Norton Goes into Contract at Trump International

cityfile · 02/27/09 08:47AM

• Software entrepreneur Peter Norton has gone into contract to sell his 45th-floor, 4,415-square-foot apartment at the Trump International, which had been listed most recently for $17.9 million. Norton probably won't have to worry about moving: He paid $6.8 million for a smaller condo on West 13th Street back in August. [Cityfile, Corcoran]
• Todd Waterbury, creative director of Wieden + Kennedy's New York office, paid $1.375 million for a ninth-floor, one-bedroom apartment at 180 West 58th Street. [Cityfile]
• The government of Iceland has put the four-bedroom home of its UN ambassador at 417 Park Avenue on the market for $5.6 million. [WSJ, SC]
• Gaetano Sallorenzo, the former CEO of Calvin Klein Jeans in Europe and Asia (and who now runs Italy's Fashion Box Group) has paid $1.645 million for a pied-à-terre at 133 West 22nd Street. [Cityfile]
• Retired Japanese soccer star Hidetoshi Nakata has cut the price of the apartment building he owns at 43 Crosby Street for the seventh time since first listing it for $22 million in January 2008. It's now on the market for $15 million. [WSJ, PDE]

TD Bank Will Not Be Stopped

cityfile · 02/27/09 08:29AM

Most banks are running for cover these days, seeking out ways to cut costs whenever possible. Not TD Bank! The company that scooped up Commerce Bank last year says it plans to continue expanding, which means pretty soon you'll be able to cash in your change (or pick up free treats for your dog, left) on every corner in the city. The next stop for the recession-defying bank, according to a spokesman: "We have another store under construction at Canal and Lafayette in Chinatown opening at the end of March." Take that, WaMu. [NYO, Flickr]

Morgenthau Preparing to Pack It In?

cityfile · 02/27/09 08:12AM

Manhattan District Attorney Robert Morgenthau has reportedly decided not to run for reelection this fall. The 89-year-old is "expected to make his intentions public in the next few weeks," a source tells the Post, "but hasn't yet settled on who he'd prefer to see as a successor." [NYP]

Happy Birthday

cityfile · 02/27/09 07:46AM

Chelsea Clinton is celebrating her 29th birthday today. Elizabeth Taylor is turning 77. Josh Groban is 28. Ralph Nader is 75. Joanne Woodward, the Oscar-winning actress and widow of Paul Newman, turns 79. Actor Noah Emmerich is turning 44. Lynyrd Skynyrd's Johnny Van Zant is 50. Rozonda Thomas (or Chilli) from TLC is 38. And the head of the 92nd St. Y, Sol Adler, turns 55. Weekend birthdays—including Olivia Palermo's big day—after the jump.

Citi Rescue Revealed, Markets Tank

cityfile · 02/27/09 07:20AM

• The Treasury Department announced a plan to save Citigroup from near-certain doom. The government will take a 36 percent stake in the company, three-quarters of the bank's shareholders will be wiped out, and the board will be overhauled. Vikram Pandit? He keeps his job. [WSJ, BN, NYT]
• New GDP figures indicate "the U.S. recession deepened a lot more in late 2008 than first reported." The figures haven't been this bad since '82. [WSJ]
• Stocks tumbled this morning on the Citigroup and GDP news. [BN]
• Andrew Cuomo has subpoenaed Bank of America seeking the names of the Merrill execs who received $3.6 billion in bonuses. This comes after BofA CEO Ken Lewis failed to provide the details during his deposition yesterday. [DB]
• A "mutiny is brewing" within UBS's investment banking unit following the ouster of the bank's CEO, Marcel Rohner. [NYP]
• Blackstone reported a fourth-quarter loss of $827.1 million. [BN]
• Bernie Madoff moved $164 million from London to New York in the weeks before he was busted, according to new court documents. [NYP]
• Scammer Sam Israel has moved from a prison hospital back to prison. [AP]

Tom & Gisele Do the Deed

cityfile · 02/27/09 06:51AM

• After a handful of false alarms (and after claiming they were weren't even engaged) Tom Brady and Gisele Bundchen finally got married yesterday, tying the knot in a small ceremony at a Catholic church in Santa Monica. [Us, People]
• It looks like Jeremy Piven won't be penalized for walking away from Speed-the-Plow, since officials from Actors' Equity and the Broadway League couldn't come to a consensus at his hearing yesterday. [NYT, NYP]
• Russell Simmons has agreed to pay Kimora $40,000 a month in child support until their daughters turn 19. [People]
• Derek Jeter is supposedly dating a 22-year-old FIT student. Given she enjoys playing his voicemails for her group of friends, you probably shouldn't expect the relationship to last very long. [NYDN]

Snuggie Vs. Slanket War A Sad Reflection Of America

Ryan Tate · 02/27/09 04:23AM

So it has come to this: The makers of three different wearable blankets arguing, in the New York Times, over who pioneered this obesity-accelerating technology. We are truly a pathetic nation.

Ryanair Lashes 'Idiot Bloggers'

Ryan Tate · 02/27/09 03:01AM

After a Dublin blogger highlighted flaws on the RyanAir website, airline staff slammed the "pathetic life" of the "idiot and... liar" in the comments. Headquarters staff intervened — to sharpen the cruelty.

Jeremy Piven Cries, Escapes Punishment

Ryan Tate · 02/27/09 02:10AM

Jeremy Piven convinced five other actors his mercury poisoning is real, deadlocking a union hearing and sparing Piven penalties for leaving Speed the Plow. How did he do it? Maybe with some crying.

Google's Piddling $60 Promise To Writers

Ryan Tate · 02/26/09 10:15PM

Google paid $125 million to settle copyright charges over its scanning of 7 million books. Today authors were told their cut: $60 to $300 per title. Woo?

Fashion Week Moves to Milan

cityfile · 02/26/09 07:47PM

• A preview of what's planned for Milan Fashion Week. [Vogue UK]
• Roberto Cavalli isn't the only designer in Milan grappling with the gloomy economy: The parent of Gianfranco Ferré is now bankrupt, and some Italian designers are hoping for a government bailout. [NYT, NYM, Telegraph]
• You won't find too many Americans shopping in Milan these days thanks to the economy and dollar. Ukrainians, however, are everywhere. [IHT]
• What recession? The champagne flowed in London this week. [Fashionista]
• Michelle Obama debuted a new hairdo last night! [NYM]
• Mary-Kate and Ashley Olsen have a new men's line in the works. [WWD]
• Fashion's "10 most controversial obsessions." [Pipeline]

Only a Cable Guy Could Come Up With Newsday's Pay-Only Scheme

Owen Thomas · 02/26/09 07:00PM

Pundits will say Newsday's desperate plan to charge for the Long Island newspaper's website is some kind of bellwether for the industry. What it really means: Newsday and its owner, Cablevision, have nothing to lose.