Tag: for sale

Martin Gets Madder

Convicted former pharmaceuticals executive Martin Shkreli offers a bounty for Hillary Clinton’s hair and threatens to smash up a £1.5 million work by the Wu-Tang Clan

Martin Shkreli is getting madder and madder. Convicted of securities fraud in August and awaiting sentencing, the troubled former drug company executive took to Facebook on 4^th September to offer a bounty of £3,800 ($5,000, €4,200 or درهم18,400) per lock of Hillary Clinton’s hair obtained and is also attempting to auction or destroy the one and only copy of a Wu-Tang Clan album on eBay for £1.5 million ($2 million, €1.7 million or درهم7.3 million).

After 324 bids, the Wu-Tang Clan’s Once Upon A Time In Shaolin album – which Shkreli purchased, he claims, “as a gift to the Wu-Tang Clan for their tremendous musical output. Instead I received scorn from at least one of their (least-intelligent) members, and the world at large failed to see my purpose of putting a serious value behind music” – has already reached a price of just over £759,000 ($1 million, €832,000 or درهم3.7 million).

Accompanying the eBay listing, Shkreli brashly adds:

“At any time I may cancel this sale and I may even break this album in frustration. I will donate half of the sale proceeds to medical research. I am not selling to raise cash–my companies and I have record amounts of cash on hand. I hope someone with a bigger heart for music can be found for this one-of-a-kind piece and makes it available for the world to hear.”

Both the Wu-Tang Clan and Hillary Clinton stunts may backfire. Last Thursday, prosecutors told a court in New York: “[Shkreli is engaged in a] pattern of threats and harassment” and sought for his bail to be revoked. In response, Benjamin Brafman for Shkreli, commented:

“We take the matter seriously and intend to address the issue responsibly… However inappropriate some of Mr Shkreli’s postings may have been, we do not believe that he intended harm and do not believe that he poses a danger to the community.”

Other assets in the multi-millionaire’s possession are said to include a Picasso and an original ‘Enigma’ machine from the Second World War. We jolly well hope he doesn’t threaten to smash them up too.

September 10, 2017
Gone with the Joseffs

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Vivien Leigh’s necklace and Clark Gable’s cigarette case from ‘Gone with the Wind’ to be sold at auction in Los Angeles

Gone with the Wind is undoubtedly one of the all-time classic films. It took in excess of $390 million at the box office, won an astonishing eight Academy Awards in 1940 and propelled the careers of both Clark Gable (Rhett Butler) and Vivien Leigh (Scarlett O’Hara) into the stratosphere.

Now, in November in California, a diamond and amethyst necklace worn by Leigh in the film will be sold at auction with an estimate of £45,000 to £61,000 ($60,000 to $80,000, €50,000 to €66,000 or درهم220,000 to درهم294,000) alongside a cigarette case used by Gable (estimate: £30,000 to £45,000, $40,000 to $60,000, €33,000 to €50,000 or درهم147,000 to درهم220,000).

Eugene Joseff pictured in the crown and sceptre worn by Ronald Colman in “The Prisoner of Zenda” (1937) and Vivien Leigh in Joseff with Clark Gable in “Gone with the Wind” (1939)

This pair of Gone with the Wind memorabilia, which will be sold by Julien’s Auctions, forms part of a 500-piece collection from the vault of Eugene Joseff (1905 – 1948), an advertising executive turned jeweller to Hollywood’s superstars. Joseff’s primary success stemmed from the fact he developed a matte metal finish for his jewellery that minimised the glare from the strong studio lights and thus everyone from Marlene Dietrich to Greta Garbo and Marilyn Monroe wore his pieces. Though this talented designer tragically died in a plane crash, his family continue to operate the firm Joseff of Hollywood and aside from making jewellery now also produce aerospace castings for radar, guided missiles, computers, and electro-mechanical systems.

Of the collection, Martin Nolan of Julien’s Auctions commented:

“The Joseff Collection that has been consigned to Julien’s Auctions is the single most important collection of film-worn jewellery ever to come to the market. This historic cache, stored in a Hollywood warehouse for decades is the very stuff of Hollywood history and legend. This is truly a once in a lifetime opportunity to own a piece of film history that was designed and manufactured to dazzle, as each piece had to compete with the wearer, the most beautiful women in the world.”

Julien’s Auctions will sell the collection on 17^th and 18^th November at their Los Angeles Gallery.

