John Griffin, the founder of former hedge fund Blue Ridge Capital, which had $9 billion in assets at its 2013 peak and $6 billion when it wound down four years later, is looking for a nice return on an Upper East Side home.Griffin has listed a nearly 6,000-square-foot full-floor co-op on Fifth Avenue for a hefty $40 million, according to a real estate ad that appeared Thursday.He and his wife, Amy, a venture capitalist and author, paid $32.3 million for the Central Park-adjacent apartment in 2008, public records show, and so could nab a nearly 25% profit.Featuring five bedrooms, five and a half baths and a corner living room with a fireplace, the unit also has not one but two libraries, based on its floor plan. The two brokerages listing the uptown property have notably made the decision to not market it with listing photos, perhaps because they are not yet available but more likely out of respect for the sellers’ privacy. It sits in a 13-story, 16-unit limestone tower across from the Metropolitan Museum of Art at East 84th Street that was once also home to actor, director and producer Robert Redford.The Griffins may be ready to move on from the apartment but maybe not the neighborhood. They still appear to own a townhouse on East 67th Street that once belonged to Penthouse magazine publisher Bob Guccione. The Griffins bought it from billionaire investor Philip Falcone in 2019 for $77.1 million in the priciest-ever city townhouse transaction, a record that still appears... Continue reading at 'Crains New York'
[ Crains New York | 2025-05-16 20:26:17 UTC ]
Spain’s financial crisis and slump in book sales has led Spanish-language publishers to focus on Latin America, with agents bypassing Spain to sell rights directly in the region. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-12-06 00:00:00 UTC ]
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The magazine publisher will more than double its digital presence, by acquiring the world's biggest food site. Continue reading at AllThingsD
[ AllThingsD | 2012-01-24 00:00:00 UTC ]
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When is five consecutive quarters of growth not enough? Right now in magazine publishing. To see real, sustained growth, there are three things every magazine publisher should do to keep readers and advertisers engaged. 1. Create Franchise Issues Continue reading at Folio Magazine
[ Folio Magazine | 2011-10-09 00:00:00 UTC ]
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Sheila C. Bair, who ended a tumultuous five-year term as chairwoman of the Federal Deposit Insurance Corporation this month, has landed a book deal to give her inside account of the financial crisis. Continue reading at The New York Times
[ The New York Times | 2011-07-11 00:00:00 UTC ]
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