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‘Timing Is Everything': 6 Lessons To Take From Barbara Corcoran
‘Timing Is Everything': 6 Lessons To Take From Barbara Corcoran

Yahoo

time4 days ago

  • Business
  • Yahoo

‘Timing Is Everything': 6 Lessons To Take From Barbara Corcoran

Barbara Corocoran was not always wealthy. In fact, as she revealed in a Youtube video, she did not become a millionaire until the age of 46. It took Corcoran years to turn $1,000 into a $66 million empire, which is the most she has made due to her selling business, the Corcoran group. For You: Read Next: For Corcoran, it all came down to timing, as well as a few other factors that turned her into a millionaire. Here are top lessons from Corcoran that you can use not just in business, but in everyday scenarios, interactions and relationships. As an up and coming real estate agent, Corocoran knew when to keep her mouth shut and listen to what her clients were saying, as well as what they were not saying. If you are in business, you have to read between the lines of what buyers say they want to find out what they really desire. Discover Next: Cororan recalled that at one point in her career, she almost sold the Corcoran Group for $2 million instead of $66 million. She turned down the offer, waited two years for a price that suited her liking, then made the historic deal that crowned her one of the biggest entrepreneurs in New York City, noting that 'timing is everything.' There's smart business investments to put your money behind, however, Corcoran viewed investing in people as a better strategy to expand wealth. If you can trust people to make money with you, then you have friends and business partners who only lift you and your portfolio up higher. When it comes to entrepreneurs that Corcoran wants to financially back, she pointed out that what usually seals the deal is the person's ability to get knocked down, then get back up. This could be a trait that one learns over time, though Corcoran's gut tells her when someone with a vision is born with a thick skin. Corcoran pointed out that over the course of her career, she has lost money, but that does not keep her up at night. It all comes down to when you have money and what you do with it, which Corcoran recommends living life to fullest if you are not investing toward your financial future. In business and in life, it's important to always bet on yourself, Corcoran said. To her, this meant standing up and proving herself even when huge figures in business doubted her ability to deliver a sale or make a name for herself. 'You have to stand up for yourself,' Corcoran explained. 'The minute you have doubt, you should use it for motivation and push ahead.' More From GOBankingRates 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on 'Timing Is Everything': 6 Lessons To Take From Barbara Corcoran Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos

The New York City apartment from 'Breakfast at Tiffany's' is on the market for $15 million. It features a Tiffany-blue door.
The New York City apartment from 'Breakfast at Tiffany's' is on the market for $15 million. It features a Tiffany-blue door.

Business Insider

time5 days ago

  • Entertainment
  • Business Insider

The New York City apartment from 'Breakfast at Tiffany's' is on the market for $15 million. It features a Tiffany-blue door.

The five-story apartment building seen in "Breakfast at Tiffany's" is on sale for $15 million. The New York City brownstone served as the façade for Holly Golightly's apartment in exterior shots. It's one of the most iconic movie homes in the city and features a Tiffany-blue door. Break out those black sunglasses and pearls, because for the first time in decades, you could own a slice of New York City's cinematic history. The iconic New York brownstone that served as the façade for Holly Golightly's apartment in "Breakfast at Tiffany's" is now up for grabs after hitting the market for $15 million on May 15. Though the interior scenes of the apartment were filmed on a studio lot, the home is still regarded as one of New York City's most famous movie homes. It also features one major homage to the 1961 film: a Tiffany-blue door that overlooks a quaint, tree-lined Upper East Side street just steps away from Tiffany's flagship Fifth Avenue store. Here's a look inside the iconic home. The Upper East Side home is one of the most famous in New York City, with a price tag to match. The five-story townhouse on East 71st Street could serve as a two-family home thanks to a separate apartment on the garden level. The listing said the home was previously sold for $1.88 million in 2000 and for $5.975 million in 2012. TODAY also reported that the home was sold in 2015 for $7.4 million, making the most recent listing price double what it last sold for. The home has undergone an extensive three-year renovation and restoration project. The home, which was built in 1910, features 10-foot ceilings and original architectural details. "They say you can't buy history. At 169 East 71st, you sort of can," the Corcoran listing reads. The front sitting room features a marble gas fireplace and chandeliers. Though the home's exterior is well-known as the site of Holly Golightly's small one-bedroom New York City apartment, filming never actually took place inside the townhouse. Instead, all of the interior shots, including the famous party scene, were filmed on a studio lot in California. Still, the home is just a short walk from Tiffany's flagship New York City location at the corner of Fifth Avenue and 57th Street, meaning future owners could have breakfast there if they so desired. The actual townhouse has a layout that includes a parlor-level dining room. The historic townhouse has renovated details like white-oak herringbone floors and updated light fixtures to blend the home's original architecture with a more modern style. The kitchen features more herringbone wood flooring and a marble mosaic backsplash imported from Italy. The chef's kitchen has luxe features like Calacatta Gold marble countertops, a six-burner Wolf range stove with vented hood, a Sub-Zero fridge, and custom cabinets. It has four bedrooms across its five floors. The third floor of the townhouse has two bedrooms, both of which have en-suite bathrooms and 9-foot-tall ceilings. The primary suite occupies the entirety of the fourth floor. The primary bedroom has a gas fireplace with an antique mantel and a separate dressing area with a vanity. In "Breakfast at Tiffany's," the main character, Holly, has a bathtub in the middle of her living room. The primary bathroom of the real-life townhouse has a freestanding soaking tub made with polished nickel, a walk-in shower, and Calacatta Gold Damask-patterned marble. There's a large terrace off the primary suite. The terrace spans 247 square feet and overlooks the Upper East Side. The garden level acts as a secondary residence that future owners could rent out. The one-bedroom apartment features exposed brick walls, a den, and a full kitchen with stainless-steel appliances. One impressive feature of the home is the large fenced-in garden. In the basement level, there's a bar area with stone walls and a wine cellar with two Liebherr wine fridges. Town & Country reported that in 2021, the entire townhouse was available for rent through the rental site Inspirato. Inspirato Pass holders could rent the home for a $2,500 flat monthly fee. Inspirato Club members were required to pay a nightly fee in addition to their typical $600-a-month subscription to the luxury rental site. While the price might sound steep, the outlet reported that the rental included concierge services and a "stocked fridge." New owners will have to stock their own fridge — though for someone buying a home with a listing price of $15 million, that shouldn't be too much of a stretch.

