More

By Michael Calderone 6/12/06 12:00am

Balazs’ Neighbors Follow Lead

Lately, there’s been plenty of activity over at Soho’s New Museum Building, located at 158 Mercer Street.

Fashion scion and Saturday Night Live producer Marci Klein is reportedly moving into an 11th-floor unit, purchased through a trust that included entertainment tycoon David Geffen.

One floor below, ritzy hotelier André Balazs is selling his Read More

By Michael Calderone 6/12/06 12:00am

Balazs’ Neighbors Follow Lead

Lately, there’s been plenty of activity over at Soho’s New Museum Building, located at 158 Mercer Street.

Fashion scion and Saturday Night Live producer Marci Klein is reportedly moving into an 11th-floor unit, purchased through a trust that included entertainment tycoon David Geffen.

One floor below, ritzy hotelier André Balazs is selling his 3,800-square-foot place Read More