Manhattan’s biggest luxury contracts last week topped $20M

first_imgShare on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink 432 Park Avenue and  25 Park Row (Getty; iStock; COOKFOX)The two priciest residential deals in Manhattan last week were for condo units asking more than $20 million. That’s a promising sign for the ultra-luxury sector, which has seen some of the biggest declines since the pandemic hit.The deals were among 14 in total last week — three more than the week prior, and a significant jump on the weekly average of four during the lockdown, according to the latest market report from Olshan Realty.But Donna Olshan, who authors the reports, said she was wary of inferring anything significant from a small bump, with market volatility still the status quo.“It’s just another week in the pandemic,” she said. “A little stronger than the last week but we still have a long way to go before recovery.”The most expensive deal last week was for a 8,088-square-foot unit at Macklowe Properties’ 432 Park Avenue.The unit, which takes up the entire 34th floor of the supertall tower, is a white box that would need renovations, according to the report. It was last asking $28 million, or $3,462 per square foot. (The last 15 deals to close in the building averaged $6,217 per square foot, according to Olshan, but she said those units were finished and mostly on higher levels.)Douglas Elliman broker Shari Scharfer Rollins, who represented the sponsor with Marc Palermo, told Olshan the buyers were from the U.S. “They saw it before Covid and then they started negotiating over the summer,” she said.The second-priciest deal was for a duplex penthouse at 25 Park Row, which was last asking $25 million.The 5,956-square-foot apartment features five bedrooms, five and a half bathrooms and four terraces with a total of more than 1,000 square feet of space.Richard Hicks of the Corcoran Group, who represented the sponsor, said the buyers were a family who planned to live at the home and were drawn to its views.Across all the deals, the average discount between original and last asking price was just 4 percent — a figure Olshan said was unusual.“We’ve been averaging in the 13 percent range since the pandemic,” she noted.The average number of days on the market was 505.Contact Sylvia Varnham O’Regan Tagsdonna olshanluxury marketManhattan real estate Message* Share via Shortlink Full Name* Email Address*last_img read more

Titans’ Delanie Walker: family has received death threats

first_imgNASHVILLE, Tenn. (AP) — Tennessee Titans tight end Delanie Walker says he and his family have received death threats since he told fans not to come to games if they felt disrespected by NFL players’ protests.The Pro Bowl tight end shared the “heartbreaking” threats Thursday night in a social media post.“The racist and violent words directed at me and my son only serve as another reminder that our country remains divided and full of hateful rhetoric,” Walker wrote. “These words of hate will only fuel me in my efforts to continue my work reaching out to different community groups, listening to opposing voices, and honoring the men and women in the Armed Forces who risk their lives every day so that we may have this dialogue.”Walker and the Tennessee Titans joined the Seattle Seahawks in staying inside their locker rooms during the national anthem last weekend, and Walker walked out arm in arm with quarterback Marcus Mariota. On Monday, Walker tried to make clear he supports the military in a protest that is seeking equal rights.“And the fans that don’t want to come to the games, OK, bye,” Walker said Monday. “I mean if you feel that’s something where we’re disrespecting you, don’t come to the games. You don’t have to. No one is telling you to come to the game. It’s your freedom and your choice to do that.”The Titans had no comment Thursday night.Walker took part this spring in the NFL’s USO Tour of the Middle East. He said in his statement he gained an even greater appreciation for the men and women who defend American values. He said he used strong words in defending the Titans’ right to make their own choices.He wrote that it’s his choice to try to spark conversation for positive change and fans’ choice to attend Titans’ games, a U.S. freedom so envied around the world.“I am proud to represent the many faces of Titans fans and believe that only through a more respectful discourse can we achieves the goals of unity, peace and racial equality that I know we all strive for,” Walker said.Walker isn’t the only NFL player dealing with a backlash from protesting.Detroit Lions defensive tackle Akeem Spence shared on Twitter earlier Thursday that his father, a contractor, was denied a job on a house due to his protest. He was among the Lions who took a knee before their game against Atlanta.___For more NFL coverage: and In this Sept. 24, 2017, file photo, Tennessee Titans’ Delanie Walker (82), Marcus Mariota (8), Wesley Woodyard (59), Jurrell Casey (99) and Brian Orakpo (98) walk to the field with arms linked after the national anthem had been played before an NFL football game against the Seattle Seahawks in Nashville, Tenn. (AP Photo/James Kenney, File) ___Follow Teresa M. Walker at read more

