My Orchids. Laleia. Photo ET
The
Luxembourg House in New York
On
July 19, 2013, the New York Times reported this: "Big Ticket | Turtle Bay'Game Changer' Sold for $34.35 Million". What the heck, let's throw in
another $650,000 for the furniture. Total $ 35 million. Of course that poked
my interest. For several reasons.
First
of all that price is quite a number. Across from that town house on Beekman
Place is an even more perfect and nicer one. I would think that one is worth at
least $50-55 million in comparison. Well, I bought that one 20 years ago for
$5.6 million. Unfortunately I couldn't afford it for myself, but the Luxembourg
government could. It is now the Luxembourg House in New York with its Consular
offices, the Board of Economic Development, the Luxembourg Mission to the UN,
and even the Luxembourg-American Chamber of Commerce. It is a famous building
built by the Secretary of the Navy James Forrestal, and it was acquired then by
an American National Monument who is Irving Berlin. It is where he created God
Bless America, I'm Dreaming of a White Christmas, and Call me Madam.
In
1992 I knew we had a good deal, when the town house across the street, the one
that sold now, came on the market. I briefly lobbied the government to allow me
to negotiate a similar deal for a residence for the Ambassador to the UN, which
would have been a wild 30% less than asking, which I believe was $4.5 million.
The Luxembourg government passed, in favor of an existing apartment uptown.
The
Qatar House of New York
The
New York Times reports that: "The buyer of
21 Beekman Place, identified in city records as the State of Qatar, the
sovereign Arab emirate on the Persian Gulf that Forbes has named the richest
country in the world, thanks to its deposits of oil and natural gas, was so
enamored of the period furnishings selected by Mr. Novello and his design team
that it bought them for an additional noncommissioned $650,000. "
Yes
you know, Qatar, our friends from BIL, KBL, Cargolux and more. Now we can have
a street party, Christmas trees, carols, and White Christmas and all. Qatar can
bring the Three Kings.
Volunteers needed
There is that rusty and unstable fence, the soiled facade and entrance door, and, the uneven sidewalk. The sidewalk is a slip and fall trap. Do you know that Luxembourg would be liable, and that there is no diplomatic immunity, if someone falls on that sidewalk in disrepair? Let me guess for how much a New York lawyer would sue Luxembourg: $50-55 million "for pain and suffering" sounds reasonable in the New York Upper East-Side.
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