Lifestyles of the Rich and Famous
Michigan discount furniture magnate Archie Van Elslander just picked up a pad at The Mark, and something tells us he won’t be furnishing it with items from Art Van Furniture, his Warren, Michigan-based company.
The Mark, perched on Madison Avenue at 25 East 77th Street, has had a tough time selling since its pre-recession cond-op conversion, though the hotel has had no such problems of late. During Hurricane Sandy, it served as a temporary home to a handful of notable downtown refugees, including Anna Wintour, Marc Jacobs, Katie Holmes and Russell Crowe.
For a lot of people, $455,352 is the kind of money that buys a nice house in the suburbs or a one-bedroom apartment in New York. But for some, it’s just the cost of annual maintenance fees on an apartment at one of the city’s hotel co-ops.
Paramount Pictures chairman Brad Grey drops a half-a-million dollars a year for the maintenance fees on his 3,000-square foot apartment at the Carlyle, The New York Times reports, which charges the city’s highest monthly maintenance fees of $10.23 per square foot. And he had to shell out $15 million to buy the apartment in the first place.
If Schnabel, Sting, Astor and friends sell apartments, look out! Luxury might be back. Read More
Late last month, the $51 million duplex penthouse at Trump Park Avenue quietly came off the market, a year after the Elliman broker Victoria Shtainer listed the 6,200-square-foot sprawl, and seven years since Mr. Trump bought the building. “We haven’t sold it,” Ms. Shtainer said this week. “The timing was not good, so I Read More
Until this week, when news broke that hedge fund manager John A. Griffin paid $32.25 million for a co-op at 1030 Fifth Avenue, New York’s 10 most expensive residential listings looked more or less doomed. The thinking went that none of the three townhouses and seven apartments, each asking (officially or quietly) over Read More
Listings for the massive Mark, the 1927 hotel at 25 East 77th Street, have hit the Internet–and the penthouse is there too, which can only mean only one thing: After a long, strange media hubbub, it still hasn’t been sold.
Remember when The Post had a massive front-page article on billionaire oilman Len Read More
As the only hotel in Manhattan with its own "curator," it is perhaps fitting that The Mark has published a set of Tashcen-esque glossy coffeetable books "introducing" the newly designed, landmark Upper East Side hotel-turned-condo.
Such an expensive marketing blitz calls into question the media hype surrounding The Mark’s renovation and the bullish Read More
Russian-born and Harvard-educated finance billionaire Leonard Blavatnik has signed a letter of intent to buy a $150 million apartment on East 77th Street, The New York Post is reporting this morning.
"The price would be twice as large as the previous record listing in New York City, and nearly $50 million more than last year’s Read More