By Kim Velsey 10/18/12 6:26pm

Skyscraper Living

Beautiful and sad in her tower high above the city.

Billionaires Rush in: Is One57 Running Out of Apartments?

Talk about money burning a hole in your pocket. Millionaires and billionaires apparently have quite a conflagration in their pants when it comes to One57, that shining spire rising in the sky. The still-being-built building, which has done more than $1 billion in sales, apparently racked up $300 million just this summer, according to The New York Post. Which is basically the equivalent of a penthouse (the priciest is in contract for more than $90 million) and three or four lesser units (say a few $17 million spreads on lower floors). Read More

By Kara Bloomgarden-Smoke 9/25/12 2:29pm

Cash Money

Times Building

The New York Times Company Sells Some Assets

The New York Times is having a pretty good week so far.

The New York Times Company will get a cool $100 million in net profit for their interests in Indeed.com, the job search site, reports Reuters. Japanese executive search firm, Recruit Co Ltd., will acquire the website.

This comes after yesterday’s announcement that The New York Times Company had finalized the sale of About.com to Barry Diller’s IAC for $300 million in cash. That adds up to a nice bit of change. Read More

By Alexandra Peers 2/17/11 5:37pm

Slideshow

Gagosian Buys a Warhol, as London Sales Soar

The art world is giddy in London this week, where a slew of auctions of million-dollar art are taking off. There’s been record prices for a Rodin that caused a queasy sensation in its day, a Salvador Dali of a floating poet and Warhol’s candy-red “Self-portrait”, which Larry bought (likely for a client).

Here, Read More

By Matt Chaban 12/13/10 6:15pm

Rebuilding

Sales Picking Up at Crane Collapse Condo

Numerous new condo buildings across the city have struggled throughout the recession, though none quite like the Azure on East 91st Street.

There are the typical problems, namely units that came on the market mere days before the collapse of Lehman Brothers and have sat there unsold ever since. But there is also the shadow Read More