Tag: for sale

  • Bankrupt in Barton Street

    Bankrupt in Barton Street

    The story of “fallen tycoon” Brian O’Donnell, the differences between bankruptcy in the UK and Ireland and an £11 million mansion

     

    In these straightened times, the media in general and the Daily Mail in particular quickly latch on to stories about benefit scroungers living in luxury homes. They’re less quick, however, with the exception of the case of Grant Bovey (“Mr Anthea Turner”), to make reference to stories of bankrupt individuals remaining in multi-million pound mansions.

     

    Brian O'Donnell with his wife Dr Mary "Pat" Patricia O'Donnell
    Brian O’Donnell with his wife Dr Mary “Pat” Patricia O’Donnell

    A most newsworthy example, though, has to be that of Irish property investor Brian O’Donnell and his psychiatrist wife Dr Mary Patricia “Pat” O’Donnell. Mr O’Donnell, who bought the Sanctuary Buildings in London for £170 million and paid $172.5 million for a 199,000 square foot property on Pennsylvania Avenue in Washington in 2008, started his career as a solicitor and eventually founded his own firm, Brian O’Donnell & Partners, in 1999. In time, he and his wife diversified into property investment and at the height of his success, Mr O’Donnell was described as “the Celtic Tiger poster child”. With the recession, however, came problems and by 2011, they owed Morgan Stanley €457 million, Aareal €235 million, and the Bank of Ireland circa €75 million.

      (more…)

  • BT phone home

    BT phone home

    The future for red telephone boxes

     

    The red telephone box is something that tourists often cite as being symbolic of Britain. Just like the red London bus and the red pillar box, though, these Sir Giles Gilbert Scott designed kiosks are sadly disappearing from our streets.

     

    Decaying red telephone boxes are an increasingly common sight throughout Britain
    Decaying red telephone boxes are an increasingly common sight throughout Britain
    Traditional red "K6" model telephone boxes being removed from Warwick town centre
    Traditional red “K6” model telephone boxes being removed from Warwick town centre

     

    Killed by the mobile phone revolution, British Telecom successfully lobbied to remove public telephones as usage has declined dramatically. The company state that calls from payphones have fallen by more than 80% in the last five years and that around 60% of the boxes cost more to maintain than they generate in revenue.

      (more…)

  • Five of the best: Treehouses

    Five of the best: Treehouses

    Five of the best palaces in the trees

     

    When one thinks of treehouses, one generally imagines pretty rudimentary creations built out of old boards and bits of rope. Now, though, treehouses are becoming more and more extravagant. As individuals such as J. K. Rowling and the Duchess of Northumberland construct vast palaces in the trees in their gardens, The Steeple Times examines five of the best:

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  • Over Pegged

    Over Pegged

    A 1954 Pegaso Z-102 fails to sell at Amelia Island

     

    Earlier this week we reported that a one-off Spanish supercar, a Pegaso Z-102 Series II cabriolet by Saoutchik, was to go to auction at the RM Auctions sale at Amelia Island today, Saturday 9th March 2013.

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  • Pining for a Pegaso

    Pining for a Pegaso

    A rare Spanish made supercar heads to auction at Amelia Island

     

    Spain is not a country that one naturally associates with supercars but between 1951 and 1958, Pegaso, a company known for producing buses, trucks and tractors, manufactured approximately 84 state-of-the-art sports cars. One of these rarities, a one-off 1954 Z-102 Series II cabriolet with bespoke bodywork by the renowned French firm Saoutchik, goes to auction at Amelia Island this Saturday, 9th March.

       (more…)

  • Till death do us part

    Till death do us part

    The sale of a $100 million Californian estate with a catch

     

    If you were to spend $100,000,000 on a house, you’d expect something impressive. I imagine you’d want acreage, vast amounts of space and something luxurious. Stunning views and a prime location would be a must but at the bottom of your list, no doubt, would be something that someone purchasing a place for even a $1 would expect – that being that you’d be able to actually move in.

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  • Reduced times

    Reduced times

    The tale of a pioneer landowner reduced to bankruptcy and a Baywatch babe fighting off her debtors

     

    Former Baywatch babe turned animal rights campaigner Pamela Anderson purchased 23445 Malibu Colony Drive in Malibu, California in 2000 for $1,800,000 with her then husband and subsequent on-off lover Mötley Crüe drummer Tommy Lee. She has just placed the property on the market for $7,750,000 as part of an attempt to solve her financial woes. (more…)

  • Bang, Bang, Snap, Snap

    Bang, Bang, Snap, Snap

    The sale of The Duchess of Cambridge’s uncle’s holiday villa, La Maison de Bang Bang

     

    Just as it is reported that the pregnant Duchess of Cambridge is said to be furious about photographers having managed to capture her in a bikini on a beach on the private island of Mustique, another of her previous holiday destinations has come to the market.