The Vivien Leigh necklace by Eugene Joseff

The Clark Gable cigarette case by Eugene Joseff

At a slightly different point but nevertheless cut, here are three jewelry items to consider if you’re looking for gift ideas…
Here are 3 we found that are cute and affordable:
1) Gorgeous ring for Mum? – this ring for Mum will make her eyes light up on Mother’s Day, or just about any other day for that matter. A casual, versatile ring that can be worn with just about anything, day or night, it’s a perfect complement to any outfit or occasion.
2) Need a pretty gift for a dog lover? – This cute puppy paw necklace is a pet-friendly addition for any puppy lover, young or old. Whether it’s a birthday gift or just a gift to say thank you, the recipient will be over the moon!
3) Cute leaf earrings for a nature lover perhaps? – these cute earrings can be worn day or night with just about any outfit. A nice addition to jazz up your day and look and feel great.

September 9, 2017
Pritikin’s Folly

Kitsch San Francisco mansion turned private museum that houses everything from Hitler memorabilia to a portrait turned down by Prince Philip for sale for £9.5 million

The collection of a former advertising executive turned San Francisco based bon viveur named Robert C. Pritikin – better known as ‘Bob’ to his friends – includes everything from Hitler’s Swastika armband and his personal world globe (supposedly acquired by American soldiers at the end of the Second World War) to a portrait of Prince Philip, Duke of Edinburgh of which the royal once proclaimed: “I bloody well wouldn’t hang it on the walls of Buckingham Palace.”

Pritikin houses these items – and others including a replica electric chair, a mural featuring the cult leader Jim Jones, an exact replica of Rembrandt’s ‘The Night Watch’ and an original J. M. W. Turner painting – in a totally eccentric neo-classical mansion in the Glen Park area of the city. He built the property in 1987 and though it provides 9,966 square foot of accommodation it is primarily designed as an entertaining space and museum rather than a conventional family home.

Bob Pritikin with the portrait Prince Philip, the Duke of Edinburgh so loathed

The mansion-cum-museum Pritikin built in 1987 for his collection is now for sale

Artworks in the building include a mock electric chair

There also many murals inside and outside of Chenery House

Now offered for sale for £9.5 million ($12.5 million, €10.4 million or درهم45.9 million) by the equally flamboyant realtor Joel Goodrich, Chenery House – or plain old 47 Chenery Street – has hosted guests including Liberace and Mickey Rooney. The building is dominated by a top floor swimming pool with glass retractable roof, a vast ‘showroom’ with adjoining display rooms but also comes with 5 bedrooms and 5 bathrooms. There is a 4-car carport, a garden cottage and a three unit building with two 2 bedroom units and one 1 bedroom unit.

Hidden from the street at its entrance and adjoining the Fairmount Elementary School on another, Chenery House stands on a 1 acre plot crammed to the brim with art pieces, murals and statues. It was offered by Pritikin to the City of San Francisco as an official mayoral residence in 2004 but after they declined he has since rented it for weddings and events.

In 2014, of living there, Pritikin remarked: “It’s a fun place to live. I would build the exact same house if I had to do it again, and in the unlikely event that I kick the bucket I intend to have my ashes buried here.” Though that will now unlikely happen, this true eccentric’s spirit will no doubt live on in spite of whoever eventually purchases what has to be one of America’s most whacky compounds.

September 9, 2017
Big Shorting Gatsby

Long Island mansion with links to ‘The Great Gatsby’ and ‘The Big Short’ for sale for £13.1 million (or 152% more than it sold for in 2011)

F. Scott Fitzgerald (1896 – 1940) set his ‘Roaring Twenties’ classic The Great Gatsby in the fictional locations of East Egg and West Egg on Long Island and now one of the homes that inspired him is available for sale.

Owned by Cornwall Capital founder James Mai – a man whose firm ironically made over 80 times its capital by buying credit default swaps on CDOs prior to the 2008 financial crisis – and his wife Chiara since 2011, 235 Middle Neck Road at Sands Point on Long Island’s Gold Coast was built in 1926 and home to the Rumsey-Harriman railroad dynasty from 1929.

