| Sat Apr 12 2008 |
A NEW APPARTMENT FOR STING |
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Sting CDs at eBay USA | eBay UK | eBay DE
NY daily News reports that Sting paid $26,5 million for a condominium at 15 Central Park West.
Sting closed on the apartment March 11, according to a deed posted Friday on the city Department of Finance Web site. The newly built 43-story neoclassical building by architect Robert A.M. Stern features herringbone floors, Vermont marble countertops, six-burner Thermador ranges and heated bathroom floors. Penthouses have sold for more than $6.000 a square foot. Sting's neighbors in the building include former Citigroup Inc. Chairman Sanford Weill, who paid more than $42 million for his apartment, and Goldman Sachs Group Inc. Chairman Lloyd Blankfein.
The deed filed for Sting's unit was under his given name, Gordon Sumner.
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Posted on Apr 12, 08 | 5:59 pm
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Of course Stings take for The Police Reunion Tour should be about 60-70 million alone. He could buy something else too like a new Lute. I wonder what his album sales are up to now because of this tour.
Posted by:
Franny49 on Apr 12, 08 | 6:29 pm
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thanks for the high tour prices, have fun in your new appartement.
Posted by:
carlos on Apr 14, 08 | 9:21 am
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And a-haaaall would envy... the older man, and his beautiful new penthouse!
Posted by:
Marc on Apr 14, 08 | 6:28 pm
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Now this is obscene.
Posted by: Mondmann on Apr 21, 08 | 6:00 pm
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why is it obscene? why is it not obscene if those same apartments are bought by financiers, bankers, business men and so on that work on world money disparity? They make money with money, with least care for the little people that gave them that money. At least Sting made money with his talent and none got ruined because he sometimes failed a record or a concert. Your mortgage doesn't depend from his next album selling. So I don't understand why we must judge obscene that he bought such an apartment and not that the same ones were bought by financiers.
If we talk about apartment price... well yes, it's obcene. But I find more terrible that a one-roomed flat in Campi Bisenzio (were I live) can cost 500 € of monthly rent (plus expenditures for energy and so on). If people with money want to spend it, why not? Tragedy is that today they ask common people horrible price to simply have a roof on their head and a piece of bread in their mouth. Now, this is obscene.
Posted by: micra on Apr 26, 08 | 2:38 pm
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Well said Micra. The main problem about the super rich getting even more is rather that at the same time, the "normal" people have to live with less and less, although life becomes ever more expensive.
Also, its an amusing thought to imagine Sting standing in front of the concert hall, selling the tickets for his show and storing all of the money in his own little purse.
Just reduce ticket prices by some of these obscure ticket agency fees, taxes, etc, and what remains are maybe about 50 percent of where you started from. Then the tour management still has to pay the entire crew plus transport of team and equipment all over the world...
My vague theory is that, in spite of what I just mentioned above, even if Sting had planned to spend "only" 13 million on a new apartment, he would not have "asked" half the price for his concert tickets.
No doubt that Sting still made a hell of a lot of money with this world tour, but if some people seriously think the prices for tickets, cds, dvds of Sting & Police were too high - nobody forces you to pay them. The fact that you do and afterwards complain about them, might only show that you are short of money. Same counts for me, most of the time!
Id be happy if concert tickets or cds grew on trees, sadly they dont.
Have you ever sold one of your items on ebay, and when someone bid 50 $ you wrote them a message saying "its okay, I only need 25 for it"?
So why should Sting do that kind of thing? Hes already funding so much money to save our rainforest every year, and is involved in numerous other charity projects, so hes probably used his popularity to do a lot more for this world than most of us together.
Its not necessary to mention that all of us would like to have such a nice apartment in NYC, or at least the money to buy it, but Sting didnt steal it from anyone, he achieved it by building up his career, making good use of his talent. People spent it because they wanted to listen to his music. And hes on the radio for free, so whatever people purchased from him must have been worth the price.
For me, the really obscene and perverted fact is that Sting will now be neighbors with management chiefs who got "rewarded" a couple million dollars after ruining their company, just so they would leave, and then bought this new apartment with the money. Sting didnt ruin anyone with his work. As long as people agree to pay, he deserves all of what he earns.
Posted by:
Marc on Apr 26, 08 | 4:54 pm
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amen marc
Posted by:
carlos on Apr 28, 08 | 1:58 pm
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