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Tagged: Andrew Farkas

One Year Older

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Happy Birthday | Venus Williams turns 29 today. Greg Kinnear is turning 46. Comedian Will Forte is 39. Newt Gingrich is turning 66. Rep. Jack Murtha is 73. Architect Liz Diller turns 55. Actor Thomas Haden Church is 49. Director Bobby Farrelly is turning 51. British director Ken Loach is 73. Latin singer Paulina Rubio is 38. Real estate heir Andrew Farkas is 49. Plastic surgeon Gerald Pitman turns 67. Retired General Tommy Franks is turning 64. And Barry Manilow celebrates his 66th birthday today.

Moguls

Andrew Farkas Celebrates Excess, Saves Marriages

141924Some people are toning things down because of the recession. Then there's Andrew Farkas, the real estate heir and yaching aficionado who purchased the Montauk Yacht Club in 2007 and has since presided over a multi-million-dollar renovation of the property. Farkas is hoping "to lure the mega-yacht crowd into his slips and turn his club into a nightlife destination," reports Vanity Fair's Jessica Flint, and to drum up interest in the M.Y.C.—as well as celebrate the club's 80th anniversary and his own birthday—Farkas hosted a Great Gatsby–themed party last weekend: More

Explained

Follow the Money: Dubai Edition

126528If it feels like every week brings news of yet another cash-strapped American company raising money from Abu Dhabi or Dubai or selling itself entirely to one of these emirates, it isn't your imagination. From real estate (the GM building) to finance (Citigroup), cash has been pouring in from the Middle East as of late. But the expressway of money goes in both directions. Today the Times covered many of the banks setting up shop in Dubai. But loads of other prominent New Yorkers are heading East to take advantage of the petro-dollar gravy train. Here's a look at the growing list of prominent restaurateurs, fashion designers, architects, and real estate developers setting up shop in one of the world's fastest-growing—and richest—regions.

126530Fashion
You don't have to manufacture diamond-encrusted burkas to get in on petrobillionaires' wives' ravenous appetite for designer duds. New York-based fashion gurus are opening boutiques in Dubai's constantly multiplying high-end malls (places like the famous Mall of the Emirates, which sports the world's largest indoor ski slope). So far Michael Kors and Betsey Johnson have gotten in on the action, there are two Calvin Klein boutiques in the emirate, an outpost of Saks Fifth Avenue recently opened there, and designer Karl Lagerfeld has signed a deal to design 80 limited-edition homes on Isla Moda, the world's "first dedicated fashion island." A Dubai outpost of Barneys seems likely in light of its 2007 takeover by Dubai-based investment firm Isthimar.More