LA’s latest real estate developer bidder in Mets sales

Published

3 years ago

July 3, 2020

LA's latest real estate developer bidder in Mets sales

New bidders have appeared for the New York Mets which are sold very much.

Kurt Rappaport, a 49-year-old Los Angeles realtor who turned into a real estate developer, led a group hoping to buy a losing Amazon.

Sources close to Rappaport confirmed to The Post that his group was in direct contact with the Mets, Allen & Co. bankers. Many people who know of the offer say that Rappaport, who won the humanitarian award Dave Winfield at a Major League Baseball event in 2018, is a baseball fan with a heavy hitter connection and can make a big enough bid.

Rappaport made his fortune as a Hollywood broker for the stars, cutting deals for Malibu and Beverly Hills mansions on behalf of celebrities such as Ellen DeGeneres and Ryan Seacrest. In 2008, Rappaport sold his Beverly Hills pad to Tom Cruise and Katie Holmes for $ 32.5 million. His net worth is estimated at around $ 350 million.

Rappaport’s bid brings the total active bidders confirmed by The Post to four, along with private equity billionaire Josh Harris and David Blitzer, celebrity power pair Jennifer Lopez and Alex Rodriguez and British billionaire brothers Simon and David Reuben.

According to some reports, Wilpons claims to have six bidders, a claim that is increasingly questioned by people in the bidding process, which also shows that Wilpons is an increasingly motivated seller and has confirmed that they need an agreement made by the end of 2020.

“If there are six active groups, I want to know who among them,” said one insider. “Maybe I miscalculated, but it looks like we’re lacking a little.”

One person who is not actively bid on the team at the moment is Steve Cohen.

Sources close to the billionaire hedge fund confirmed to The Post that Cohen, who saw his own purchase of $ 2.6 billion falling at the last minute in February, did not plan to bid in the coming days and that Allen & Co. has convinced several bidders today that Cohen was not involved in the process.

That said, Cohen was still said to be watching over the situation with interest, both as a minority owner of 8 percent of the team and as someone who put love for the Mets and hostility towards Wilpons after their agreement turned into a disaster.

It is not impossible Cohen offered an offer, if Wilpons failed to get the asking price.

“Steve Cohen still wants the Mets,” said one source. “And he usually gets what he wants.”

Insiders told The Post that, despite reports, Wilpons could not have seen an offer of $ 2 billion or more.

As The Post reported, Harris and Blitzer held fast to their $ 1.4 billion offer, and sources familiar with Rappaport’s offer were skeptical that he appreciated a team that lost $ 2 billion, especially considering what COVID would do -19 and after that. for a pro sports financial picture. Reubens reportedly sees Mets as a real estate investment with an asset-toxic baseball team attached.

Reports that Rodriguez and Lopez’s group were prepared to meet a $ 2 billion valuation also met with some doubts from insiders.

“If they bid $ 2 billion, they win,” said a banker. “I would be surprised if anyone offered $ 2 billion.”

Goodwin Townsend

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Portuguese historical films will premiere on 29 December.

Published

5 months ago

December 20, 2022

Herb Adkins

Portuguese historical films will premiere on 29 December.

Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.

A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.

“There are tickets Ptix.bm For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.

Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.

“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.

“Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.

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Herb Adkins

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CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’

Published

5 months ago

December 20, 2022

Herb Adkins

CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS 'There will be room'

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Herb Adkins

Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.

Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Published

5 months ago

December 19, 2022

Herb Adkins

Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.

According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”

In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.

The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.

In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.

From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.

Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.

“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.

“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.

Herb Adkins

Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.