15 Central Park West penthouse sells for $46.7M

first_img Full Name* Email Address* NYC Luxury MarketResidential Real Estate Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink The seller was Dr. Lindsay Rosenwald, the chief executive of pharmaceutical company Fortress Biotech. He bought the unit in 2008 for $30.5 million and put it on the market in September 2019 for $65 million.Listing broker Felise Gross of Brown Harris Stevens said Rosenwald listed the penthouse because he “just wasn’t using it.”The unit’s 19 months on the market included three months early in the pandemic when home showings were banned, but the length of the listing likely had more to do with aspirational pricing and doubts about Manhattan and its luxury market, which has only recently begun to recover from a multi-year slump.The transaction also included a studio apartment for staff, a wine cellar and two storage units.Gross, who represented Rosenwald with BHS brokers David Kornmeier and Diane Abrams, dropped the asking price in January by 11 percent to $57.9 million. Though the final sales price was more than $11 million lower, Gross said the doctor was happy with the deal. He received $16 million more for the duplex than he paid.“In this market I think the seller was very happy and he did very well,” she said. “The apartment is one of the finest in New York.”The unit has an internal private elevator, five bedrooms, 1,070 square feet of outdoor terraces overlooking Central Park, a gas fireplace and south- and west-facing views.Sales in Manhattan have picked up in recent months as sellers and developers accept discounted offers from buyers aiming to capitalize on the moment.Contact Erin Hudson Message* Tags Share via Shortlink 15 Central Park West penthouse and Lindsay Rosenwald (Google Maps, BHS, Fortress)A sprawling penthouse at 15 Central Park West sold on Tuesday for $46.67 million, 28 percent less than its first asking price.The 5,902-square-foot duplex is on the 18th and 19th floors of the renowned condominium designed by architect Robert A.M. Stern.The property went into contract and closed in one day to an unknown buyer who purchased the unit through a Delaware-registered limited liability company.Read moreExtell sells One57 sponsor unit for $17M“We are recovering”: Manhattan home sales finally increaseDeep discounts for “bottom fishers”: How 3 deals show the state of Manhattan’s buyer’s marketlast_img read more

