AVENUEinsider January 1, 2011 by AVENUE Magazine

JANUARY

2011

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AVENUE

JANUARY 2011

VOL. 35 NO. 1

FEATURES 36

GIRL OF THE YEAR Hannah Bronfman has the beauty, pedigree and talent to do it all—and she does. Claims to fame include DJ, fashion designer and co-owner of a record label and a restaurant . . . and she just graduated college. A peek into the fabulous life of New York’s new it-girl. by peter davis photographs by morgan miller styled by cricket burns

THE PALM BEACH A-LIST As the island gears up for its 100th anniversary, a look at everyone who’s anyone in Palm Beach. introduction by renée morrison

PEGGY SIEGAL IN DOHA The über-publicist travels to Qatar for yet another glamorous film festival. by peggy siegal

GRAFF GROWS UP The legendary international diamond jeweler celebrates 10 years in America and a New York presence that changed Madison Avenue for the better.

this page Nude silk and tulle cocktail dress by J. Mendel. White diamond Bull’s Eye necklace by GRAFF.

on the cover Hannah Bronfman wears the cotton Side Bows Blouse and leather skirt, both by Louis Vuitton. Hosiery by Agent Provocateur. Shoes by Christian Louboutin. Hopscotch diamond bracelet, diamond bracelet and diamond and ruby bangles, all by Leviev. Photographed by Morgan Miller at Hotel Griffou. Styled by Cricket Burns. Hair by Marco Maranghello and makeup by Sandra Lamarre, both for John Barrett Salon.

4 | AVENUE MAGAZINE · JANUARY 2011

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AVENUE

JANUARY 2011

VOL. 35 NO. 1

COLUMNS 10

CHRONICLES Harvey Weinstein, Tina Fey, Russell Simmons and other celebs on their New Year’s resolutions. By Debbie Bancroft

PYTS AVENUE’s very own 35th anniversary party at Lavo was a night to remember. By Peter Davis

OBJECTS OF DESIRE Cocktail rings that make a statement. By Cricket Burns

OLD NEW YORK On New Year’s Eve in 1908, a history-making ball-drop from the old New York Times building started a tradition that has outlasted the structure itself.

100 WORLD ACCORDING TO . . . Designer and ceramicist Jonathan Adler on two of his favorite places: Palm Beach and New York

DEPARTMENTS 16

ON THE AVENUE Party pictures from recent events.

ARTS CALENDAR What’s on view at galleries and museums.

letters to the editor AVENUE welcomes “Letters to the Editor” Please address to Editor Janet Allon, 79 Madison Avenue, 16th Floor, New York, NY, 10016 jallon@manhattanmedia.com 6 | AVENUE MAGAZINE · JANUARY 2011

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AVENUE PRESIDENT Julie Dannenberg jdannenberg@manhattanmedia.com EDITOR Janet Allon jallon@manhattanmedia.com EXECUTIVE EDITOR Peter Davis pdavis@manhattanmedia.com CREATIVE DIRECTOR Cricket Burns cburns@manhattanmedia.com ART DIRECTOR Jessica Ju-Hyun Lee Ho jlee@manhattanmedia.com ASSOCIATE EDITOR Kari Milchman kmilchman@manhattanmedia.com Barbaralee Diamonstein-Spielvogel Lacey Tisch-Sidney Bettina Zilkha

CONTRIBUTING WRITERS Debbie Bancroft

R. Couri Hay

PALM BEACH CONTRIBUTING EDITOR Ren茅e Morrison PRODUCTION MANAGER Mark Stinson mstinson@manhattanmedia.com ADVERTISING DESIGNER Monica Hsiao-Hsuan Tang mtang@manhattanmedia.com FACT CHECKER Alexandria Symonds

EXECUTIVE SALES DIRECTOR Jill Esterman jesterman@manhattanmedia.com DIRECTOR OF NEW BUSINESS DEVELOPMENT Barbara Goodwin bgoodwin@manhattanmedia.com SALES DIRECTOR Susan Feinman sfeinman@manhattanmedia.com FLORIDA REGIONAL PUBLISHERS Maria Lourdes Gallo

Rosemary Winters

ASSISTANT TO THE PRESIDENT Jasmine Lombardi jlombardi@manhattanmedia.com CONTROLLER Shawn Scott sscott@manhattanmedia.com ACCOUNTS MANAGER Kathy Pollyea kpollyea@manhattanmedia.com CIRCULATION MANAGER Joe Bendik jbendik@manhattanmedia.com

| manhattan media | CHAIRMAN OF THE BOARD Richard Burns rburns@manhattanmedia.com PRESIDENT/CHIEF EXECUTIVE OFFICER Tom Allon tallon@manhattanmedia.com CHIEF OPERATING OFFICER Joanne Harras jharras@manhattanmedia.com MARKETING AND EVENTS DIRECTOR Joanna Virello jvirello@manhattanmedia.com MARKETING AND EVENTS MANAGER Stephanie Musso smusso@manhattanmedia.com

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chronicles

DEBBIE BANCROFT

Cheers I to the New Year

t is around this time, as my January column reaches you, that you are acting on your New Year’s resolutions . . . or not. When I asked people back in December what their New Year’s resolutions would be, Tina Fey, who I thought would be my funniest commentator, had to think about it. “You know . . . I never make them,” she said, while rescuing her daughter, who had pulled her hat over her face and was careening into a table. Funny, no, but probably wise. Still, it is interesting to ask. Most of these quotes came from guests at Cinema Society’s screening of The Fighter. And no, I didn’t ask Mark Wahlberg. He hugged and kissed me when we met—and rendered me incapable of speech. But I recovered in time to ask some other people.

Below: From left, Amy Sacco, Russell Simmons, Katie Lee, Michelle Paige Paterson, Tiki Barber and Nicole Miller

Florence Henderson: I vow to keep dancing! And I will try not to say negative things about people.

Michelle Paige Paterson: I will resume my private life with a passion, and I’ll try to spend less.

Amy Sacco: I will clean my closet. I will not have any children.

Thom Filicia: I want to work less, but smarter. And I don’t want any more unnecessary drama.

Vincent ‘Big Pussy Bonpensiero’ Pastore: I will lose weight. I will not fall in love. Russell Simmons: Working with my ‘Peace Keepers’ mission. [Started in Houston, now in New York City, this organization protects inner city residents with street patrols.] Katie Lee: I will break a sweat every day. I won’t not cross things off my ‘to do’ list. 10 | AVENUE MAGAZINE · JANUARY 2011

Patricia Clarkson: I am going to try to keep believing in Obama. Tiki Barber: I want to take steps to newer heights. Kelsey Grammer: I will not repeat the things I’ve done before, and will live with more love. Nicole Miller: I will always put my

cell phone in the right slot in my bag. I will remember where my coat check is. And I’ll start Christmas shopping earlier. Rosanna Scotto: Lose weight, and live in the moment. Val Kilmer: Lose less, love more. Harvey Weinstein: Make good movies, not commercial ones. [Note: Weinstein’s The Fighter is great, not good, and will be a success in every sense.]

I hope your resolutions work, but if they don’t, you’re still wonderful. Happy New Year! !

SYLVAIN GABOURY/PATRICKMCMULLAN.COM

Russell Simmons, Harvey Weinstein, Patricia Clarkson and others share their resolutions for 2011

T H E S A L O N AT B E R G D O R F G O O D M A N

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Richard Mishaan Mary Hilliard and Mario Buatta

Happy Birthday to Us AVENUE celebrates 35 years!

Ti ns ley M or tim er an d Da bn ey M erce r

Miguelina Gambaccini

Sabrina Kleier Morgenstern, Michele Kleier and Samantha Kleier Forbes

©PATRICK MCMULLAN==PHOTO -- AMBER DE VOS/PATRICKMCMULLAN.COM

ightlife is being reborn uptown. Sure, the Boom Boom Room, The Bunker (the latest it-spot) and Kenmare still attract hordes of hipsters and celebrities, but the Upper East Side is becoming a major disco destination. Heralding this return to the days when Park Avenue princesses partied at clubs like Au Bar, Le Club, Regine’s and the Surf Club is Lavo (which happens to occupy the old Au Bar space). So naturally, when AVENUE decided to throw a 35th anniversary blowout bash, we took over Lavo for dancing, drinks, food and lots and lots of friends—some who weren’t even born when the first issue of the magazine was printed. “I haven’t seen this space since it was my favorite club, Au Bar,” observes designer Liz Lange. “I was here every night with Jenny Stein. Her dad owned it. I think she has since changed her name to Taylor. Those days were so fun. And being at Lavo is bringing back so many memories.” Interior design master Mario Buatta is thrilled to have a new night spot nearby. “Lavo is a great re-do of Au Bar. Plus the finger food is very tasty,” he says, nibbling a little morsel. “I also think the uptown girls will like being in the nabe.” Tinsley Mortimer (who is writing her first novel) arrives with her constant companion, sister Dabney Mercer, and the socialite gets snapped like crazy by the photographers. Mortimer remembers the first time she saw her name in AVENUE—on the coveted Best-Dressed list. “I was so flattered to be included. In the picture, I was wearing a beautiful gold Oscar de la Renta tulle and sequined dress that I adored.” Mortimer has since appeared on two AVENUE covers. “Photographer Thomas Whiteside took some of my favorite pictures of me for AVENUE. My favorite one was with my bangs teased and swept back, my hair in a bouffant and I was wearing a Chanel skirt. It is now framed in my living room.” It’s a family affair and Nylon’s Style Director and Lia Sophia jewelry designer Dani Stahl brings her mother Joan Israel as her date. “Whenever I am in AVENUE, my mom tags the page and leaves it for me to see. She always gets the magazine first in her

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pyts building. It’s so fun being at Lavo with my mother. It’s not often we go clubbing together. We’re having a blast.” Stahl lives nearby and mentions that brunch at Lavo is a must-do. “It’s like you’ve been instantly transported to St. Tropez. The restaurant upstairs is so good.” Graziano de Boni, who was just named the Chief Executive Officer of Giorgio Armani Corporation, declares, “AVENUE is such a New York institution. It’s the inside track about New York, combined with great fashion and chic American style.” The music gets louder and more guests fill the room, like Natalie Leeds Leventhal, Nina Griscom, Liz Lind, actress/artist Meredith Ostrom, Bettina Zilkha, Carlos Souza and Anna

AVENUE ’s 35th anniversary issue

Ca rlos de So uza an d Mi lly de Ca bro l Peter Rosenthal and Amy Rosi

Rothschild. Henri Barguirdjian arrives with his daughter Delphine, and legendary society photographer Mary Hilliard takes a (well-deserved) night off from snapping socialites. Richard Mishaan huddles with a few close friends by a small bar away from the dance floor. “I had my first design project on the cover of AVENUE,” Mishaan tells me. “I love being part of the AVENUE family. It’s a monthly year book for our little community in New York City.” ✦ Paul Lerner and Arthur Wayne

m Me red ith Ostro

Henri Barguirdjian and Delphine Barguirdjian

Pa ul Gu evara an d Am an da Co gs we ll

Joan Israel and Dani Stahl

©PATRICK MCMULLAN==PHOTO -- AMBER DE VOS/PATRICKMCMULLAN.COM

“AVENUE is a monthly yearbook for our little community in New York City.” —Richard Mishaan

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1. Hilary Geary Ross and Wilbur Ross 2. Lauren Veronis and David Hirsch 3. Matthew and Stacey Bronfman 4. Jacqueline Weld Drake 5. Rochelle Hirsch, Marvin Hamlisch and Lisa Klein 6. Evelyn Lauder and Gillian Miniter

COCKTAIL RINGS Drinks at Leviev’s Madison Avenue boutique

This season, Leviev held several cocktail parties at its Madison Avenue boutique. Among them was a gathering in honor of Evelyn Lauder and The Breast Cancer Research Foundation. Later, as co-sponsor of the Israel Philharmonic’s upcoming 75th anniversary concert, the legendary jeweler hosted the benefit committee for drinks. Leviev Executive Vice President Lisa Klein was on hand to welcome guests to both shindigs. 16 | AVENUE MAGAZINE · JANUARY 2011

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HOUSE PARTY “Celebrate the Neighborhood” event at ‘21’ Club

Tiffany & Co. and The Associates Committee hosted a “Celebrate the Neighborhood” black-tie event to benefit Lenox Hill Neighborhood House. The evening began with cocktails at Tiffany & Co.’s Fifth Avenue headquarters and continued with dinner and dancing at ‘21’ Club. Guests included Vicky Ward, Diana Quasha, Leigh Lauder and many others.

LIFE OF THE

PARTY

3 4

2010 Living Landmarks Celebration at The Plaza Hotel The iconic New Yorkers honored this year by The Landmarks Conservancy for their contributions to the city were Graydon Carter, Larry Silverstein, Marlo Thomas, Phil Donahue, Jonathan M. Tisch and Bunny Williams. The gala was hosted by “Living Landmarks” Liz Smith and Pete Peterson. Howard Dodson Jr. took home the Lew Rudin Living Landmark Award for Public Service. 18 | AVENUE MAGAZINE · JANUARY 2011

1.Mercedes Desio and Alberto Villalobos 2. Barbara Regna, Kirk Ressler, Diana Quasha and Peter Regna 3. Doug Steinbrech, Amy Hoadley and Mark Gilbertson 4. Vicky Ward, Mary Snow and Whitney Douglass

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1. Graydon Carter and Liz Smith 2. Marlo Thomas and Phil Donahue 3. Lizzie and Jonathan Tisch

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YOUNG Hassenfeld Adults in Toyland Casino Night at The Edison Ballroom

The Stephen D. Hassenfeld Children’s Center for Cancer and Blood Disorders and the KiDS of NYU Foundation Associates Committees held its annual Adults in Toyland Casino Night. Event co-chairs Susan Block Casdin, Keri Glassman, Kimberly Goodwin, Morgan Hertzan, Steven Jaffe, Patti Kim, Joshua Laterman, Kelly Kennedy Mack, Harlan Fabrikant Saroken and Michael Weaver helped make the evening a success—it raised a record $700,000-plus. 1

1. Alexandra Lind Rose and Kathy Thomas 2. Leslie Jones, Hilary Dick, Jamie Niven and Nicole Limbocker 3. Chesie Breen, Michael Scully and Wendy Arriz 4. Martha Glass and Coco Kopelman

FOREMOST HOSTS

Book party at Scully & Scully on Park Avenue

Scully & Scully President Michael E. Scully and The Society of Memorial Sloan-Kettering Cancer Center President Heather Leeds hosted a reception to celebrate the international best-selling book, Park Avenue Potluck CELEBRATIONS. The boutique donated 10 percent of the proceeds from purchases made that evening and the following two days to MSKCC. Guests included Alexandra Lind Rose, Jennifer Creel, Mark Gilbertson, Fernanda Niven, Arie Kopelman and Lisa Selby. 20 | AVENUE MAGAZINE · JANUARY 2011

1. Chris Mack and Kelly Mack 2. Erin Chamberlain and Ryan Hammer

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LAP OF LUXURY Setai Fifth Avenue opening gala

City officials came out for the recent ribbon cutting ceremony celebrating the opening of the Gwathmey Siegel & Associates Architects-designed Setai Fifth Avenue Hotel & Residences. Deputy Mayor Robert Steel and Congresswoman Carolyn Maloney joined hundreds of other New York notables—including Celerie Kemble and Boykin Curry, HRH Prince Dimitri of Yugoslavia and Michael and Eleonora Kennedy—at the luxury building. 2

FALL FÊTE

Lenox Hill Hospital’s Autumn Ball at the Waldorf=Astoria

Lenox Hill Hospital held its annual Autumn Ball, this year celebrating its new partnership with the flagship Manhattan hospital for the North Shore-LIJ Health System. The black-tie gala drew more than 900 guests, who spent the night mingling and dancing—and raising more than $3 million. Those in attendance were Nancy and Robert N. Downey, Patricia and Edward Gutman, Marlene Hess, Deborah Norville and many others. 22 | AVENUE MAGAZINE · JANUARY 2011

1. Serena Merriman and Nina Freudenberger 2. Sharon Bush and HRH Prince Dimitri of Yugoslavia 3. Suelyn Farel, Massimo Ferragamo and Julien Farel 4. Adrienne Vittadini and Pamela Fiori

LAP OF LUXURY: © PATRICK MCMULLAN==PHOTO - CHANCE YEH/PATRICKMCMULLAN.COM

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on the avenue

BEST FRIENDS 2010 ASPCA Annual Humane Awards Luncheon at the Pierre Hotel

The ASPCA honored man, woman, cat and dog at its annual Humane Awards Luncheon. Master of Ceremonies Rosanna Scotto presided over the festivities, and guests Cynthia Lufkin, Beth Ostrosky Stern, Rachel Hovnanian, Polly Onet, Barbara Regna, Yaz Hernández and many others enjoyed lunch and touching stories of animals and the people responsible for their welfare.

1. Alex Soldier and HRH Princess Caroline of Hanover 2. Denzel and Pauletta Washington

ROYAL RECEPTION

Princess Grace Awards Gala at Cipriani 42nd Street

The 28th annual Princess Grace Awards Gala honored 21 emerging artists with awards designed by Alex Soldier. The event recognized Denzel and Pauletta Washington, who received the Prince Rainier III Award, for their successful careers and generous philanthropy. The black-tie affair was presided over by HRH Princess Caroline of Hanover and chaired by Bonnie Pfeifer Evans. 24 | AVENUE MAGAZINE · JANUARY 2011

1. Beth Stern 2. Amy Hoadley and Randall Gianopulos 3. Nicole Miller 4. Rosanna Scotto 5. Libby Fitzgerald and Lisa McCarthy

ROYAL RECEPTION: JERRY LACAY; BEST FRIENDS: © PATRICK MCMULLAN==PHOTO - NICHOLAS HUNT / PATRICKMCMULLAN.COM

速

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R. COURI HAY

Billionaire Bashes Well-heeled New York notables share the wealth with celebrations honoring everything from birthday boys to those in need

Steven Rockefeller, Kimberly Rockefeller and Soon-Yi and Woody Allen at the LeFrak surprise party Christina and Cary Potter at AmeriCares

Elaine Sargent at AmeriCares Karen and Richard LeFrak at his surprise party

Jean Shafiroff and Michele Gerber Klein at the French Heritage Society Gala

Madonna at the Langham Hotel Dr. Shawn Sadri of the Dr. Torrado Cosmetic Dentistry Practice at AmeriCares

KLEIN: AMBER DE VOS FOR PATRICK MCMULLAN

’ve never seen more billionaires in one room—except in Moscow. It was Richard LeFrak’s surprise birthday party, and they all came: David Koch, Michael Bloomberg (in red pants), Anne Hearst, Steven Rockefeller, Donald Trump, Wilbur Ross, Steven Schwarzman and some regular Joes like Woody Allen, Jay McInerney, Senators Frank Lautenberg and Charles Schumer, Gov. Jon Corzine, the gorgeous Arianna Boardman and others too rich and private to mention. Richard’s faithful sons, Harrison and Jamie, were the creative duo behind the disco-themed party (Bronson van Wyck made it happen), which featured both Earth Wind and Fire and Nile Rodgers, whose big hit was “Le Freak.” “That’s what I’m going to do when I get the bill,” quipped Richard, “freak out.” CeCe Black, Jean Shafiroff and Margo Langenberg chaired the French Heritage Society Gala at the Metropolitan Club (www.frenchheritagesociety.org). The group protects the French architectural legacy in the United States and France, and has helped fund more than 460 restoration projects. It also organizes social safaris to historic sites, including a highly anticipated 2012 excursion to the Château de Fontainebleau, which will mark the organization’s 30th anniversary. Among those dancing for culture were Diandra Douglas, Anne Rapp and Board Chair Elizabeth Stribling. When Oscar Wilde and Arthur Conan Doyle dined at The Langham Hotel in London with their publisher in 1889, they struck the deals that produced The Picture of Dorian Gray and the Sherlock Holmes series. Now, in its award-winning restaurant Roux and Artesian Bar, both smartly done up by interior designer David Collins, you will spot the Nobel Prize-winning author V.S. Naipaul, Madonna, Dame Julie Andrews, Colin Farrell, Sarah Jessica Parker and Amy Winehouse. The Langham London (www.langhamhotels.com) has just undergone a stunning $126-million-renovation and is the flagship of the group’s 21 five-star hotels. When they flung open its elegant doors in 1865, The Langham became Europe’s first grand hotel. Now, it stands alongside Claridges, the Ritz and the Savoy as one of London’s top hotels. I recommend Brian, the Langham’s savvy concierge, who can get you anything, including seats to War Horse (the town’s hottest play) and the Infinity Suite, yours for a mere $9,787 a night. Anderson Cooper is just one of the VIP supporters of AmeriCares (www.americares.org). Christina and Cary Potter hosted a party at the home of developer Alex Lari to introduce the organization’s C.E.O., Curtis Welling. He announced that over the last 28 years they have distributed more than $10 billion in medical aid to 147 countries, specifically for the current cholera outbreak in Haiti, the Gulf Coast oil spill, flooding in Pakistan and New Orleans and earthquakes in Chile. Leading the applause were Elizabeth Kabler, Dr. Robert Grant, Barbara de Portago, Merrill Lynch’s John Wessels, Dr. Michael Kraus, Mark Smith, Cindy Guyer, Royale Security C.E.O. Michael Wachs, Dr. Laura Torrado and “The Millionaire Matchmaker”’s P.J. Marks. !