     

    Kate Middleton and Prince William aboard Tapeka Point during their 2006 holiday in Ibiza.
    Kate Middleton and Prince William aboard Tapeka Point during their 2006 holiday in Ibiza.
    Carole Middleton's brother businessman Gary Goldsmith.
    Carole Middleton’s brother businessman Gary Goldsmith.
    La Maison de Bang Bang's sign.
    La Maison de Bang Bang’s sign.

     

    The Duchess, as Kate Middleton, stayed with Prince William at the holiday home of her uncle, Gary Goldsmith’s in Ibiza in 2006. During the break at the exotically named La Maison de Bang Bang, the Prince and Miss Middleton were photographed on a motor launch, Tapeka Point, that was subsequently put up for auction in April 2012 for £120,000.

     

    La Villa Bang Bang
    La Maison de Bang Bang
    An aerial shot of the property
    An aerial shot of the property

     

    The 4 double bedroom villa, named according to its official website, after “Ibiza’s famous banging house music”, is just five minutes from the Cala Jondal beach and the “hip” Blue Marlin beach bar. The house stands on a plot of 23,850 square metres and includes a large reception room, 4 dining areas and a fully equipped gym. In addition there is a staff bungalow, swimming pool and tennis court.

     

    The main reception area in the house.
    The main reception area in the house.
    One of four dining areas.
    One of four dining areas.
    One of four double en-suite bedrooms.
    One of four double en-suite bedrooms.
    An example of Mr Goldsmith's humour.
    An example of Mr Goldsmith’s humour.
    Buddhas can be found throughout the villa.
    Buddhas can be found throughout the villa.
    And also in the garden.
    And also in the garden.
    As well as an outdoor swimming pool, there is a full sized tennis court.
    As well as an outdoor swimming pool, there is a full sized tennis court.

     

    In a statement to the Daily Telegraph’s “Mandrake”, Goldsmith, who was subject to a News of the World sting at La Maison de Bang Bang in 2009, commented:

     

    “I’m looking to buy a bigger house in London, given that I have only been there myself once in the last two year… After what seems like a million years of fun, fun, fun, I’m selling Bang Bang, folks”.

     

    Of the house itself, Mr Goldsmith told the Daily Mail’s Richard Kay:

     

    “It’s on for 6.5 million Euro. Despite the Spanish economy, it’s a good time to sell because the Euro is very strong at the moment, plus Ibiza isn’t like mainland Spain. It has a micro-economy all of its own”.

     

    Knight Frank’s particulars for La Maison de Bang Bang were prepared last September and though Mr Goldsmith, who made £275 million selling his recruitment business in 2005, may be a canny businessman, it seems as if he may have to wait some time before someone else decides to put their bucks into the Bang Bang.

     

    For more information on La Maison de Bang Bang, contact Knight Frank on +44 (0) 203 641 5161.

     

    To view particulars on the house, go to: http://content.zoopla.co.uk/a6420c8137a5d9f4e81b6c108c398e4bf467c6ed.pdf

     

    To view the official website for the house, go to: http://www.rentibizavilla.com

  • Booking Bernie

    Booking Bernie

    An opportunity to buy 110 books that previously belonged to Bernard and Ruth Madoff

     

    An ebay seller with a 99.1% rating is selling a collection of books and stationery that they claim was previously owned by the Ponzi schemer Bernard L. Madoff and his wife, Ruth. A price of $1,250 is sought including shipping.

     

    Books formerly owned by Bernard and Ruth Madoff
    Books formerly owned by Bernard and Ruth Madoff
    Bernie and Ruth Madoff in happier times
    Bernie and Ruth Madoff in happier times
    A closer view of Mr Madoff's stationery
    A closer view of Mr Madoff’s stationery

     

    Previously auctioned in the US marshal’s seizure sale of the possessions of the couple, the titles of the 110 books give a unique insight into the psyche of this monstrous pair. Amongst them are:

     

    • The World Must Know by Michael Berenbaum
    • The Final Days by Barbara Olson
    • Complete Guide to Executive Manners by Letitia Baldridge
    • The Lost Father by Marina Warner
    • Riding The Rap by Elmore Leonard
    • Women’s Ways of Knowing by Mary Feld Belenky, Blythe Mcvicker Clinchy, Nancy Rule Goldberger and Jill Mattuck Tarule
    • Writing a Woman’s Life by Carolyn G. Heilbrun and Katha Pollitt
    • No Ordinary Time by Doris Kearns Goodwin
    • Rules of Prey by John Sandford
    • Wizard at Large by Terry Brook

     

    If only someone had studied Bernie’s bookshelf when his activities were first questioned in the 1990s. Perhaps then he would have been brought to book a little more speedily.