It took investing legend Barbara Corcoran 23 years to buy her dream home. She's not making much money selling it.
It took investing legend Barbara Corcoran 23 years to buy her dream home. She's not making much money selling it.

Business Insider

time6 days ago

  • Business
  • Business Insider

It took investing legend Barbara Corcoran 23 years to buy her dream home. She's not making much money selling it.

Barbara Corcoran waited over 20 years to buy her dream penthouse in New York City. She found a buyer for the penthouse in one day — but she's not making a giant profit. On May 8, the real estate mogul and "Shark Tank" investor listed her 4,600-square-foot penthouse in Manhattan for $12 million. It went into contract on May 9. Corcoran and her husband, Bill Higgins, bought the unit in 2015 for $9.95 million and spent about $2 million on renovations. The final sale price won't be known until the deal closes, but the New York Post reported that a bidding war broke out over the home and that it is selling for above the asking price. It's unlikely Corcoran will make a sizable return on her investment, but she said she's at peace with that. "I never thought I would ever leave," Corcoran told The New York Times. "It's easy to spend money when you're building a lifelong dream. For me, real estate is emotional." In 1992, when she was working as a messenger delivering letters, Corcoran's route took her to 1158 Fifth Avenue, a co-op building overlooking Central Park on Manhattan's Upper East Side. Corcoran told the penthouse owners to give her a call if they ever decided to sell. Twenty-three years later, they did. Corcoran, now 76, and Higgins found a duplex home challenging as they aged and are moving to a single-story apartment in the same neighborhood. Take a look inside the five-bedroom duplex that Corcoran feels was a worthwhile investment, even if it doesn't end up earning her a huge profit. Barbara Corcoran purchased the Upper East Side duplex for $9.95 million in 2015. More than 20 years after she first saw it, she was financially in a position to buy it. In 2001, Corcoran sold the real estate brokerage she founded — The Corcoran Group — for $66 million. She became one of the founding hosts and investors on "Shark Tank" in 2008, and the first episode aired in 2009. She bought the penthouse in 2015. She spent about $2 million renovating the apartment. The 18-month renovation flipped the floor plan: She put the kitchen upstairs, while the bedrooms were downstairs. The penthouse has five bedrooms, five full bathrooms, and two half-bathrooms. The kitchen, which is now on the top floor, gets great sunlight. "Who wouldn't love this kitchen, right?" Corcoran said in an Instagram video. "I love it. I sit here every day and think to myself, 'How lucky am I?' Never ever did I think I would have such a pretty kitchen." The home's main attraction is just off the kitchen: the solarium turned dining room. Many rooms, including the solarium, have views of Central Park. Corcoran — who, obviously, knows a thing or two about real estate — said location is always one of the biggest factors for her when purchasing a property. "Any house I ever bought, I bought the spot, not the space," she told The New York Times. "You can control the space, but you can't control the spot." The L-shaped terrace is more than 800 square feet and overlooks Central Park's iconic reservoir.