Fitzgerald is said to have spent time at the residence learning about “the lifestyle of the moneyed aristocracy of Old Westport, Long Island, and their involvement in the movement of eugenics” from the Rumseys and ironically, James Mai, is also representative of a clash between ‘old’ and ‘new’ money. In 2008, he and his partner are said to have been the ones “screaming about [the coming crash] as loud as they could, but everyone turned a deaf ear.” The character Jamie Shipley, played by Finn Wittrock in the 2015 film The Big Short, is loosely based upon him.

Current owners Chiara and James Mai are said to have spent vast sums on the renovation of the estate

Featuring 11,955 square foot of renovated accommodation that includes formal and informal entertaining spaces, 13 bedrooms and 8 bathrooms. There is also a 6-car garage with a 3-bedroom caretaker’s cottage, a 4-bedroom beachside cottage and a boat house.

Outside, on a plot of some 5.3 acres, there is a 391-foot private beach, a tennis court and in spite of its seeming isolation, the property is situated just 29 miles from Downtown Manhattan and 25 minutes by boat.

235 Middle Neck Road is listed by Nava Mitnick of Daniel Gale Sotheby’s International. In December 2016, of it, she commented: “Obviously, it’s so imposing – you drive down and see the sweeping views. But when we entered the house, I described it as a ‘glorified cottage’, because it’s so homey.”

235 Middle Neck Road – The Numbers

August 2017 – Relisted for £13.1 million ($16.88 million, €14.2 million or درهم62 million).

December 2016 – Listed for sale for £15.4 million ($19.8 million, €16.6 million or درهم72.7 million).

June 2011 – Sold for £5.2 million ($6.675 million, €5.6 million or درهم24.5 million).

February 2011 – Listed for sale for £7.7 million ($9.9 million, €8.3 million or درهم36.4 million).

August 27, 2017
Flying a White Elephant

Orange County mega-estate sold last for £14 million on an original asking price of £67 million offered for sale again for £43 million after death of owner

The largest residential estate on the Newport Coast of California is back on the market. One Pelican Hill Road North in Newport Beach – alternatively known as ‘Villa Del Lago’ or ‘Villa of the Lake’ – is a property with an extraordinary past and though listed on construction for £67 million in 2009, eventually sold at a fire auction in 2012 for just £14 million. Its subsequent owner, a Japanese industrialist and publisher, death has now resulted in it being placed for sale again and this time £43 million is sought.

Situated on a plot of 12.47 acres and comprising 17,706 square foot of ‘Italianate-style’ accommodation, One Pelican Hill Road North was last marketed as having 8 bedrooms and 17 bathrooms. On a new, dedicated marketing page for it, it is now being promoted as having, amongst other things, 2 screening rooms, a china/silver room, an “indoor lap pool with fibre optic twinkling star ceiling”, a 14-car garage and a “wine cave”. Outside, there is a “cascading private lake”, stabling, a riding ring, a putting green, an “organic edible garden” and potential for a vineyard.

Jeffrey Janger and Linda Janger of Pace Properties have the listing currently but given another agent, Michael Gosselin of Surterre Properties, previously commented: “Newport Coast has yet to see any homes sell for more than $20 million (£15.5 million)”, it’ll be likely there’ll be a few price cuts yet.

One Pelican Hill Road North – The Extraordinary Numbers

2003 – Land purchased for $3.2 million by Monarch Estates. Subsequent construction loans total $27.3 million.

February 2009 – Completed house placed for sale for sale for $87 million by a realtor named John McMonigle, the managing member of a partnership developing the project.

May 2010 – Price reduced to $57 million.

January 2011 – Three offers received, all were below $37 million and not accepted.

April 2012 – Offered at a court-sanctioned auction with “no opening bid sought”. Sold for $18.5 million to Toshiaki Ogasawara, an industrialist and publisher of the Japan Times.

January 2017 – Placed on the market after Ogasawara’s death in December 2016 for $55 million.

August 18, 2017
A Castle for £130k

Scottish castle on sale for just £130,000; it comes without a roof and is located near the Trump International Golf Links in Aberdeenshire

A castle in Aberdeenshire, Scotland is for sale for £130,000 ($168,000, €143,000 or درهم616,000) in spite of being nothing other than a roofless shell.

Reduced in price from £150,000 ($193,000, €165,000 or درهم710,000) and dating to 1565, Knockhall Castle in the coastal village of Newburgh, near Aberdeen is described as “having been in the current owner’s family for hundreds of years” and was accidentally burnt to the ground by Jamie Fleming, “a servant fool” of then owners the Udny of that Ilk family, in 1734.

