Madoff Game On the Way
cityfile · 05/04/09 08:21AMAutoZone Founder Buys at the Majestic
cityfile · 05/04/09 07:59AM
• J.R. "Pitt" Hyde III, the founder of the auto parts chain AutoZone, has paid $11.75 million for an eighth-floor, three-bedroom apartment at the Majestic on Central Park West. [Cityfile]
• Robert Meers, the former CEO of Reebok who has gone on to start the apparel company Lululemon Athletica and who runs Taryn Rose International, has purchased a 16th-floor condo at 15 Madison Square North with his wife Miriam Kelly for $3.8 million. [Cityfile]
• The Cove Neck mansion that used to belong to Grammy-winning producer Ric Wake has gone into contract. It was listed for $4.99 million. [Newsday]
Maybe You Should Stay in NYC After All
cityfile · 05/04/09 07:46AMIf the economic downturn has you thinking about leaving New York, you may be a little bummed by some of your "recession-proof" alternatives. According to a new survey, the locales at the top of the list of best places to live in a recession include Jacksonville, NC; Rochester, Minn; and Kennewich, Wash., which is doing just fine thanks to the numerous jobs available at its nuclear waste disposal facility. [MSNBC]
Edward Norton: Bleecker St. & Charles St.
Valerie Flame · 05/04/09 07:32AMHappy Birthday
cityfile · 05/04/09 07:16AM
Kimora Lee Simmons has good reason to munch on some cupcakes today. It's her 34th birthday. Given the events of the past year, former AIG chief Hank Greenberg probably isn't in the mood to celebrate, but it's his 84th birthday all the same. Others turning a year older today: Comedian Will Arnett is 39. Lance Bass is turning 30. Columnist George Will is turning 68. Actor Richard Jenkins is 62. Former SNL castmember Ana Gasteyer is turning 42. ESPN reporter Erin Andrews turns 31. Pia Zadora is 55. Gallerist Jeanne Greenberg Rohatyn is 42. And two of the city's top lawyers, Ed Herlihy and Paul Roth are turning 62 and 70, respectively.
Costume Institute Drama, Chelsea Wedding Rumors
cityfile · 05/04/09 06:23AM
• It wouldn't be fashion's biggest night without a bit of drama thrown in to spice things up. Naomi Campbell, Linda Evangelista, and Christy Turlington are reportedly skipping the Costume Institute gala this evening, possibly because Kate Moss was chosen to co-chair the event; meanwhile, Karl Lagerfeld, Azzedine Alaia, and Domenico Dolce and Stefano Gabbana are all staying home, perhaps because Marc Jacobs has "commandeered the event" by buying two tables and dressing Moss, Madonna, and Kerry Washington. [P6]
• The Chelsea Clinton wedding rumors continue: The Boston Globe reports the former first daughter and Marc Mezvinsky may get hitched at Ted Danson and Mary Steenburgen's home on Martha's Vineyard in August, which is when the Obamas will be in town, too. [BG, NYDN]
• Kelly Killoren Bensimon says picking on her has become "the new recession vocation." Sounds about right. [R&M]
Wall Street: Monday Morning
cityfile · 05/04/09 05:40AM• President Obama will propose new laws today to crack down on companies and wealthy individuals who use a variety of tax loopholes to move their assets offshore and avoid paying taxes. [WSJ, BN]
• Citigroup and Bank of America are both rumored to be working on plans to raise more than $10 billion in fresh capital a piece, although Bank of America is now denying that such a plan is underway. [FT, DB, BI]
• Questions are being raised about New York Fed chairman Stephen Friedman's ties to Goldman Sachs and possible conflicts of interest. [WSJ]