Stanford White's 973 Fifth Ave. has sold for $46M
Stanford White's 973 Fifth Ave. has sold for $46M

New York Post

time27-05-2025

  • Business
  • New York Post

Stanford White's 973 Fifth Ave. has sold for $46M

One of the few remaining single-family mansions designed by legendary Gilded Age architect Stanford White has just found a new owner — at a steep discount from its original list price. The limestone townhouse at 973 Fifth Ave., overlooking Central Park, has sold for $46 million after years of price cuts and market stops, according to city records filed last week. The 16,000-square-foot Beaux-Arts residence — built in the early 1900s and restored with painstaking attention to detail — was most recently listed for $49.9 million. Advertisement At its peak, it sought as much as $80 million when it first came to market in 2021. 13 After years on and off the market and $30 million in price cuts, one of New York City's last remaining single-family townhouses by Gilded Age architect Stanford White has sold for $46 million. Will Ellis/DDReps for Corcoran 13 Located at 973 Fifth Ave., the mansion occupies 16,000 square feet. Will Ellis/DDReps for Corcoran Advertisement The buyer, operating under the limited liability company 'Bliss on 5th LLC,' officially closed on the property on May 21. The new owner could not immediately be further identified by press time. The seller, an entity tied to former Goldman Sachs partner David Leuschen, purchased the mansion in 2012 for $42 million. In the years since, the owner invested heavily in a full-scale renovation aimed at preserving the home's architectural integrity while integrating modern luxuries. 'Everything was fully either restored or put in brand new,' Corcoran's Andres Perea-Garzon, who co-listed the property with Carrie Chiang and Lesley Schulhof, previously told The Post. 'It's an homage to Stanford White.' 13 The six-story limestone mansion once asked $80 million and finally entered contract in February before closing May 21, per city records. Will Ellis/DDReps for Corcoran Advertisement 13 The buyer is listed as 'Bliss on 5th LLC.' Will Ellis/DDReps for Corcoran 13 The previous owner, an LLC tied to former Goldman Sachs partner David Leuschen, purchased the property for $42 million in 2012 and invested millions more into a meticulous restoration. Will Ellis/DDReps for Corcoran The six-story home is one of just two remaining townhouses in Manhattan that remain true to White's original single-family design. White — whose architectural credits include the Washington Square Arch and the Players Club — was one-third of the famed firm McKim, Mead & White. Most of his residential works have long been repurposed into institutional or commercial uses. Advertisement '973 Fifth Avenue is not just an address — it's a statement of timeless elegance and ambition,' Chiang previously said in a statement. 13 The mansion features nine woodburning fireplaces, stained-glass windows, and amenities such as a rooftop terrace, wine cellar, steam room and vaults. Will Ellis/DDReps for Corcoran 13 Built directly across from Central Park, the Beaux-Arts home is one of only two Manhattan townhouses still intact as White originally designed, making it a rare architectural survivor. Will Ellis/DDReps for Corcoran 13 While its historic craftsmanship remains, the home has modern upgrades including five kitchens, a new elevator and advanced air systems. Will Ellis/DDReps for Corcoran 'Every corner, every detail tells a story of unparalleled luxury, where history and modernity intertwine. It creates an unforgettable experience for those who are fortunate enough to call it home.' Indeed, the mansion combines Old World grandeur with 21st-century comforts. Among its period features: nine woodburning fireplaces, elaborately carved woodwork, stained-glass windows and soaring ceilings. 13 Architect Stanford White. Bettmann Archive Advertisement 13 A second level hallway. Will Ellis/DDReps for Corcoran 13 The rooftop terrace overlooks Central Park and Manhattan skyline. Will Ellis/DDReps for Corcoran Updates include five kitchens, a new elevator, a rooftop terrace with sweeping city views, a steam room finished in Venetian plaster, a silver vault and a climate-controlled wine cellar. Though much of the architectural flair has been preserved, some original details have evolved. Advertisement 'Some of the interiors may have been Stanford White,' the architect's great-grandson, architect Samuel White, previously told The Post. 'But I suspect that the owners over the years have changed the interiors around.' 13 The property features 11 bedrooms. Will Ellis/DDReps for Corcoran 13 A second bedroom. Will Ellis/DDReps for Corcoran White's legacy is not without controversy. Advertisement In 1906, the architect was fatally shot by millionaire Harry Kendall Thaw in a dramatic, high-profile murder atop the original Madison Square Garden, which White designed. The killing, motivated by Thaw's jealousy over White's relationship with the showgirl Evelyn Nesbit, remains one of New York's most sensational scandals. The sale of 973 Fifth may not have shattered records, but its historical significance and architectural pedigree still made it a coveted gem in a crowded market. As Perea-Garzon put it: 'This is unbelievably rare.'