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arts calendar

Feasting the Eyes This month’s selection of art and antiques on view or for sale auctions CHRISTIE’S

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Jan. 26: Important Maritime Paintings and Decorative Arts 580 Madison Avenue 212.644.9001

galleries

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Sigmar Polke Jan. 11-Feb. 19 23 E. 67th Street 212.988.2200 MIREILLE MOSLER GALLERY

Master Drawings New York Jan. 22-29 35 E. 67th Street 212.249.4195 THE PACE GALLERY

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112 Greene Street: The Early Years 28 | AVENUE MAGAZINE · JANUARY 2011

Tony Feher Jan. 7-Feb. 12

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Burgoyne Diller Gallery Selections Jan. 6-Feb. 5 53 E. 58th Street 212.832.1400

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ONE LOCATION ON THE BOCA RATON INLET. ONE ICONIC MASTERPIECE. ONE LEGENDARY LIFESTYLE. On the grounds of the historic Boca Raton Resort & Club, this prestigious property stands alone. With pampering and services beyond compare, One Thousand Ocean stands as an icon for a most enviable lifestyle. Available for immediate occupancy, although opportunities are limited. Private residences with estimated pricing from approximately $3 million to $15 million.

MORE THAN 65% SOLD

Sales & Design Center 725 S. Ocean Blvd, Boca Raton 561.869.5000 OneThousandOcean.com LXR Realty, LLC ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. ACTUAL VIEWS MAY VARY. VIEW SHOWN CANNOT BE RELIED UPON AS THE ACTUAL VIEW FROM ANY PARTICULAR UNIT WITHIN THE CONDOMINIUM. PROSPECTIVE PURCHASERS SHOULD BE AWARE THAT ANY VIEW FROM THE CONDOMINIUM PROPERTY MAY IN THE FUTURE BE LIMITED OR ELIMINATED. DEVELOPER HEREBY GIVES NOTICE TO PROSPECTIVE PURCHASERS THAT DEVELOPER IN NO MANNER GUARANTEES THE CONTINUING EXISTENCE OF ANY VIEW FROM THE CONDOMINIUM PROPERTY. FURTHER, DEVELOPER HEREBY GIVES NOTICE TO PROSPECTIVE PURCHASERS THAT DEVELOPER MAKES NO COMMITMENT OR REPRESENTATION CONCERNING THE DEVELOPMENT OF ANY PROPERTY IN PROXIMITY TO, OR VISIBLE FROM, THE CONDOMINIUM PROPERTY. UNIT PRICING AND FEATURES SUBJECT TO CHANGE WITHOUT NOTICE. FOR CALIFORNIA RESIDENTS - THE CALIFORNIA DEPARTMENT OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING.

FOR NEW YORK RESIDENTS - THIS ADVERTISEMENT IS NOT AN OFFERING NO OFFERING CAN BE MADE UNTIL AN OFFERING PLAN IS FILED WITH THE OFFICE OF THE ATTORNEY GENERAL OF THE STATE OF NEW YORK. THIS ADVERTISEMENT IS MADE PURSUANT TO THE COOPERATIVE POLICY STATEMENT NO. 1 ISSUED BY THE NEW YORK STATE ATTORNEY GENERAL. FILE NO. CP 06-0242.CONDOMINIUM NAME AND ADDRESS: OCEAN RESIDENCES AT BOCA BEACH CLUB, A CONDOMINIUM. 1000 S. OCEAN BLVD., BOCA RATON, FL 33432. SPONSOR NAME AND ADDRESS: BRE/POINT PARCEL, L.L.C., 501 E CAMINO REAL, BOCA RATON, FL 33432. EQUAL HOUSING OPPORTUNITY. THIS IS NOT AN OFFERING IN JURISDICTIONS WHERE PRIOR QUALIFICATION IS REQUIRED UNLESS THE DEVELOPER OF ONE THOUSAND OCEAN HAS PREVIOUSLY MET SUCH QUALIFICATIONS AND NO MARKETING OR SALES LITERATURE WILL BE FORWARDED TO OR DISSEMINATED IN SUCH STATES UNLESS THE DEVELOPER HAS MET SUCH QUALIFICATIONS. OFFERS MAY ONLY BE PRESENTED AND OR ACCEPTED AT THE SALES CENTER FOR THE CONDOMINIUM. VOID WHERE PROHIBITED BY LAW.

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objects of desire by

CRICKET BURNS Vermeil faux black and white diamond ball ring at Jennifer Miller www.jennifermillerjewelry.com

Brazilian gemstone and gold “rock ring” by Yael Sonia www.yaelsonia.com

Having a Ball Glittering and glamorous, these statement rings aren’t for the faint of heart! Moonstone and diamond cocktail ring in hammered gold by David Webb www.davidwebb.com

White diamond Bombe ring by GRAFF www.graffdiamonds.com

Sfera ring in 18-karat gold by Tomas Maier for Bottega Veneta www.bottegaveneta.com

30 | AVENUE MAGAZINE · JANUARY 2011

Cabochon ruby and diamond ring by Hamilton www.hamiltonjewelers.com

Flawless Famed diamond jeweler Graff celebrates its 10th anniversary in America and a long history of bringing the world’s most exceptional stones to light

Above: The Graff salon at 710 Madison Avenue

“Graff started a jewelry row.” —Henri Barguirdjian on Madison Avenue 32 | AVENUE MAGAZINE · JANUARY 2011

ne could say that the legendary diamontaire GRAFF is of humble origins, but anyone familiar with its truly exquisite jewelry knows there’s simply nothing modest about this family company or its renowned creations. Yes, it all began with one man, Laurence Graff, who was once an apprentice with a jeweler in the Hatton Garden district of London. But by the time he was a mere 24 years old, Graff had already opened two stores, and would soon be traveling the world in search of inspiration and remarkable stones to support his blossoming business. Before too long, GRAFF achieved an international presence—and a reputation for creating pieces featuring the world’s most exceptional jewels. Soon GRAFF will celebrate the anniversary of its 10th year in America by (what would be more fitting?) expanding its presence in this country. “Next year, we’re going to open our first store in California,” explains Henri Barguirdjian, the company’s president and C.E.O. “We already have a popular store in Las Vegas, but we were in need of further representation out west. I’m so happy to finally achieve it in 2011.” The beautiful, 2,500square-foot space will occupy a freestanding building on Bow Street in San Francisco, and is designed by Peter Marino, the same renowned architect who worked on GRAFF’s New York flagship on Madison Avenue. A lot has happened in the 10 short years since that store has opened, both here in the States and beyond. “When we opened the Madison Avenue boutique, we took everybody a bit by surprise with the quality and size of the diamonds we offer our clientele,” says Barguirdjian. GRAFF’s access to the stunning and rare stones that have come to define its jewelry is thanks to the company’s total vertical integration, and the tremendous reach its supply end has developed over the past decade. GRAFF is a major shareholder in Gem Diamonds, one of the largest sightholders of De Beers and just

opened new offices in the diamond district in Tel Aviv. Meanwhile, back in New York, GRAFF has established so much more than a store and a loyal clientele. “Look at what Madison Avenue has become,” Barguirdjian says. “After we opened, everyone followed suit. We started a jewelry row. Now between 60th and 67th streets, there are so many important jewelers. It shows that the market is very much alive—and we are the leaders in that market.” This is quite an achievement given that when the store first opened its doors in 2000, everyone thought the high-end jewelry market was “dying,” as Barguirdjian puts it. “We demonstrated that’s not at all the case. There is a very, very strong demand for fine diamonds.” And GRAFF consistently meets that demand. “GRAFF trades thousands of carats every month,” Barguirdjian explains. “Many we sell wholesale to other jewelers and diamond dealers, but the cream of the crop— the best quality stones—come to us in London.” There, GRAFF boasts one of the largest workshops in the world. More than 120 skilled craftsman work with a team of brilliantly creative designers to produce the beautiful jewelry GRAFF is known for. “The stones never leave our hands,”

Barguirdjian adds, “from the moment they’re mined to the point the finished pieces reach our stores.” GRAFF stones are so exceptional that the world’s most celebrated museums and other cultural institutions have been known to display them. “We welcome the opportunity to show something of historical value to the

public,” says Barguirdjian. “We have a fabulous relationship with the Smithsonian Institution, where we exhibited the Wittelsbach-GRAFF Diamond from February of this year through September. The number of visitors it received was amazing. So we recreated that here in New York City, where the stone was displayed at the

American Museum of Natural History through December.” Since the Wittelsbach acquisition, GRAFF has made headlines for purchasing several other notable stones. In fact, at a Sotheby’s auction in Geneva, GRAFF recently bought a 24.78-carat Fancy Intense Pink Diamond for $46 million—the world’s most expensive diamond to date. And just last month, the jeweler acquired two very important rough diamonds discovered in the Letseng mine in Lesotho, weighing 196 and 184 carats each.“Each time something really rare and special comes on the market, we add it to our collection,” says Barguirdjian.“That’s what makes us so special: We offer things that nobody else can.” Indeed, after 10 years in this country and more than 40 since its founding in London, GRAFF has a lot to celebrate. “Laurence Graff would say that this is only the beginning and that we have a long way to go,” Barguirdjian posits with genuine—if unwarranted—humility. “But we are extremely proud of the level of quality we offer. We have the finest, most extraordinary collection, and that is a phenomenal achievement,” he says with a level of satisfaction much more appropriate for a diamontaire such as Graff. ✦

Top: The 24-plus-carat Fancy Intense Pink Diamond Above: The two rough diamonds recently acquired by GRAFF, weighing 184 and 196 carats each; Francois and Laurence Graff and Henri Barguirdjian at the unveiling of the Wittelsbach-GRAFF Diamond at the Smithsonian Institution in Washington, D.C. last January; the Wittelsbach-GRAFF Diamond JANUARY 2011 · AVENUE MAGAZINE | 33

old new york

Happy New Year!

POSTCARD COURTESY OF THE NEW-YORK HISTORICAL SOCIETY

n Dec. 31, 1904, the newly christened Times Square hosted its very first New Year’s Eve fête with the help of Adolph Ochs and his paper, The New York Times. The just-opened 23-story Times Tower on 43rd Street held a roof party, and hundreds of thousands attended the light display outside One Times Square. Flash-forward to 1907 when, as this photo shows, the New Year’s Eve festivities featured a glowing ball descending from the Times Tower. A tradition that’s now outlasted the building, the ball-drop began with an immigrant named Jacob Starr, who constructed the device. The New-York Historical Society, whose library on Central Park West houses a collection of images documenting Times Square in decades past, welcomes the public to submit recent digital photos of the area to help build its contemporary holdings. For more information, please visit www.nyhistory.org. !

Ushering in 1908 with the first ball-drop ceremony at Times Tower.

Well Hello, photographed by MORGAN MILLER

styled by CRICKET BURNS

Hair by MARCO MARANGHELLO for JOHN BARRETT I Makeup by Sandra Lamarre for JOHN BARRETT SALON Market editing by NICOLE MURAKAMI Photographed on location at HOTEL GRIFFOU

Black leather fringe vest by Carlos Miele. Gold sequin leggings by Heidi Merrick. Fancy Intense Yellow and White Diamond Earrings and Fancy Vivid Yellow Diamond Ring, both by Leviev. 36 | AVENUE MAGAZINE 路 JANUARY 2011

Hannah! Meet the girl of the moment. With her beauty, pedigree and off-the-charts talent, Hannah Bronfman has stolen the spotlight. And P.S., she just graduated from college. Bronfman recently took a break from DJing, working on her clothing line and the restaurant and record label she co-owns to sit down with Peter Davis and talk about her whirlwind life. JANUARY 2011 路 AVENUE MAGAZINE | 37

ew York is experiencing a major youthquake. All over the city, you can just feel the tremors of trendiness. And leading the young, new and exciting movement is Hannah Bronfman—the girl of 2011. Yet unlike the days when having a famous last name, a trusty trust fund and good looks were enough, today’s it-kids—girls like 23-year-old Bronfman—are poised and prepped to become minimoguls of all things cool. The daughter of Warner Music Group C.E.O. Edgar Bronfman Jr. and actress Sherry Brewer, Bronfman has started a record label, is launching a 100-percent sustainable, organic, eco-chic clothing line, is a talented sculptor and also a part owner of the hot spot, Hotel Griffou, where she also happens to DJ and host regular dinner parties. And Bronfman accomplished all of the above while still a student at Bard College. Not bad for a girl who got booted out of The Spence School in 6th grade. “My father was a big influence because he taught me about work ethic,” Bronfman explains, sounding more like a no-nonsense businesswoman than a trouble-making club kid. “He’s worked extremely hard to get where he is today, and that always showed. It was important for me to make my own money. With

my dad’s influence and my ambition, it was inevitable that I would try and get my foot in the door at a young age.” And now Bronfman has her feet (often in Fendi pumps) in quite a few fashionable doors—from music to fashion to nightlife. After graduating from Bard, Bronfman is planning to move to the Lower East Side with her boyfriend of more than two years, the rapper Asher Roth. The Bronfman kids’ hip factor doesn’t stop there: Older brother Ben is engaged to the rapper M.I.A., with whom he has a two-year-old baby boy named Ikhyd Edgar Bronfman. Ben schooled Hannah in music, introducing her to ska, punk, rock and hip-hop bands. “I grew up in a very musical house,” she says. “My brother has the largest spectrum of music that I have ever been exposed to. I still listen to a lot of it, and I’m grateful for learning about it so young.” Ben, who co-founded the carbon capture firm Global Thermostat (GT) and recently worked on Kanye West’s new album, says about his little sister, “Hannah is really amazing. I’m so proud to have her as a sister. She’s got great taste, she’s loyal and she understands what true artistic value is—whether it’s in the form of food, fashion, music or art. I don’t know what to say . . . she just gets it.” With her brother, Bronfman is involved in the fledgling record label Green Owl, which currently has seven bands on its roster. Extending his eco-activist work beyond GT, Ben Bronfman transformed an old school bus into a “green” tour bus for Green Owl’s bands: it runs on bio-diesel, a.k.a.

“I can see Green Owl clothing going into couture. It’s definitely going to go through stages. It’s about bringing awareness and saying, ‘Hey, being green is sexy.’”—Hannah Bronfman

Opposite page: White feather cocktail dress by Marchesa. White diamond and ruby waterfall Bulls Eye earrings by GRAFF. 38 | AVENUE MAGAZINE · JANUARY 2011

JANUARY 2011 路 AVENUE MAGAZINE | 39

vegetable oil. “We have these 100-pound slots for oil that we put on the bus,” she explains. “That way we don’t have to hit up a sushi restaurant for their vegetable oil. It breaks down every now and then, it’s not the most efficient, but it’s a start.” Bronfman admits that she and her brother haven’t made much money yet with the record label, so they’re launching a Green Owl clothing line in 2011. “We want to promote green awareness to a hip, young, sexy, new generation,” Bronfman explains. “We constructed a line of chic street wear after our band, The Very Best. They’re from South Africa, and their artwork is very Africana. We have elaborated on their artwork and put it into the clothing line. So that’s one way we’re keeping a connection between the record label and the clothing line.” Bronfman—who looks just as comfortable in her favorite Miu Miu heels and Marchesa dress as she does in vintage rocker tees, nerd glasses and cut off jeans—wants to expand the Green Owl label to encompass a complete lifestyle brand. “I can see Green Owl clothing going into couture,” she muses. “It’s definitely going to go through stages. It’s about bringing awareness and saying, ‘Hey, being green is sexy.’” When Bronfman was two, her parents divorced, but remained friends. She shuffled between her mother’s apartment on West 106th Street

“I find it hard to go out in New York and have an awesome time if Hannah’s not in town. It’s like this twinkle in her eye, this amazing energy she gives off . . . you know you’re going to have the best night ever.” —Katie Schecter

and her father’s place on the Upper East Side. She attended Spence, where she says she was one of two black girls in her class. She mentions that all her friends went to Chapin. “I had a great education at Spence, but I didn’t have a single friend there,” Bronfman says. “Growing up in New York was really nice. My group of friends now is the same people that I knew when I was five years old. New York is such a great place to hang with friends. It’s just so easy.” She adds that the women in her family (herself plus a grandmother and an aunt) ended up leaving Spence. “I just think Spence is really different from other girls’ schools, and it’s a really difficult place to be understood,” Bronfman says. “I think the Bronfmans were a little too rebellious to be confined to the Spence walls—the red doors of Spence!” After leaving Spence, Bronfman attended Poly Prep in Bay Ridge, Brooklyn, which was a whole other world. “It was so different, going to a co-ed school. It was really good preparation for college, being in a classroom with boys,” she says. “But in a lot of ways, it was also really difficult for me because I felt like I was subjected to more judgment. I remember being bullied by some of the football players. But it was also more laid back in Brooklyn. The kids weren’t as concerned with material things. Everyone was kind of just being a kid, which was really nice. I had a great experience at Poly and, in a lot of ways, if I had stayed at Spence, I wouldn’t have even known about Bard.” For college, Bronfman decided between Williams (“a little too preppy for me”), Skidmore (“just a little too jocky”) and

Opposite page: Beige cashmere t-shirt by Michael Kors Collection. Ikat-print skinny pants by Rag & Bone. Jade, platinum, diamond and coral beaded tassel necklace; hammered gold earrings; hammered gold diamond ring and hammered gold and topaz ring, all by David Webb. JANUARY 2011 · AVENUE MAGAZINE | 41

Bard, which she chose for its liberal attitude and focus on nurturing the creativity of artists. “I got to Bard and it was really weird,” she remembers with a laugh. “But I thought, better to find your friends in a group of weirdos than be unhappy somewhere else.” At Bard, Bronfman focused on sculpture, building large-scale installation pieces. “I am graduating with a B.A. in fine arts,” she says. “It’s been a really beautiful, weird experience at Bard, especially with my artwork. I really grew as a person. I had two significant relationships throughout my college years, and I learned a lot. My senior sculpture show is so in tune with my feelings and who I am as a person now.” Although she is more business savvy than most 23-year-olds, Bronfman is still young and out to have some fun. She DJs at clubs like Sway and The Jane Hotel, and stops by Hotel Griffou, where she is an investor, for dinner at least once a week. And even though she is billed as a DJ (a youthquake status symbol among the current crop of cool kids—think Alexa Chung and Alexandra and Theodora Richards), Bronfman says it’s more than just playing music. “I set the tone and mood of the party,” she explains. “I have a lot of friends and we throw a good party.” Friend Katie Schecter, for one, agrees. “For whatever reason, I find it hard to go out in New York and have an awesome time if Hannah’s not in town,” she says. “All of our friends think it feels like something is missing. Hannah could turn to me at 2 a.m., after

“My dad [Edgar Bronfman Jr.] has advised me a lot in terms of handling my money. He’s been super supportive . . . and is just happy that I’m out there and making a name for myself.” —Hannah Bronfman

many consecutive hours of television-watching, having had no prior plan of going out, and say, ‘Should we have a drink and a dance?’ and I am right off the couch. It’s like this twinkle in her eye, this amazing energy she gives off. You may not have thought so before, but now you know you’re going to have the best night ever.” Unlike the youthquakers before her—like Edie Sedgwick, who made headlines by dancing on tabletops and dyeing her hair Andy Warholsilver, or Paris Hilton, who made a sex tape and got sent to jail—Bronfman is much more than just a pretty party girl posing for photos with famous friends. She plans to live up to the success of her well-known family name. “My dad has advised me a lot in terms of handling my money,” she explains. “He’s been super supportive with Green Owl, my artwork and my DJing. He’s just happy that I’m out there and making a name for myself.” !

