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Billionaire investor Bill Koch lists storied Cape Cod estate where JFK often visited for $23.85M
Billionaire investor Bill Koch lists storied Cape Cod estate where JFK often visited for $23.85M

New York Post

time6 hours ago

  • Business
  • New York Post

Billionaire investor Bill Koch lists storied Cape Cod estate where JFK often visited for $23.85M

When billionaire investor, collector and competitive sailor Bill Koch first set foot on Cape Cod in the 1970s, he did so as a guest in one of the area's most storied estates. The summer home of banking heir Paul Mellon and his wife, the renowned horticulturalist Rachel 'Bunny' Mellon, was a beacon of quiet elegance, filled with fine art and cultivated gardens — and often visited by close friends Jacqueline and John F. Kennedy. Now, over a decade after acquiring the estate from Bunny Mellon herself, Koch is ready to part with it, the Wall Street Journal first reported. 13 Billionaire businessman and America's Cup winner Bill Koch is listing the former Cape Cod estate of philanthropists Paul and Bunny Mellon for $23.85 million. Halsey Fulton 13 A foyer. Halsey Fulton The waterfront compound in Osterville, Massachusetts, a gated enclave of Oyster Harbors, is listed for $23.85 million, one of the priciest properties currently on the market in Cape Cod. 'My main Cape home is next door — it is plenty big for my friends and family now,' Koch said in an email to the Journal. 'It is time for someone else to enjoy this marvelous property.' 13 Located in the gated enclave of Oyster Harbors, the waterfront property sits on 7.5 acres. Halsey Fulton 13 The property features a 7,300-square-foot main house, guest cottages, an artist's studio, beach house, and greenhouse, all connected by garden paths with sweeping views of Nantucket Sound. Halsey Fulton The roughly 7.5-acre estate, first built in 1954, includes a 7,300-square-foot main house with eight bedrooms, along with two two-bedroom guest cottages, an artist's studio, a beach house and a greenhouse. Winding paths connect the structures across sweeping lawns, with panoramic views of Nantucket Sound. The estate also includes a private dock and more than 500 feet of waterfront. Listing agents Joanna Dresser and Kelly Crosby of LandVest of Christie's International Real Estate called the property a rare convergence of provenance and potential. 'This is a once-in-a-generation opportunity to own a legacy property with both historical provenance and limitless potential,' Dresser told The Post in a statement. 'The setting, the history, and the sheer scale of this estate are unmatched on Cape Cod.' 13 The Mellons, who built the home in 1954 and famously entertained the Kennedys there several times, filled the estate with fine art and shaped the grounds into a horticultural showcase. Halsey Fulton 13 Jackie Kennedy Onassis is seen on the property. Halsey Fulton That history runs deep. Paul Mellon, whose family established the National Gallery of Art in Washington, D.C., was known for his deep appreciation of fine art and thoroughbred horses. His wife, Bunny, became one of the most influential landscape designers of the 20th century, best known for designing the White House Rose Garden. She brought that sensibility to the Cape, shaping the grounds with native plantings, fruit orchards and formal gardens. In lieu of natural dunes, the Mellons famously imported 2,000 tons of sand to construct a 20-foot-high barrier between the house and the sea — a privacy measure that raised eyebrows in the press. 'The newspapers had a field day describing the Mellons' extravagance,' according to the biography 'Bunny Mellon: The Life of an American Style Legend.' 