Greenwich news stories on Newser

Leona's Mansion Makes History: Price Drops $50M

Harry Kimball — Tue, 21 Apr 2009 16:27:27 CDT

The asking price for the late real estate magnate-cum-jailbird Leona Helmsley’s Connecticut mansion has been slashed by $50 million, the Wall Street Journal reports. The 40-acre Greenwich property is now offered for $75 million, down from $125 million. Insiders think it could be the largest cut ever for a house...

Wolfe: Stars Went to Hedge Funds Long Ago

Katherine Thompson — Sun, 28 Sep 2008 13:35:01 CDT

Tom Wolfe has been fielding a lot of questions about where the Wall Street crisis leaves the Masters of the Universe now, writes the author of the seminal book about the excesses of 1980s traders in the New York Times . But, he notes, the real investment banking superstars left for...

Rich Grouse as FAA Moves to Reroute Jets

Dustin Lushing — Tue, 12 Aug 2008 15:38:32 CDT

Wealthy Northeasterners are fighting FAA plans to decongest air traffic by rerouting jets, sending them over many upscale suburbs, reports USA Today . The FAA says it can cut delays by 20% and save airlines $285 million by fixing routes around New York and Philadelphia, but the rich and politically connected...

Blaze Ravages London Clipper

Dustin Lushing — Mon, 21 May 2007 09:13:00 CDT

A fire ripped through London's historic Cutty Sark early this morning, nearly destroying the 138-year-old tea clipper. But an ongoing £25 million restoration saved the ship, which has drawn 15 million tourists to its south-east London dock since it opened in 1957. Much of its structural foundation, including its original...