Opposite page: Hand-beaded silk and tulle dress by Marchesa. Beige patent leather shoes by Yves Saint Laurent. Hopscotch diamond earrings and emerald-cut diamond ring, both by Leviev. 42 | AVENUE MAGAZINE · JANUARY 2011

JANUARY 2011 路 AVENUE MAGAZINE | 43

EP AL

LIST THE MOST POWERFUL AND INFLUENTIAL PEOPLE IN PALM BEACH compiled by

AVENUE MAGAZINE introduction by RENÉE MORRISON

44 | AVENUE MAGAZINE · JANUARY 2011

eaching the ripe old age of 100 deserves a celebration—and no one knows how to do that better than the residents of Palm Beach. The island is planning its own special week to mark its anniversary this April, and the party is just getting started. In preparation, Worth Avenue has had a $15.8-million-facelift. It’s been widened to offer more parking for its shoppers’ Rolls and Bentleys. Marking the entrance to our historic district is a new clock tower, which references the dome of the nearby Everglades Club. Not to be outdone, Saks Fifth Avenue spent $250,000 for an 840-square-foot “vertical garden” on its west wall, facing Worth Avenue. This living work of art contains almost 11,000 plants and its own irrigation system. Palm Beach is not the only centenarian in town. Gertrude Maxwell, our oldest living Islander, shares the same birthday: April 17, 1911. In addition to having reached 100 years, she is also the founder of National Save a Pet, which rescued and cared for more than 1,450 cats and dogs in 2009. Ms. Maxwell plans to mark her birthday with a much quieter celebration than our fair Island will have. So many philanthropists, humanitarians and visionaries live in Palm Beach. The Honorable Nancy Brinker, the leader of the global breast cancer movement, has raised $1.5 billion to support research programs in our community as well as globally. She was recently awarded the Presidential Medal of Freedom, our nation’s highest civilian honor. Meanwhile, Bill Koch, who does so much for so many non-profits, is in the process of building a great new private school here. The island is a Mecca of culture, featuring so many events, lectures and seminars. Dale Coudert’s The Coudert Institute offers programs “to stir the mind and spirit,” while Parker Ladd has brought us his Author Breakfast Series. At the Kravis Center, the Forum Club of the Palm Beaches holds non-partisan political and public affairs programs open to people of all political persuasions. And then there’s The Norton Museum’s must-see collection and superb exhibitions. The Society of the Four Arts is celebrating its own 75th anniversary. On Jan. 29, it will open “A Return to Palm Beach: Jewels from Marjorie Merriweather Post Collection.” Ms. Post was, of course, Palm Beach’s most famous grande dame. G-Star School of the Arts, our unique charter high school of “artademics,” was founded and is now headed by Greg Hauptner. G-Star has its own 14,000-square-foot sound stage, the largest in Florida and equivalent to the one where The Incredible Hulk was shot. Because the stage is fully booked for the next seven years, Mr. Hauptner is building two more sound stages for the school, the only one of its kind. G-star students who maintain a 3.0 grade point average are allowed to work—albeit unpaid—on the movies being made there. Palm Beach native John Textor is planning to use G-Star as a feeder school for his proposed venture with Florida State University’s College of Motion Picture Arts, offering a degree in the business of filmmaking. Come New Year’s, we’ll be ringing in 2011 with the oldest and most celebrated party, the Coconuts, at our beloved Flagler Museum. It has been the island’s most treasured affair since the 1930s. In 2009, David Koch, our richest coconut and known for his love of fireworks, brought in the Grucci Family to display their sparkling art across our tropical skies. Similarly bright is the Hope diamond, another Smithsonian treasure that once upon a time was a priceless possession of one of our more illustrious dowagers, Brownie MacClain. Even the swell and older crowd that annually dances the night away at Dan Ponton’s Club Colette will dash from their coveted seats to see the dazzling light show that crowns our beautiful island. If you are fortunate enough to attend one of our many parties during the season, all of them benefiting charity, listen to the divine music of Bob Lappin’s orchestra. As both our year-round residents and our “snow birds” raise millions of dollars, think of the many blessings—both small and great—that this past year has brought us. And so to all our beloved AVENUE readers, we would like to wish you a new year full of blessings both great and small and peace and joy.

A Sonja Abrahamsen Alex Acquavella Donna Acquavella Nick Acquavella Travis Acquavella William Acquavella Catherine Adler Frederick Adler Jonathan Adler Michael Ainslie Suzanne Ainslie Gladys Alpert Maribel Alvarez Charlotte Amar Leon Amar Jeff Amling Katy Amling Minot Amory Victoria Amory Bettina Anderson Christina Anderson Harry Loy Anderson H. Loy Anderson Jr. Inger Anderson Christian Angle Carl Apfel Iris Barrel Apfel Eugene Applebaum Marcia Applebaum Jessie Araskog Rand Araskog Gigi Arledge Adrien Arpel Jeff Atwater John Auerbach Lian Azqueta Norberto Azqueta Norberto Azqueta Jr. Robin Wheeler Azqueta

B Mark Badgley Colleen Bain Asia Baker Callie Baker Kane Baker Lavinia Baker Mary Baker Tori Baker Roger Barnett Sloan Barnett Catherine Barrett Graham Barrett Robert Barrett III

Dennis Basso Jeff Bateman Joseph Bauer Millie Bean Arthur Becker Byrdie Bell Page Lee Hufty Bell Ted Bell Maura Benjamin William Benjamin Nellie Benoit Carmen Beriro Ellie Berlin William Bernhard Lori Bernstein Michael Bernstein Anthony Beyer Vanessa Beyer Margaret Bilotti Alan Bleznak Kathy Bleznak Georgina Bloomberg Mayor Michael Bloomberg Antoinette Boalt Arianna Boardman Dixon Boardman Cynthia Boardman Serena Boardman Francesca Bodini Benton Bohannon Lars Bolander Tantivy Bostwick Thomas Bostwick Geoffrey Bradfield Peter Brant Frances Briggs Roger Briggs Ambassador Nancy Brinker Katy Brodsky Lynn Brodsky Katherine Bryan Barbara Brylawski Bud Brylawski Mario Buatta Jane Buffett Jimmy Buffett Henry Buhl Virginia Burke Donald Burns Eileen Burns Eric Bylin Whitney Bylin

C Melanie Cabot Richard Cahall Catherine Cahill Liza Pulitzer Calhoun

Robert Calhoun Denise LeFrak Calicchio John Calicchio Lee Calicchio Adolfo Cambiaso Jonathan Cameron-Hayes Iris Cantor Dr. Alexander Carden Stephanie Carden Joseph Cardenas Kate Cardenas Mike Carney John Castle Marianne Castle Meryl Cayne David Chase Rhoda Chase Luce Churchill Alfred Clark Jim Clark Kristy Clark Querube Clark George Cloutier Tiffany Cloutier Helen Cluett Harriet Cohen James Cohen Lisa Cohen Philip Cohen Robert Cohen Chase Coleman Kim Coleman Lindsey Coleman Payson Coleman Reed Coleman Stephanie Ercklentz Coleman Timothy Coleman Cristina Condon Dragana Connaughton Greg Connors Mark Cook Patricia Cook Paula Cook Alex Cooper Dale Coudert Dr. Chauncey Crandall Jane Cummings Julie Cummings Peter Cummings Tony Cummings Ellen Cunningham Ashton Curtis Merrill Hanley Curtis Boykin Curry

Alexandra Lind Rose

Matthew Mellon and Nicole Hanley Mellon

D Jane Holzer ??

Vic Damone JANUARY 2011 路 AVENUE MAGAZINE | 45

LIST Amalia Dayan Millie Dayton Alexandra de Borchgrave Arnaud de Borchgrave Countess Christina de Caraman Joanne de Guardiola Roberto de Guardiola Diane de la Begassiere Ashton de Peyster Margo de Peyster Arthur de Soultrait Bertrand de Soultrait Helen De Vos Rich De Vos Hermé de Wyman Miro Peggy Dean Florence DeGeorge Eleanor Acquavella Dejoux Morgan Dejoux Nancy DeMoss Jacqueline Desmarais Paul Desmarais Beth Rudin DeWoody William Diamond Peggy Dillard Rodney Dillard Lily Holt Dillon Patrick Dillon Lou Dobbs John Dodge Barry Donahue Linda Donahue Simon Doonan Ann Downey Cil Draime Max Draime Jackie Drake Rodman Drake Jackie Duberstein Kenneth Duberstein Dr. Eva Dubin Glenn Dubin Ervin Duggan Bill Dunn Rebecca Dunn Cedric Dupont Claude Dupont Lauren duPont Richard Dupont 46 | AVENUE MAGAZINE · JANUARY 2011

Diana Ecclestone Llwyd Ecclestone III Brad Edwards Robert Eigelberger Frances Eisenberg Kenneth Eisenberg Jill Elisofon Ambassador Edward Elliot Elson Susie Elson Geri Emmett Jay Emmett Paul Emmett Cornelia Ercklentz Enno Ercklentz Jr. William R. Eubanks

F Mary Fairbanks Annie Falk Michael Falk Alex Fanjul Alfonso Fanjul Andres Fanjul Jr. A. Nicholas Fanjul Carissa Fanjul-Coniglio Cathie Fanjul Emilia Fanjul J. Pepe Fanjul Lourdes Fanjul Pepe Fanjul Jr. Raysa Fanjul Reddy Fanjul Tina Fanjul Lillian Fernandez Luis Fernandez David Fischer Jennifer Fischer Anne Fisher Frances Fisher Jeffrey Fisher Jerome Fisher Marjorie Fisher Averell Fisk Kirsten Fisk Sarah Steinberg Fiszel Kellie Flagler Christina Floyd Kathleen Floyd Maria Floyd Raymond Floyd Deborah Fonseca Rene Fonseca Kathleen DuRoss Ford

G Gary Gaines Jennifer Garrigues Linda Gary Arij Gasiunasen Sarah Gavlak Peter Geisler Jr. Billy Gilbane Sara Gilbane Mark Gilbertson Elesabeth Gillet David Gilmour Jill Gilmour Judith Giuliani Rudy Giuliani Suzi Goldsmith Joanie Goodman John B. Goodman Murray Goodman Arlette Gordon Robert Gordon Cheryl Gowdy Jane Grace Robert Grace Patti Graebner Larry Graev Lorna Graev Ellen Graham Ian Graham Blair Griffin Nina Griscom Judith M. Grubman Audrey Gruss Martin Gruss Alexander Guadieri Robin Guadieri Bingo Gubelmann James Gubelmann Kate Gubelmann Marjorie Gubelmann Phoebe Gubelmann Shelley Gubelmann Susan Gubelmann William Gubelmann Alexander Guest Cornelia Guest Helen Guest Winston Guest Jr.

Caroline Cummings Rafferty

Bingo Gubelmann

H Liza Pulitzer Calhoun

Patricia Haig

EP AL

Brett Forman Bunny Forman Mark Freitas Mary Freitas

Stephanie Seymour

Marie Hale Betsey Hall Mai Hallingby Harrison George Hamilton Anita Hamilton Michaels Allie Hanley Lee Hanley Greg Hauptner Megan Hearst Veronica Hearst Michele Herbert Bruce Helander James Held Christopher Hill Melanie Hill Neil Hirsch Zan Hogan Vicky Holmes Jane Holzer Kelly Matthews Hopkins Rick Hopkins Dottie Houdry Jacques Houdry Alex Hufty-Griswold Vicky Hunt Brooke Wendel Huttig

J Donald Jackson Lisa Jackson Robert Janjigian Pat Johnson Sheila Johnson Darlene Jordan Jerry Jordan

Dina Merrill

Eleanor and Jon ??? Ylsivaker

K Gayle Kalisman Michael Kalisman Hannah Kamin Marvin Kamin Richard Kaplan Kenn Karakul Jim Kaufman Joyce Kaufman Frank Keenan Celerie Kemble Phoebe Kemble Martha Jane Kennedy Howard Kessler Michele Kessler Patrick Killian John Stuart Kirwan Jarrett Kling Judy Kling John Kluge Jr.

Angela Koch Bridget Rooney Koch David Koch Jessica Koch Julia Koch Dr. Ronald Koch William Koch Carole Koeppel Joel Koeppel Dorothy Kohl Sidney Kohl Caroline Koons Kathleen Koons Terry Allen Kramer Dr. Barbara Krantz Jared Kushner

L Parker Ladd David Lambert Penny Lancaster Dorothy Lappin Christopher Larmoyeux Leigh Larmoyeux Evelyn Lauder Jo Carole Lauder Karen Lauder Leonard Lauder Ronald Lauder William Lauder Lilly Leas Rodman Leas Harrison LeFrak Karen LeFrak Richard LeFrak Bob Leidy Christopher Leidy Robert Leidy Jr. Carole Lembo Petra Levin Stephen Levin Eric Levine Janie Lewis Bill Lickle Renee Lickle Sasha Lickle Elizabeth Lind Adam Lindemann Diane Lindemann Frayda Lindemann George Lindemann Dame Celia Lipton Farris Bobby Long Kathryn Long Helene Lorentzen John Loring Holden Luntz Jodi Luntz

M Benny MacFarland Carol Mack Chris Mack Ambassador Earle Mack Fred Mack Phyllis Mack Richard Mack Ruth Mack Tammy Mack William Mack Charlie Maddock Lily Maddock Mark Magowan Nina Magowan Hildegarde Mahoney Herbert Mallard Susan Bodnar Malloy Tim Malloy Anna Mann William Mann HRH Princess Maria Pia of Savoy Susan Markin Tiffany Marks Catie Marron Donald Marron Cheryl Marshman Homer Marshman Trae Marshman Alyne Massey Tom Mathieu Christina Matthews Jack Maxey Talbott Maxey Hamish Maxwell Jim McCann Michael R. McCarty Pat McCloskey Kevin McCluskey Minnie McCluskey Cathleen McFarlane-Ross Eileen McGann Austin Whitney McGurke Leroy McMakin Mimi Maddock McMakin Angie McNamara James McNamara Betsy Meany James Meany Amanda Meigher Christopher Meigher Grace Meigher Elizabeth Meigher Keith Meister Robert Meister Todd Meister Alberto Mejia Peggy Mejia JANUARY 2011 路 AVENUE MAGAZINE | 47

LIST Frederick Melhado Jill Fairchild Melhado Peter Melhado Virginia Melhado Matthew Mellon Nicole Hanley Mellon Ross Meltzer Dabney Mercer Dede Merck George Merck Christine Merrill Dina Merrill Robert Merrill Marjorie Mesquito Peter Mettler Adele Meyer Denise Meyer William Meyer Damon Mezzacappa Liz Mezzacappa Sam Michaels HRH Prince Michel de Bourbon-Parme HRH Prince Michel of Yugoslavia Craig Millard Michele Millard Jordann Miller Sydell Miller Edward Minskoff Julie Minskoff James Mischka Felix Miranda Christina Moens Lawrence Moens Ambrose Monell Lili Monell Mary Montgomery Robert Montgomery Danielle Hickox Moore Dudley Moore Jr. Kelly Moore Peggy Moore Dorrit Morley J. Todd Morley Dick Morris Carlos Morrison Renée Morrison Thomas Morrison Siri Mortimer Tinsley Mortimer 48 | AVENUE MAGAZINE · JANUARY 2011

N Harold Nectow Charlene Nederlander James Nederlander Ronald Newman William T. Newman Jr. Robert Nichols Mario Nievera Dr. Layne Nisenbaum Fernanda Niven James Niven Lee Niven

O David Ober Polly Ober Simon Offit Kenneth Ohrstrom Linda R. Olsson Polly Onet Binkie Orthwein Christopher Orthwein Catherine Oxenberg

P Blakely Page Lindsey Page Princess Pari-Sima Pahlavi Anka Palitz Gayle Pallesen Kit Pannill William Pannill Patrick Park Howard Parker Melissa Parker Joel Pashcow James Patterson Rep. Pat Patterson Susan Patterson Matthew Peltz

Nelson Peltz Nick Perkin Tatiana Perkin Brian Pfeifler Emilia Fanjul Pfeifler Mason Phelps Christopher Phillips Ande Phipps Ashley Phipps Lilly Phipps Ogden Mills “Dinny” Phipps Samantha Phipps Susan Phipps Cochran John Pickett Jr. K.C. Pickett Robin Pickett Margaret Picotte Michael Picotte Leonel Piraino Pauline Pitt Jane Pontarelli Joseph Pontarelli Dan Ponton Lois Pope Andy Price John Price Daisy Pulito Lilly Pulitzer Marina Shields Purcell

Aerin Lauder Zinterhofer

Q Thomas Quick Oliver Quinn Piper Quinn

R Caroline Cummings Rafferty John Rakolta Terry Rakolta Cater Randolph Nancy Raquet Walter Raquet John Rau Katharine Rayner William Rayner Paige Rense Dick Robinson Sally Robinson Jackie Rogers Nancy Ellison Rollnick William D. Rollnick Patricia Rooney Patrick Rooney Jr.

Thomas Quick

Cornelia Guest

EP AL

Tony Mortimer Nina Morton William Morton Jr. Prime Minister Brian Mulroney Mila Mulroney Nicolas Mulroney Christina Murphy Muffie Bancroft Murray Stephen Murray Steven Myers

Timothy Rooney Alexandra Lind Rose Louis Rose Aby Rosen Dr. Samantha Rosen Burke Ross Hilary Geary Ross Kara Ross Steve Ross Susan Ross Wilbur Ross David Roth Rena Rowan Christopher Ruddy Michael Rudin Samantha Rudin Crista Ryan Tad Ryan

Monica Spilotro Victor Spilotro Andrea Stark John Stark Renée Bross Steinberg Richard Steinberg Percy Steinhart Joyce Sterling Robert Sterling Jr. Rod Stewart Lori Stoll Steven Stolman Dana Stubgen Dr. Patrick Stubgen Dorothy Sullivan John Sullivan Ann Summers Peter Summers

Michael McCarty

Serena Boardman

Wilbur and Hilary Geary Ross

Rose Sachs Tom Samet Jorge Sanchez Serena Sanchez Edwina Sandys Missy Savage Todd Savage Arnold Scaasi Frances Scaife Jennie Scaife Allen Scherer Maggie Scherer Elliot Schnall John Schuler Liz Schuler Amanda Schumacher Chuck Schumacher Christine Schwarzman Stephen Schwarzman Teddy Schwarzman Val Selleck Stephanie Seymour Catherine Shaw Christina Shields Didi Shields Olympia Shields Henry Silverman Nancy Silverman Nick Simunek Earl Smith Jr. Jeffery W. Smith Lesly Smith Tracy Smith Scott Snyder Tiffany Spadafora

T Jean Tailer Annette Tapert Alfred Taubman Judy Taubman Dominick Telesco Susan Telesco Gail Theodoracopulos Harry Theodoracopulos John Theodoracopulos Pamela Stark Thomas Victoria Thompson James Tigani Betsy Titcomb Jacqueline Togut Jane Told William Told Jr. Tico Torres Regine Traulsen Donald Trump Donald Trump Jr. Ivanka Trump Melania Trump Vanessa Haydon Trump Nancy Tsai Betsy Turner Wally Turner Mary Frances Turner

V Jean van Waveren Mieke van Waveren

Victor Vargas Christopher Vecellio Kathryn Vecellio Leo Vecellio Michael Victor Wendy Victor Edward Villella

W Erik Walden Elizabeth Walker Alexis Waller Vera Wang Emilia Ward Liz Ward Jane Warsh Kevin Warsh Peter Washkowitz Fran Webster Penni Weinberg Steve Weinberg Lieutenant Colonel Allen West Angela West Galen Weston Hilary Weston Phil Whitacre Arthur L. Williams Jr. Eli Wilner Ken Wise Diana Strawbridge Wister William R. Wister Jr. Maureen Woodward Orator Woodward Stephanie Wrightsman Robert Wyner Shirley Wyner

Y Eleanor Ylvisaker Jane Ylvisaker Jon Ylvisaker Jack Young

Z Starrett Zenko Aerin Lauder Zinterhofer Eric Zinterhofer Paula Zukov ! JANUARY 2011 · AVENUE MAGAZINE | 49

Arabian Nights Peggy Siegal discovers the Doha Film Festival

Jane Rosenthal, Robert De Niro, Peggy Siegal and Craig Hatkoff Salma Hayek

Freida Pinto

Amanda Palmer and Andrew McCarthy

50 | AVENUE MAGAZINE · JANUARY 2011

WEDNESDAY, OCT. 27 Arriving at the ubiquitous Four Seasons Hotel at night, I have no sense of being in a Muslim country. The only giveaway is the clothing. Men wear long white shirt dresses with flowing head dresses. The women are completely covered in black.

Approaching the Qatar Cultural Village for the premiere of Casino Jack, I see miles of enormous black-and-white portraits of filmmakers by Brigitte Lacombe. The endless, brightly lit billboards popping out of the dunes are reminiscent of a Christo installation. Jury member Salma Hayek is on the red carpet as Kevin Spacey explains his black comedy, in which he portrays despicable G.O.P. lobbyist Jack Abramoff. The Arabs love the Americans’ ability to laugh at themselves. THURSDAY, OCT. 28 Doha Film Institute founder H.E. Sheikha Al Mayassa bint Hamad bin Khalifa Al-Thani attends a filmmaker’s breakfast. She is charming, modest and dresses in black. She is a legend in Tribeca. Her stunning mother, Her Highness Sheikha Mozah bint Nasser Al Missned is the Jackie O. of the Middle East. Her father, the Emir Sheikh Hamad bin Khalifa Al-Thani, runs the state of Qatar. The parents are presently visiting the Queen of England. The local media follow their every move. Tribeca Enterprises’ Craig Hatkoff and Geoffrey Gilmore and DFI Executive Director Australian Amanda Palmer welcome the crowd. The festival’s ambitious screening program has 51 features from 36 countries. Films being shown include: Made in Dagenham, Paranormal Activity 2, Tamara Drewe and documentaries Waiting for Superman and The Two Escobars. The back story is that in 2005, Mayassa graduated Duke University. Through an introduction to Bob De Niro, she landed an internship in Jane Rosenthal’s office. Eventually Bob and Jane found out her parents preside over a small country. Who knew?

head to the second annual Doha Tribeca Film Festival. Having negotiated the Cannes, Venice, Toronto and Hamptons festivals, which were a snap to get to, I arrive at JFK for a 12-hour flight to Qatar’s capital, Doha, a short boat ride from Iran. Iran? Am I crazy? At the airport, I am inconspicuously rolled into Qatar Airways VIP lounge in a wheelchair. Having survived two hip resurfacings allows me fast transport through security. I am filled with the guilty pleasure of sneaking halfway around the world for a cultural lark while my office is slaving away on every Oscar campaign. To my horror, in walks Harvey Weinstein with his 15-year-old daughter, Lily. He spots me. “What is Peggy Siegal doing here?” he inquires into his cell phone. “She should be promoting The King’s Speech, Blue Valentine and The Company Men!” Oh my God. Caught. I babble, “Harvey, it’s a free trip and I am writing about Miral,” another Weinstein film premiering in Doha. Tiny Qatar—the size of Connecticut and Rhode Island, a former pearl-fishing center and Mecca for camel caravans—is now one of the richest countries in the world thanks to having the third largest reserve of natural gas, after Russia and Iran. In the past eight years, vast construction has resulted in an instant modern city of only 15 percent Qataris and the rest foreigners. Build it and they will come.