Presented in “stabilised” condition, the B-listed building stands on a small plot accessed by a private road. It is close to the Trump International Golf Links course at Balmedie and Forvie Sands, a designated nature conservation area populated by seals.

Savills have the listing and market the structure as “a blank canvas for someone to develop the building’s full potential as a spectacular family home or business.”

Of this fixer-upper, in which James VI is reported to have stayed in July 1589, Historic Scotland add:

“Knockhall Castle, in the parish of Foveran, is situated near the mouth of the river Ythan and was probably built in 1565 as an L plan towerhouse of three stories and an attic with a projecting staircase tower on its northside. The tower does not have a parapet and the gables have skews rather than crowsteps. To the south of the castle there was an enclosed courtyard, but all that now remains of this is a fragmentary round tower at the south east angle of the enclosure which incorporated a dovecot on its upper level. The tower has undergone significant alteration, probably in the second quarter of the 17th century.”

“The tower is lit by large rectangular windows in the south and east walls. These are arranged more or less symmetrically and their raised margins suggest they are insertions dating to the mid 17th century. The earlier windows which have survived have a typical roll moulding of mid 16th century type, and some appear to have had gunloops in their sills. The basement is pierced by a number of wide-mouthed gunloops but also has some fairly large windows which have the raised margins of the 17th century windows.”

“The entrance is in the re-entrant angle and the lintel of the door is inscribed with the date 1565. Above this are two empty heraldic panels and at eaves level there is a projecting stone shelf which appears to have been intended to shed water away from the entrance doorway. The doorway gives access to a corridor running the length of the building and leads to the main stair. Entered off the corridor, on the left, is the kitchen, complete with fireplace, sink and drain. The main block contains a large cellar also with a sink and drain. Both spaces are vaulted although that over the kitchen has collapsed.”

“The circular stair is wide and provides access both to the principal upper floors in the main block and to those in the wing. The tower is externally complete and in there is often sufficient evidence for a tower to be restored for modern occupation without detracting from its historic significance.”

“The planning of this tower, with a large stair serving the two wings, and with ample light through the large rectangular windows, would also make its adaptive re-use possible.”

“It should be noted that there is significant potential for associated archaeology surrounding the tower. In schemes of adaptive re-use, archaeology is an important issue to be addressed.”

August 17, 2017
Let There Be Light

Two and apartments and a bothy within one of Britain’s remotest lighthouses in Sutherland for sale for £371,500

Two apartments and a bothy that form part of a lighthouse designed by the acclaimed author Robert Louis Stevenson’s (1850 – 1894) designer father Thomas (1818 – 1887) and his brother are for sale.

Stoer Lighthouse on Stoer Head in Sutherland, Scotland was built in 1870 and whilst the lighthouse itself is just 45-foot tall it sits at a height of 177-foot above sea level. It flashes four white ever fifteen seconds and because of the height of the cliffs on which it sits can be seen 24 miles out at sea. Automated since 1978, it is reportedly visited by 10,000 people each year in spite of its remoteness.

Whilst the lighthouse itself is operated and maintained by the Northern Lighthouse Board, the property offered consists of 1,506 square foot of renovated accommodation that includes a ground floor 2-bedroom flat, a first floor 2-bedroom flat and a bothy. Car parking is provided within a walled area and all three units are currently operated as holiday lets.

Bell Ingram have the listing and seek £371,500 ($478,000, €407,000 or درهم1.8 million) for the whole. They remark: “This is a rare opportunity… [The sale of] Stoer Lighthouse offers the potential purchaser the opportunity to continue the holiday letting business or to convert into a larger home in a stunning and unique location.”

August 15, 2017
Let There Be Light

Two and apartments and a bothy within one of Britain’s remotest lighthouses in Sutherland for sale for £371,500

Two apartments and a bothy that form part of a lighthouse designed by the acclaimed author Robert Louis Stevenson’s (1850 – 1894) designer father Thomas (1818 – 1887) and his brother are for sale.

Stoer Lighthouse on Stoer Head in Sutherland, Scotland was built in 1870 and whilst the lighthouse itself is just 45-foot tall it sits at a height of 177-foot above sea level. It flashes four white ever fifteen seconds and because of the height of the cliffs on which it sits can be seen 24 miles out at sea. Automated since 1978, it is reportedly visited by 10,000 people each year in spite of its remoteness.

