Tag: billionaires

NYC home adjacent to Sarah Jessica Parker’s sells for $26.75M

A historic West Village townhouse adjacent to Sarah Jessica Parker and Matthew Broderick’s megamansion on West 11th Street has sold for $26.75 million, according to property records.

The seller is Alicia CastroLeal Harper, the daughter of Mexico’s former ambassador to France and the ex-wife of the late TV producer Alan Harper. The buyer is a trust connected to billionaire Brad Jacobs, chairman of XPO Logistics.

The red brick, Greek Revival-style townhouse at 271 W. 11th St. is nearly 26 feet wide.

It was once on the market for $34.5 million in 2018 and boasts one of the largest gardens in the Village, according to a former listing from Dolly Lenz Real Estate.


Sarah Jessica Parker and Matthew Broderick.
Penske Media via Getty Images

A rendering of the home -- it's multi-family and ready to return to single-family use.
A rendering of the home — it’s multi-family and ready to return to single-family use.
Dolly Lenz Real Estate

Built in 1884, the 8,000-square-foot home features seven bedrooms, seven baths, high ceilings and lots of windows. Transformed into a multi-unit building, it is ready to return to single-family mansion status.

Other owners on the street include Softbank CEO Marcelo Claure of 269 W. 11th St. Vicki Been, a former deputy mayor for housing and economic development and a former commissioner of NYC’s department of Housing Preservation & Development — now an NYU law professor — and her husband, NYU’s Richard Revesz, sold their home at 230 W. 11th St. for $18.8 million last year. They bought it from NYU’s School of Law Foundation for $1.88 million in 2002.

Liv Tyler also sold her corner block home at 255 W. 11th St. to Eater founder and Resy co-founder Ben Leventhal. Burrito baron Steve Ells, the founder of Chipotle, also bought a $30 million crash pad at 27 E. 11th St., Gimme Shelter revealed, while he awaited the completion of his megamansion at the corner of West 11th and West 4th streets.

“This is one of the most desirable streets in the Village,” said broker Jenny Lenz, of Dolly Lenz Real Estate, who sold four homes on the block. “It’s a beautiful, peaceful block, with historic mansions reminiscent of London, and the A-list celebrities only add to the allure.” 

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Bill Ackman says Adani Group allegations ‘highly credible,’ compares to Herbalife

Hedge-fund billionaire Bill Ackman endorsed Hindenburg Research’s allegations of fraud at Adani Group as “highly credible” on Thursday – and even likened the India-based conglomerate to Herbalife, the supplements seller that he tried and failed to topple after calling it a “pyramid scheme.”

“Adani’s response to @HindenburgRes is the same as @Herbalife’s response to our original 350-page presentation. Herbalife remains a pyramid scheme,” the Pershing Square Capital boss tweeted on Thursday night.

“I found the Hindenburg report highly credible and extremely well researched. @AdaniOnline response speaks volumes. Caveat emptor,” added Ackman, who after an arduous five-year battle, exited his short position on Herbalife in 2018.

Led by Gautam Adani, the world’s fourth-richest person, the sprawling Adani Group business empire has lost more than $51 billion in value in two days of trading since the damning allegations surfaced, according to Bloomberg. India’s stock market was closed for a holiday on Thursday.

Ackman said his firm was “not invested long or short in any of the Adani companies or Herbalife” at present and has not done any research to corroborate Hindenburg’s claims. He said his tweet on the subject were based on his own “judgment” rather than due diligence.

The Post has reached out to Adani Group and Herbalife for comment on Ackman’s remarks.


Gautam Adani is chairman of Adani Group.
AFP via Getty Images

The flagship entity Adani Enterprises declined by nearly 19% in Friday trading in what was its steepest plunge since 2017. Hindenburg’s report surfaced just before Adani Enterprises embarked on a $2.5 billion share sale.

Hindenburg accused Adani of leading “the largest con in corporate history” through stock manipulation and other alleged malfeasance. The influential firm said it had taken a short position on Adani and indicated its findings were based on a two-year investigation.


Hindenburg alleged that Adani Group has engaged in a sweeping fraud.
SOPA Images/LightRocket via Gett

“We have uncovered evidence of brazen accounting fraud, stock manipulation and money laundering at Adani, taking place over the course of decades,” Hindenburg claimed in the note.

Adani Group described the allegations as “baseless” and said it was exploring potential legal action against Hindenburg. The India-based corporate giant also suggested that Hindenburg had a clear financial interest in seeing its shares fall.


Gautam Adani is the world’s fourth-richest person.
AP

“We are deeply disturbed by this intentional and reckless attempt by a foreign entity to mislead the investor community and the general public,” Adani Group legal officer Jatin atin Jalundhwala said in a statement.

In response, Hindenburg said Adani “hasn’t addressed a single substantive issue we raised” and that it would “welcome” a lawsuit.

“If Adani is serious, it should also file suit in the US where we operate. We have a long list of documents we would demand in a legal discovery process,” Hindenburg said.