13 Bill Koch, who bought the estate in 2013 and owns the adjacent parcel as his main Cape residence, said he's selling because it's time for someone else to enjoy the property. AP The couple filled the house with fine art, often relocating masterpieces from their primary residence in Virginia each summer. 'He had some of the world's greatest masterpieces,' Koch recalled. 'I always wanted a Van Gogh, and he knew it, and would always — with just a touch of smugness—steer me into the room where it hung.' Koch, now 85, purchased the estate for $19.5 million in 2013. A year later, he acquired an adjacent 10-acre property from the du Pont family and made that his primary Cape residence. He's since used the Mellon home as overflow for family and guests, and at times rented it out for $25,000 a week. 13 'I wanted to maintain the house as I remembered it,' Koch said, preserving Bunny Mellon's design and legacy. Halsey Fulton 13 Originally built in 1954 and landscaped by Bunny Mellon—who famously designed the White House Rose Garden—the estate features a manmade dune, flower gardens, and vestiges of Bunny's signature style. Halsey Fulton 'The main house remains largely as it was when the Mellons built it,' Koch told the Journal. 'I wanted to maintain the house as I remembered it. Bunny Mellon's designs and style still permeate the property.' Indeed, many of Bunny Mellon's touches remain intact — from baskets she hand-selected to the original layout of the gardens. The beach house near the shoreline has been left largely untouched since the days when the Kennedys would visit. 'It is important to me to preserve the home the way I remembered it when I used to visit Paul and Bunny, and maintain their influence and style over the estate,' Koch said in a separate statement to The Post. The listing comes as Koch continues to scale back his Cape holdings. 13 One of eight bedrooms on the main property. Halsey Fulton 13 One of many entrances to the main property. Halsey Fulton In addition to this sale, he's asking $10.5 million for a nearby 1.75-acre parcel with a 3,700-square-foot house and dock, and last year listed another portion of the former Mellon estate for $16 million. Koch's real estate footprint extends far beyond the Cape. He owns a Palm Beach compound, a ranch in Paonia, Colo., complete with a faux Western town, and a sprawling estate near Aspen that is currently listed for $125 million. In tandem with these property sales, Koch is offloading part of his renowned wine collection. Earlier this month, Christie's hosted a three-day sale of nearly 8,000 bottles from his cellar. The event, titled The Cellar of William I. Koch: The Great American Collector, brought in $28.8 million, setting a North American record for a single-owner wine collection. Despite broader market uncertainty, Koch's listing still has a shot at drawing interest from buyers seeking heritage with privacy. 13 The outdoor lounge area and relaxation spaces. Halsey Fulton 13 An aerial view of the property. Halsey Fulton 'Great properties still sell quickly,' Zenas Crocker of LandVest, who is also marketing the listing, told the Journal. 'Others may take a while or need price adjustments.' He noted that the Northeast's unusually rainy spring has slowed buyer momentum. 'It's not like, 'It's May 15, let's go to the Cape,'' he said. 'It's 42 degrees and raining sideways.' Still, the property remains a standout for those who value pedigree, privacy and provenance. As Koch told The Journal, 'He [Paul Mellon] taught me how to live with fine art in a wonderful, intimate way. My neighbors up here can thank him for their views of the Botero bronzes on my lawn.'

