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Female UK Hedge Funder Revealed as Buyer of Maltese Falcon

Filed under: Yachts & Sailing, Wealth


The mystery buyer of the 289-ft. Maltese Falcon, the world's largest, best designed, and most expensive sailing superyacht, has been revealed as Elena Ambrosiadou, Greek-born founder of hedge fund Ikos Partners. The UK's highest-paid woman and its wealthiest female entrepreneur, Ambrosiadou, pictured above after winning the Perini Navi Cup with her new toy (and collecting the Rolex prize), is said to have paid $120 million for the megayacht. Built by Perini Navi for venture capitalist Tom Perkins in 2006, it remains the ne plus ultra of sailing superyachts, a masterpiece of technology and design, and was recently featured on the cover of Luxury Toys: Top of the World. Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.

[via JamesList]

Tom Perkins Buys In At The Millennium Tower

Filed under: Real Estate Developments


Venture capitalist Tom Perkins has been in a selling mood lately. He reportedly sold off the Maltese Falcon for $100 million and his long-time Belvedere, California home, which was on the market for $20.5 million, is no longer listed. But Perkins has bought something too. The Wall Street Journal reports that Perkins recently closed on a 4,800-square-foot residence on the 60th floor of Millennium Tower in downtown San Francisco for $9.35 million.

The unit which has views of San Francisco Bay from the Golden Gate Bridge to the Bay Bridge and beyond is said to be the best unit in the building. Another similarly sized residence on the same floor sold in June for $8.1 million. The building's prices were reduced by 15 percent in February. The tower includes a club level with a screening room, pool and pool terrace, fitness club, tasting room, lounge, dining room and fitness center. A residents-only dining room is serviced by Michael Mina's restaurant RN74 which is located in the tower.

Maltese Falcon Reportedly Sold for $100 Million

Filed under: Yachts & Sailing, Wealth

Maltese Falcon
The 289-ft. Maltese Falcon, the world's largest, best designed, and most expensive sailing superyacht, has reportedly been sold for $100 million just a week after we reported the price had been slashed by $40 million. The incredible craft, which had at one point been listed as high as $165 million, was built by Perini Navi for venture capitalist Tom Perkins. The London Times reports Perkins has now found a buyer. "It has taken a while," he conceded to the paper, noting his profit margin had shrunk somewhat. "It is not the best time in the world to sell it. I can't tell you anything at all about the buyer. There is confidentiality." With its three 20-story carbon fiber masts fully rigged the yacht can cross the Atlantic in 10 days.


The Classicist: Maltese Falcon, Yours for $130 Million

Filed under: Yachts & Sailing, The Classicist


The world's largest, best designed, and most expensive sailing yacht, the famous 289-ft. Maltese Falcon, has been listed for sale via global online luxury marketplace JamesList for $130 million. Built by Perini Navi for venture capitalist Tom Perkins in 2006, it remains the ne plus ultra of sailing superyachts, a masterpiece of technology and design, and was recently featured on the cover of Luxury Toys: Top of the World. Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.

The yacht's incomparable interior is ultra-luxurious with a rich contemporary décor, and whimsical touches such as a statue modeled on a vintage Bugatti - a reference to the real Bugatti Perkins sold to help finance the yacht's construction. The interior finds its zenith in the atrium where the three decks are united by a circular stairway surrounding the main mast creating a spiraling effect, enhanced by natural light cascading from the top to the lower decks through transparent floors. The main deck is a wide open space featuring a main saloon, an enormous aft cockpit, two separate studio areas and a majestic dining room.

Twelve guests berthed in five lower deck staterooms and one inimitable owner's cabin on the upper deck with a private cockpit, a protected sun bathing area and direct access to the ultramodern wheelhouse at the heart of the whole vessel offer uncompromising comfort. An updated Art Deco feel is achieved using leather, steel and light-colored wood. One of the guest staterooms is a full beam master with a king berth, a separate full beam dressing room and a private gym on the lower deck. The other four guest suites can convert into two enormous VIP suites each with en suite baths. There are also facilities for 16 crew to look after the guests.


Sunday Real Estate Round-Up, 11/02/08

Filed under: Estates, Celebrity Shopping


From the LA Times Hot Property:
--Rosemarie Stack, the widow of Robert Stack has put her Wilshire corridor condo up for sale for $6.5 million, shown above. It is listed here.
--"CSI: Miami" actress Khandi Alexander's Hollywood Hills home is still on the market. We'll be checking it out later as our estate of the day.
--Meg Ryan's Bel-Air home is now officially listed at $19.5 million. The listing is here.
--Roy Schlobohm, whose father founded the Shirley's of Hollywood bra and lingerie manufacturing company in 1948, has listed his Malibu beach home at $13.3 million. It's too pretty to pass up, we'll be checking this one out later this week.
--World champion ice skater Tai Babilonia listed her Sherman Oaks home at $1,085,000 and it was in escrow in less than a week.

