Color expert Donald Kaufman lists Chelsea triplex for $2M
Donald Kaufman, known as a master architectural colorist, and his wife Taffy are listing their Chelsea triplex for $1.97 million.
Kaufman’s paintings can also be found in the Whitney Museum of Art, the Museum of Modern Art and the Hirshhorn Museum.
He also worked with famed architectural legends like the late Philip Johnson, who described him as “the rare painter who understands architecture.”
The two-bedroom, two-bathroom co-op is at 333 W. 22nd St., an elevator townhouse on a tree-lined block.
The home, which begins on the fourth floor, is filled with light and features a planted terrace with an irrigation system. A second bedroom doubles as an art studio. Kaufman first moved to New York in the 1950s, following a teaching stint in California.
He met Taffy in New York and they settled in Chelsea. He’s now semi-retired and living in a home outside the city.
The listing brokers are Marcy Grau and Ellen Cohen of Compass.
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QBE Insurance Posts HY Loss
Australia’s QBE Insurance Group (QBE.AX,QBEIF.PK) reported that its net loss after income tax attributable to ordinary equity holders of the company for the half year ended 30 June 2020 was US$712 million or 51.9 US cents per share compared to a profit of US$463 million or 34.7 US cents per share in the prior period. It included a pre-tax investment loss of US$90 million compared to a US$755 million gain in the prior period.
The latest-period results reflected a substantial reduction in investment income due to extreme market volatility, coupled with a deterioration in the reported underwriting performance due to COVID-19, adverse prior accident year development and higher than expected catastrophe claims.
Despite the loss, the company declared an interim dividend of 4 Australian cents per share, a reduction from 25 Australian cents per share for the 2019 interim dividend. The dividend will be payable on 25 September 2020.
Underwriting loss was US$524 million compared to a loss of US$24 million for the prior period.
On a constant currency basis and adjusting for disposals completed in 2019, gross written premium grew by 10% to US$8.04 billion from last year.
Gross written premium were US$8.01 billion up from US$7.64 billion in the previous year. But net earned premium was US$5.51 billion down from US$5.67 billion last year.
QBE Insurance Group announced the appointments of Tan Le and Eric Smith as Non-Executive Directors of the Group Board, effect from 1 September 2020.
Louboutin ex-exec selling $2.75M Brooklyn penthouse
As the former global head of purchasing for Christian Louboutin, Alexandra Rose has an eye for stilettos — and penthouses.
Now she has put her own stylish penthouse on the market for $2.75 million. The 1,708-square-foot home, at 440 Atlantic Ave. in Boerum Hill, features three bedrooms, two bathrooms and a private roof terrace.
The property features an open chef’s kitchen and a dining/living space, exposed steel frames, wide-plank oak-stained hardwood floors and corner bedroom master suite with views from the Statue of Liberty to the Verrazzano-Narrows Bridge.
The landscaped roof deck boasts a pergola, built-in planters and automatic irrigation.
There’s also in-wall sound including weatherproof speakers on the roof deck.
The listing brokers are Erin Boisson Aries and Nicola Bottero of Christie’s International Real Estate.
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Big tech companies collaborate to protect US election process
Big tech stocks will continue to ‘empower’ markets: Expert
Rosecliff Capital’s Mike Murphy, Payne Capital senior wealth adviser Courtney Dominguez and Money Map Press chief investment strategist Shah Gilani share their insights and tips for investing in coronavirus markets.
The major U.S. technology companies on Wednesday reiterated their commitment to helping ensure a secure election throughout the coming months.
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The group, which includes Facebook, Reddit, Google and Twitter, issued a joint statement after a meeting with government officials, during which each company shared what has been happening on its respective platform.
TRUMP ADMINISTRATION ASKS COURT TO DISMISS BIG TECH'S CHALLENGE TO SOCIAL MEDIA EXECUTIVE ORDER
“Specifically, we discussed preparations for the upcoming conventions and scenario planning related to election results,” the statement read. “We will continue to stay vigilant on these issues and meet regularly ahead of the November election.”
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The big tech partnership was formed in the wake of the 2016 election, when foreign provocateurs interfered with the process.
LinkedIn, Microsoft, Verizon Media, Pinterest and WikiMedia are also part of the group.
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Trump Adviser’s Bid To Insult Kamala Harris As ‘Marge Simpson’ Goes Totally Awry
Trump campaign senior legal adviser Jenna Ellis threw a petty insult at Kamala Harris as the senator and former Vice President Joe Biden made a debut joint appearance of their historic Democratic presidential ticket. It did not go down well for the attacking party.
“Kamala sounds like Marge Simpson,” Ellis tweeted.
Twitter commentators and “Simpsons” fans were quick to note that the fierce matriarch was the character who got things done on the show. A reliable, competent and moralistic fixture of the family, Marge Simpson was the one who was always there to clean up the mess (often left by lazy men) and act as a grounding voice amid chaos.
Marge Simpson was trending as President Donald Trump’s critics, cartoon enthusiasts and even the official “Simpsons” Twitter account put Ellis’s jibe on blast.