Manhattan Transfers

Mark

Cheap Recliner King Buys Expensive Pied-à-Terre

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. Read More

Lifestyles of the Rich and Famous

The Carlyle: where the costs of the high life are particularly high.

Room Service and Housekeeping Are Awesome, But Are They $455,352 A Year Awesome?

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. Read More

’08′s Biggest Apartment Offerings: Where Are They Now?

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

Is The Mark Trying Too Hard?

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 projections Read More

What A Country! Russian Mogul Could Set Record: $150 M. Apartment

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