IS IT TRUE MAY 25, 2018

first_imgFacebookTwitterCopy LinkEmailShare We hope that today’s “IS IT TRUE” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way?IS IT TRUE back in March of 2018 the Director of the Evansville DMD publically stated that; “ECHO Housing is an important partner for the Department of Metropolitan Development. ….that the DMD’s Director Kelley Courses also made the following statement concerning DMD continue financial support of ECHO HOUSING?  …he said “We’re going to continue without missing a beat’. “We’re going to support ECHO just the same as we always have”?  …we wonder if he will make the same commitment after the results of the EPD criminal Investigation and the Forensic Audit is completed and made public?IS IT TRUE we are told that several people feel that the Evansville 3rd Ward City Councilmen G. John Hayden statement that he is a Certified Public Accountant everytime someone talks about financial matters at Council meetings is getting a little old? … at last Mondays Council meetings 3rd Ward City Councilman G. John Hayden, CPA that tried to convince members of City Council to allow ECHO HOUSING to continue to do business as usual even though they are being currently being investigated by the EPD for financial improprieties and undergoing an extensive Forensic Audit?  …we commend several non-Certified Public Accountants City Council members for stopping G. John Hayden, CPA  from getting his way with allowing ECHO Housing to continue to do business as usual?IS IT TRUE we got a kick out of the recent comment made by the acting Director of ECHO Housing Chris Metz that he couldn’t release a copy of the completed Forensic Audit because it is considered to be a part of a criminal investigation being conducted by the EPD?  …that someone needs to tell Mr. Metz that all we want to know at this point is how much money is missing from the ECHO HOUSING bank accounts without naming people who may be involved in stealing agency funds?IS IT TRUE we can guarantee Mr. Metz that the area media won’t quietly stand by and allow the Forensic Audit of ECHO Housing to remain confidential without filing a Public Information Request with the City, DMD, and ECHO Housing?  …we predict when that happens the media will be successful in getting a copy of Forensic Audit of ECHO Housing and will make it public? …all we can say is;’Hello Big Red Truck, ECHO Housing is funded by taxpayers dollars”?IS IT TRUE that the Vanderburgh County Commissioners hosted a first-ever “Vanderburgh County Board Appointment” luncheon yesterday?  …that this luncheon was publically advertised so all three County Commissioners could attend this worthy event?   …to our surprise, this function was not only well attended but was very productive and engaging?  …that this lunch was the brainchild of Vanderburgh County Commissioner Cheryl Musgrave?  …this type of event was also the first time that the County has ever hosted such lunch? …the event was so popular that our County Commissioners has wisely decided to host these lunches quarterly? …the CCO would like to applaud Commissioner Musgrave for thinking outside the political box by creating this event?  …we also give five (5) cheers to County Commissioners Bruce Ungethiem, Cheryl Musgrave and Ben Shoulders for continuing to be “good listeners?”IS IT TRUE the Vanderburgh County Old Courthouse Committee is hosting another “Lunch on the Lawn” today from 11 am until 2 pm outside of the Old Courthouse?  ….that the OCHF (Old Courthouse Foundation) in conjunction with Vanderburgh County officials will provide food trucks of all kinds, family-friendly events?  …we urge you to attend this event because we are confident that you will enjoy this fun luncheon?IS IT TRUE we are hearing that the Evansville Water and Sewer Board may be increasing our water and sewer rates again sometime this coming budget year? …if they continue to raise our water and sewer rates a fifth of Jack Daniels will cost less than a fifth of Evansville Water?IS IT TRUE we wonder what the status of the Evansville Water and Sewer Utilities lawsuit against the owners of the McCurdy?IS IT TRUE we hope that members of the Evansville City Council will give the Evansville Water and Sewer Department proposed 2019 Budget a close look? … it’s a well-known fact that the Evansville Water And Sewer Department has quietly advanced the City of Evansville many of millions of dollars over the last several years so the city can pay past and current bills?  …it’s a well-known fact that the Evansville Water and Sewer Department also has a reputation of providing numerous political patronage jobs?IS IT TRUE when the Mayor of Evansville and his buddies recently visited our sister city in Germany he left his Deputy Mayor, Steve Schaefer to run the city in his absence?  …we commend Steve Schaefer for doing a credible job in running the city in the Mayor’s absence?IS IT TRUE that the University of Evansville has long been a good value inspire of its high priced tuition?…UE has been a stepping stone to elite graduate schools and has challenged students in a way that launched many a successful career?…UE just raised its ranking by 10 spots to be named the #3 value in the Midwest in its class of institutions of higher learning?…this designation is an honor that should fill the people of Evansville with pride?IS IT TRUE that the University of Southern Indiana also known as USI has also, reached an important milestone with an enrollment of 11,033 students for the 2017-18 school year?…USI has grown from a regional branch campus of Indiana State University to a stand-alone college of over 10,000 students during the last 40+ years since it started in temporary facilities?… the City of Evansville is fortunate to have both UE and USI along with IVY Tech?…between these three institutions every person has an affordable opportunity to a good education without leaving the City of Evansville?Today’s “READERS POLL” question is: Do you feel that the Henderson Methodist Community Hospital Board of Director should hold a public meeting to discuss the future of the Hospital?Please take time and read our articles entitled “STATEHOUSE Files, CHANNEL 44 NEWS, LAW ENFORCEMENT, READERS POLL, BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS”.You now are able to subscribe to get the CCO daily.If you would like to advertise on the CCO please contact us [email protected]last_img read more

Allied posts positive figures thanks to price increases

first_imgAllied Bakeries, the company behind Kingsmill, Burgen, Allinson and Sunblest, which is part of Associated British Foods (ABF), has shown “substantial improvement” over the past year in provisional figures announced ahead of the interim results to 1 March 2008.In a statement, ABF said: “The UK bakery business benefited from improvement in operational performance, higher volumes and achievement of price increases that recovered higher wheat costs.”In ingredients, the Brazilian yeast business benefited from lower operating and molasses costs. The expansion of the Argentinean plant had created one of the lowest cost plants in the world, said ABF. Increased demand led to further investment in yeast and yeast extract capacity in north-east China.ABF sold its UK-based emulsifier business in February.last_img read more