Former Penn St women’s hoops coach Rene Portland dies at 65

first_imgPenn State again received a No. 1 ranking in 1994, but was denied a trip to the Final Four when it was beaten in the Midwest Regional final by Alabama.That was Penn State’s second season in the Big Ten, a conference the Lady Lions would dominate almost from the beginning. The Lady Lions won three regular-season and two conference tournament titles.The same year Penn State reached its first Final Four, Portland signed perhaps the best scorer in school history in Montoursville native Kelly Mazzante. In 2001, Mazzante became the first freshman ever to lead the Big Ten in scoring, and as a sophomore Mazzante was a second-team All-American by The Associated Press.Respected by her peers, Portland is a past president of the Women’s Basketball Coaches Association and was one of 10 women’s coaches asked to help the NBA develop its first women’s professional league, the WNBA, in 1997. That same year, she coached the U.S. national junior team to its first-ever gold medal at the World Championships.Portland’s pedigree stretched back to Immaculata College “Mighty Macs” — one of the first dynasties in women’s college basketball — where she played on three Association of Intercollegiate Athletics for Women national championship teams in 1972, ’73 and ’74, before the NCAA recognized women’s sports.A year after graduating from Immaculata, Portland was named head coach at St. Joseph’s, leading her first team to a 23-5 record and the AIAW national tournament. Portland spent two seasons at St. Joseph’s and two at Colorado, racking up an 87-29 record and leading all four teams into postseason play. One of her star players at St. Joe’s was future Notre Dame coach Muffet McGraw.“The Women’s Basketball Coaches Association membership, board and staff mourn the passing of past president Rene Portland,” WBCA executive director Danielle M. Donehew said in a statement. “Rene was a pioneer of our game in the modern era. As a player on the legendary ‘Mighty Macs’ teams of Immaculata College in the early 1970s, she helped establish a standard of excellence to which national championship teams since have aspired.“As head coach at Penn State, she was recognized by her peers as a WBCA National Coach of the Year in 1991 and 2004. And as our association’s president during the 1989-90 academic year, she united the WBCA community of coaches to pressure the University of Oklahoma administration into reversing its decision to discontinue its women’s basketball program. Rene’s contributions to our sport as a player and as a coach will never be forgotten.”In 1980, Portland was hired by Joe Paterno to succeed Pat Meiser as head coach at Penn State — the only head coach Paterno hired during his tenure as Penn State’s athletics director.“At the time, I thought she was right for Penn State, and I feel good about it,” Paterno said 22 years later.“She’s done a great job, and she does it the way I think we want it done at Penn State. Her kids go to school, they graduate, they handle themselves well and they play well.”Portland is survived by her husband John; daughters Christine, who played for Portland at Penn State, and DeLisa and sons John Jr. and Stephen. Portland also had seven grandchildren.___AP Basketball Writer Doug Feinberg contributed to this story. She was 65. D’Anjolell Memorial Home of Broomall in Pennsylvania confirmed her death Sunday.Portland coached the Lady Lions’ first All-Americans, achieved their first No. 1 ranking and reached their first Final Four. Of her 693 wins, 606 came as coach of the Lady Lions.“The Penn State Athletics family extends our deepest sympathies and heartfelt condolences to the family and friends of Coach Portland,” Director of Athletics Sandy Barbour said in a statement.“She made a significant impact on women’s basketball, Penn State Athletics and the State College and Lady Lion Basketball communities.”With dazzling point guard Helen Darling and stellar center Andrea Garner, Penn State reached the 2000 Final Four in Philadelphia, upsetting Iowa State and Louisiana Tech before falling to eventual-champion Connecticut in the national semifinals.Late in her career, Portland also faced accusations she discriminated against players whom she perceived to be gay, with a former player suing Portland and the school in 2005.An internal school investigation led to a one-game suspension and $10,000 fine though Portland disputed the findings. The lawsuit was settled confidentially.She resigned as coach of Penn State in 2007.Portland was inducted into the Philadelphia Sports Hall of Fame last November. “Rene fought a courageous and determined fight against her cancer,” former Virginia coach Debbie Ryan said.“She will be remembered as someone who gave her life to her family, her teams and her women. As a player, she was a fierce competitor at Immaculata and she carried that trait into her coaching career. She was a wonderful wife, mother and grandmother and friend who will be missed.”Portland took over a successful program, and the Lady Lions finished 19-9 in 1981 in her first season. The next year, Penn State finished 24-6 and received an invitation to the first NCAA women’s basketball tournament.The Lady Lions emerged as a national power in 1985, reaching the round of 16 in the NCAA tournament behind Atlantic 10 Player of the Year Kahadeejah Herbert and freshman point guard Suzie McConnell, who would go on to be an All-American and Olympic gold-medalist.On Jan. 3, 1991, a Penn State team led by Susan Robinson beat top-ranked Virginia and Dawn Staley on the road, 73-71, and four days later the Lady Lions had their first No. 1 ranking. In this March 2, 2003 file photo Penn State women’s basketball coach Rene Portland waves the net she cut down to celebrate their Big 10 regular season championship after defeating Wisconsin in State College, Pa.  (AP Photo/Pat Little, file) Rene Portland, who built Penn State into a women’s basketball powerhouse during a 27-year tenure, has died after a three-year fight with cancer. The Lady Lions went into the NCAA tournament with a No. 1 ranking and a 29-1 record that year, but after getting a bye in the first round, Penn State was upset in the second round by James Madison.last_img read more