Shamed ex-WWE chief Vince McMahon in bid to buy Conor McGregor-owned company
Shamed ex-WWE chief Vince McMahon in bid to buy Conor McGregor-owned company

Sunday World

time12 hours ago

  • Sport
  • Sunday World

Shamed ex-WWE chief Vince McMahon in bid to buy Conor McGregor-owned company

Founded in 2018, the bareknuckle boxing organisation is part-owned by McGregor who now frequently appears at BKFC events Former WWE boss Vince McMahon, who had faced allegations of sexual abuse, attempted to return to sports promotion by trying to purchase a company part-owned by Conor McGregor. McMahon had turned WWE from a family business into a global brand before he quit after he was accused of paying millions to former employees to silence claims of sexual misconduct. It was, as TalkSPORT reports, a spectacular fall from grace for the man who transformed the wrestling industry into a billion-dollar juggernaut. Now, however, it has been reported how McMahon made a quiet bid to re-enter the sporting promotion arena though the acquisition of a controlling interest in Bare Knuckle Fighting Championship (BKFC). Founded in 2018, the bareknuckle boxing organisation is part-owned by Conor McGregor who now frequently appears at BKFC events. According to a report by Sports Illustrated, although McMahon's offer was ultimately unsuccessful, David Feldman, BKFC's founder and president, confirmed he 'was very serious to do business.' Vince McMahon and Conor McGregor News in 90 Seconds - June 19th It was first reported by the Wall Street Journal in 2022 that McMahon had paid more than $12 million to four women formerly employed by WWE over 16 years. One former WWE wrestler claimed McMahon had coerced her into performing oral sex, and when she declined subsequent sexual advances she was demoted and her contract not renewed. A separate Journal report claimed that WWE's board was looking into claims he had made a $3 million settlement to a former staffer with whom he allegedly had an affair. At the time, McMahon pledged he would cooperate with the investigation and 'accept the findings and outcome of the investigation, whatever they are.' In January 2023, the Journal reported McMahon had agreed a multimillion-dollar settlement with the first woman to referee the World Wrestling Federation — which became WWE in 2002 — after she accused him of rape in a letter. Conor McGregor According to an attorney for McMahon, he 'denies and always has denied' the sexual assault, and that he had 'settled the case solely to avoid the cost of litigation'. Another ex-WWE employee who had worked at the company's headquarters sued McMahon in January of last year, accusing him of sexual assault, trafficking, and physical abuse. A spokesperson for McMahon at the time described the lawsuit as 'replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth.' McMahon resigned from his dual WWE roles in 2022, but returned in January 2023 as executive chairman of the board. The company became TKO after WWE's merger with rival network UFC in September of that year. In January of last year, in the wake of the sexual misconduct allegations, which McMahon denied, he resigned his executive chairman and board director roles at TKO. A federal judge ruled in June 2024 that the government had established 'probable cause to believe' that McMahon and one of his former lawyers had broken the law when they 'circumvented (the company's) internal controls and created false books and records.' In October, McMahon and his wife Linda, President Trump's choice for Education Secretary, denied allegations they allowed a former ringside announcer to use his position to sexually exploit children as young as 12 starting in the 1980s, after they were sued by five former WWE 'Ring Boys'. However, the New York Post reported on Wednesday that federal prosecutors have ended their criminal investigation into whether McMahon tried to cover up allegations of sexual misconduct with multiple former employees. McMahon's attorney Robert W Allen said in a statement: 'We have been in consistent communication with the government … and understand, with no ambiguity, that the investigation has definitively concluded and will not result in charges.' The Bare Knuckle Fighting Championship, known as the BKFC, was founded by Feldman in April 2018, with McGregor becoming a part-owner in April 2024. At the time, Feldman said: 'I think it's just going to move the needle tremendously. We're going to do a lot of big things, we're going to open up a lot of new markets. 'Look, we're partners with Conor McGregor. Everybody in the combat sports world, everybody in the world, knows who that guy is.' The promotion features several ex-UFC fighters, with Mike Perry, Eddie Alvarez and Luke Rockhold all having featured in past events.

Business Insider names Kim Last Editorial Director of BI Live
Business Insider names Kim Last Editorial Director of BI Live

Business Insider

timea day ago

  • Business
  • Business Insider

Business Insider names Kim Last Editorial Director of BI Live

Business Insider welcomes Kim Last as Editorial Director of BI Live, the new events business that translates its award-winning journalism to global audiences through interactive event formats. In this role, Last will develop and curate a slate of events that bring Business Insider's unique editorial voice to life. The move is part of Business Insider's commitment to engage its audience by translating content into experiences that spark dialogue and drive value for decision makers. BI Live will focus on in-person, interactive events that showcase the best of Business Insider's reporting across core coverage in business, technology, and innovation. Last will co-lead the initiative alongside Priscilla Ellington, Vice President of BI Live. Last joins Business Insider from The Wall Street Journal, where she most recently served as Head of Live Journalism and Special Content. At the Journal, Last expanded the Future of Everything event franchise and played a pivotal role in driving the publication's live journalism efforts globally. Prior to the Journal, she held critical roles in conference development at Vox Media, including Recode, and at Fast Company, she launched the inaugural Fast Company Innovation Festival. "Kim is an innovative and inspiring journalist, colleague, and leader. We are so fortunate that she will help Business Insider build this critical new format for our journalism. Her vision and deep editorial expertise will drive the exciting future of BI Live," said Business Insider Editor in Chief Jamie Heller. "I'm incredibly excited to join Business Insider's new live events business. There's tremendous opportunity to not only build distinctive event franchises that engage and grow BI's audience across the business, tech, and innovation verticals, but also the chance to create live journalism that goes well beyond the spaces where we convene. I'm especially looking forward to working in the newsroom to help develop BI's journalists into dynamic, insightful live interviewers who can bring their expertise to life on stage," said Last.

