David Geffen

[‘Why don’t you manage me’ – Laura Nyro] Eventually I thought do I really believe that she could be one of the biggest stars in the world? Should I give up my career at this point in my life, where I’m doing so well, and put all my marbles in Laura’s [Nyro] basket? And I woke up one morning and I thought if you really believe it – go for it.

Did I have a problem with lying to get the job? None whatsoever.

It’s terribly unfair that we should have to suffer like this.

Some people have a greater ability to imagine than others.

I’m going to go down and take care of the bill. I’m not going to embarrass you, just let me do it. I had such a great time, I just want it to be my treat. [On returning after several minutes red faced] They won’t take my check, I don’t know what we’re going to do. [Robertson said ‘David, what we’ve spent here, we’re going to have to do a lot of dishes.’] I’m going to call Prince Rupert [Loewenstein] and ask him to call the hotel and tell them I’m good for it. Or maybe he can pay the bill and then I’ll pay him back or something. [Prince Rupert vouched for his credit and the hotel agreed to accept Geffen’s check.]

Starting a new studio was a thrilling challenge, but it was more stressful than fun. I never took a salary, a bonus or expenses. I learned never to do anything you’re not passionate about.

Put it up for sale at an asking price of $25 million. I first looked at Mar-a-Lago while vacationing in Palm Beach in 1982. Almost immediately I put in a bid of $15 million, and it was promptly rejected. Over the next few years, the foundation signed contracts with several other buyers at higher prices than I’d offered, only to have them fall through before closing. Each time that happened, I put in another bid, but always at a lower sum than before. Finally, in late 1985, I put in a cash offer of $5 million, plus another $3 million for the furnishings in the house. Apparently, the foundation was tired of broken deals. They accepted my offer, and we closed one month later. The day the deal was announced, the Palm Beach Daily News ran a huge front-page story with the headline MAR-A-LAGO’S BARGAIN PRICE ROCKS COMMUNITY. Soon, several far more modest estates on property a fraction of Mar-a-Lago’s size sold for prices in excess of $18 million. I’ve been told that the furnishings in Mar-a-Lago alone are worth more than I paid for the house. It just goes to show that it pays to move quickly and decisively when the time is right.

I’m passionate about real estate and that’s what works for me.

The penthouse doesn’t have immediate conveniences that you would expect, but it’s a work of art and a crown jewel in the city. That was the intention, and who else could do that but Axel Vervoordt?

40 Wall Street actually was the second-tallest building in downtown Manhattan…And now it’s the tallest.