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Tony Malkin’s New Year’s Eve fireworks sparked New Zealand fire

The fireworks weren’t a blast for neighbors.

A New York City billionaire staged a private New Year’s Eve display that set a hillside ablaze near his New Zealand estate — and nearby residents are reportedly smoking mad.

Empire State Building magnate Tony Malkin set off the extravagant display on his complex in Central Otago, near Queensland, as the clock struck midnight on Jan. 1 — torching more than an acre of grass and sparking a frenzy, the Guardian reported.

“It’s just a joke that an out-of-towner can come in and set off a 14-minute commercial firework display and then burn the hill down,” neighbor Johnny Quinn fumed.

“It basically upset the entire neighborhood. Everyone within the area had to make plans. People changed their holiday plans,” he said.

Malkin, CEO of Empire State Realty Trust, owner of the iconic Manhattan building, set off the fireworks despite a petition from neighbors opposing it, Quinn said.

Neighbors asked Tony Malkin not to set off the private fireworks display.
Luiz Rampelotto/EuropaNewswire/picture-alliance/dpa/AP Images
The fire burned 1.2 acres of hillside in New Zealand.
Copyright Crux Publishing Ltd.

The show went up in flames — and the unilateral move isn’t “the Kiwi way,” said Quinn.

The blaze tore through 1.2 acres of property before firefighters stopped it within feet of buildings owned by Malkin, the outlet reported.

Locals, many of whom opposed the fireworks because they traumatize wildlife and livestock, are demanding a ban on private pyrotechnical displays.

According to one neighbor, the fireworks show went on for 14 minutes.
Copyright Crux Publishing Ltd.
Malkin has reportedly not apologized to his neighbors for the fire.
Copyright Crux Publishing Ltd.


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Malkin has yet to apologize to neighbors for the fire, Quinn said.

The billionaire declined to comment through a spokesperson, except to say he and his family are grateful for the “the expert work” of cops and firefighters who responded to the blaze, according to the outlet.

He didn’t return The Post’s request for comment Thursday.

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Bodycam footage shows arrest of Tyson CFO John Tyson

Newly released bodycam footage shows the moment Arkansas police wake up a Tyson Foods executive after he allegedly passed out drunk in a stranger’s bed earlier this month.

Tyson CFO John Tyson appears disoriented and even tries to go back to sleep in the early morning ordeal on Nov. 6 as a Fayetteville police officer informs him he’s sleeping in someone else’s home.

“Mr. Tyson! John! Fayetteville Police Department, you’re not in your house,’” an officer loudly tells Tyson as he’s snuggled beneath the covers in his underwear, according to the footage obtained by Vice.

The 32-year-old scion of the Tyson meatpacking empire raises his head and briefly looks at the police officers before rolling over without saying anything.

“John, I need you to wake up and talk to me before I drag you out of here butt naked,” the officer continues.

After refusing to get up out of the woman’s bed, the officer shrugs at his partner and the two rip the sheets off of him, the footage shows. Tyson sits up, and tries to pull the sheets back over him before the officer tells him to “put your hands behind your back.”

“Yo yo yo yo — hey, hey, whoa, whoa” was all Tyson could mumble as the officers try to cuff him.

Tyson CFO John Tyson was arrested for public intoxication and trespassing.
Washington County Sheriff’s Office via AP

“I’m going to sleep,” he sluggishly tells the officers as they try to get him out of the bed.

“No you’re not, you’re going to jail. You’re in the wrong house,” an officer replies.

“The girl who lives here doesn’t know you. Came home to find you asleep in her bed,” another cop tells the clearly befuddled executive.

As the officers lead Tyson out of the house, he asks, “Can I go pee real quick?” Police denied the request and placed him in the back of a police vehicle.

Tyson was charged for public intoxication and trespassing after a college-aged woman came home and found him sleeping in her bed around 2 a.m.

The officers wrote in the arrest report that there was an odor of intoxicants coming from Tyson’s breath and body and that his movements were “sluggish and uncoordinated.” 

The woman who lived at the home told investigators that the front door was left unlocked, allowing Tyson to enter the premises.

Tyson was booked that morning and released later that evening, according to the Washington County, Arkansas, Sheriff’s Department.

Earlier this week, Tyson apologized to investors during the company’s quarterly earnings meeting.

The chicken company CFO apologized to investors after the incident.
Motherboard/YouTube

“I’m embarrassed, and I want to let you know that I take full responsibility for my actions,” Tyson CFO John Tyson, CNBC reported.

“I just wanted you guys to hear this directly from me and to know that I’m committed to making sure this never happens again,” he said.

Tyson is the great-grandson of Tyson Foods’ founder. He joined the family business in 2019 after previously working in investment banking for J.P. Morgan and as a private equity and venture capital investor. 

According to the Wall Street Journal, The Harvard graduate is being groomed for the roles of CEO and chairman — positions his father and grandfather held at the company.

He is also a member of Tyson Foods’ enterprise leadership team, reporting directly to president and CEO Donnie King, according to the company’s website.

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