Israel running low on missile interceptors
Israel running low on missile interceptors

The Hill

timea day ago

  • Politics
  • The Hill

Israel running low on missile interceptors

Israel is running low on its supply of Arrow interceptors as Iran has increased its fire toward the country with two hypersonic missile barrages on Tuesday night. The shortage, reported by The Wall Street Journal, raises concern about Israel's ability to defend itself from such long-range missiles from Tehran should the conflict stretch on. Citing a senior U.S. official, the report said Washington for months has been aware of the interceptor shortfall and has been supplementing Israel with the American-made THAAD missile defense system as well as warships that can shoot down incoming armaments. The Pentagon has also sent more missile defense assets into the Middle East since Israel began its largest ever conflict with Iran last week, causing worries about the U.S. too quickly using up its own interceptors, according to the Journal. The issue comes as Iran late Tuesday announced that it fired Fattah-1 hypersonic missiles at Israel. The missiles travel at more than five times the speed of sound, creating a significant challenge for Israel's missile defense systems. Israel's Arrow system, jointly developed by the country and the U.S., is meant to intercept such long-range missile threats. But a shortage of Arrrow interceptors in the nearly week-long conflict could mean major population centers such as Jerusalem, Tel Aviv, and Haifa are left more vulnerable. The issue also raises the prospect of the U.S. joining the increasingly volatile conflict between Israel and Iran, with President Trump weighing direct American involvement in the Middle East war. Trump has not yet committed to such a scenario, but has reiterated his support for Israel while signaling growing impatience with Tehran. Washington also has sent the USS Nimitz carrier strike group to the region as well as more than 30 military refueling tankers to the nearby European theater. Trump on Tuesday huddled with his National Security Council to review possible options to respond to Iran.

Why 2025 Will Be the Year to Start Your Apple Journal
Why 2025 Will Be the Year to Start Your Apple Journal