     

    Whilst this sale concludes on 30th January 2013, other books are also available as single lots at prices starting at $50. Even more bizarrely, other listings include the Madoff’s hand initialed bathroom scales ($50), two carbon monoxide detectors owned by the couple ($50) and their Sony DVD player ($175).

     

    The truth, as they say, is often stranger than fiction.

     

    To bid on the books, go to: http://www.ebay.com/itm/BERNARD-BERNIE-MADOFF-RUTH-PERSONAL-110-BOOK-LIBRARY-COLLECTION-/261149254961?pt=LH_DefaultDomain_0&hash=item3ccdb56531

  • A Gipsy flies

    A Gipsy flies

    The story of a 1929 bi-plane with a truly fascinating pedigree

     

    Britain’s best-known wartime Prime Minister piloted a Gipsy Moth aeroplane that will be sold by auctioneers Bonhams in February 2013 at a guide of £120,000. The same craft was also featured in an iconic 1980s film and was also supposedly flown by a member of the Fiennes family who mysteriously disappeared in 1998.

     

    The 1929 De Havilland DH 60 GMW Gipsy Moth bi-plane G-AAMY that will be sold by Bonhams at the Grand Palais in Paris in February 2013
    Sir Winston Churchill (1874 – 1965)

    Piloted several times by Sir Winston Churchill (1874 – 1965) and used in the Oscar award winning Out of Africa, this 1929 De Havilland Gipsy Moth bi-plane is 24-foot long and has a 30-foot wingspan. It is capable of a maximum speed of 105mph and “wears” a yellow and black livery. It’s registration is G-AAMY in homage to the pioneering English aviatrix Amy Johnson (1903 – 1941).

     

    In the film, the plane was flown by Robert Redford but though the life of the big game hunter Denys Finch Hatton he played is intriguing; the exploits of Redford’s aviator double are just as fascinating a story.

     

    Sydney Pollack’s “Out of Africa” (1985) starred Robert Redford and Meryl Streep
    Tom Danaher pictured whilst filming with Mel Gibson

    Few outside of the aviation world will have heard of Tom Danaher (1929 – ) but aside from Out of Africa, he’s pretty much done it all. After graduating from a high school in Dallas in 1941, he became a Marine Corps fighter pilot. Stationed on Okiwana in August 1945, he shot down the last Japanese bomber on the final night of the Second World War and also made history, aged 21, for downing three other Japanese “Betty” bombers in the eight nights before the ceasefire.

     

    Recalled to active service in 1951, Danaher flew one of the earliest jets, the F3D Skynight, with the Marines in Korea on night combat patrols and then was part of the last combat mission on a high altitude bombing strike over Pyongyang, North Korea in July 1953.

     

    Danaher’s passion for flying continued after the war and in 1954 he flew his own plane, a 1948 Bonanza, to England to visit friends he’d made from the RAF whilst in Korea. To make the journey, he built a 109-gallon auxiliary fuel tank so that he could fly straight across the Atlantic. On the way home he called in for an audience with Pope Pius XII in Rome.

     

    The surplus Second World War minesweeper from which Wonderful Radio London operated in the 1960s

    Danaher’s visits to England led to him becoming involved in a pirate radio station in from 1944 to 1967 named Wonderful Radio London. Like many others, Danaher was not impressed by the BBC’s monopolistic attitude to radio programming and so helped build a 17,000-watt station on a surplus Second World War minesweeper. It was anchored three and a half miles off the English coast and outside of Britain’s territorial limit. Of the experience, Danaher told Airport Journals:

     

    “We had someone in Dallas who would record KLIF, a top 40 station, and we put it right on the air… The Englishmen over there just ate it up… The station programmed news and top 40 music and was very successful. It had the largest listening audience of any of any commercial broadcast station at the time.”

