Fairway to heaven
Buyer moving Golf mag to a bank building
get to keep bankers’ hours? Golf and Golf.com, which were sold by Meredith last week, will be moving their offices into Manhattan’s Emigrant Savings Bank building.
It’s a rather odd choice until you understand that Howard Milstein, who bought the properties from Meredith, also owns the bank — which happens to be the oldest savings entity in the city.
Milstein, who made his name in real estate before taking over the 168-year-old bank, has big ties to the golfing industry. He invested in Jack “Golden Bear” Nicklaus’ brand — which slapped the golf great’s logo on everything from golf balls, wine, shoes and books, to ice cream, beverages — and golf courses.
Milstein made the purchase through his Emigrant Capital investment arm, Golf Senior Editor Michael Bamberger wrote in a blog post.
Milstein paid about $15 million for the magazine and related Web site, sources said.
“If you hang out at the front door of Emigrant Bank in the heart of Midtown Manhattan, you will occasionally see Jack Nicklaus coming or going,” Bamberger wrote. “Or you’ll see a FedEx Delivery person hauling in a long rectangular box with Miura golf clubs in them. Or you’ll see a dapper gent of a certain age (66) with the Wall Street Journal on his tablet and the Robb Report and newest issue of Golf Magazine in his attaché case. That man is Howard Milstein.”
New York Fashion Week may be over, but designers aren’t done boasting about the Hollywood A-listers who attended their shows.
The names being dropped aren’t of the Gwyneth Paltrow or Kim Kardashian variety, however.
Carlisle, a Big Apple apparel designer that caters to high-powered executives — those who can afford its $600 dresses and $800 jackets — boasts that those attended its first-ever fashion show (photo right) are more of the C-suite variety.
CEOs Amy Schecter of Glamsquad and Michele Heary of Vhernier, and Ann Leahy, director of Kendo Brands, paid their respects to the 30year-old brand, which counts among its famous fans MacKenzie Bezos (yes, Jeff’s better half), UN Ambassador Nikki Haley and JPMorgan Chase CFO Marianne Lake.
“We dress them for work, for events and the pool,” Carlisle CEO Terrance Moorehead told The Post’s Lisa Fickenscher.
Financial infidelity is rampant in America.
A poll by a national nonprofit aimed at increasing Americans’ financial know-how revealed that nearly two in five couples cheat on their significant other when it comes to finances.
That’s up from one in three a few years ago.
Cheating how? Well, by misleading or lying to each other about household finances and spending in most cases, according to the National Endowment for Financial Education. Latinos are the most financially faithful, with just 38 percent of respondents saying they cheat. African Americans are the biggest cheaters, according to the poll, with 56 percent saying they lie about money. Roughly 40 percent of whites say they cheat financially. Clade, a new private online community for wealthy investors and philanthropists, has added a novel category to its networking and dealmaking platform: art. Maccarone, a New York/Los Angeles-based art gallery, is launching a digital-only exhibit of artist Nate Lowman on the site, comparing his works with 20th century masters like Andy Warhol, John Baldessari, Cindy Sherman and Jackson Pollock. In the online exhibit, gallerist Michele Maccarone shows how Lowman pays homage to legendary Modernist painters by including their work. “This is something that would likely not be able to happen in an actual gallery,” said Jonathan Lipton, Clade’s CEO. Lowman’s art, which sells for millions of dollars, will also be for sale on the site. The pieces will sell from $200,000 to $2.5 million — and Clade will take a commission on each sale.