Town Mill Bakery looks to the future

first_imgDespite the closure of its Tudor Arcade shop this week, Town Mill Bakery is looking to the future with the opening of a new shop in Plymouth in October and plans for additional bakeries.Its Dorchester shop in South Street was forced to close on Monday (5 September) after high increases in rent and business rates left owner Clive Cobb with no other option.He blamed “greed” for the closure of the outlet, and said he had been frustrated in his attempt to reverse a 61% rise in rent, and 53% in business rates, which came into effect last October.Cobb told British Baker that while he was paying £30 per sq ft for rent and £20 per sq ft for business rates at his Dorchester restaurant, it was struggling to make £200k a year, while at his Lyme Regis shop, he has been paying £10 per sq ft for rent, and taking around £350k. From now on, he said he would not look to open outlets in an area, simply because it was perceived to have high footfall, but would look to open in places that people like to go and visit, relax and have fun, and that don’t cost a fortune to visit.“Landlords charge you for what they perceive as footfall,” said Cobb. “But on the high street, footfall is falling due to a lack of inspiring places to go, and also the issue of paying for parking in town. It’s like having to have an admission ticket to go into your own town centre.” Cobb added that he’d noticed a lot less customers walking past his door in recent times, and a lot with less money.The new site in The Royal William Yard in Plymouth is due to open on 14 October, and Cobb has plans to open another bakery in Poundbury in the near future. He said the Plymouth site would open under a different name – The Royal William Bakery, and feature different branding to the Town Mill Bakery, which he said would also be part of the new business model going forward.“I want the shops to develop their own personalities, and be places that encourage relationships with their customers, rather than just transactions,” explained Cobb.last_img read more

Spafford Welcomes Cracker’s David Lowery In Georgia

first_imgEager fans gathered in anticipation last Wednesday for Spafford‘s debut performance in Athens Georgia and they were not disappointed! After Spafford’s customary “Soundcheck Jam”, their two sets included a groovin’ 19-minute “Minds Unchained”, an uplifting 13-minute “Windmill”, and a tasty “In the Eyes Of Thieves” into JJ Grey‘s “On Fire”. However the most memorable and surprising moment of their peach-state debut was when Spafford brought up longtime songwriter-rights advocate and University of Georgia professor, David Lowery, to close out the first set with Cracker original, “Low”.David Lowery, in addition to being the founder and co-founder of “Camper van Beethoven” and “Cracker” respectively, is most well know for his fight for songwriter royalties from digital distribution services like Spotify and Pandora. An established professor in UGA’s Music Business program, Lowery has brought to light the prevalent issues of digital music services taking advantage of copyright loopholes and neglecting to pay songwriting royalties, or mechanical rights, to the artists. In the complex system of royalties for online music distribution Lowery is an outspoken advocate for musician’s rights to their songs, and while his lawsuits may fizzle out in court it highlights a bigger issue of importance whereby creative artists are compensated for their work in the digital age.Conversely, jam band fans have historically opted not to monetize the taping and sharing of live performances, which is what makes their live performances so amazing and this sit-in so surprising! The 6-minute “Low” was met with cheers as audience members recognized the acoustic guitar bearing staple of their community. By the time the chorus came around, bewilderment turned aside and a hundred voices sang in unison. There was no doubt in the crowd’s mind that they were witnessing a rarity inside the historic 40 Watt Club.So while David wont get songwriting royalties on the audience recording of Cracker’s biggest hit, his unexpected collusion with Spafford paints a more poignant picture: that beautiful 6-minutes of keyboard riffin’, bass groovin, and guitar soloin’ brought together two unlikely heroes and will surely resonate in the hearts of music lovers as a moment of solidarity across genres.Setlist: Spafford | 40 Watt Club | Athens, GA | 10/25I: Plans, It’s a Bunch > Mind’s Unchained, Windmill, People, Low*II: Lonely, The Remedy, In The Eyes Of Thieves > On Fire^, All InE: Todd’s Tots*Cracker – with special guest David Lowery (of Cracker)^JJ Grey[photo by Tipping Point Designs]last_img read more