Dublin players 'will use' Micheál Donoghue's presence on Galway sideline
Dublin players 'will use' Micheál Donoghue's presence on Galway sideline

Irish Daily Mirror

time24-05-2025

  • Sport
  • Irish Daily Mirror

Dublin players 'will use' Micheál Donoghue's presence on Galway sideline

It may not be one of the GAA's more noted rivalries, but there has been a level of enmity between the Dublin and Galway hurlers over the past decade and more. Perhaps it has cooled in more recent times as players have moved on, but Micheál Donoghue landing on the Parnell Park sideline tomorrow in charge of his own county after effectively dumping Dublin last year adds a fresh flavour of seasoning to this de facto Leinster semi-final. So, what spawned the rivalry in the first place? Bar occasional League meetings which Galway would invariably win with comfort, the counties weren't all that relevant to each other historically - until Galway moved into Leinster in 2009 at a time when Dublin were stretching their legs. Galway were essentially shifted into the province to provide more competition for Kilkenny but, at times, they couldn't even get a swing at them because of Dublin. And that didn't sit well. Niall Corcoran, an All-Ireland minor winner with Galway who later hurled with distinction for Dublin seniors having been deemed surplus to requirements in his native county, is uniquely placed to give an informed perspective. Although they had won the League in 2011, beating Galway in a Leinster semi-final that year was their first big statement in the Championship. 'I remember after that game back home in Galway, it was really a shock in Galway that Dublin, you know, who had been beaten by Antrim the year before in a Championship game, would be able to overturn Galway,' Corcoran recalls. 'So, I think that might have ignited a spark between the two sides.' The following year there was a League relegation play-off in Tullamore where Dublin eked out a draw despite suffering two red cards, though Galway won the replay well, went on to win the Leinster title and only lost the All-Ireland final after a replay. They were looking to kick on in 2013 but a resurgent Dublin trounced them in the Leinster final, the scale of the 12-point beating particularly difficult for Galway to process. In 2015, Galway turned the tables with a comprehensive replay win in Tullamore and matters boiled over later in the year when the counties met in a 'Super 11s' game in Boston. It was a nonsense concept that nobody cared too much for, but the contempt between both sides boiled over all the same as a mass brawl broke out, with suspensions and fines subsequently issued. Socially, the players didn't tend to mix well on either side of the Atlantic. Galway moved to another level under Donoghue while Dublin slowly regressed, but they still produced their best against the Tribesmen, notably eliminating them from the Championship in 2019, after which Donoghue stepped down. So, it was somewhat surprising that he emerged as Dublin manager in 2022. 'At one stage Anthony Cunningham was involved with Dublin with Pat Gilroy,' notes Corcoran. 'So, maybe that helped bridge the gap a bit in that sense. 'Galway players would have said that Micheál wouldn't have managed any other county, so in that sense, maybe a bit surprising, but I suppose at the time, having recently won an All-Ireland with Galway, from a Dublin perspective it would have been a good appointment.' Last year, as his side went about knocking Galway out of the Championship, the Dublin sideline, led by Donoghue, exploded when David Burke went in high on Fergal Whitely. Burke was sent off. 'If you put yourself in David Burke's shoes, you'd see the reaction maybe that Micheál had and David was Micheál's captain in 2017 and I suppose there was a lot of trust there, a lot of respect there,' says Corcoran. 'But you also have to look at it from Micheál's perspective where he's a Dublin manager, he wants what's best for his team and I think maybe in that moment there might have been just a reaction. 'I would say, apart from that, I don't think there was any ill-feeling there between Micheál and the likes of David Burke. I don't think Micheál would be back in Galway and I don't think David would be involved in the panel if there was. I'd say it was just a moment in time.' Dublin subsequently lost the Leinster final heavily to Kilkenny and bowed out against Cork in the All-Ireland quarter-final, after which Donoghue indicated his willingness to continue for a third year. But when a vacancy arose in Galway soon afterwards, that went out the window. Donoghue oversaw a period of significant transition in Dublin and introduced many of the players that he faces tomorrow to inter-county hurling, but the manner of his departure will have left a sour taste with them. 'I'd say there's certainly motivation there,' says Corcoran. 'There could be an undercurrent there that players want to go and prove themselves and Dublin players who want to win that game to say that, 'You should have stayed with us'. 'I know as a player you're always looking for an edge. You're always looking for something to get you going, for a point to prove and if that's something that some of those Dublin players need and Micheál's there, look, no doubt they'll use that.'

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