Whilst the lighthouse itself is operated and maintained by the Northern Lighthouse Board, the property offered consists of 1,506 square foot of renovated accommodation that includes a ground floor 2-bedroom flat, a first floor 2-bedroom flat and a bothy. Car parking is provided within a walled area and all three units are currently operated as holiday lets.

Bell Ingram have the listing and seek £371,500 ($478,000, €407,000 or درهم1.8 million) for the whole. They remark: “This is a rare opportunity… [The sale of] Stoer Lighthouse offers the potential purchaser the opportunity to continue the holiday letting business or to convert into a larger home in a stunning and unique location.”

August 15, 2017
A Bargain Boat

Edward Kay reports on the sale of a truly striking 1-of-1 Aguti 20-metre wooden motor yacht that cost £6.4 million to build; it is offered for just £1.4 million

As most of Germany is relatively landlocked, with just the borders of the far northern cities meeting the Atlantic Ocean, it’s no surprise that some of the world’s best performance cars have come out of Deutschland. But, for a yacht building business, one generally might assume that the lack of water access would be quite a difficult hurdle to overcome. Luckily for a firm named Aguti, it set up shop on the coast of Lake Constance – one of the largest lakes in Germany – and here the company’s founder and designer Andreas Grieger has brought what truly must be considered nautical masterpieces to life.

Grieger had a desire to create a yacht with all the grand old opulence of time’s past, yet also with all the benefits of modern fittings and building technologies. He began designing such a vessel in 2003, and over the next 40 months, a fabulous wooden motor yacht slowly came to life at a build cost of some £6.4 million ($8.2 million, €7 million or درهم30.1 million). Where old and new design technologies came together most were in the hull. Here, the traditional yacht construction of utilising precious woods – in this case, mahogany – was upgraded with the integration of carbon fibre and epoxy resin. This process took 50,000 hours of craftsmanship, 40 cubic metres of mahogany, 50 cubic metres of cedar, 650 square metres of carbon fibre, and two tonnes of epoxy to complete, but the end result – a ship that had the visual appeal of a traditional wooden boat with the advantages of a modern composite yacht – was most definitely worth the effort.

This 20-metre, Riva-style owner’s driver yacht is, in my view, a design dream. Not only is it clean, crisp, and curvaceous, while also being angular, it cuts through the waves off the south of France like a hot knife through butter. It has twin 10-cylinder MAN engines – which each develop 1,100hp and together produce a maximum speed of 32 knots. All that power is hidden beneath a beautifully fitted heat-treated teak deck, spreading from bow to stern, including the extendable bathing platform. Elsewhere, the modern nautical technology of the cockpit is complemented by beautifully hand-stitched leather seats and a hydraulic ‘hard top’ roof, offering shade as well as airflow.

The openness of the cabin below allows direct passage from the cockpit and provides the captain with a view of the opulence underneath. The saloon and kitchen lead to three spacious bedrooms (larger in size than those of most London flats) which feature red mahogany furnishings, King-sized beds, and bathrooms finished in natural stone. For those looking for an escape this summer — a private oasis for you and your eleven closest friends — you’re sure to find it on this Aguti yacht.

£1.4 million ($1.8 million, €1.5 million or درهم6.5 million) is sought for the craft – a 78% discount on the cost when new.

Interested parties can contact yacht broker Edward Kay of Boatshed Riviera via email at [email protected] or +44 (0) 786 780 0908.

August 15, 2017
Tales of The Tube

South Kensington house for sale for £4 million in spite of being literally right next to a noisy London Underground line

Estate agents are not known for honesty but Strutt & Parker certainly neglected a key detail when preparing particulars for a £3.95 million ($5.13 million, €4.38 million or درهم18.83 million) property in Pelham Street, SW7.

In a brochure for what is termed a “fabulous five bedroom freehold house situated within a charming terrace of stucco fronted houses, set back behind a private paved garden,” the firm neglect to mention that exactly to the rear of the building is the busy District and Circle line.

The renovated 2,523 square foot terraced house offered spans four floors – and presumably the top floors rattle less than the lower ones – and includes a drawing room, dining kitchen, a cinema room, 5 bedrooms and 4 bathrooms. It has a garden to the front, a roof terrace and the London Underground directly next to it. How charming.

August 10, 2017