From the Real Estalker:
--Venture capitalist Tom Perkins has put his home in the Bay Area back on the market for $20.5 million. It was that same price back in 2006 when we checked it out as an estate of the day.
--Tori Spelling and Dean McDermott have picked up a home in Encino for $2.495 million. Their Westwood home was our estate of the day recently.
--Toby Keith has put his Nashville home on the market. It was our estate of the day on Saturday.
--Jade Jagger has put her London house on the market. We'll be checking out this one on Monday.

From the NY Post's Gimme Shelter:
--Alex Rodriguez has lowered the price of his Park Avenue apartment and is also offering it for rent. He is now asking $12.5 million for the four-bedroom unit Trump Park Avenue or will rent the place unfurnished for $50,000 a month. Braden Keil took a tour and found it "surprisingly elegant" looking "more like the home of a buttoned-down business executive than an athlete." We covered this and A-Rod's other home for sale as our estate of the day last week.
--Model Elizabeth Jagger has moved out of her Greenwich Village apartment after the owner of the five-unit townhouse decided to put it on the market. The listing for the five-story 1853 Anglo-Italianate townhouse, available for $7.95 million, is here.

From the Wall Street Journal's Private Properties:
--Baseball player Steve Finley and his wife, interior designer Amy Finley have put a beachfront home in Del Mar, California on the market for $21.5 million. We'll be taking a closer look at this one on Tuesday.
--Dennis Kozlowski, the former CEO of Tyco, is still in jail but is still trying to sell his Nantucket home. He bought the home for $5 million for the house in 1997. The current asking price of $16.45 million is less than the home's assessed value of $16.92 million. The listing is here.
--In Manhattan, a 10-room apartment at The Dakota is now listed for $19.5 million, down 19% from its original $24 million set in June. The owner is a Wall Street executive and the listing is here.
-- Diandra De Morrell Douglas, the ex-wife of actor Michael Douglas, is in contract to sell her townhouse which was most recently listed at $9.25 million.

From the NY Observer's Manhattan Transfers:
--Corcoran broker Deborah Kern, has two $12 million NYC listings, her own eight-room Majestic co-op which she and her husband, James Kern, a former senior managing director at Bear Stearns, paid j$5.2 million for in 2005 and the Park Avenue home of Mark Goldstein, who became the co-head of Bear Stearns' European investment banking last year who bought his home for $5.275 million in 2006.
--Sheridan Mitchell Lorenz, whose father, the Texas natural-gas mogul George P. Mitchell, is currently ranked by Forbes as No. 349 on the list of the world's billionaires, just bought a condo at 50 Orchard Street for $1.4 million.
--Alice R. Gottesman, whose father is the investor David Gottesman (No. 428 on the Forbes list ), spent $6,957,917 on two neighboring co-op units at 118 West 79th Street.
--Roy Judelson, whose father, David Judelson, co-founded Gulf & Western in 1956 and the biotechnology company Biopure decades later, has a bigger apartment. He and his wife paid $10.5 million this month for an 11-room, four-bedroom, 3,950-square-foot co-op at 33 East 70th Street.
--The Park Avenue home of the late fashion designer turned real estate executive turned Showgirls producer Charles Evans has had another price cut. It was originally listed at $29.5 million and is now at listed at $20 million. The listing for the triplex penthouse is here.

From Newsday's Real LI :
--Kenjocketey, a Lloyd Neck, NY estate that we first covered back in 2005 when it was for sale for $16.25 million is still on the market, now for an even $13 million. The listing is here.
--Fashion designer Adrienne Vittadini has lowered the price of her Water Mill, New York home to $6.495 million. It will be an estate of the day later this week.

From Berg Properties Big Time Listings:
--A four-bedroom house in Los Angeles' Los Feliz neighborhood that the late actor Paul Winfield had owned until he died in 2004 has sold for $3.65 million.

From TMZ:
--Orlando Magic star, Dwight Howard has picked up a new home in Longwood, Florida for around $8 million and it's a former estate of the day which was once listed at $9.7 million.
--Nicolas Cage who recently has listed several of his properties has put one of his New Orleans homes for sale for $3.7 million (Big Time Listings reports he bought the home for $3.45 million in 2005). The listing is here.

From the IHT's Raising the Roof blog:
--Villa Fontana, a 16th Century villa outside the Tuscan town of Cortona is on the market for the first time in 500 years. The 16-bedroom villa is listed at 8 million euros.


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