Monday, 18 Jan 2021

Trump announces pardon of former National Security Advisor Michael Flynn

TikTok Granted One-Week Extension of Forced-Sale Deadline

The Trump administration has given the owner of TikTok another week to resolve national security concerns before it’s required to sell the viral video-sharing app.

ByteDance Ltd. gave notice of the extension in a court filing Wednesday. The new deadline, which had previously been extended by 15 days, is Dec. 4.

Hamptons home of legendary editor Alice Mayhew asks $2.8M

The Sag Harbor compound of the legendary editor Alice Mayhew is now in contract.

It was last asking $4.19 million.

The estate features a main, Greek Revival home at 27 John Street, which was listed for $2.89 million.

That home, built in 1840, comes with four bedrooms, 2½ bathrooms — and features the original staircase, front and rear parlors with a fireplace, a formal dining room and a large country kitchen with an adjoining sunroom. The home sits on a third of an acre, with room for a pool. There’s also an adjacent cottage, at 8 W. Henry Street, asking $1.3 million.

Built in the 1960s, the 768-square-foot cottage features two bedrooms, a bathroom, a living room and a kitchen — with room to expand on an additional fifth of an acre.

Mayhew was a vice president and editorial director of Simon & Schuster, where she edited books that became part of the fabric of American life, from Bob Woodward and Carl Bernstein’s “All the President’s Men” to Ruth Bader Ginsberg’s “My Own Words.”

Woodward’s latest book, “Rage” — in which he writes that President Trump knew that coronavirus was “deadly” and worse than the flu and intentionally misled Americans — is dedicated to Mayhew. The listing broker is Douglas Elliman’s Gioia DiPaolo.

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‘RHOC’s’ Kelly Dodd sells NYC apartment with romantic past

This is the Kips Bay apartment where Bravo’s “Real Housewives of Orange County” star Kelly Dodd, 45, got engaged to her now-husband, Fox News senior correspondent Richard Leventhal, 60, after a whirlwind courtship.

The home at 251 E. 32nd St., was asking $899,000 in 2018 and last asking $778,000 before selling for $750,000, according to property records.

Leventhal bought the charming three-room bachelor pad in 2015 for $650,000. He now lives in California with Dodd. The couple met before the pandemic, in the summer of 2019 at a party in the Hamptons, where they were introduced by fellow “RHONY” star — and budding real estate broker — Ramona Singer.

Leventhal and Dodd married a few weeks ago at an “intimate” ceremony in Santa Rosa, Calif., where guests wore custom masks. The one-bedroom, one-bathroom co-op, which comes with a $2,084 monthly maintenance fee, is on the 19th floor of a 20-story postwar building. It has plenty of private outdoor space — a 253-square-foot terrace with city and river views.

The entire apartment was renovated to look perfect on TV and Instagram. Leventhal, ever a romantic, covered it in flowers and popped champagne when he asked for Dodd’s hand in marriage, according to People.

The open kitchen may be tiny, but it is fierce, with a two-seater counter and stainless-steel appliances. The apartment was listed with Warburg Realty’s Gill Chowdhury and Zach Gutierrez, who declined comment.

The buyer is Feiran Hao, according to property records.

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Hamptons estate of celebrity fashion designer Arnold Scaasi asks $10.7M

Fashion designer Arnold Scaasi’s former Hamptons home is on the market for $10.74 million.

The legendary designer, who passed in 2015, is best known for dressing Jackie Kennedy — and refusing to give her frocks for free.

Scaasi, the Montreal-born son of a furrier, also created gowns for Mamie Eisenhower, Barbara Bush, Hillary Clinton and Laura Bush — along with Joan Crawford, Lauren Bacall, Elizabeth Taylor, Brooke Astor and Barbra Streisand, whom he dressed in a still-scandalous outfit for the 1969 Oscars, where she won for “Funny Girl.”

“Designers have to trick American women into being stylish,” said Scaasi, whose real last name was Isaacs, which is Scaasi spelled backward.

The three-story, shingled, traditional home at 27 Old Point Road in Quogue Village, was built in 1920.

With 4,586 square feet, it features seven bedrooms and 6½ baths and has been completely renovated.

The property, which sits on 1.7 acres, comes with a pool, a studio and water views from Shinnecock Bay and Phillips Creek to Dune Road and the ocean.

The listing broker is Douglas Elliman’s Enzo Morabito.

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JSW Cement postpones listing to December ’22

MD cites slowdown, COVID-19

JSW Cement has again pushed back its plans for an initial public offering (IPO) by two years to around December 2022 due to slowdown and COVID-19 disruptions, a top company official said on Wednesday.

The company has already drawn an ambitious plan to expand its combined cement capacity to 25 million tonne by 2023 from 14 million tonne at a capex of ₹3,600 crore.

“In 2019, the sector had de-growth, in 2020. COVID hit us. Now, December 2022 is a logical timeline for us for the IPO,” JSW Cement MD Parth Jindal said at a virtual briefing to announce the expansion of Shiva Cement, in Odisha.

Shiva Cement Ltd, 59% owned by JSW Cement Ltd., will invest more than ₹1,500 crore in a 1.36 million-tonne clinker unit in Sundergarh district of the State.

(With inputs from Lalatendu Mishra)

Trump announces pardon of former National Security Advisor Michael Flynn

President Trump on Wednesday tweeted that he had granted a pardon to his former national security advisor, Gen. Michael Flynn.

This is a developing story. 

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