Download Empire: A Tale of Obsession, Betrayal, and the Battle for an by Mitchell Pacelle PDF

By Mitchell Pacelle

During this fast moving booklet, named one of many "Top Ten of 2001" by means of BusinessWeek, Mitchell Pacelle tells the gripping tale of the ten-year fight for regulate of America’s most famed skyscraper–a story of greed and duplicity that ate up, and approximately destroyed, the various actual property world’s such a lot arguable tycoons. "Makes for scrumptious is a grand human comedy, and Mitchell Pacelle has an excellent time with it." –The Washington put up "Who’d have idea that actual property dealings may learn like a gossipy novel of intrigue?" –Entertainment Weekly "Features criminal wrangling, political posturing, relations feuds, monetary excessive jinks, and misplaced fortunes...a finely wrought narrative that embodies the style–and the hysteria–of ny genuine estate." –USA this present day "Bluster, temperamental outbursts, one-line putdowns and never-ending deviousness, all meticulously recorded by means of Mr. Pacelle." –The Economist "Great enterprise writing or even better gossip ...reads like a go among movie noir and a Harold Robbins novel." –Publishers Weekly

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Extra info for Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon

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Not long after he met Kiiko in London, Renoir moved to Hong Kong, and their relationship blossomed during weekends in the Philippines. Kiiko struggled with her English and spoke no French. Renoir spoke little Japanese. They communicated with one another in a broken hodgepodge of English and Japanese. It was around this time that Kiiko first appeared at the office of Patricia Hawkes, an affable if slightly eccentric English expatriate in Paris. Patricia and her husband Philip were veteran real estate brokers specializing in the sale of architecturally distinctive properties at least two centuries old.

Metropolitan Life, in fact, had no desire to own a nearly empty skyscraper whose woes were intensifying as the Depression dragged on. ” Smith begged and pleaded, gaining another reprieve from Metropolitan Life, this time from the beginning of scheduled principal payments. By 1936, the city had cut the building’s assessment to just $28 million, more than $12 million less than the construction cost. Raskob and du Pont mulled over the prospects for selling the building, which was still vacant between floors 42 and 80.

Melius, a short, potbellied, onetime plumber who wears his hair combed straight back from his forehead, set out to carve the building into condominiums. Within a few years, Melius had poured $14 million into the effort, but was still well short of completing the job. With his money running dry, Melius put the castle on the market for $52 million. When he heard about the property, Naomi Okada called Yokoi immediately. qxd 08/09/2001 8:12 PM Page 57 Trophy Hunting “There’s a 170-room castle for sale,” Okada told him.

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