Mayassa, following in her mother’s footsteps as chairperson of the Qatar Foundation for Education, Science and Community development, had a vision of bringing a film festival to Doha. Over the next months, Bob, Jane and their Tribeca team taught Mayassa about how their film festival operates. Fast forward to 2008 when Mayassa invited Bob and Jane to the opening of the Museum of Islamic Art and to meet her folks. The next day they gave a press conference announcing their creation of the Doha Tribeca Film Festival. Great story. Miral premieres tonight. Director Julian Schnabel, his exotic Palestinian girlfriend Rula Jebreal (whose story the film loosely follows), Rula’s look alike star Freida Pinto (Slumdog Millionaire), Yasmine Al Massri, producer Jon Kilik, Harvey Weinstein, Mira Nair and Amanda Palmer dressed as the movie star of her own fantasy film decorate the red carpet. Julian introduces his movie, explaining that the story is about four women whose lives intertwine in the search for justice, hope and reconciliation in a world overshadowed by rage and war. His intention is to bring peace and understanding to the Mid-East. FRIDAY, OCT. 29 Settling into the rhythms of Doha, I finally read the festival information packet left in my room. They have thought of everything. I miss by a day free massages, manicures, facials, make-up and rapid reflexology at the spa. I miss by two hours exciting complimentary excursions: a desert safari of dune bashing and a camel ride (did that in Egypt), a Dhow Cruise (with my luck, I’d drift towards pirates in Iran and end up a Jewess in distress), Doha at a glance in a bus (a what?) to The Pearl, a man-made island for a missed shoportunity (for a what?) and a Souq for a few Arab Falcons. On Friday night, Disney’s Secretariat premieres. It is the end of “Family Day” and the audience is stoned on sugar. Wild children race up and down the aisles to the beat of pounding horse hoofs. Sitting behind director

Randall Wallace, I proceed to grab Arab brats by the collar and drag them back to their oblivious parents. Eventually the kids settle into their mummy’s laps and fall asleep as the adults come alive, cheering for the world’s most famous thoroughbred, who they know will win. Back at the Four Seasons, Jane Rosenthal and an entourage comes into the lobby bar for a nightcap. She has just had dinner with Her Highness Sheikha Mozah, the Emir Sheikh Hamad, Mayassa, Bob De Niro, Craig Hatkoff and Patty Newburger at one of the Sheikh’s many gigantic, glittering, palatial homes to discuss the future of their cross-cultural endeavors. Arthur Sulzberger Jr. with his very tall Swiss girlfriend and financial analyst and Times editor Andy Rosenthal were also at dinner, having just arrived that day from Israel. Now, six ambitious Americans and one Swiss all in funereal garb unwind, kibbitz and drink till 3 a.m. SATURDAY, OCT. 30 Arthur and Andy “sing the praises” (as reported in a Gulf Times photo caption) of the work of Al Jazeera, the dominant world-wide Arabic T.V. news station, on a visit to their headquarters in Doha. The closing night film, The First Grader, wins the Audience Award. It tells the inspirational true story about an octogenarian and former Mau Mau rebel who enrolls in a local Kenyan school to learn to read. In a world of cultural diplomacy, one is reminded that the Tribeca Film Festival was established to rejuvenate lower Manhattan after the September 11th, 2001, attacks, which destroyed the World Trade Center. Tribeca has become a showcase for films with a political edge. Doha aims to do the same. Qatar’s cross-cultural efforts are noble considering they are situated in a strategically sensitive political area. In addition to film festivals, they are now hosting the 2022 World Cup soccer tournament. Qatar is ready for its close-up. ✦

Qatar Cultural Village

Rula Jebreal, Julian Schnabel, and Yasmine Al Massri

Randall Wallace

Kevin Spacey

Oceanfront seating

Anh Duong and Clifford Ross

Mira Nair JANUARY 2011 · AVENUE MAGAZINE | 51

All That Sparkles… T

Innovative jeweler David Webb lives on through his bold statement pieces, while his namesake company is reinvigorated by new owners, a new store and a cache of never-before-seen designs

he story of luxury been produced. “It was jewelry company endless,” says Ghadamian DAVID WEBB of the unearthed archives. begins on the “It was like falling into a Upper East Side, where the treasure chest.” With a seemflagship store opened in ingly untapped resource such 1948. After traveling from his as Webb’s sketches in front of hometown in North Carolina them, it didn’t take the trio to New York City to pursue long to begin bringing David his passion for jewelry, David Webb’s legacy of luxury, Webb, the designer, met craftsmanship and joie de Antoinette Quilleret, who vivre into the 21st century. would become a devoted “Everybody’s mother or patron. With her encouragegrandmother has pieces of ment and support, Webb’s Webb jewelry, but the name quickly became synonyyounger generation doesn’t mous with bold, fanciful know yet what kind of jewelry of unmatched quality treasures are out there,” favored by tastemakers Ghadamian says. “We want to like Jackie Kennedy and introduce this line to the Elizabeth Taylor. next generations.” Webb’s After Webb’s untimely distinctively edgy pieces are death in 1975, the company as current as anything being temporarily became a designed today, and sure to “sleeping beauty,” as Chief capture the attention of Operating Officer and Vice a younger audience. As President Sebastien David opulent as they are playful in puts it. Fortunately, however, design, recently produced for its loyal clientele, DAVID pieces from the cache of left: Sugar Loaf turquoise and black enamel bracelet, black enamel ring WEBB has been reinvigorated From archival sketches reflect a with turquoise and diamonds and black enamel ring with diamonds, all in 18-karat by three new owners and yellow gold and platinum fusion of influences, from is now poised to reclaim Art Deco to Asia. its standing as an iconic The collection of animals American design house. she, Robert Sadian and Mark Emanuel and other elements from nature, where “We all had a certain love for David discovered more than 50,000 original Webb found endless inspiration, drips Webb,” says Sima Ghadamian of her and David Webb designs hidden in the with gemstones like the diamonds and her partners’ decision to purchase the offices above the Madison Avenue rubies crowning the head of an company this past June. Soon thereafter, store—40,000 of which had never exquisite elephant bracelet, describe as 52 | AVENUE MAGAZINE · JANUARY 2011

“something a Maharaja would wear” by Ghadamian. Distinctive settings of gold, platinum and Webb’s trademark enamel work are complemented by the finest engineering, which makes even the most intricate pieces effortless to wear. A panther bracelet encrusted with more than 40 carats of diamonds feels weightless on the wrist. In response to the resurgence of interests in the brand brought about by its rebirth, plans for two new projects are in place to highlight Webb’s legacy. In the fall of 2012, a coffee table book by Ruth Peltason will unravel the air of mystery Webb main-

tion capacity, the space will also include galleries where the David Webb’s design will be displayed to the public. “We want people to have a really special experience the moment they walk through the door, whether they purchase a piece of jewelry or not,” Ghadamian says. Of course, resisting David Webb pieces is no easy task, particularly given the custom pieces now available at the store. We want people to be able to come and look at our archives and select a piece of jewelry that they like, and we’ll produce it just for them,” Ghadamian says. “It will be something very special. A little piece

“Everybody’s mother or grandmother has pieces of Webb jewelry . . . we want to introduce this line to the next generations.”—Sima Ghadamian tained in both life and death. But David Webb aesthetes don’t need to wait that long for a glimpse into his world. In June of next year, a new flagship store will open in front of the Whitney Museum on Madison Avenue at 74th Street, just up the street from the original location. The new store designed by architect Peter Pennoyer and interior designer Katie Ridder will showcase David Webb collections and house a larger factory where the jewelry will continue to be fashioned by highly skilled craftsman, some of whom worked for Webb himself in the 1970s. In addition to tripling the company’s current in-store produc-

of David Webb’s soul went into every one of his pieces and it shows.” David Webb designs will be premiering at Bergdorf Goodman this spring. They can be found at the flagship store located at 789 Madison Avenue and other select retailers. For more information, please visit www.davidwebb.com or call 212.421.3030. ✦

Above: Pair of Bastille bracelets in 18-karat yellow gold Left: Tiger and panther rings in 18-karat yellow gold and black enamel with gem eyes

JANUARY 2011 · AVENUE MAGAZINE | 53

financial roundtable Tony Guernsey

Jennifer Lee

Adam Green

Ann Limberg

Money Talks AVENUE’s panel of top financial executives discusses the state of the economic recovery, how to take the emotion out of investing and where the smart money is going

ANN LIMBERG: We feel it is a recovery. In March, a real pickup began and we’ve been pretty bullish about what’s been going on. The Bears have had a very big voice and I don’t think the economy is getting credit for a lot of positive fundamentals. ADAM GREEN: It seems that the recovery is real, but we have no illusions about where it comes from. It is driven by global, coordinated expansive policies by central banks. And that may well build momentum and virtuous cycles, but at the cost of unprecedented liquidity and public debt. So that leads to a great deal of uncertainty and real risks. In light of that it’s important to be careful about risk management. The second major theme is the jaw-dropping rate of growth of the middle class in emerging market countries, primarily China and India. That gives rise to investment opportunities, but they have to be evaluated carefully. TONY GUERNSEY: Eleven years ago there were eight funds that invested in emerging markets. 54 | AVENUE MAGAZINE · JANUARY 2011

They had $380 million invested. Today, there are 288 funds with $365 billion invested. AVENUE: Nice homework. So, we’ve had another round of Fed pumping up of the economy. How do we transition from the public-led to the private-led economy? RICHARD HOUGH: Unemployment is what feels bad. And the off-the-charts productivity numbers of a few years ago, just before the crisis, have yet to translate into GDP growth. And they should. Productivity is the requirement for future growth. We’re seeing real incomes recovered and rising. The consumer is coming back as a result of that. I think the double-dip recession everyone was worried about is off the table. It’s a matter of making everyone feel better. The key issue to solve is political uncertainty. We need assurances on U.S. fiscal policy, which will really help to restabilize the economic environment and allow investment to come back in, thereby driving future growth. I’m pretty optimistic. I think there will be moderate growth. The stock market tends to be something of a leading indicator. As a result, we could see very good stock market returns in a shorter time period before we see full economic recovery as evidenced by GDP.

DORIS MEISTER: We have not had the kind of growth rate that is typical coming out of a recession, and this was one of the worst recessions ever. So the recovery has been muted and in those countries that had significant debt we expect slow to moderate growth. AVENUE: Are a lot of your clients still in cash and watching and waiting? What are you telling them? AG: You can hold too much cash. With a cash-heavy portfolio, inflation and taxes slowly erode your wealth. And you might miss opportunities as markets improve. To address this, we start by helping you determine your day-to-day cash needs, and then develop a plan for the balance. Such a plan might involve short-term municipals, high dividend stocks and phasing into a broadly diversified portfolio. Sometimes a reluctance to invest may reflect fears or inertia rather than a dearth of opportunities. JENNIFER LEE: Adam is right. One of the hardest things with clients is the emotional nature of investing. We’ve been counseling our

ANDREW SCHWARTZ

AVENUE: When we met in spring, we talked about a weak economic recovery. Do we feel like it’s a recovery now?

Richard Hough

Doris Meister

clients—and our professionals—about being steadily invested and rebalancing consistently. But the hardest thing to do is to rebalance one’s portfolio when it is needed. So we have clients who are sitting on cash and on largely fixed incomes who are about where they were in 2007 when they were overweight in equities. Inevitably, individual investors are over-invested in the wrong places at the wrong time. TG: Looking at the angst meter of our investors right now, the angst is much higher about losses than about missing chances to make gains. So we end up just striving for capital preservation, which we hate because, well, it is passive. AL: There is a new normal. Sitting on cash on the sidelines right now is leaving so much opportunity on the table. We definitely think it is the right time. It is all about diversification and balance. A successful investor today has to think more like a business owner than like a trader. So an individual looking at their equity portfolio has to look at what they are holding and ask, “Are the fundamentals sound? Is there positive operating leverage? Is there appropriate use of debt? Are they doing

business in economies that are emerging in terms of a movement to consumerism?” The key is not necessarily just broad brush strokes around asset classes, but making choices within asset classes.

the time of the crisis that diversification was dead because people lost so much money. I don’t think it is dead at all. Those who stuck to their asset allocations did comparatively well. JL: If they rebalanced.

DM: Some anxious clients are generally overly invested in fixed income and cash, and are missing some of the investment opportunities that have come up in recent months. Investors need a balanced and diversified long-term allocation and at the same time—because of all the market volatility, they need to be nimble enough to seize short-term opportunities as they come up. AVENUE: A year and a half ago, panelists at our roundtable were talking about the need for new models of asset allocation in the wake of Lehman and Madoff. Are the fundamentals still correct as they apply to asset allocation? DM: We believe firmly in diversification. The question is how many asset classes do you include in your portfolio. RH: Absolutely. In fact there was a lot of talk at

RH: Yes, rebalancing is part of the theory. The problem is people who started to try to time it and did a lot of shifting. No one said that good asset allocation practices or modern portfolio theory were going to work in very short time periods during a crisis. It’s meant to work through the whole cycle. There’s no doubt that those who had a proper allocation not only lost less money than others, but recovered far better on the other side. AL: With all the financial media and the press these days, everything is accessible 24-7 to people of every degree of financial sophistication. While clients talk about being long-term investors, what they really love is market timing, which is hard to resist when they are watching what’s happening in the market hour to hour. The hardest thing is not necessarily rebalancing, it's trying not to get distracted by sound bites and keeping the right perspective.

ROUNDTABLE PARTICIPANTS ADAM GREEN, Northeast Regional Director, JP Morgan

JENNIFER LEE, Regional Managing Director, Wells Fargo

Private Wealth Management

Private Bank

PETER E. “TONY” GUERNSEY JR., Chief Client

ANN LIMBERG, Northeast Division Executive and Managing Director, U.S. Trust, Bank of America

Officer, Wilmington Trust Corporation

RICHARD HOUGH, C.O.O., Silvercrest Asset Management Group

DORIS MEISTER, Regional President, BNY Mellon Wealth Management

JANUARY 2011 · AVENUE MAGAZINE | 55

financial roundtable

AL: So much of what is important today goes back to common sense. Any asset or asset class in totality and isolation has pros and cons. It is all about the combination and appropriateness for the client. But it absolutely has to start with the client.

AVENUE: Structured products were supposed to provide an ironclad bottom to the horrors that took place over the latter end of 2008 and ’09. What are some of the lessons learned?

AVENUE: What is the place of commodities in a balanced portfolio these days?

AG: Derivatives can be misused—some of the bad press is warranted—yet derivatives are useful in many ways for wealthy individuals. They enable you to express a market view. Suppose you expect modest equity appreciation over a six-month time period, then you’d prefer an investment that gives you two times that appreciation subject to a maximum. Another use is to help you deploy cash when you should do so. So, for JP Morgan private banking clients, when the S&P fell into the 700s, we predicted we were near the bottom. Maybe not at the bottom, but near the bottom. We proposed an investment that provided some buffer to the downside, but gave equity exposure on the upside. This served our clients very well. So, if used in the proper way and with a good understanding of the risks and the fees, they’re powerful tools. TG: I don’t think 95 percent of people understand what they are buying with these products. Some structured products can be very useful, but the need for education is phenomenal. DM: Structured products play a role in investors’ portfolios, but advisors should be transparent about the fees and what the investors are buying. 56 | AVENUE MAGAZINE · JANUARY 2011

JL: Investors tend to think of commodities as oil and gold, when the reality is people get commodities across the board. One has to be diversified in order to take full advantage of that story. DM: Commodities are not an area where you want to be buy and hold. You need to be nimble because the way to make returns in commodities is by being more opportunistic. We also look at investors’ underlying commodities exposure in their equity portfolios. One area we haven’t talked about so far is private equity. The best returns tend to be vintage years, like now, when the economy is weak, followed by a big recovery period. AG: A trick of private equity is to diversify your vintages. One way that institutions and individuals alike got hurt was by piling on in 2006, whereas those who had investments in prior years, despite suffering losses in 2006, did well overall. AVENUE: Where, internationally, would you put your money? RH: Probably Europe. The emerging markets have been a great story, but that doesn’t necessarily mean the asset class right now is a good buy or is cheap. So I would weight towards more mature markets.

TG: Brazil, for so many reasons.: agricultural output, Olympics and World Cup, entrepreneurial spirit. AG: Emerging markets; a combination of equities and fixed income with currency exposure. The consumption by the growing middle classes is one of the more predictable trends. AVENUE: Please go out on a limb for our readers and tell us where you’d put your money next year. RH: U.S. equity. We still think it’s the cheapest asset class in the world. We think there’s a lot of room around valuations. They’re still reasonable. Rates are low. Fixed income in the U.S. seems overblown. There’s so much money sitting in fixed income and cash. It has to leave. It has to seek higher returns. TG: I’m going with technology. AG: Emerging markets diversified across currencies, debt and equity. JL: U.S. equities with a tilt toward growth, and we have an overweight on technology because there hasn’t been a meaningful technology spend since Y2K. AL: U.S. equities dividend growth payers; multinational exposure. DM: U.S. equities with a bias towards exports, companies that benefit from exports and business investment, including technology. Investors should also look more closely at emerging markets. AVENUE: Thank you all very much. !

ANDREW SCHWARTZ

AG: Because of that propensity to panic and the possibility of needing the liquidity, it’s important to construct your portfolio with an amount of risk you’re comfortable with. Your tools include diversification and rebalancing, but also alternatives and structured investments.

Can you handle the truth? The truth is most investors’ portfolios did not handle the past years’ market volatility well. A more alarming truth is that most plans have not been changed to mitigate future risks or capture opportunities. We have helped many investors with an honest assessment of their current portfolio and plan. May we help you?

Thomas D. Hurlbrink (212) 922-8169 bnymellon.com/truth

Who’s helping you?

A Few Truths about the Decade Ahead Navigating new worlds with old maps doesn’t work. Yet that’s what many investors today are doing. Their investment plans fail to recognize that the financial world has fundamentally changed, resulting in a new set of realities that will endure for many years to come. Growth Will Slow Down, Changes Will Accelerate At the heart of these new challenges is the changing nature of economic growth. No longer fueled by debt and unbridled spending, growth will be more heavily influenced by factors such as demand-driven exports and increasingly unpredictable consumer behavior. Consequently, it will be slower, more sporadic and less predictable. Translation? More difficult than ever to attain. Variable policy changes and economic headwinds will only make matters worse. The cost of health care alone will place a significant burden on the U.S. economy. And who can forecast how the economic climate will change as financial reform takes hold and stimulus policies unwind? Furthermore, federal and state deficits are making higher taxes an unfortunate — and unknowable — reality. For example, tax rates on ordinary income are set to increase after 2010, but Congress could act to alter the specifics. Add the possibilities of inflation and costlier living and our challenging future becomes even more complicated. “Turbulent” is the New “Calm” If you’re waiting for the volatility of the investment world to “return to normal,” you may have a long wait. Volatility is the new normal. Market reactions today are faster, more intense and sometimes contradictory. A glance back at the market’s recent roller coaster ride exemplifies what’s ahead. Can your stomach handle more ups and downs? More importantly, can your portfolio strategy? Hopefully, the answer is yes. Because asset classes and global markets are no longer performing according to historical norms. This was startlingly clear during the financial crisis of 2008-2009, when the basis of modern portfolio theory — that asset classes tend to act independently — was painfully refuted as most assets collapsed together.

has become mandatory. One where goals are clearly deﬁned and communicated — without jargon — to ensure that investors stay on track, even as the course twists and turns. Many Plans are Past Their Expiration Date Although so much has changed, most plans haven’t. Many plans are not only obsolete, but are also incapable of meeting investors’ most basic and important goals. To quickly anticipate and leverage the opportunities of the coming decade, investment plans must combine innovation and discipline in new ways. They must also consider all aspects of an individual’s wealth — tax and estate planning, liability planning, etc. — while remaining dynamic, constantly readjusting as the facts change. At BNY Mellon, we create plans that do both. Through true client partnerships. The question is: Is Your Plan Ready for What’s Ahead? We are happy to help you ﬁnd out. For a complimentary assessment of your current portfolio and its ability to navigate the challenges ahead — or for our new white paper, 2020 Vision: The Most Critical Decade — please visit bnymellon.com/truth or contact: sm

Thomas D. Hurlbrink (212) 922-8169

Who’s helping you?