Irving Oil takes gas savings to the streets of Rutland

first_imgIrving Oil is offering even more opportunities to save on gas this summer by taking savings directly to customers through Irving Rewards. Over the next two weeks Irving street teams will be traveling throughout New England giving away thousands of dollars in Irving Gift Cards to customers at select locations as part of the Irving Rewards program.In Vermont, the Irving Rewards street team will be at the Rutland Rte 7 Irving located at 258 South Main Street on Wednesday July 20th from 11AM ‘ 2PM. Customers that fill up will receive an Irving tote bag that could contain gift cards ranging from $20 to $100. In total, $1,000 in gift cards will be distributed to customers at the Rutland location.Irving Oil launched its new Rewards gas savings program for customers on June 1. Irving Rewards allows visitors to over 300 participating Irving locations in Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rhode Island to save at the pump and possibly win free gas for a year. In Vermont, customers can save at 28 participating Irving locations.Every $200 in fuel purchases earns 10 cents off per gallon at the next fill-up. Customers can obtain an Irving Rewards card, register it online at theirving.com/rewards, and use it at every fill-up at participating Irving locations. When the card recognizes $200 in fuel purchases, it will automatically roll back the price at the next visit. The more drivers fill up at Irving between now and August 31st, the more they’ll save on gas this summer.Customers who register their card online are also entered to win one of six prizes of free gas for a year or one of 100 Irving gift cards for $100.The Irving Rewards promotion runs through August 31st, 2011 for earning rewards, and all rewards are redeemable 30 days from when they are earned. For more information on Irving Rewards, visit theirving.com/rewards.About IrvingIrving Oil was founded in 1924 and is a privately owned regional refining and marketing company. Irving Oil operates Canada’s largest refinery, just over the border in Saint John, N.B., and has nearly 900 service stations and travel plazas in New England and Eastern Canada. In 2003, Irving Oil became the first oil company to receive a U.S. Environmental Protection Agency Clean Air Excellence Award, for its clean gasoline. For more information about Irving Oil, visit theirving.com.last_img read more

Headless Animals, Opossum Shooting Probed

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York The Suffolk County SPCA is asking for the public’s help in finding who shot this opossum in the face.Two decapitated animal heads were found in East Northport on Tuesday, the same day an opossum was discovered to be suffering from pellet-gun wounds in Holtsville, Suffolk County SPCA investigators said.The pair of severed heads—belonging to either sheep or goats—was in a plastic bag near the intersection of Elwood and Warner Roads in East Northport, authorities said.“We find this deeply disturbing,” said Roy Gross, chief of the Suffolk SPCA, noting that it’s the second time in less than a year that animal remains have been found in the same area.The Holtsville resident who reported finding the opossum alive in a garbage pail took it to a veterinarian who determined that the animal had been shot in the face with a pellet gun, officials said.“This is a blatant act of animal cruelty and we will do everything we can to see that those responsible are apprehended,” Gross said of the opossum shooting.The animal head case comes after a bag of decapitated animals was found Deer Park last year, 18 headless chickens were found in Manorville in 2011 and a beheaded goat turned up in Islip in 2009.Anyone with information is asked to call the Suffolk County SPCA at 631-382-7722.last_img read more

