expire-images:2009-4-1

Moby's Real Estate Woes

Filed under: Estates, Celebrity Shopping

Musician Moby is facing real estate woes on both coasts this week. He has been trying to sell his charming New York co-op in the El Dorado since last summer (check out pictures from our estate of the day posting here) but seems to be having trouble finding a buyer his co-op board will love. Moby bought the two-bedroom tower apartment for $4.5 million in September 2005 and it is spread out over four levels and has terraces with terra cotta tiles, stone parapets and of course, mega views. He originally listed it at $7.5 million and found a buyer but the El Dorado co-op board turned the buyer down. Moby got smart and Main Street reports that he is now offering $75,000 as a finder's fee to anyone who can help him find a buyer that can pass muster.

As we heard a couple months ago, Moby and his friend fashion designer Stacey Bendet bought a $3 million house in the Hollywood Hills with the plans to turn it into a showplace for stylists and celebs with the garage as Moby's recording studio. Now neighbors aren't thrilled with idea of a music studio in the area and are warning him not to pursue the renovation. A neighbor said to the NY Post that they kicked Prince off the street for making noise and so Moby should be careful. Gee, life as a peace-loving vegan millionaire is tougher than I thought.

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Tags: el dorado, expire-images:2009-4-1, moby, real estate

South Korea's New President To Donate His Salary

by Deidre Woollard (RSS feed) —

Filed under: Charity

South Korea's new president Lee Myung-Bak seems determined to prove to dedication to the poor. Not only did he pledge during his election campaign to donate his entire fortune (estimated to be around $30.2 million) save for a retirement house in Seoul, but now he has said he will donate his presidential salary to help the underprivileged. CNN reports that he made the pledge during a meeting with reporters on Sunday. He made his fortune as a CEO of an engineering and construction company and when he was the mayor of Seoul from 2002 to 2004 he also donated his salary. He will be donating his salary each year of his five year term. Korea.net says that he received about 16.5 million won ($16,640) in his first presidential pay packet on March 10. Now if only our Presidential candidates would make that kind of pledge.

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Tags: expire-images:2009-4-1, Lee Myung-Bak, LeeMyung-bak, president, south korea, SouthKorea

McDreamy, The Fragrance

by Deidre Woollard (RSS feed) —

Filed under: Cosmetics and Fragrance

The renaissance of Patrick Dempsey's career continues with the news that he has his own fragrance. Dempsey, whose recent surge of popularity includes his role as McDreamy on Grey's Anatomy and his turn as a Versace model, is working with Avon to be the face of a men's fragrance set to be launched in November. The fact that he's going with Avon is no surprise, his wife, Jillian Fink Dempsey, is Avon's global creative color director. WWD reports that the multiyear contract with Dempsey could be bring him as much as $5 million to $6 million over three years.

Gallery: Celebrity Men's Fragrances