Trust Must be Rebuilt, One Investor at a Time The fact that fraud and conﬂict have broken investors’ trust won’t help. Long-held beliefs in the value of investing and the viability of the system have come crashing down, replaced by questions about whether investment plans are safe or even worthwhile. A new quality of client-advisor engagement

2020 Vision: The Most Critical Decade is a service mark owned by The Bank of New York Mellon Corporation.

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FIFTH AVENUE MODERN CLASSIC

Park Ave/E 70s. 9 rms. High flr, 3,420 SF+/- . Park Ave views, 3 BR+ Lib, 4.5 baths, chef’s EIK, laundry & prvt landing. FSB w/gym. $5.85M WEB# 2064412

UES. Top location, PW 8 rms, 3 BR/4 bath, huge LR w/WBFP, formal dining, EIK, 10’ ceilings, CAC, F/S white glove co-op, gym. $4.895M WEB# 2108025

5th Ave. 6 rms. Triple mint 2 BRs/2.5 baths, FDR & EIK, Central Park views & gracious living in whiteglove bldg w/garage & HC. $4.25M WEB# 2048087

Linda Stillwell 212.836.1046

Daryl Eisenberg 212.508.7177

Lauren Muss 212.893.1455

CONDO 4 BEDROOM, 2.5 BATH LOFT

DUPLEX PENTHOUSE CONDO

SOARING CEILINGS

SoHo. Nolita’s most precious 3,200 SF loft, combo of historical NY & 21st c. architecture. WBFP, wood beams & columns, hi ceil. $3.795M WEB# 2070150

Flatiron. 2 terrs & 2 balconies, river to river views, Mint 2 BR/2 bath duplex, WBFP in F/S DM bldg on Madison Square Park. $3.5M WEB# 2073775

E 66th St. Dbl height LR, landmarked architectural gem, 2 BR, 2 bath + study in F/S co-op. Eastside elegance in a great location. $3.35M WEB# 2101316

Gabriella Winter 212.539.4988

Melinda Ely Dubow 212.605.9243

Caroline Holl 212.650.9261

CENTRAL PARK VIEWS

PERFECT TUDOR CITY HOME

TOWNHOUSE RENTAL

W 56th St. Views, high flr, 2 BR, 2.5 bath wht glove condo, top Kit & baths, 10’ ceil, flr-ceil winds & W/D. Park Imperial, FSB. $3.2M WEB# 2050125

E 41st St. Reno & restored prewar 2 BR/2 bath with high beamed ceils, steel casement windows & CA closets. F/S doorman co-op. $785K WEB# 2072358

E 70s/Madison. 6-story TH. Prime loc, 20’ wide, reno 12 rms, 6 BR, 5.2 baths, chef’s EIK, media rm, elevator, garden & pool. $65K/Mo. WEB# 2092776

Joan C. Billick 212.848.0474

Nancy Van Bourgondien 212.444.7860

T. Wexler 212.360.2288/L. Fitzig 212.360.1679

EVERLASTING ELEGANCE EXTRAORDINARY TOWNHOUSE

LOCATION, LOCATION

60s East. Triplex. Elegant 3-4 BR plus staff rm, reno kitchen, 4.5 baths, library, FDR, WBFPs, elevator, terrace, beautiful details, great for entertaining. $21,500/Mo. WEB# 1891642

West Village. Five-story landmark Greek Revival Built 1841. Recently renovated crown jewel artist studio triplex & 3 floor-thrus. Easily converted to single family. $12.995M WEB# 2073163

E 50s/Beekman. Gracious, architecturally reno, 4-story single family, 18’ wide townhouse w/south garden, Dbl LR, FDR, New chef’s Kit w/breakfast rm, 4 bedrooms, 4.5 baths, office/staff rm. $4.75M WEB# 1997822

Thomas Wexler 212.360.2288

Paul Kolbusz 212.500.7026

Joan C. Billick 212.848.0474

Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.

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12/16/10 3:30 PM

A Fair to Remember AVENUE Shows presents Antiques & Art at the Armory

AVENUE WILL AGAIN transform the Park Avenue Armory into the destination for antiques,

art and jewelry with the long-established Antiques & Art at the Armory Show, taking place March 9-13. This extraordinary event will present a multitude of world-class dealers, offering something for every interest. A more extensive preview and full show information—including our Exclusive Opening Night Benefit for the New York School of Interior Design, our Royal Oak Lecture series and discussions with leading designers—can be found at www.avenueshows.com. As the first show of the spring New York Show season and the first major social event on the calendar, ANTIQUES & Art at the Armory is sure to be the talk of the town.

hollis reh & shariff john jaffa antiques Cigarette case by Fabergé, workmaster August Hollming. Circa 1899. Width: 3 1/8 inches, height: 1 7/8 inches, depth: 1/2 inch. “Look around today wherever fine work of the goldsmith is displayed and you will almost invariably find the notice ‘by Fabergé.’ Nothing can tell more eloquently of the man and his work than the compelling attention that his creations still demand.” —John Jaffa of John Jaffa Antiques

Van Clef & Arpels diamond and platinum flower brooch with a single large roundcut stone cradled by baguettes and surrounded by sparkling, gem-studded leaves. New York, 1950s. “A rare and highly desirable signed piece that exemplifies classic 1950s Van Cleef & Arpels design” —Hollis Reh of Hollis Reh & Shariff

ophir gallery An American Art Nouveau favrile glass “Red Decorated” vase by Tiffany Studios with matte black spills highlighted by iridized blue trailings against a rich red iridized background, circa 1915. Signed “L.C. Tiffany - Favrile 682J.” “A great example of color, form and technique makes this vase by Louis Comfort Tiffany an extremely rare and highly soughtafter object by collectors.” —Edo Ophir of Ophir Gallery

gavin spanierman ltd. Theodore Earl Butler’s (1861-1936) Sweet Peas, Butler’s Garden, Giverny. Oil on canvas, 32 inches by 32 inches. “Although one of America’s most innovative post-impressionist painters, Theodore Earl Butler did not receive the recognition he deserved in his lifetime, perhaps eclipsed by his famous father-in-law, Claude Monet. Inspired by him, Butler discovered Giverny, where he developed his own technique and style. Sweet Peas is a prime example of Butler’s advancement of Monet’s technique.” —Gavin Spanierman of Gavin Spanierman Ltd.

60 | AVENUE MAGAZINE · JANUARY 2011

Defined by Quality & Design

THE SPRING SHOW March 9â&#x20AC;&#x201C;13, 2011 March 9, Private VIP Gala New York School of Interior Design honors Mario Buatta Tickets: 212.472.1500 x430 or gala@nysid.edu

March 10â&#x20AC;&#x201C;13, Open to the Public Park Avenue Armory | 643 Park Avenue at 67th Street | New York City For details, show information and tickets, please visit avenueshows.com or call 646.442.1627

ask hall f. willkie

The real estate expert shares his wisdom on . . . technologies and privacy

very client and customer relationship with a residential real estate agent should be trusted and private. The agent’s commitment to confidentiality and discretion must be absolute. As guardians of their clients’ interests, agents should consider their responsibilities and their ethical standards to be the equivalent of those of a private banker. Advances in technology, however, make this aspect of the job difficult in new ways. Is it possible to strike a balance between the individual’s desire for privacy and the public’s right to know? In New York City and elsewhere, residential sales of cooperatives, condominiums and townhouses are a matter of public record, and many websites popularly provide basic information about a transaction—including buyer, seller, address and price—within days of a closing. An experienced, professional agent will shepherd buyers and sellers through the complex sales process so that transactions proceed as discreetly as possible. But in an age of transparency, the larger questions of over-sharing and of technologies, which must be properly governed in the public’s best interest, need to continue to receive our close attention. !

Hall F. Willkie, President, Brown Harris Stevens Residential Sales; hwillkie@bhsusa.com

62 | AVENUE MAGAZINE · JANUARY 2011

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2/19/10 10:17:30 AM

THE DUKE-SEMANS MANSION 1009 FIFTH AVENUE SOLD FOR $44 MILLION, THE HIGHEST TOWNHOUSE SALE FOR 2010. A RECORD NUMBER IN A DOWN MARKET The $44 million paid in July 2010 was $4 million more – 10% higher – than the $40 million for which the mansion was bought in March 2006 when it was sold by the original owner, the Duke-Semans Family. Paula Del Nunzio represented the seller in both sales. Fourth Highest Residential Townhouse Sale. Highest Residential sale for any property type in 2010. OF THE 83 TOWNHOUSES PAULA DEL NUNZIO HAS SOLD, SHE HAS REPRESENTED THE SELLER OF 7 OF THE 8 HIGHEST SALES EVER.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

PAULA DEL NUNZIO Senior Vice President, Managing Director Licensed Associate Real Estate Broker 212-906-9207 pdelnunzio@bhsusa.com 445 Park Avenue New York, NY 10022

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778 PARK AVENUE, MAISONETTE. &ORVHG SULFH FRQĂ&#x20AC;GHQWLDO 7KH :LOOLDP F. Buckley, Jr. Maisonette, which even had its own private street address of 73 East 73rd Street, is one of those rare apartments about which the oft-repeated statement LV FRPSOHWHO\ WUXH Â´:KHQ WKLV DSDUWPHQW VHOOV WKHUH ZLOO QHYHU EH DQRWKHU OLNH LW Âľ

John Burger

Cathy Franklin

Scott Moore

15 CENTRAL PARK WEST

SAN REMO - FRONT SOUTH CORNER

FULL FLOOR WITH WRAP TERRACE

UWS. Excl. Coveted ‘D’ line, 3,173SF condo on the 33rd ﬂr in the 15 CPW tower. 3BR w/ library & 4 bath. Views from every room of Central Park, river & city skyline. $31.5M. WEB# 1176755. Kyle Blackmon 212-588-5648

UWS. Excl. Located on a high ﬂoor, this 11-room residence has magniﬁcent scale. 60’ fronting Central Park. Gracious layout. 3 bedrooms + library. Excellent light. $20M. WEB# 1158568. John Burger 212-906-9274

UWS. Excl. All new ﬂoor condo w/terr, huge LR/DR, chef’s kit, libr & den, 6BR, 6.5 Bth, CAC & oversized wndws. Garage, gym, pool & recreation room. $19.9M. WEB# 1175789. Lisa Lippman 212-588-5606 Scott Moore 212-588-5608

PARK AVENUE PERFECTION

ULTIMATE ELEGANCE

FAB RESERVOIR + PARK VIEWS

UES. Excl. 12 into 10 rms, 4 into 3BRs,4.5 bath,LR w/wbfp, FDR, libr, EIK w/ pantry & breakfast rm, double md’s rm, lndry rm. Fab sweeping city views. $10.75M. WEB# 1131304. Cathy Franklin 212-906-9236 Alexis Bodenheimer 212-906-9230

UES. Excl. Thirteen grand-scaled rooms built with exceptional attention to quality and detail. 3BR, 4.5 bath, FDR, library, media room, wbfp, wet bar & W/D. $9.995M. WEB# 1052282. S. Jean Meisel 212-906-9209

UES. Excl. Views in this 8 rm apt w/ 3BR, 3.5 Bth, LR, FDR, libr, WEIK, lndry, md’s w/bath. Major rms face 5th Ave. 2nd md’s + Bth on separate ﬂr. $8.995M. WEB# 1133783. Florrie Milan 212-317-7728 Ellen Sussman 212-317-7740

SOPHISTICATION ON FIFTH

CLASSIC FLATIRON POWER LOFT

UES. Excl. PW, corner, gut renovd 8 rm on 5th Ave designed by Vicente Wolf. Elegant apt w/ 4BR, 3.5 Bth, wbfp, gourmet chef’s kit & Cntrl Prk views. $7.98M. WEB# 1168569. Elizabeth Lee Sample 212-906-9299 Brenda S. Powers 212-906-9237

Flatiron. Excl. Full ﬂr, approx 5,000SF condo, superbly renovd, 11.5 ft ceils, striking kit, 51ftx57ft, majestic living room, gigantic windows & wbfp. $7.495M. WEB# 797579. Alex Ionescu 212-906-9234 David Anderson 212-588-5618

Toehl Harding

Andrew J. Kramer

Sarah Orlinsky

Lynn Sullivan

Paula Schott

Alina Pedroso

PREMIER SOHO PENTHOUSE

SoHo. Excl. PH-A is a duplex with open views over downtown, 5 terraces, wbfp, double height ceilings, three bedrooms, plus library. 285 Lafayette is a prewar DM condo. $8.495M. WEB# 1177975. Erin Boisson Aries 212-317-3680 Nic Bottero 212-317-3664

Kathy Cooper

Lisa K. Lippman

Frans Hugo Preidel

MAGICAL PARK VIEWS 6 ROOMS

SPECTACULAR SOHO LOFT LIVING

STUNNING 3 BEDROOM CONDO

CPW 60s Excl. Spectacular park & skyline + top location, WBFP & Candela bldg. LR, corner MBR & huge bath on the park. 2nd BR, DR, EIK, md’s $ 5.885M. $5.885M. WEB# 1153437. John A. Sheets - 212-906-9359

SoHo. Excl. A magnificent opportunity to experience luxury Soho living at its finest. Eco-friendly split 3BR, 3 bath with custom Italian finishes and superior appliances. $5.549M. WEB# 1172156. Angela Latigona 212 906-9240

Midtown West. Excl. Triple mint 3BR, 3 bath, panoramic views of Central Park and city skyline. Floor-to-ceiling windows, sleek & modern kitchen, mahogany ﬂoors & amazing light. $4.395M. WEB# 1156368. Judith A. Furgiuele, CFA 212-588-5693

Paula Del Nunzio

Curtis Jackson

Erin Boisson Aries

CENTRAL PARK SERENITY

FLOODED WITH LIGHT

HIGH FLOOR. HIGH STYLE DUPLEX.

UES. Excl. Fully renovated prewar apt 8 into 7 rooms with spectacular Central Park views. Large LR with wbfp, FDR, windowed EIK, 3BR, 3 bath + double maid’s rm/4th BR. W/D. $3.35M. WEB# 1090858. Rosario G. Baldwin 212-396-5853

Sutton. Excl. One-of-a-kind, entire ﬂoor, high ceiling, 3BR, 2.5 bath, large LR & DA, windowed kit w/ top-of-the-line appliances. 24hr DM, gym & roof garden. $2.75M. WEB# 1127338. Avida Ghaffari 212-317-7712

UES. Excl. Truly exquisite high floor 2BR, 2.5 bath sun-filled duplex with beautiful builtins throughout. WEIK with granite, bonus maid’s/office. Pied-a- terres ok. $2.45M. WEB# 1166685. Andrew J. Kramer 212-317-3634

Armin B. Allen

Elayne Roskin

Richard N. Rothbloom

164 EAST 72ND STREET

SEVEN ROOM PREWAR DUPLEX

GLORIOUS FIVE

UES. Excl. Elegant six in charming prewar Co-op. LR w/ wbfp and two MBRs have lovely tree-level views Combined libr/DR leads to fully equipped kit. Maid’s and bath. $2.075M. WEB# 1158788. Phebe Bowditch 212-906-9238

UWS. Excl. Beautifully renovated 3BR + ofﬁce, 3 bath w/ W/D, high-beam ceils, custom built-ins, lrg DR, pass-through kit & closets galore. Bldg storage, bike rm, lndry rm & play rm. $1.75M. WEB# 1170624. Elaine Clayman 212-906-9353

UES. Excl. Breathtaking river views every room. Sun all daylong. You will love this lrg 2 BR, EIK, DA, 2 bath, FS home. Exercise room, roof garden & garage. $1.75M. WEB# 1168632. Janet Garson Gifford 212-588-5623 David Anderson 212-588-5618

Nancy Elias

Abigail Lash

The most delicious things in life are found between the covers. New York City Restaurants

2011

on ZAGAT.com | on your phone | on your bookshelf

ZAGAT 速

AVE0111_Zagat.indd 1

12/20/10 3:12 PM

FEATURED PROPERTY

TROPHY IN THE SKY. 67th St/W Excl. Extraordinary 10.5 room, park, reservoir, river and city views from every room. 4BRs, 4.5 baths, den, formal dining room, library, office and maid’s room. $16.9M. Web#1891346 Dorothy Somekh, EVP 212.381.2265, Pat Harbison, EVP 212.381.2205

Scan this H-Tag with your smartphone to instantly view more detailed info, images and a floorplan of this property. Learn how at halstead.com/HTag

SOPHISTICATED LOFT STYLE PENTHOUSE. 50s/W Excl. Stunning views, 12’ceils, gas fp, 2BR/2Bth, gourmet kit. 2,163SF + 1,400SF E/N/S terraces. Pets ok. condop, no board apprvl. $4.2M. Web#1877245. Rosa Murphy 212.381.4251

STUNNING, ONE OF A KIND 3BR/2BTH PH. 64th/W Excl. Amazing 1,400+SF wrap terrace w/Central Park view, wbfp, CAC, 2 WICs, W/D, control 4 system and chef’s kitchen. $3.85M. Web#1743841. Jill Sloane, EVP 212.381.2206

HOME IN THE SKY. 59th St/E Excl. 5BR, 5Bth co-op. Panoramic views N/S/W. Mint renov kit & mrbl bths. Mrbl & hdwd flrs, cstm blt-ins & clsts galore. Near transp & restaurants $3.35M. Web#1881898. Ruth Sobie, SVP 212.381.6528

TAKES YOUR BREATH AWAY. Union Square Excl. Soaring S/N/E expos, prvt balc. 3BR/2.5BA, open loft-style, chef’s kit, limestone mstr bth, W/D, fitness ctr. $2.55M Web#1176821. F. DeChabris, SVP 212.381.6513, J. Kleinman, VP 212.381.6563

GORGEOUS 3BR/2.5BTH W/OPEN VIEWS. 74th/E Excl. Entry foyer leads to beautiful LR/DR w/planted terrace, open gourmet kit, gorgeous views, beautiful master suite, high flr. $1.999M. Web#1871751. Monica Podell, EVP 212.381.3231

DRAMATIC PH 2BR/2.5BTH DUPLEX. 50s/E Excl. Meticulously renov cond-op.River/city view, wndwd en suite baths. Top line kitchen, W/D. Elegant stairs, den, terrace & solarium. HC, pets. $1.9M. Web#627334. Judith Saunders, SVP 212.381.3266

HUDSON VALLEY

EXTRA-LARGE 1BR/1.5BTH. 77th/E Excl. Mint / FSB. Sunny S expo, oversized LR, sep dining bay, new kitchen and baths, W/D, 6 clsts, pets ok, guarantors ok. $899K. Web#1880784. C. Gelband, EVP 212.381.3225, F. E. Port 212.381.3218

12BR/6.5BTH ONTEORA PARK GEM. Hudson Vallley Excl. 10,000SF shingle style summer home. Large porch, 10 glorious acres, additional 3BR cottage and 3 bay carriage barn. $1.2M. Web#1881825. Carolyn Lawrence 518.828.0181

HUDSON VALLEY

SLEEK CONTEMPORARY 4BR/4BTH. Hudson Valley Excl. Newly built, mnt views,16 acres. Glass, wood & stone, 3,500SF, Brazilian wood flrs, in-ground pool, cedar deck & garage. $1.175M. Web#1810714. Mary Stapleton 518.929.7783

Halstead Property, LLC

Q Halstead Property Connecticut, LLC We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an afﬁrmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

How Luxury Real Estate Gets Real

Go to halstead.com for the Full Luxury Portfolio Collection

real estate

Rare on Riverside

On Riverside Boulevard, new luxury condominium The Aldyn draws homeowners to a vibrant neighborhood filled with parks and myriad cultural attractions

iverside Boulevard has emerged as one of the most exciting and vibrant new neighborhoods in Manhattan. With its large expanse of green space and wealth of luxury properties to choose from, it’s drawing prospective homeowners west. Today, one of its top destinations is The Aldyn, Extell Development Company’s latest luxury residence. Designed by Costas Kondylis and Partners LLP, The Aldyn is comprised of 286 residences, with rental apartments on floors 2 through 10 and condominium homes on floors 11 through 40. Many of these homes enjoy expansive views overlooking the Hudson River. “We anticipate a brisk pace of sales. There is pent up demand for oneand two-bedroom waterfront residences on Riverside Boulevard, and The Aldyn’s high floor and penthouse inventory has superior layouts,” says Beth Fisher, senior managing director of Corcoran Sunshine, the exclusive sales and marketing agent for The Aldyn. “Homes at The Aldyn offer unobstructed views of the Hudson River, the finest fitness amenities in New York City and attractive pricing starting at approximately $775,000.” Aldyn residents will enjoy the city’s largest residential athletic club as part of more than 40,000 square feet of amenities. LA PALESTRA at The Aldyn is the ultimate sporting experience, including a complete fitness center with yoga, Pilates, personal training and Kinesis rooms, as well as a 75-foot swimming pool, a 38-foot rock climbing wall,

70 | AVENUE MAGAZINE · JANUARY 2011

The Aldyn on Riverside Boulevard

full-size basketball and squash courts, a bowling alley and golf simulator. Spa facilities include private treatment rooms, sauna and steam rooms and men’s and women’s locker rooms. When combined with The Aldyn’s beautifully designed Entertainment Room with Catering Kitchen, Kidville USA indoor playground and landscaped courtyard, The Aldyn offers a social, club-like atmosphere. With interior finishes designed by Roman and Williams, The Aldyn’s one- to fourbedroom residences feature thoughtful floor plans for easy living and stylish interiors.