‘Drop everything, scramble’: Singapore’s contact trackers fight coronavirus

first_img“We have to drop everything, scramble and figure out where these patients have been,” said Philip, an employee of Singapore General Hospital (SGH), who wore spectacles and a bowtie.He typically tries to jog patients’ memories by asking them about their meals, all the way from breakfast to supper.”Because once they can remember who they sat down with for a meal, that would give a rough estimate of the number of people in their surroundings, and they can usually remember what they did,” Philip added.Singapore has won international praise for its painstaking onslaught on the virus, which has infected almost 135,000 people and killed more than 4,900 worldwide. Initially, it had one of the highest tallies of infections outside China, but other nations have since outpaced it.How seriously the Asian travel hub takes the virus fight was highlighted last month, when it charged a Chinese couple with giving false information about their movements to authorities looking to trace their contacts.Philip, who once had to do a patient interview at 10 p.m., usually has two hours to gather all the information he can about patients’ whereabouts, travel history and contacts in the two weeks before they come to hospital.He also relies on work calendars, diaries in Microsoft’s Excel app and receipts, as well as hospital records, to identify health workers the patients encountered.He gives the results to a health ministry team that speaks to individuals figuring in interactions, and sometimes tap police and security cameras to find those at risk.Singapore aims to gather a full picture of patients’ movements within 24 hours of confirming infections, helping to identify close contacts and quarantine them. It has quarantined 4,550 people.Even if it is tough to get ill people to recall small details, it helps to keep cheerful, says Philip, who gained his experience by tracing patient contacts for other diseases, such as measles.”You have to be very, very patient with them,” he added. “Don’t get angry, because, just like you and me, most of us can’t remember a lot of things.”Topics : After a coronavirus outbreak began to disrupt lives and activity in Singapore late in January, Conceicao Edwin Philip keeps himself ready to rush to hospital at a moment’s notice, if summoned.Philip is not a doctor or nurse, but his work, using a telephone to question patients separated from him by two glass walls, has become crucial in the Asian city-state’s fight on the virus, which has caused 187 infections in Singapore.As one of a team of contact tracers, Philip, 31, swings into action as soon as virus patients are diagnosed, to piece together the jigsaw of their prior movements and contacts.last_img read more

As world cowers, China glimpses coronavirus aftermath

first_imgTopics : Masks and temperature checks are essential to enter most places and many eateries are banning diners from facing each other in a mass “social distancing” campaign — no easy task in the world’s most populous nation.Beijing retiree Wang Huixian was among a dozen women practicing the national pastime of dancing in unison to music from portable speakers in a public park — but now with a gap of three meters between them.”During the epidemic, everyone was very tense and afraid. So we want to relax now,” said Wang, 57.But she added: “Everyone is cautious and keeping a distance from each other to avoid getting infected.” Alongside more than 3,200 deaths and over 81,000 total infections, the coronavirus outbreak has left further scars.China, the world’s second-largest economy, was shut down for weeks, with factories silent and massive cities locked down.The pain from that is expected to persist, with a surge in joblessness and many businesses gone bust. Restaurants are reopening, traffic and factories are stirring, and in one of the clearest signs yet that China is awakening from its coronavirus coma, the country’s “dancing aunties” are once again gathering in parks and squares.As the rest of the world runs for cover, China — where the virus first emerged — is moving, guardedly, in the opposite direction as domestic infections fall to nil following unprecedented lockdowns and travel restrictions.But ordinary life is far from normal. Sense of relief Most of the country is now slowly lifting restrictions and people are returning to work, unlike many Western countries where governments have ordered sweeping restrictions not seen during peacetime.Many European countries are in near-total internal lockdown, and popular tourist spots are deserted.But after weeks of empty streets and citizens sheltering at home for safety, Shanghai has transformed in recent days.Cafes and some tourist sites have reopened, and residents of China’s biggest city are re-emerging for tai chi in the park, or to take selfies along the riverfront under bright spring sunshine.”I was very scared. A sense of fear persisted,” said 50-year-old Zhang Min, the owner of an office-supply company, while strolling in a Shanghai park.”But now all is good… not like the people overseas who are engaged in panic-buying.”The flow of daily commuters into Shanghai’s financial district is picking up and some inter-provincial travel restrictions have eased.However, many provinces and cities like Shanghai now require citizens to show a downloaded QR code on their mobile phone that rates them as “green”, “yellow” or “red” — based on tracking of whether they visited a high-risk zone — before entering many businesses.”My feeling is that people with [virus] issues can’t come out, but people who can are safe, so we’re reassured,” child-care worker Lai Jinfeng, 41, said while strolling the Shanghai’s famous Bund.People shrink from an offered handshake, many restaurants have removed half their chairs to disperse customers, and other restrictions on large gatherings remain in place.And the now-ubiquitous face mask is being worked into cosmetics routines, with online beauty influencers instructing millions of women on applying make-up only to the upper half of the face, without staining the mask itself.President Xi Jinping declared during a March 10 visit to the still locked-down epicenter city of Wuhan in Hubei province that China had “turned the tide,” and a top economic official said Tuesday that 90 percent of businesses outside Hubei were operating again.But as China emerges from the worst of the virus on its soil, the costs of the pandemic will become clearer in the coming weeks and months, analysts say.”Basically before the epidemic, last year, my business was very good, but not now,” said Cai Qizhen, 52, who runs a small cobbler’s shop in Shanghai.”Now basically I don’t come in the morning… and I’m finished by 3 pm with nothing left to do.”last_img read more