Yahoo

time2 days ago

  • Yahoo

Why 2025 Will Be the Year to Start Your Apple Journal

Apple's Journal app is a great way to write out your thoughts or reflect on your day while also allowing you to add photos, voice memos, locations, fitness workouts, and mental well-being components to your entries. However, the app has only been available on iOS until now. With iPadOS 26 and macOS Tahoe, that's no longer the case as Apple is bringing Journal to the Mac and iPad too. Because of this, I'll be more inclined to use Apple's Journal app in 2025 since I can add entries from the devices I actually write on (and you should too). The Journal app was first introduced during WWDC 2023, when iOS 17 was first unveiled, and was released later that fall with iOS 17.2. It provided users with an app that allowed them to express their thoughts in a more detailed way than just using the Notes app. With the Journal app, you can give your entry a title and then start writing underneath it with no limit. But while this first starts to sound similar to writing in the Notes app, it's what you can add in that takes the app to the next level. When writing your journal entry, you can tap into different apps to add data from them that happened throughout your day. For example, your iPhone knows what music you've been listening to, so you can add that in. Alternatively, if you took any photos that day, those can be included as well. You can mix and match different elements from different apps, so it doesn't need to only center around one. If you don't feel like writing, you can also insert an audio recording and talk about your day instead of typing it. This works similarly to how you record voice notes in the Voice Memos app. Being able to access additional information from external apps can also help you brainstorm different topics to write about. For example, you can log your mood right inside the Journal app, and then you can write an entry about why you feel that way. While this app can help you upgrade your journal entries, it is only available on devices running iOS, meaning it is not compatible with iPadOS or macOS. Personally, since the iPad usually receives features after the iPhone does—like when lock screen customization was introduced on the iPad a year after it was introduced on the iPhone—I thought the iPad would get it in the following major release, but I was wrong. But the wait is nearly over. With iPadOS 26 and macOS Tahoe, the Journal app is finally coming to the iPad and Mac, allowing those who prefer typing on those devices instead of the iPhone to join in on the fun. With iPadOS 26 and macOS Tahoe—also known as macOS 26—the Journal app is finally coming to those devices. I think it's taken a little too long for it to come over, but late is better than never. It makes more sense for the Journal app to be on the iPad and Mac, as that is where people write more, rather than on their iPhones. Typing on the iPhone is good, but if you want to write a long journal entry, your thumbs may get tired or sore very quickly. Typing on your iPhone might also not be ideal, depending on your screen size. A larger display—like on the iPad or Mac—is more comfortable to read on, and the physical keyboard on the Mac, along with the larger keyboard on the iPad, makes typing easier. Now, Apple is not just taking the Journal app and slapping it into these operating systems; they are fine-tuning it to work with what you can do on those devices. For example, on the iPad, if you have an Apple Pencil, you can draw and sketch within your journal entry. Yet, while new features are being added, the same old ones that have been there from the start will still be available on these new platforms. This includes being able to import information from external apps into your entries. Additionally, with the larger displays, you'll be able to see more while typing and when viewing all of your journals—a new feature coming to the Journal app on all devices. This feature enables you to organize various entries into separate journals, categorized by specific topics, and sync them across all your devices. As the Journal app becomes available on the iPad and Mac, creating and maintaining a journal becomes more accessible thanks to the ability to type more comfortably and naturally. The iPhone is great for jotting down short entries, but if you're looking to write longer ones, you're probably going to prefer doing it on a Mac or iPad with a larger or physical keyboard. Although the app is coming to the iPad and Mac, it is not yet available and will arrive in the fall with the final releases of iPadOS 26 and macOS Tahoe. However, there are still ways to use the Journal app on those devices, but it will require an extra step or two. If you're looking to type on your Mac, you can use the iPhone Mirroring feature—as long as both your Mac and iPhone support it—and type within the app that way. You can open the Journal app through the mirrored iPhone on your Mac's screen, then control it and type your entry using your Mac's keyboard, just as if you were typing on the iPhone's keyboard. If you're looking to type using an iPad, there is, unfortunately, no way to mirror your iPhone to that display. However, what I used to do is type my journal entry in the Notes app, have it sync over to my iPhone, and then copy and paste it into the Journal app. From there, I would add all the extra details—such as external app information—to complete the entry. I would often do this when writing about my daily workout reflections. Now, if these tips don't apply to you, don't appeal to you, or you simply don't have a Mac or iPad but want a better way to type on your iPhone, try connecting an external keyboard. Any keyboard that connects via Bluetooth should work with your iPhone or iPad, so it's an option worth considering. This assumes you're interested in typing on an external keyboard instead of your iPhone's screen—something many users might not think to do. Still, the option is available and possible. Whether you follow one of these tips or wait for the final releases of either operating system, there will soon be a way to type your journal entries from your other Apple devices—and it's just on the horizon. The Journal app is an excellent tool for expressing your thoughts and documenting your ideas, feelings, and daily life—especially with the help of external app data and various features. However, it always felt limited to the device least suited for typing longer entries. With the arrival of these new software versions, many people may finally reconsider using the app and enjoy a more seamless experience. Journaling is a healthy habit, and being able to do it from more devices—with your entries syncing between them—will help many users finally begin their journaling journey.

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