EVAN JOSEPH

Right: Living rooms with Hudson River views are flooded with natural light

“Homes at The Aldyn offer unobstructed views, the finest fitness amenities and attractive pricing.” —Beth Fisher Residents have the choice of two interior design options for their kitchens: teak or white cabinetry and Smeg and Miele premium appliances. Spa-like master baths feature Bianco Dolomite marble countertops, floors and walls, teak vanities and Zuma tubs with Waterworks brushed nickel fixtures. There are two sensational residences of more than 5,600 square feet that have expansive set-back terraces and private swimming pools—a rarity in a New York City condominium. The Riverside South shuttle and services including a 24-hour doorman and concierge further define The Aldyn’s unique lifestyle. Situated in the heart of Riverside South, Aldyn residents have access to acres of green space and soccer and baseball fields along Riverside South Park. Its close proximity to Lincoln Center as well as an array of worldclass museums, restaurants and shops makes The Aldyn one of the most desirable new residences on the West Side. !

Middle: The basketball court Bottom: The 75-foot swimming pool JANUARY 2011 · AVENUE MAGAZINE | 71

EXCLUSIVE REPRESENTATION

GARDINER ESTATE, EAST HAMPTON East Hampton. Great stone house on 5.5 park-like acres sits on a tree-lined village street set back behind a high hedge. Originally designed by the Architectural firm Wyeth and King and built in the late 1930’s for one of East Hampton’s most prominent residents, Robert Lion Gardiner. This wonderful residence and surrounding property have been meticulously refitted and restored during a five year renovation. Now available again for the first time. Exclusive $29M WEB# 21236

Tim Davis, SVP Associate Broker Regional Brokerage Advisor—East End 631.283.7300 ext 211 tgdavis@corcoran.com corcoran.com/tgdavis Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.

THE HAMPTONS

SHELTER ISLAND

NORTH FORK

EXCLUSIVE REPRESENTATION

BRIDGEHAMPTON NEAR OCEAN Bridgehampton. This renowned architect-designed country house is ideal for your weekend and year round getaway. Expansive, light-filled interior spaces offer the best of everything including double height entry, library with fireplace, living room with fireplace and French doors to the 115’ bluestone terrace with outdoor fireplace. Formal dining room, fabulous chef’s kitchen adjoining an entertaining area with fireplace and lounge. Eight bedrooms en-suite include a sumptuous master, 54’ pool with spa, sunken tennis court. A first offering and offered by appointment only. Co-Exclusive $9.5M WEB# 11769

THE HAMPTONS

SHELTER ISLAND

NORTH FORK

real estate

Properties of the Month A selection of deluxe residences in New York and beyond Brown Harris Stevens

A BYGONE ERA At 20 feet wide, this 5-story home off Fifth Avenue on tree-lined East 94th Street offers life on a very grand scale. It boasts eight bedrooms, six baths, a separate office and an elevator. Live in large, sun-drenched rooms with soaring ceilings, period plaster moldings, magnificent oak floors, five wood-burning fireplaces and a charming planted garden. $12.75 million. Please call Sallie Stern at 212.906.9270 and Susan Bohan at 212.588.5651.

Lawrence A. Moens Associates, Inc.

MAGNIFICENT MAISONETTE ON FIFTH AVENUE

ELEGANT BERMUDA LAKEFRONT

This five-bedroom, five-bathroom triplex condominium maisonette has all the benefits of a full-service building plus total privacy. A sweeping staircase connects entertaining spaces and the master bedroom with separate dressing room. The home boasts two wood-burning fireplaces and Central Park views. $21 million. Please call Janice Bayer at 212.906.9226.

A very special opportunity to live above the Intracoastal waterfront in Palm Beach. This elegant five-bedroom residence features staff quarters, a three-car garage and separate cabana at the lakeside pool. Just blocks from the Palm Beach Country Club. Owners will enjoy scenic walks along the lake trail. $13.9 million. Please call Lawrence Moens at 561.655.5510.

Nest Seekers International THE KEYS TO GRAMERCY PARK This 3-bedroom condominium at The Residences at 36 Gramercy Park East offers direct views of Gramercy Park across the street, grand layouts, classic herringbone floors, expertly restored finishes, en-suite marble bathrooms and modern kitchens with custom cabinets and marble countertops. Graced with original gargoyles and the pointed arches of classic Gothic architecture, this distinguished pre-war building is a masterpiece of white terracotta. Exclusive amenities include white glove service, 24-hour doorman, concierge service, complimentary health club membership, cold storage and a coveted key to Gramercy Park. $5.75 million. Please call David Tobon at 646.443.3716 and Michael Arcos at 646.443.3739.

74 | AVENUE MAGAZINE 路 JANUARY 2011

RO G E R E R I C K S O N

DISTINCTIVE P R O P E R T I E S

PIERRE HOTEL: 5th Avenue & 59th Street. Own an entire Tower floor with ±5,000 square feet and be pampered by the hotel’s legendary service. Spectacular Park views. $25,000,000. WEB:H0016598

CARRIAGE HOUSE: A “WOW” from the moment you enter, this newly renovated 25’- wide home is spectacular. +10,000 square feet on 5 floors, garden and 2 “great” rooms with 20’ ceilings. $19,000,000. WEB:H0017249

WEST 69TH STREET TOWNHOUSE: Renovated 19 foot wide, 5 story

PREWAR PENTHOUSE: 79th Street, Lexington/Third. ± 3,000 sq ft duplex with ±1,000 sq ft planted and sun-flooded terrace. Wood burning fireplace, 3 bedrooms, full service. Superb value. $3,950,000. WEB:H0017375

23’ TOWNHOUSE OFF FIFTH AVENUE: 80th Street. Grand, 5 story home rich in detail on one of Manhattan’s finest blocks. 14’ ceilings, renovated, residential or commercial use. $18,500,000.WEB:H0017305

house steps to Central Park, 5 bedrooms, eat-in kitchen, sunny planted garden, even a professional recording studio. $9,000,000. WEB:H0017323

EAST SIDE MANHATTAN BROKERAGE I sothebyshomes.com/nyc 38 EAST 61ST STREET NEW YORK, NY 10065 T 212.606.7660 F 212.606.7661 ROGER ERICKSON SENIOR MANAGING DIRECTOR I T 212.606.7612 I www.roger-erickson.com Sotheby’s International Realty, Inc. is owned and operated by NRT LLC. Sotheby’s International Realty® is a registered trademark.

real estate

Broker Portfolio Some of those who hold the keys to the most coveted real estate in New York and Palm Beach CURTIS JACKSON Brown Harris Stevens 212.317.7714 cjackson@bhsusa.com Notes: Highly respected Senior Vice President, Director Curtis Jackson has been honored with the firm’s most prestigious awards, including Broker of the Year and Listing Broker of the Year. An Upper West Side and East Side specialist for the past 27 years, Jackson is valued by his clients for his professionalism, deep understanding of the market and commitment to providing the highest level of service.

CRISTINA CONDON Sotheby’s International Realty 561.301.2211 cristina.condon@sothebyshomes.com Notes: Cristina Condon ranked No. 2 in REAL Trends’ annual list of the nation’s top brokers published by The Wall Street Journal in June 2009, with a volume of $202.78 million in 2008. Her real estate career began in 1982 with Sotheby’s International Realty, and she has consistently distinguished herself by her ability to seamlessly sell a modest two-bedroom condo or rental or a multi-million-dollar Palm Beach estate, demonstrating her unparalleled knowledge of Palm Beach properties.

76 | AVENUE MAGAZINE · JANUARY 2011

WALLY TURNER

SHIRLEY WYNER

Sotheby’s International Realty 561.201.2060 wallyturner@comcast.net

Barclays International Realty 561.366.2004 sw@barclaysrealty.com

Notes: Wally Turner has been visiting Palm Beach since childhood, and is now one of Sotheby’s International Realty’s leading producers both locally and internationally. He also serves as chairman for the Boys & Girls Club of America and in the executive committee of Palm Beach United Way.

Notes: As the owner of Barclays International Realty in Palm Beach, Fla., Shirley Wyner has been in touch with the pulse of the island for 34 years. She exclusively sells advantageously priced estates, homes and condominiums, and her attention to detail and confidentiality provides the highest level of service. After 12 years with the U.S. State Department, Wyner calls the Island home. She speaks six languages fluently, and has developed a large New York and New England clientele.

P R E M I E R P RO P E RT I E S

www.NikkiField.com

45 WEST 67TH STREET

$8,700,000

510 PARK AVENUE

$5,600,000

417 PARK AVENUE

$3,600,000

1 WEST 67TH STREET

$6,950,000

860 UN PLAZA

$2,650,000

$3,900,000

535 PARK AVENUE

$3,600,000

870 UN PLAZA

$4,500,000

205 WEST 57TH STREET

EAST RIVER COOP

$4,500,000

$19,500,000

785 FIFTH AVENUE

RIVERFRONT DUPLEX

NIKKI FIELD

$11,000,000

EAST SIDE BROKERAGE I sothebyshomes.com/nyc 38 EAST 61ST STREET, NEW YORK, NY 10065

NIKKI FIELD SENIOR VICE PRESIDENT, ASSOCIATE BROKER T 212.606.7669 I nikkifield.com Sotheby’s International Realty, Inc. is owned and operated by NRT LLC. Sotheby’s International Realty® is a registered trademark.

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CAN_mag.indd 1

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Local Experts Worldw ide

MANHATTAN PROPERTIES

941 PARK AVENUE: Palatial 13-room prewar

GREAT INVESTMENT PROPERTY: 21’-wide, 6-story mixed use building near Columbus Circle. $8,000,000 WEB: A0017416. MonLing Landegger, 212.606.7665, Christine Mouterde-Berk, 212.606.7642

PENTHOUSE WITH PRIVATE POOL: One-of- akind 7-room duplex co-op with views and enormous outdoor space. 2 bedrooms. $5,250,000 WEB: A0017178. Margaret Juvelier, 212.606.7668

FIFTH AVENUE: Spectacular 7-room prewar coop overlooking Central Park through picture windows. 2 bedroom, 3 baths. Broker owner. $4,995,000 WEB: A0017393. Elizabeth Herz, 212.606.7735

969 FIFTH AVE: Magnificent Central Park and the

1075 PARK AVE: Triple mint 8-into-7 room prewar

city skyline views. High, corner, prewar co-op with 2 bedrooms, 2½ baths. $4,200,000 WEB: A0017306. Pat Wheatley, 212.606.7613, Sheila Ellis, 212.606.7691

co-op facing Park Ave, with high ceilings, fireplace, 3+ bedrooms. $3,955,000 WEB: A0017349. A. Koffman, 212.606.7688, J. Janssens, 212.606.7670

161 W 15TH ST, HUGE CHELSEA LOFT: Rare 3,443± sq ft, 12-room, 5 bedroom, 3 baths loft with huge wrap around windows, 12’ ceilings. $3,400,000 WEB:A0017373. Eric Malley, 212.606.7625

215 EAST 72ND STREET: Classic, sun flooded, 8-into-7 room prewar co-op overlooking tree-lined street. Well maintained estate with charm. $2,695,000 WEB: A0017370. Bunny Goodwin, 212.606.7721

455 EAST 51ST STREET: Triple mint 2 bedrooms, 2 baths, 2 fireplaces, Crestron media system. Sun filled East River views. $2,650,000 WEB: A0017356. R. Golubock, 212.606.7704, C. Rounick, 212.606.7643

ONE CARNEGIE HILL: Spacious corner 3 bed-

137 DUANE STREET: Renovated 2,251± sq ft loft

rooms, 3 baths, floor-to-ceiling windows and postcard views. Wonderful amenities. $2,200,000. WEB: A0017391. Kathy Kaye, 212.606.7620

in prewar condo. 13’+ ceilings, 2 bedrooms, 2 baths. $2,195,000 WEB: A0017405. Gabriele Devlin, 212.606.7729, Lee Summers, 212.606.7789

303 E 57TH ST: Panoramic views from every room. 44th floor, 2-bedroom (convertible 3-bedroom), 3 baths, balcony. $1,250,000 WEB: A0017400. W. Hilliard, 212.606.7689, D. Senko, 212.606.7785

duplex in triple mint condition. 5 bedrooms, 4 ½ baths, wood burning fireplace. $13,500,000 WEB: A0017263. Kevin B. Brown, 212.606.7748

MANHATTAN BROKERAGES I sothebyshomes.com/nyc EAST SIDE 38 EAST 61ST STREET, NEW YORK, NY 10065 T 212.606.7660 F 212.606.7661 DOWNTOWN 379 WEST BROADWAY, NEW YORK, NY 10012 T 212.431.2440 F 212.431.2441 Sotheby’s International Realty, Inc. is owned and operated by NRT LLC. Sotheby’s International Realty® is a registered trademark. Street in Saintes-Maries, used with permission.

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AVE0111_Gotham.indd 1

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SOLD

MONTAUK

$3M

SOLD

DITCH PLAINS OCEANFRONT ON FIVE ACRES Montauk. East Deck Motel with 30 units and olympic size pool, on a world class surf break. Exclusive $20M WEB# 35051 MONTAUK

$1.75M

SOLD

MONTAUK RENOVATED OCEANFRONT MASTERPIECE

GARDINER’S BAY WATERFRONT

Montauk. Steps to beach. Four bedrooms, 2.5 baths bordering on reserve. 360º of ocean and sunset views. Co-Exclusive $5.95M WEB# 26809

Montauk. Views from every room. 5,500 SF+/home on 1.5 acres with pool, poolhouse, jacuzzi. Exclusive $5.85M WEB# 50546

$1.6M

IN CONTRACT

MONTAUK

$2.4M

IN CONTRACT

HOUSE WITH A VIEW

TURN KEY WITH VIEWS

Montauk. Ocean, bay and lake views Contemporary with spacious living area and great decking space. Exclusive $1.6M WEB# 10433

Montauk. Turn-key 3 bedroom, 2 bath home with pool. Ocean and lake views. Borders reserve. Exclusive $1.5M WEB# 13188

2009 Montauk Top Producer Chris Coleman, Salesperson 631.899.0403 chris.coleman@corcoran.com corcoran.com/ccoleman Equal Housing Opportunity. The Corcoran Group is a licensed real estate. Owned and operated by NRT LLC.

THE HAMPTONS

SHELTER ISLAND

NORTH FORK

MONTAUK

$1.095M

AVE1010_LexisNexis.indd 1

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Page 87

avenue’s LEGAL ELITE INSIDE THE WORLD OF TRUSTS AND ESTATES LAW

his month, AVENUE teamed up with LexisNexis Martindale-Hubbell once again, this time to present readers with a list of the city’s top trusts and estates attorneys. Those who made the cut have all received an AV Preeminent Rating™—the highest Peer Review Rating™ available. Whether selecting a firm to meet your personal legal needs or seeking to validate credentials, our list provides the information you’ll need to obtain the best representation out there.

AVENUE’S LEGAL ELITE

ROBERT J. MAUCERI Counselor at Law AVENUE asked eminent Trusts and Estates attorney Robert Mauceri what makes someone in his position successful and what distinguishes him from the competition. A good Trusts and Estates attorney is able to develop an estate plan that not only makes practical sense for a client’s family, but also minimizes transfer taxes and shelters assets from creditor risks for several generations. He or she must also have the skills to handle any and all matters pertaining to planning an estate and executing the plan. By that I mean having the technical knowledge of the law and the skill to devise and draft complicated trusts and other documents necessary to successfully implement the plan. My skill level comes from 40 years of practice both as an attorney in the Office of the Chief Counsel of the IRS, which has imparted invaluable experience in tax matters that are litigation-sensitive, and as a private practitioner with decades of experience drafting complicated trusts and contracts. Also, since my practice experience covers areas such as income taxation of individuals and corporations, ERISA planning, mergers and acquisitions, partnership arrangements and charitable gift planning, I have the ability to appreciate and evaluate and give advice regarding all the aspects of a client’s tax, financial and family situation.

ROBERT J. MAUCERI, J.D., LL.M. 212.979.1738 r.mauceri@nysbar.com 60 W. 13th Street, 5-B New York, N.Y. 10011

30 Oak Street, Suite 101 Stamford, Conn. 06905

88 | AVENUE MAGAZINE · JANUARY 2011

Someone in this field must also be able to anticipate and help clients avoid potentially costly problem areas. For example, clients need to protect their assets from risks that cannot otherwise be insured against with traditional insurance. In addition to tax planning, asset protection planning has come of age and is a vital component to a wealth preservation plan. I have been providing asset protection services since 1999 when domestic asset protection planning first became available. Above all, a Trusts and Estates attorney must be attentive, supportive, sympathetic and responsive to clients’ needs. Having developed a network of attorneys, CPAs and financial advisors who can handle virtually every legal or financial issue that a client may have, I bring added value to clients as well as provide continuity for clients and their families for years to come. —Robert Mauceri

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Page 89

MICHAEL N. CONNORS

Born and raised in New York City, Michael N. Connors graduated from Pace University and soon after served in the United States Army with the Military Police in Germany. After an honorable discharge, Connors enrolled in Brooklyn Law School and, in 1981, started his private practice in Brooklyn. Five years later, Connors, with Florence Sullivan, the Republican candidate for U.S. Senate in 1982, formed Connors & Sullivan PC, a mid-size firm that deals almost exclusively with Trusts and Estates, emphasizing Estate Planning, Estate Administration and the related taxes. “We are small enough to know you as a person, but large enough to have attorneys and staff that can give you experienced advice,” says Connors of his firm. For him, the key to a top lawyer, like those at Connors & Sullivan, is the ability to foresee all possible scenarios and develop a plan for all contingencies. “As lawyers, we have to be flexible in our planning to prepare for the best and worst case scenarios,” Connors explains. Connors spends much of his time educating the community on estate planning through regular seminars focusing on asset protection and taxation. For more than 20 years, he has been explaining the importance of estate planning and wills. Connors served on the New York State Governor’s Advisory Committee for the Aging for more than 15 years. He currently serves on the New York State Ethics Commission Public Advisory Council. He is the National Judge Advocate General for the Catholic War Veterans and serves as a director for the Civil War Round Table of New York. “One of my proudest moments was freeing two sisters in their eighties from a nursing home where they were held against their will,” Connors recalls. Another recent success for Connors & Sullivan was the transfer of a $30-million-property through an estate by a combination of discounts that resulted in paying an estate tax on only one-third the value of the property. After 30 years of experience, Connors still loves his job. “Meeting with clients and becoming acquainted with them and their families, knowing their history and hearing their stories, is the most rewarding aspect of my work,” he says. “Getting to know the client as a person, not a file, is extremely satisfying.”

BROOKLYNEAGLE PHOTO BY SAM NEWHOUSE

Connors and Sullivan Attorneys-At-Law PLLC

MICHAEL N. CONNORS 110 E. 59th Street New York, N.Y. 10022 www.connorsandsullivan.com info@connorsandsullivan.com 212.737.2700

JANUARY 2011 · AVENUE MAGAZINE | 89

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AVENUE’S LEGAL ELITE

AVENUE’s Legal Elite Barry Abbott Abbott, Barry, Attorney at Law J. Dinsmore Adams Jr. Curtis, Mallet-Prevost, Colt & Mosle LLP David N. Adler Adler, David N. Michael V. Ajello Ajello, Michael V. Venan J. Alessandroni Wormser, Kiely, Galef & Jacobs LLP Arthur A. Anderman Anderman & Anderman Jean B. Angell Bryan Cave LLP Christopher C. Angell Patterson Belknap Webb & Tyler LLP Debra R. Anisman Schulte Roth & Zabel LLP Robert Anthoine Pillsbury Winthrop Shaw Pittman LLP Ann H. Appelbaum Jewish Theological Seminary of America David J. Arcella Bessemer Trust Company NA (Legal Department) Alan L. Aronson Fulbright & Jaworski LLP Robert W. Ashton Ashton, Robert W. Ronald R. Atkins Davidson, Dawson & Clark LLP Sidney W. Azriliant Azriliant, S & E PC Robert L. Bachner Phillips Nizer LLP Charles H. Baller Wolf Haldenstein Adler Freeman & Herz LLP Kim E. Baptiste Schulte Roth & Zabel LLP Mal L. Barasch Katten Muchin Rosenman LLP Stanley A. Barg Duane Morris LLP Joseph A. Baum Pliskin, Rubano & Baum Fredrick A. Becker Becker, Fredrick A. Nathaniel F. Bedford Jillson, Bedford & Hoppen Edward G. Beimfohr Windels Marx Lane & Mittendorf LLP 90 | AVENUE MAGAZINE · JANUARY 2011

Jonathan R. Bell Stern Tannenbaum & Bell LLP Erica Bell Weiss, Buell & Bell Carl D. Bellows Weil, Gotshal & Manges LLP Anthony M. Benjamin Benjamin, Anthony M. Robert W. Benjamin Wiggin and Dana LLP Elizabeth S. Benson Benson, Elizabeth S. Bernard D. Bergreen Bergreen, Bernard, PLLC Bradley Bernstein Cohen Lans LLP Martha Gray Billman Silberman, John, Associates PC Howard Bindelglass Phillips Nizer LLP James I. Black III Sullivan & Cromwell LLP Mark N. Bloom Bloom, Mark N. Susan F. Bloom Patterson Belknap Webb & Tyler LLP Wallace Bock Collier, Halpern, Newberg, Nolletti & Bock LLP Herbert Bockstein Blank Rome LLP Leonard B. Boehner Morris & McVeigh LLP Judith Boies Boies, Schiller & Flexner LLP Thomas A. Bolan Bolan, Thomas A., PC R. Andrew (Andy) Boose Davis Wright Tremaine LLP Helmut Borchert Borchert, Genovesi, LaSpina & Landicino PC Ninette S. Bordoff Hahn & Hessen LLP Alan Borenkind Uncyk, Borenkind & Nadler LLP Mark G. Bosswick Berdon LLP David N. Bottoms Jr. Banyon Partners Richard J. Bowler Bowler, Richard J. John M. Braisted III Braisted & Braisted Ross M. Branca Branca, Ross M.