Fixer downers: DIYers coming unstuck

first_imgLadder-falls are the most common DIY injury. Photo: ThinkstockMr Campbell said another big risk for DIYers in Queensland was asbestos.“Most people don’t realise what’s asbestos. Things like the glue under vinyl tiles, silicones used back in the day, the rope used in old ovens, downpipes and water pipes can all contain asbestos,” he said.“People will go smash a wall out not knowing its asbestos and they’ve gone and exposed their whole family to it. “Get a professional in at the start to point out where (the asbestos) is, even if you don’t want to remove it, just so you know where it is.”Being a qualified asbestos remover, Mr Campbell said he had seen plenty of DIY fails involving the material. “I had one (homeowner) cut through asbestos. It got into the aircon and went through the house,” he said. “There were fibres on everything so every single personal possession including photos, couches and the TV had to be thrown out.” Handyman business, Hire A Hubby, surveyed Australians and found injuries weren’t the only downside of amateur renovations. Nearly one third had tried to fix something themselves only to make it worse, and close to 60 per cent had to call in an expert to fix the problem. More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoBrendan Green, Hire A Hubby executive officer, said people should stop and think before dabbling in DIY. “Always look at your options before DIY – if you’re confident, make sure you have the right tools and consider safety as a priority,” he said.“If the job is too much, call your local handyman and we’ll come over do it for you.” Chris and Tiffany Campbell found painting the exterior of their home the most challenging part of their renovation. Picture AAP/David ClarkMr Campbell and his wife Tiffany have recently renovated their 1940 California bungalow in North Ipswich and even they found some things were beyond their expertise. “The hardest thing was getting a good finish on the exterior paint,” Ms Campbell said. “We hired professional tools to try do it ourselves but it was a costly exercise. “It looks easy but it’s not when you’ve got 100-year-old paint and casement windows. “In the end it was much easier to get professionals in.” Ms Campbell said as a non-professional there were still plenty of tasks she was comfortable tackling herself. “Hanging curtains, sanding floors, puttying – it’s all quite easy to do,” she said. “And give the internal painting a go. You can’t fail at painting inside.”Mr Campbell said structural, wet area and electrical jobs should be left to qualified tradesmen. “Legally you can’t touch electrical and when it comes to structural jobs like decks, a lot of people build things that aren’t to code because they don’t know the right fixings or materials to use,” he said. “Don’t attempt bathrooms unless you’re a professional – they need to be waterproofed and they need to have falls a certain way. “I had one bloke where we’d prepped the bathroom and he jumped the gun and tiled the floor himself. “I turned the shower on and the water missed the drain and went out the door.” Tiffany and Chris Campbell renovated their North Ipswich Queenslander. Picture AAP/David ClarkTHOUSANDS of wannabe home renovators are ending up in hospital with injuries ranging from concussions to amputated fingers thanks to attempts at DIY.Data from the Australian Institute of Health and Welfare revealed 3318 Australians were hospitalised as a result of an injury from a DIY job in a single year. The most common causes of injuries were ladder-related falls (38 per cent) followed by powered hand tools and household machinery (29 per cent) and falls from buildings or structures (13 per cent).Men accounted for 81 per cent of the wounded. Digging further into the gory details, 11 per cent of powered saw related injuries were partial or complete amputation of a finger and 17 per cent of powered nail gun injuries resulted in an open palm wound. DIYer and professional builder Chris Campbell, of Blue Built, said he had heard of plenty of amateurs coming off second best when attempting projects around the house. “You often hear horror stories about chainsaws – people trying to cut back trees and the chainsaw kicks back into their face. I’ve also heard about grinder blades exploding and lots of people falling off ladders,” the tradie said.“Ladder injuries are probably the most common. A lot of older blokes push themselves too far and their balance isn’t what it used to be.” last_img read more