     

    Back in America, Danaher owned three car dealerships in Wichita Falls, Texas but sold them in 1972 to open his own airport, the Tom Danaher Airport. Lake Wichita Airport (7TXO), as it was also known, kept the aviator busy but he has also piloted in films numbering Empire of the Sun, Sky Bandits, Air America, Bad Medicine, The Pleasure of Love, White Hunter Black Heart, Cliffhanger and Goldeneye.

     

    In 1985, Danaher was recruited to fly Gipsy Moth G-AAMY by Sydney Pollack (1934 – 2008), the American director of Out of Africa. He recounted his six week experience on set in Masai Mara, Kenya in an interview for his local Texan newspaper, the TimesRecordNews, in 2008. Here, he highlighted the problems of trying to film with a vintage plane that “has no brakes and is difficult to steer”:

     

    “Robert Redford couldn’t make the thing turn. It took considerable finesse to turn it on the ground… The third time, he gave it full throttle… The left wing contacted a thick thorn bush and it tore some of the fabric off the lower left wing of the plane. We couldn’t fly it the rest of the day.”

     

    Other dramas arose with G-AAMY in terms of Meryl Streep’s body double refusing to fly in it and the craft struggling to reach the high altitudes necessary to film a sweeping shot of the plane flying past a waterfall. Danaher took charge stating: “If I can get a piece of string and a ruler, I can fix this.” He found just such, cleverly installed them and Pollack: “got every single shot he wanted.”

     

    Pilot Roger Fiennes (1944 – 1998) pictured with Alexy Zaitov during the 1989 Glasmoth project expedition to Moscow and back

    Another person to have piloted the Gipsy Moth G-AAMY, according to a comment left in the PPRuNe Professional Pilots Rumour Network forum, was a man named Roger Fiennes. Whether this “rumour” is true or not, the cousin of the actor Ralph Fiennes and the explorer Sir Ranulph Fiennes, is another character with a flying history as fascinating as his true family name – which turns out to be “Twisleton-Wykeham-Fiennes” when presented in full. Of why he did not use this lengthy and historic surname, Fiennes is said to have once commented:

     

    “You try writing that signature on a 6 foot long cheque book.”

     

    Fiennes flew many hours in a variety of planes and one of the best documented was an expedition supported by the Daily Mail from White Waltham Airfield in Berkshire to Sheremetyevo Airport in the Soviet Union in April 1989 and back. He flew one of three Tiger Moth bi-planes with a Russian navigator named Alexy Zaitov. The journey took three weeks to complete, involved 33 perilous stops and covered 5,000 miles.

     

    On 19th April 1998, Fiennes was piloting a 1941 DH82A Tiger Moth, G-BALX, from Dieppe to Headcorn Aerodrome in Kent but he failed to reach his destination. The Air Accidents Investigation Branch (AAIB) report into the disappearance concluded:

     

    “Although the pilot contacted Paris Information by radio, in the absence of a specific request, the flight plan was not activated. Lashenden was therefore unaware of the flight’s departure and ETA. When the aircraft was reported missing overdue action, and the subsequent Search and Rescue operation, which was activated on the morning of 21 April 1998. Since then there has been no sign of the aircraft or pilot.”

     

    Articles at the time and forums since are sparse in detail but several forum posters and articles suggest that Mr Fiennes had “mounting debts and a string of business collapses.” Whilst some go as far as to suggest a “Lord Lucan” style disappearance and make references to “paddling canoes” and “check[ing] the Panamanian register,” others remember a “nice guy, sadly missed.” Whatever really happened that fateful day, though, will probably never be solved.

     

    Another image of Gipsy Moth G-AAMY

    G-AAMY, which was marked G-AAMT for the filming of Out of Africa, is a plane with a remarkable past. We suspect there’ll be a few more dramas for this craft yet.

    The 1929 De Havilland DH 60 GMW Gipsy Moth bi-plane G-AAMY will be sold by Bonhams at the Grand Palais in Paris, France sale during Rétromobile week (6th to 7th February 2013). For more information telephone +33 1 42 61 10 11 or go to: http://www.bonhams.com

     

    To learn more about Tom Danaher’s experience flying G-AAMY in Out of Africa, read the full TimesRecordNews report by Lara K. Richards at: http://www.timesrecordnews.com/news/2008/jun/08/fly/?print=1

     

    To read the AAIB account of the disappearance of Roger Fiennes and DH82A Tiger Moth, G-BALX, go to: http://www.aaib.gov.uk/cms_resources.cfm?file=/dft_avsafety_pdf_502449.pdf