Douglas W. Brandrup Griggs, Baldwin & Baldwin David A. Brauner Windels Marx Lane & Mittendorf LLP Barnabas B. B. Breed Breed, Barnabas, & Associates Jane C. Bressler Bressler, Jane C. Jeffrey K. Brinck Brinck, Jeffrey K. Avron I. Brog Brog, Avron I. Neal A. Brown Balber Pickard Maldonado & Van Der Tuin PC Macdonald Budd Morris & McVeigh LLP William Buice III Davidson, Dawson & Clark LLP Stanley E. Bulua Robinson Brog Leinwand Greene Genovese & Gluck PC Peter M. Burke Lindabury, McCormick, Estabrook & Cooper PC Kathleen M. Burke New York Presbyterian Hosp. Edmund J. Burns Burns, Kennedy, Schilling & O’Shea William J. Butler Butler, William J., Esq. Lawrence B. Buttenwieser Katten Muchin Rosenman LLP Michael D. Butterman Duane Morris LLP William A. Cahill Jr. Anderson & Cahill George B. Cameron Sincerbeaux & Shrewsbury Bruno Cappellini Cappellini, Bruno Benjamin M. Cardozo Cardozo & Cardozo PC Gerald I. Carp Mazur, Carp, Rubin & Schulman PC Richard J. Carter Jr. Eaton & Van Winkle LLP Mark J. Caruso Caruso, Caruso & Branda PC Lauriston Castleman Jr. White & Case LLP Jerome J. Caulfield Carter Ledyard & Milburn LLP Alfred Cavallaro Cavallaro, Alfred

Richard J. Cea Wingate, Kearney & Cullen LLP Beverly Fanger Chase Davis Polk & Wardwell LLP Andrew M. Chertoff Chertoff, Andrew M. Donald C. Christ Sullivan & Cromwell LLP Ada Clapp Clapp, Ada Celia R. Clark Clark, Celia R., PLLC L. David Clark Jr. Clark, L. David Jr., PC James G. Clements Anderson Kill & Olick PC James R. Cohen Kleinberg, Kaplan, Wolff & Cohen PC Richard G. Cohen Pillsbury Winthrop Shaw Pittman LLP David M. Cohen Cohen, David M. Bradford Colcord Colcord, Bradford Adrian A. Collins Collins, Adrian Anthony, PC Thomas A. Conniff Cullen and Dykman LLP Gerard A. Connolly Jr. Connolly, Gerard A. Jr., Attorney and Counselor at Law Michael N. Connors Connors & Sullivan Attorneys At Law PLLC Harvey E. Corn Greenfield Stein & Senior LLP Stephen C. Corriss Schulte Roth & Zabel LLP Sharon H. Cott The Metropolitan Museum of Art Richard B. Covey Carter Ledyard & Milburn LLP Pasquale J. Crispo Crispo, Pasquale J. Richard J. Cunningham Jr. Fulbright & Jaworski LLP Richard W. Cutler Cutler, Richard W. Lawrence L. D’Amato D’Amato, Lawrence L. Ronni G. Davidowitz Katten Muchin Rosenman LLP Samuel R. Davis Reynolds Richards

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JOHN O. McMANUS McManus & Associates Is your estate protected in 2011? Now that the estate tax debate in Congress is over (for now), there is no better time for individuals and families to take action and optimize their estate plans. As we embark on a new year, we must resolve to capitalize on estate planning strategies that will not only spur asset growth for our heirs, but also ensure that a legacy of values continues for our loved ones. Without proper planning, many risks arise when wealth is passed from generation to generation. Inheritances are vulnerable to attack from unintended beneficiaries, children’s spouses and law suits. Younger beneficiaries who receive substantial sums of money may lose their motivation to pursue an education, begin their careers and become self-sufficient, independent adults. In other unfortunate circumstances, beneficiaries may put assets to inappropriate uses, such as gambling, drugs, alcohol or other excesses. What can you do to prevent this? Leaving an inheritance in trust for loved ones can alleviate these concerns. When employed properly, trusts protect the assets from reversals that beneficiaries may encounter, while encouraging them to make their own way and to create their own estate. Worthy family members and friends, or favored institutions, may be appointed as Trustee or co-Trustee to make distributions for a beneficiary’s typical needs, such as health care, education and support. With the resources of the trust, the Trustee can encourage positive behavior and guide the beneficiary to a rich, full and productive life. In families where young children will inherit, a sophisticated estate plan will also create a comprehensive lifestyle path

for these children. Many parents identify key family members and friends to counsel the guardians regarding important decisions. As the children mature, an emphasis might be placed upon enrolling in the most appropriate schools and providing the best developmental environment to ensure a fruitful life. Other noteworthy directions often include requests for the children’s medical treatment, their spiritual upbringing, visitation to important family members, such as grandparents, and the appointment of temporary custodians until non-local guardians are able to serve. Finally, a well-designed estate plan will nimbly respond to legislative changes that occur. The Federal estate tax law is only effective for the next two years and President Obama promises that, with this tax relief, he intends to close tax “loopholes.” Today, there are many effective estate planning strategies that permanently avoid estate tax, but may be in danger of extinction with the termination of these “loopholes.” Further, State estate tax is alive and well at rates in excess of 10 percent. During this “Great Recession,” we have witnessed the largest budget deficit since World War II. Ultimately, the mounting national debt must be addressed and a likely result could be (i) a return to a more confiscatory estate tax and (ii) an elimination of certain techniques that reduce the payment of estate tax. Affluent families were subjected to Estate Tax Rates of 70 percent or greater at the top bracket for more than 50 years. Additionally, as recently as 2001, the effective Estate Tax rate was 55 percent with an estate tax credit of only $675,000. Expert guidance is essential to identifying strategies that will accomplish tax-efficient transfer of assets to the

next generation in the most complete, protected and holistic manner possible. This new year ushers in new opportunities. We welcome the privilege to protect the legacy of wealth and wisdom that you pass to your loved ones. John McManus founded McManus & Associates in 1991, and is celebrating 20 years representing the affluent community of New York, New Jersey and Connecticut with sophisticated trust and estate planning. McManus is honored with Martindale Hubbell's highest rating and is named to their Bar Register for Preeminent Lawyers for 2011.

McMANUS & ASSOCIATES 1325 Avenue of the Americas New York, N.Y. 10019 john@mcmanuslegal.com 212.753.9000 ext. 100

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Evan R. Dawson Dawson, Evan R. Albert P. De Lillo DiVernieri, DiVernieri & Cotter LLP Norbert Dengler Dengler, Dengler & Dengler George O. Deshensky Deshensky, George O. Barry Dickman Dickman, Barry Marvin H. Doblin Dobin, Marvin H. Alan Donaldson Davidson, Dawson & Clark LLP Maureen D. Donovan White & Case LLP James F. Downey Stroock & Stroock & Lavan LLP Thomas G. Draper Jr. Mazur, Carp, Rubin & Schulman PC John T. Driscoll Driscoll & Delaney Kenneth DuBroff Cuddy & Feder LLP R. Demarest Duckworth III Meaders, Duckworth & Moore Gerald J. Dunworth Gibney, Anthony & Flaherty LLP William S. Eakins Patton, Eakins, Lipsett, Martin & Savage Joel S. Ehrenkranz Ehrenkranz & Ehrenkranz LLP Sanford B. Ehrenkranz Ehrenkranz & Ehrenkranz LLP Pamela Ehrenkranz Wachtell, Lipton, Rosen & Katz Theodore F. Ells Ells, Theodore F. John P. Engel Engel & Davis LLP Ralph M. Engel SNR Denton Lionel Etra Roberts & Holland LLP Douglas H. Evans Sullivan & Cromwell LLP Kevin J. Farrelly Farrelly, Kevin J. Ronald Fatoullah Fatoullah, Ronald, & Associates Stephen S. Feinberg Salon Marrow Dyckman Newman & Broudy LLP Raymond L. Ferrier Vanchieri & Ferrier 92 | AVENUE MAGAZINE · JANUARY 2011

Stephen L. Ferszt Wolff & Samson, A Professional Corporation Steven R. Finkelstein Finkelstein & Virga PC Daniel G. Fish Fish, Daniel G., LLC Harvey Fishbein Fishbein, Harvey, Attorney at Law Timothy P. Fisher Fisher, Timothy P., PC John C. Fisher Hamburger, Weinschenk and Fisher Herbert B. Fixler Cozen O’Connor, A Professional Corporation Warren Forsythe Forsythe, Warren Julius P. Fouts Fouts, Julius P. Glenn G. Fox Alston & Bird LLP Paul M. Frank Hodgson Russ LLP Joan Murtagh Frankel Cahill Gordon & Reindel LLP Michael I. Frankel Carter Ledyard & Milburn LLP Alan M. Franklin Franklin, Alan M., PC Duncan A. Fraser Jr. Fraser & Fraser Michele Wertheimer Fredman Wertheimer Fredman LLC Robert M. Freedman Freedman Fish & Grimaldi LLP Gary B. Freidman Greenfield Stein & Senior LLP Morton Freilicher Phillips Nizer LLP Robert W. Freiman Freiman Franco PC Hugh J. Freund Patterson Belknap Webb & Tyler LLP Robert E. Friedman Katten Muchin Rosenman LLP Louis B. Frost Davidson, Dawson & Clark LLP Susan C. Frunzi Schulte Roth & Zabel LLP Elizabeth H. W. Fry Pillsbury Winthrop Shaw Pittman LLP

Logan Fulrath Jr. Fulrath, Logan Jr. Edward D. Fusco Fusco, Edward D. Lawrence M. Gabe Jankoff & Gabe PC Michael W. Galligan Phillips Nizer LLP David A. Gallo Sweeney, Gallo, Reich & Bolz LLP Kenneth H. Gardner Gardner & Weiss LLP Howard Ira Garfinkel Lauterbach Garfinkel Damast & Hollander LLP Amie Gartenberg Kirsch Gartenberg Howard LLP Bernard Gartlir Hofheimer Gartlir & Gross LLP Mark Gasarch Gasarch, Mark, PC Joseph T. Gatti Gatti, Joseph T. Daniel F. Gaven Palmeri & Gaven Brit L. Geiger SNR Denton Judith A. Gelb Allegaert Berger & Vogel LLP Ernest H. Gelman Gelman, Ernest H. Lawrence P. Giardina Giardina, Lawrence P. Charles F. Charlie Gibbs Holland & Knight LLP Frank J. Gilbride II Gilbride, Tusa, Last & Spellane LLC Terence F. Gilheany Cadwalader, Wickersham & Taft LLP Sanford B. Glatzer Glatzer, Sanford B. Carol R. Glauberman Davidson, Dawson & Clark LLP Warren R. Gleicher Olshan Grundman Frome Rosenzweig & Wolosky LLP Frank J. Glinsky Glinsky, Frank J., PC Arthur I. Goldberg Ferrara, Turitz, Harraka & Goldberg, A Professional Corporation Israel Goldberg Goldberg, Israel, PLLC

Sanford H. Goldberg Roberts & Holland LLP David Goldfarb Goldfarb Abrandt Salzman & Kutzin LLP Robert H. Goldie Satterlee Stephens Burke & Burke LLP Roger A. Goldman Ehrenkranz & Ehrenkranz LLP Donald Goldsmith Holland & Knight LLP Paul A. Golinski Cullen and Dykman LLP E. Robert Goodkind Pryor Cashman LLP Martin R. Goodman Schlesinger Gannon & Lazetera LLP Allan D. Goodridge Schnader Harrison Segal & Lewis LLP Irving D. Goodstein Pressinger, Wigg & Goodstein Paul Gottlieb McCormick & O’Brien LLP Leonard Grau Grau, Leonard Peter G. Gray Gray, Peter G., PC David Greene Greene, David Judith Del Rey Grimaldi Grimaldi & Yeung LLP Michael D. Grohman Duane Morris LLP Charles J. Groppe Putney, Twombly, Hall & Hirson LLP Jon Grouf Duane Morris LLP Ruth M. Gursky Gursky, Ruth M. G. William Haas Morrison Cohen LLP Fred T. Haller III Haller III, Fred T. Richard E. Halperin McLaughlin & Stern LLP Alan S. Halperin Paul, Weiss, Rifkind, Wharton & Garrison LLP Donald A. Hamburg Golenbock Eiseman Assor Bell & Peskoe LLP Geoffry R. Handler McLaughlin & Stern LLP

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David G. Hardin Lindabury, McCormick, Estabrook & Cooper PC Arlene Harris Kaye Scholer LLP T. Randolph Harris McLaughlin & Stern LLP Francis J. Harvey Jr. Harvey, Francis J. Jr. Jules J. Haskel Mazur, Carp, Rubin & Schulman PC Ashton Hawkins Gersten Savage LLP Elliott D. Hefler Hefler, Elliott D. Carolyn M. Heft Heft, Carolyn M. Edward Held Held Held & Held Huyler C. Held McLaughlin & Stern LLP Abbe I. Herbst Anderson Kill & Olick PC Jonathan Herlands Gordon, Herlands, Randolph &

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Cox LLP Paul R. Herman Herrick, Feinstein LLP Richard Lafayette Herrmann Grant, Herrmann, Schwartz & Klinger LLP P. Gregory Hess Davidson, Dawson & Clark LLP Richard J. Hiller Silbert & Hiller LLP Karen Weiss Hirsch Hirsch, Karen Weiss Neil B. Hirschfeld Hirschfeld, Neil B. Linda B. Hirschson Greenberg Traurig LLP Dana W. Hiscock Patterson Belknap Webb & Tyler LLP Steven M. Hochberg Hochberg, Steven M. William P. Holm Holm & Oâ&#x20AC;&#x2122;Hara LLP William Hoppen Jillson, Bedford & Hoppen

FINANCIAL PLANNING FOR LONG-TERM ILLNESS

Robert Horan Phillips Nizer LLP Robert D. Howard Hofheimer Gartlir & Gross LLP Richard A. Hubell Hubell, Richard, Esq. Joseph L. Hutner Epstein Becker & Green PC Andrea Hyde Putney, Twombly, Hall & Hirson LLP Joseph E. Imbriaco Lindabury, McCormick, Estabrook & Cooper PC Howard Ives Ives, Howard Jane B. Jacobs Jaconbs, Jane B. W. Macy Johnson Davidson, Dawson & Clark LLP Emily F. Johnson Johnson, Emily F. R. Scott Scott Johnston Holland & Knight LLP Gerald Kadish Zegen & Fellenbaum

Milton J. Kain Katten Muchin Rosenman LLP Lawrence Kalik Herzfeld & Rubin PC Christina Kallas Kallas, Christina Albert Kalter Kalter, Albert James S. Kaplan Herzfeld & Rubin PC Paul Richard Karan Todtman, Nachamie, Spizz & Johns PC Penny B. Kassel Kassel, Penny, & Associates PC Linda F. Katz Katz, Linda Albert M. Kaufman Kaufman, Albert M. Michael E. Kavoukjian White & Case LLP Richard L. Kay Pryor Cashman LLP Glenn R. Kazlow Cole, Schotz, Meisel, Forman &

Congratulations to our Partner Lee A. Snow Named one of Avenueâ&#x20AC;&#x2122;s Legal Elite

After attorney Martin Shenkmanâ&#x20AC;&#x2122;s wife was diagnosed with MS, he discovered there was little on the subject of estate and financial planning for people living with chronic illnesses. With his knowledge of estate planning, he published several articles on the topic and, later, a book. But too few of the 120 million Americans living with chronic illnesses are getting the planning guidance they need to deal with their estate planning and their finances in light of their illnesses. He decided to launch a national charitable initiative: RV4TheCause. Traveling the country in his Airstream RV, he educates professional advisors (attorneys, accountants, insurance consultants, etc.) on ways they can better advise clients whose families are affected by chronic illnesses. He also educates planned giving and major gift officers of chronic illness organizations on how to use charitable giving techniques to raise more funds for their causes, and empowers those living with chronic illness and their loved ones to better plan their estates and finances. NAPFA, AICPA â&#x20AC;&#x201C; PFP, NAEPC and other organizations support the goals of RV4TheCause and help sponsor programs for professionals. He (indirectly) helps raise money for 3 charities (The Michael J. Fox Foundation, National Multiple Sclerosis Society and Association of Hole in the Wall Camps) and welcomes the involvement of other charities serving people living with chronic illness.

To learn more, please go to: www.RV4TheCause.org. You can also visit them on facebook at www.facebook.com/rv4thecause

Lee A. Snow heads the Trusts and Estates Department at Krass, Snow & Schmutter, P.C. Our ďŹ rm offers sophisticated legal services in the areas of estate planning, trust and estate administration, taxation, tax-exempt organizations, pension planning, deferred compensation planning, corporate and real estate law, and litigation relating to the above areas of law. We pride ourselves on offering premier legal services combined with the personal attention and cost-effectiveness that a small ďŹ rm can provide.

KRASS, SNOW & SCHMUTTER, P.C. 419 Park Avenue South, New York, NY 10016 s WWW KSSLAW NET SKRASS KSSLAW NET s LSNOW KSSLAW NET s SSCHMUTTER KSSLAW NET JANUARY 2011 Âˇ AVENUE MAGAZINE | 93

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Leonard, PA, A Professional Corporation James L. Kelley Lahr, Dillon, Manzulli, Kelley & Penett PC Ralph B. Kelley SNR Denton James F. Kelly Davidson, Dawson & Clark LLP Joan B. Kessler Pines & Kessler PC Michael T. Kiesel Kiesel, Michael T. Francis J. Kilkelly Kilkelly, Francis J. Michael H. King Hogan Lovells US LLP Allan E. Kirstein Kirstein, Allan Peter L. Klausner Pavia & Harcourt LLP Richard Klee Kalnick, Klee & Green LLP Frank H. Klein Klein, Frank H. LLC John C. Klett Jr. Klett, John C. Jr. Robert A. Klipstein Ballon Stoll Bader & Nadler PC Eugene V. Kokot Katsky Korins LLP Debra G. Kosakoff Roberts & Holland LLP James M. Kosakow McLaughlin & Stern LLP Harold L. Krainin Krainin, Harold L. Robert L. Krasnow Krasnow, Robert L. Harvey Krauss Snow Becker Krauss PC Alan D. Kroll Davis & Gilbert LLP Bernard A. Krooks Littman Krooks LLP Robert Kruger Kruger, Robert Richard D. Kuhn Kuhn and O’Toole LLP Jill Kupferberg Kupferberg, Jill Alan H. Kupferberg Moses & Singer LLP Glenn Kurlander Kurlander, Glenn Jayne M. Kurzman Davidson, Dawson & Clark LLP 94 | AVENUE MAGAZINE · JANUARY 2011

Michael S. Kutzin Goldfarb Abrandt Salzman & Kutzin LLP Christopher Lagno Seyfarth Shaw LLP Thomas C. Lambert Lambert & Shackman PLLC Paul C. Lambert McLaughlin & Stern LLP David S. Lande Lande, David S., PC Paul Landsman Landsman & Funk PC Mitchell Lapidus Propp Lapidus & Jaffe LLP J. Andrew Lark Lark, J. Andrew Ronald M. Larocca Larocca, Ronald M. Richard A. LaRosa Passarello & LaRosa, Esquires Leon A. Lauterbach Lauterbach Garfinkel Damast & Hollander LLP Stanley Lavin McElroy, Deutsch, Mulvaney & Carpenter LLP Robert C. Lawrence III Cadwalader, Wickersham & Taft LLP Janet G. Lazar Lazar, Janet G., LLC Harriet Friday Leahy U.S. Trust Co. NA Laurence Lebowitz Ballon Stoll Bader & Nadler PC James R. Ledley Kleinberg, Kaplan, Wolff & Cohen PC Stanley S. Leffler Ferber Chan Essner & Coller LLP Joseph S. Lefrak Lefrak, Joseph S. Steven D. Leipzig Cole, Schotz, Meisel, Forman & Leonard PA, A Professional Corporation Ann Berger Lesk Fried, Frank, Harris, Shriver & Jacobson LLP David S. Lester Cooperman Lester Miller LLP James B. Levin Levin, James B. Judith Levin Levin, Judith

Jeffrey S. Levin Squire, Sanders & Dempsey LLP Jerome L. Levine Loeb & Loeb LLP Seymour Levine Troutman Sanders LLP Thomas R. LeViness Pell & LeViness PC Stanley H. Levy Levy, Stanley H. Burt A. Lewis Kagan Lubic Lepper Lewis Gold & Colbert LLP Burton G. Lipsky Lipsky, Burton G. Gerald H. Litwin Litwin & Tierman PA Steven Loeb Cleary Gottlieb Steen & Hamilton LLP Richard T. Lombard Havens & Lombard Henry A. Lowet Phillips Nizer LLP Jeffrey A. Lowin Morrison Cohen LLP Barry I. Lutzky Mazur, Carp, Rubin & Schulman PC Luke D. Lynch Jr. D’Amato & Lynch LLP James J. Lynch Lynch Legal Associates LLP Dennis W. Mack Mack, Dennis W. John E. MacKenty Davidson, Dawson & Clark LLP Frederick J. Magovern Magovern & Sclafani David Malkin Malkin, David, PC Barry H. Mandel Seyfarth Shaw LLP Charles L. Mandelstam McLaughlin & Stern LLP Eve Rachel Markewich Markewich and Rosenstock LLP Robert S. Markfield Markfield & Solomon LLP Roger Marks Marks and Marks LLC Malcolm E. Martin Chadbourne & Parke LLP Joseph A. Materna Solomon Blum Heymann LLP Robert J. Mauceri Mauceri, Robert J.

