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Tagged: James Torrey

Buyers & Sellers

The Torreys Sell For Less

139112• Hedge fund manager James Torrey and his wife Podie Lynch have closed on the sale of their duplex at 131 East 66th Street, albeit for substantially less the $14.5 million they were seeking last November. The 4,850-square-foot apartment, which went into contract in December, sold for $9 million to John Heimann, a former exec at Merrill Lynch and his wife Maria-Cristina Anzola. [Cityfile]
• Comedian Lisa Lampanelli has paid $1.32 million for a two-bedroom condo at 2250 Broadway on the Upper West Side. [NYP]
• Haig Schneiderman, who owns the Knish Nosh knish chain (among other things), and his wife Alison, have put their 4,000-square-foot apartment at 25 Central Park West on the market for $10.7 million. [Cityfile, BHS]

Buyers & Sellers

The Torreys Find a Buyer

133525• James Torrey and his wife, Podie Lynch, have gone into contract to sell their 23rd-floor apartment at 131 East 66th Street, which they originally listed for $14.5 million in October and dropped to $12.5 million a month later. Torrey is the founder of the hedge fund Torrey Associates and was one of Barack Obama's top fundraisers during the 2008 election cycle. [Cityfile]
• Publishing entrepreneur and Democratic fundraiser Win McCormack has paid $8.7 million for a 12th-floor apartment at 170 East End Avenue. His new neighbors will include Adam Bronfman, Johan Santana, Dominique Levy, and Michael Fascitelli. [Cityfile]
• Former Lehman Brothers exec Marco Naldi has sold his three-bedroom apartment (and accompanying storage unit) at 545 West 110th Street for $2.55 million to Verizon exec Shawn Strickland. [Cityfile]
• Architect Jay Lockett has sold his family's waterfront property on Beach Lane in Quogue to Randy and Bev Cardo for $2.15 million. [Newsday]

Buyers & Sellers

Hedge Funder Drops the Price, Hilfiger Pulls Listing

131874♦  Hedge fund mogul and Obama mega-fundraiser James Torrey has chopped $2 million off the price of the duplex at 131 E. 66th St. that he and his wife listed just over one month ago. The 4,850-square-foot spread is now on the market for $12.5 million. [Cityfile, Corcoran]
♦ 
UBS exec Ramesh Singh and his wife Farida Khan are finally unloading their co-op at 860 Park Avenue. The four-bedroom apartment, which underwent a handful of price cuts since it was first listed for $13.4 million in 2007, was most recently on the market for $9.5 million before it went into contract last week. [Cityfile]
♦  Tommy Hilfiger has taken his $50 million Plaza apartment off the market, and is now reportedly planning to move into the 6,000-square-foot duplex himself. [NYP]More

Buyers & Sellers

Hedge Funders Sell, Rosie O'Donnell Closes

131162♦  Hedge funder James Torrey and his wife Podie Lynch have put their duplex at 131 East 66th on the market for $14.5 million. The Obama fundraiser (and father of New York PR queen Serena Torrey) says the couple is now planning to downsize to a smaller apartment. [NYT, Corcoran]
♦ 
Exis Capital founder Adam Sender has listed his three units at 15 Broad Street for $10.995 million, after picking them up for a total of $8 million in June 2007. [NYT, PDE]
♦  More than a year after going into contract on a condo at 247 West 46th Street, Rosie O'Donnell has closed on the two-bedroom apartment for $1.97 million. [Real Deal]
♦  German film director Werner Herzog paid $630,000 for a one-bedroom pied-à-terre at 7 East 14th Street. [Real Deal]

Unfortunate Timing

128989

The Best of Times, Worst of Times | Looks like it was both a wonderful weekend and a terrible weekend for Serena Torrey, the PR princess of New York magazine and daughter of James Torrey, the prominent hedge fund manager and mega-fundraiser for Barack Obama. The good news: On Saturday, Serena tied the knot with Ted Roosevelt, the great-great grandson of Theodore Roosevelt. The bad news? He's a vice president at Lehman Brothers, which means he's likely out of a job as of this morning. We're guessing it won't be too tough for a man with Ted's pedigree to find a new job. If all else fails, he could have Serena put in a good word with New York's owner, Lazard chief Bruce Wasserstein. Or he could join his father-in-law on the Obama fundraising trail, which just announced that the campaign reeled in $66 mil. in August. [NYT]

Politics

New York's Biggest Bundlers

127406The Obama and McCain campaigns have released lists of their biggest bundlers, the 98 people who have helped raise more than $500,000 for the two presidential candidates so far. There are nearly 20 residents of the tristate region on the list, although McCain has a significant local advantage—12 people versus Obama's four. See the names and details for yourself after the jump.More