Guy B. Maxfield New York University School of Law Edward G. McAnaney McAnaney, Edward G., Attorney E. Timothy McAuliffe Morris & McVeigh LLP Carlyn S. McCaffrey Weil, Gotshal & Manges LLP Kenneth F. McCallion McCallion & Associates LLP John J. Jack McDermott Holland & Knight LLP Jay H. McDowell Withers Bergman LLP/ Withers LLP James McGarry McGarry & Simon Edward M. McGowan McGowan, Edward M. Diahn W. McGrath McGrath, Diahn W. John O. McManus McManus & Associates Daniel J. McSwiggan Carter Ledyard & Milburn LLP LeRoy L. Metz II Metz Lewis Brodman Must O’Keefe LLC Richard S. Mezan Mezan, Richard S., PC Philip J. Michaels Fulbright & Jaworski LLP Lester C. Migdal Migdal, Pollack & Rosenkrantz LLP Asher H. Miller Cooperman Lester Miller LLP Robert C. Miller Davidson, Dawson & Clark LLP Jill L. Miller Miller, Jill, & Associates PC Richard J. Miller Jr. Morris & McVeigh LLP Michael Miller Miller, Michael George Minkin Carter Ledyard & Milburn LLP Thomas J. Mitchell McCanliss & Early LLP Edward D. Moldover Moldover, Edward D. Lawrence Molnar Molnar, Lawrence Charles D. Mooney McCanliss & Early LLP A. Patricia Moore Harding & Moore

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Richard W. Moore Meaders, Duckworth & Moore Thomas W. Moore III Treacy, Schaffel, Moore & Mueller Gerald H. Morganstern Hofheimer Gartlir & Gross LLP Ingrid E. Morning McCanliss & Early LLP James J. Morrissey Jr. Morrissey & Morrissey LLP Howard W. Muchnick Muchnick, Golieb and Golieb PC Arthur C. Muhlstock Muhlstock, Arthur C. Edward J. Mullen Mullen, Edward J. Elizabeth P. Munson The Rockefeller Trust Company Herbert E. Nass Nass, Herbert E. Edgar J. Nathan Wolf Haldenstein Adler Freeman & Herz LLP Leonard B. Nathanson Robinson Brog Leinwand Greene Genovese & Gluck PC Alexander Neave Putney, Twombly, Hall & Hirson LLP E. Parker Neave Putney, Twombly, Hall & Hirson LLP Gloria S. Neuwirth Davidson, Dawson & Clark LLP Lawrence Newman Newman, Lawrence William B. Norden Seyfarth Shaw LLP Edward C. Northwood The Ruchelman Law Firm John C. Novogrod Kramer Levin Naftalis & Frankel LLP M. Anne O’Connell O’Connell, M. Anne John J. O’Grady III Cadwalader, Wickersham & Taft LLP John J. O’Neil Paul, Weiss, Rifkind, Wharton & Garrison LLP Paul J. O’Neill Jr. O’Neill, Paul J. Jr. Lanny A. Oppenheim Loeb & Loeb LLP Robert D. Ouchterloney Chamberlain, Willi,

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Ouchterloney & Watson David C. Oxman Davis Polk & Wardwell LLP O. Stephen Pagnuzzi Jr. Paganuzzi, O. Stephen Jr. Kenneth R. Page Hughes Hubbard & Reed LLP Lansing R. Palmer Putney, Twombly, Hall & Hirson LLP Joann T. Palumbo Tarter Krinsky & Drogin LLP Melvin Paradise Hartman & Craven LLP William Parsons Jr. Davis Polk & Wardwell LLP Edward L. Peck Paul, Hastings, Janofsky & Walker LLP Robert M. Pennoyer Patterson Belknap Webb & Tyler LLP Andrew Perl Perl, Andrew Donald P. Perry Phillips Nizer LLP Richard Henry Pershan Sullivan & Worcester LLP Gary A. Phillips Cole, Schotz, Meisel, Forman & Leonard PA, A Professional Corporation Jerome Plotner Plotner, Jerome and Joel E. Budnetz Peter R. Porcino Cowan, Liebowitz & Latman PC Susan Porter U.S. Trust Co. NA Paul J. Powers Jr. Satterlee Stephens Burke & Burke LLP Gene M. Pranzo Pranzo, Gene M. Howard B. Presant Davidoff Malito & Hutcher LLP Morton L. Price Cowan, Liebowitz & Latman PC Theodore Propp Propp Lapidus & Jaffe LLP William J. Quintavalle Lampf, Lipkind, Prupis & Petigrow, A Professional Corporation Alan E. Rabunski Rabunski, Alan E. Peter T. Rado Ide, Haigney & Rado LLP

Constantine P. Ralli Sullivan & Worcester LLP Steven P. Raymond Raymond & Feldman John J. Reddy Jr. Reddy, John J. Jr. Seymour D. Reich Gallet Dreyer & Berkey LLP Bernard J. Reverdin Eaton & Van Winkle LLP Brad J. Richter Fried, Frank, Harris, Shriver & Jacobson LLP Jonathan J. Rikoon Debevoise & Plimpton LLP Ronnie Ringel Fiduciary Trust Company International (Trust and Estates Lawyers) Mary Beth Ritger Davidson, Dawson & Clark LLP Madeline J. Rivlin Rivlin, Madeline J. Edwin David Robertson Cadwalader, Wickersham & Taft LLP Barbara Paul Robinson Debevoise & Plimpton LLP A. Stanley Robinson Robinson Brog Leinwand Greene Genovese & Gluck PC Joel Z. Robinson Robinson, Joel Z., and Co. L. Ashley Robinson Robinson, Ashley L. Mordecai Rochlin Paul, Weiss, Rifkind, Wharton & Garrison LLP James F. Rooney Rooney, James F. William A. Roos IV Roos IV, William A. Martin Rosen SNR Denton Paul I. Rosenberg Bressler, Amery & Ross, A Professional Corporation Lawrence M. Rosenstock Markewich and Rosenstock LLP David Z. Rosensweig Duane Morris LLP Sidney D. Rosoff McLaughlin & Stern LLP James F. Ross Ross & Hill Richard S. Rothberg Cooley LLP

Gideon Rothschild Moses & Singer LLP Edward F. Rover White & Case LLP Marguerite E. Royer Moses & Singer LLP Mark David Rozen Roberts & Holland LLP Joshua S. Rubenstein Katten Muchin Rosenman LLP Seth Rubenstein Rubenstein, Seth PC Daniel S. Rubin Moses & Singer LLP Jane Gregory Rubin Rubin, Jane Gregory Stanley C. Ruchelman The Ruchelman Law Firm Sheldon Rudoff Phillips Nizer LLP William J. Russo Russo & Burke Winthrop Rutherfurd Jr. White & Case LLP Fredric M. Sanders Sanders, Fredric M. Jay J. Sangerman Sangerman, Jay J., PLLC John Sare Patterson Belknap Webb & Tyler LLP Richard A. Sarner Sarner, Richard A., LLC David W. Schaaf Becker, Glynn, Melamed & Muffly LLP Donald Schapiro Chadbourne & Parke LLP David I. Scheichet Scheichet & Davis PC Barbara J. Scheiner Duane Morris LLP Andrew J. Schiff Dahan & Nowick LLP Richard R. Schilling Jr. Burns, Kennedy, Schilling & O’Shea Edward S. Schlesinger Hofheimer Gartlir & Gross LLP Michael Schlesinger Schlesinger & Sussman Sanford J. Schlesinger Schlesinger Gannon & Lazetera LLP Catherine Grevers Schmidt Patterson Belknap Webb & Tyler LLP JANUARY 2011 · AVENUE MAGAZINE | 95

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Arthur M. Schneck Moses & Singer LLP Harvey I. Schneider Putney, Twombly, Hall & Hirson LLP Martin H. Schneider Schneider, Martin H. Joseph Schneiderman Schneiderman, Joseph Susan R. Schoenfeld Bessemer Trust Company NA (Legal Department) Alvin H. Schulman Moses & Singer LLP David E. Schwab II Cowan, Liebowitz & Latman PC Christopher C. Schwabacher Windels Marx Lane & Mittendorf LLP Robert S. Schwartz Lindabury, McCormick, Estabrook & Cooper PC Tiberio Schwartz Phillips Nizer LLP Accursio P. Sclafani Sclafani, Accursio P. Joseph P. Scorese Harwood Lloyd LLC Alan D. Seget Davidson, Dawson & Clark LLP Charles J. Seidler Jr. Davidson, Dawson & Clark LLP Frederick M. Sembler Sembler, Frederick M., PLLC Charles A. Severs III National Madison Group, Inc. Steven B. Shackman Lambert & Shackman PLLC Beverly Shackman Shackman, Beverly Melvyn L. Shaffir Shaffir, Melvyn L. Abbe G. Shapiro Fox Rothschild LLP Aleena R. Shapiro Hartman & Craven LLP Steven B. Shapiro Shapiro, Steven B., Attorney at Law Howard F. Sharfstein Schulte Roth & Zabel LLP Norman Shaw McLaughlin & Stern LLP Robert W. Sheehan Curtis, Mallet-Prevost, Colt & Mosle LLP Martin M. Shenkman Shenkman, Martin M., PC 96 | AVENUE MAGAZINE · JANUARY 2011

Robert J. Shenkman Shenkman, Robert J. Scott M. Sherman Sherman, Scott M. Barbara E. Shiers Frankfurt Kurnit Klein & Selz PC Richard A. Siegal Schiff Hardin LLP Judith E. Siegel-Baum Cozen O’Connor, A Professional Corporation Paul D. Siegfried Siegfried, Paul D. Frederick Siegmund Siegmund, Frederick Andrew P. Siff Siff, Andrew P., Attorney at Law Michael Sigall Sigall, Michael John Silberman Silberman, John, Associates PC Nina P. Silfen Windels Marx Lane & Mittendorf LLP William A. Simon McGarry & Simon Irving Singer Singer, Block, Matles & Roth Barry Singer Weinberger Singer P.C. John Peter Sipp The Sipp Law Firm Irving Sitnick Moses & Singer LLP Barry C. Skovgaard Skovgaard, Barry C. Georgiana J. Slade Milbank, Tweed, Hadley & McCloy LLP Susan B. Slater-Jansen Kurzman, Eisenberg, Corbin & Lever LLP James S. Sligar Milbank, Tweed, Hadley & McCloy LLP Barbara A. Sloan McLaughlin & Stern LLP Howard R. Slonim Slonim, Howard R., PC Seth D. Slotkin Stroock & Stroock & Lavan LLP Ralph K. Smith Jr. Snow Becker Krauss PC George B. Snell McLaughlin & Stern LLP Lee A. Snow Krass, Snow & Schmutter PC

Harold S. Sommers Forbes & Sommers Linda J. Sosnowitz Stapper & Van Doren Maurice S. Spanbock Kleinberg, Kaplan, Wolff & Cohen PC Donald M. Spanton Spanton & Dehan LLP Thomas P. Spellane Gilbride, Tusa, Last & Spellane LLC C. Michael Spero Loeb & Loeb LLP M. James Jim Spitzer Jr. Holland & Knight LLP Richard A. Sporn Sporn, Richard A. Erik J. Stapper Stapper & Van Doren Robert D. Steele Wolf Haldenstein Adler Freeman & Herz LLP Kenneth L. Stein Greenfield Stein & Senior LLP Robert E. Steinberg Steinberg, Robert E. Bruce D. Steiner Kleinberg, Kaplan, Wolff & Cohen PC Mindy H. Stern Schoeman, Updike & Kaufman LLP David M. Stern Stern Keiser Panken & Wohl LLP Marc L. Stern Sullivan & Worcester LLP Hume R. Steyer Seward & Kissel LLP John A. Stichter Stichter, John A. Herbert Stoller Curtis, Mallet-Prevost, Colt & Mosle LLP Robert Stonehill Sills Cummis & Gross PC Peter J. Strauss Epstein Becker & Green PC Harvey Stuart Rakower, Michael C., PC David E. Stutzman Seward & Kissel LLP Dean L. Surkin Surkin, Dean L. Joseph M. Sussillo Sussillo, Joseph M.

Marvin Sussman Freiman Franco PC Jay W. Swanson Milbank, Tweed, Hadley & McCloy LLP Deidre A. Sweeney McCanliss & Early LLP Robert D. Bob Taisey Holland & Knight LLP Andrew L. Tansey Davidson, Dawson & Clark LLP William Tatlock Tatlock, William Arthur J. Teichberg Teichberg, Arthur J., A Professional Corporation Frederick A. Terry Jr. Sullivan & Cromwell LLP Timothy L. Thompson McCanliss & Early LLP Bardyl R. Tirana Tirana, Bardyl R. Wm. J. Tobin Tobin, Wm. J. Charles M. Tomaselli Dickerson, Tomaselli & Mullen LLP Teri Noel Towe Ganz & Hollinger, A Professional Corporation Beth D. Tractenberg Katten Muchin Rosenman LLP Bruce E. Trauner Beldock Levine & Hoffman LLP Nancy W. Trowbridge Trowbridge, Nancy W. Jane C. W. Tse Cadwalader, Wickersham & Taft LLP Peter C. Valente Blank Rome LLP Peter F. Vallone Jr. Vallone & Vallone Peter F. Vallone Vallone & Vallone A. Reading Van Doren Jr. Stapper & Van Doren Paul E. Van Horn McLaughlin & Stern LLP Peter Van Nuys Becker, Glynn, Melamed & Muffly LLP Anthony F. Vitiello Connell Foley LLP Theodore J. Vittoria Jr. Vittoria & Purdy LLP

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PALM BEACH BILTMORE VIDEO TOUR: www.albasuite.com Jeffrey E. Wacksman Loeb, Block & Partners LLP Leonard Wacksman Loeb, Block & Partners LLP Theodore R. Wagner Carter Ledyard & Milburn LLP John F. Walsh Walsh, John F. John J. Walsh Walsh, John J. Martin J. Walzer Waltzer, Martin J. Susan M. Wanderman Wanderman, Susan M. Linda J. Wank Frankfurt Kurnit Klein & Selz PC Peter M. Ward Chadbourne & Parke LLP Rashad Wareh Kozusko Harris Vetter Wareh LLP Wayne L. Warnken Wormser, Kiely, Galef & Jacobs LLP David M. Warren Cooley LLP David T. Washburn Paul, Weiss, Rifkind, Wharton & Garrison LLP Richard A. Watson Chamberlain, Willi, Ouchterloney & Watson Ronnie D. Wax Wax, Ronnie D. Martin M. Ween Wilson Elser Moskowitz Edelman & Dicker LLP Michael J. Weinberger SNR Denton Fritz Weinschenk Hamburger, Weinschenk and Fisher Marvin W. Weinstein Weinstein, Marvin W. Peter F. Weir Weir, Peter F. Joan L. Weisberg Weisberg & Weisberg William I. Weisberg Weisberg & Weisberg Jordan S. Weitberg Bressler, Amery & Ross, A Professional Corporation Stanley S. Weithorn Roberts & Holland LLP

Jay W. Wertheimer Wertheimer Fredman LLC Bruce J. Wexler Loeb & Loeb LLP G. Warren Whitaker Day Pitney LLP Theodore S. Wickersham McLaughlin & Stern LLP Paul D. Wigg-Maxwell Feldman LLP Leslie J. Wilsher Greenfield Stein & Senior LLP Michael C. Wimpfheimer Wimpfheimer, Michael C. Ellen J. Winner Winner, Ellen J. Sheldon N. Witt Witt, Sheldon N., Counselor at Law Robert P. Wittes Warshaw Burstein Cohen Schlesinger & Kuh LLP Lori I. Wolf Cole, Schotz, Meisel, Forman & Leonard PA, A Professional Corporation Dena L. Wolf Weil, Gotshal & Manges LLP Carolyn S. Wollen Wollen, Carolyn S. Donald K. Woodman Woodman, Donald K. E. Lisk Wyckoff Jr. Wyckoff, E. Lisk Jr., LLC Eli Yeger Yeger, Eli Donald R. Young Fox Rothschild LLP William D. Zabel Schulte Roth & Zabel LLP Richard V. Zand Fuchsberg & Fuchsberg PC Stephen Zeche Rand Rosenzweig Radley & Gordon LLP Martin Zelner Cox Padmore Skolnik & Shakarchy LLP Jay H. Ziffer Ziffer, Jay H. Michael A. Zimmerman Zimmerman, Michael A. Basil P. Zirinis III Sullivan & Cromwell LLP ✦

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the world according to . . .

JONATHAN ADLER

Q&A

AVENUE’s back-page column asks New York notables our version of the questionnaire made famous by Marcel Proust

WHAT HOUSE IN PALM BEACH HAVE YOU ALWAYS COVETED?

I’ve always thought that the old C.Z. Guest estate has a certain je ne sais quoi. WHEN DID YOU FIRST START COMING TO PALM BEACH? WHAT BROUGHT YOU THERE?

Simon [Doonan] and I went to PB for a mini vacay in 2002, and Steven Stolman told us that we had to buy an apartment in his building. We are very suggestible so we just obeyed him. It didn’t hurt that the apartment had a powder room covered in turquoise snakeskin. IN PALM BEACH OR NEW YORK, WHAT IS YOUR FAVORITE WATERING HOLE FOR LUNCH? FOR DINNER?

In PB, I love to hit the Four Seasons for lunch and dinner at Chez Jean Pierre. I love sitting in the bar room, watching the fashion parade. In New York City, I go to Giorgione for lunch everyday, and I’m no stranger to carb loading at Il Cantinori. WHAT NEWSPAPER COLUMN DO YOU READ FIRST IN THE MORNING? 100 | AVENUE MAGAZINE · JANUARY 2011

The Times and Simon reads The Post, then we switch. If I don’t read them both cover to cover, I go insane. It’s a compulsion. WHO IS YOUR FAVORITE NEW YORKER, PAST OR PRESENT?

The answer to the next few questions is my bloke, Simon. He is the smartest, funniest, best person ever. But, I don’t want to bore, so I’ll list my other faves . . . Fave New Yorker: my mom! She’s hilarious and fun. I’m a proud mama’s boy.

Jonathan Adler, potter and designer

WHAT IS YOUR FAVORITE NEW YORK CLICHÉ? LEAST FAVORITE?

Favorite: New Yorkers are always on the go. Least favorite: New Yorkers are rude. We’re a polite bunch, if I do say so myself. WHAT PART OF THE NEW YORK LIFESTYLE CAN’T YOU LIVE WITHOUT?

The senseless schadenfreude that exists in our very competitive working world.

WHO IS THE SMARTEST NEW YORKER YOU KNOW?

WHAT’S THE ONE THING ABOUT NEW YORK YOU WOULD CHANGE?

My 6-year-old nephew, Harry, seems to have figured out how to live a carefree life so I think that makes him pretty smart.

There should be more open spaces with gorgeous flowers growing.

WHO IS THE FUNNIEST?

Liz Lange—she’s unimaginably naughty and irreverent and hilarious.

Seeing an old broad in a Bentley gently crash into a parked car in the Publix parking lot.

WHO IS YOU FAVORITE PALM BEACH RESIDENT?

WHAT DO YOU WANT TO BE WHEN YOU GROW UP?

I adore my design pal, Celerie Kemble, and her coterie of gorgeous gal pals.

America’s most famous potter, of course! !

WHAT IS YOUR MOST MEMORABLE PALM BEACH MOMENT?

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