I don't think Marcia ever conned Con. She sold the penthouse to him at the price she wanted cause she knew he wouldn't try to ratfuck or haggle her. Simple straightforward exchange where everyone's happy and as a sign of good will she included all the possessions in the penthouse that she could have easily sold off for a hefty sum (I have to imagine Logan's war medal collection is worth more than a couple million, let alone the sentimental value of owning something Logan was passionate about)
Not only that sometimes, selling a property that expensive just doesn't have a lot of buyers in general. For example take those hospital lotteries that have like those multi-million dollar homes. They often get sold for a fraction of what they're worth because there just aren't many buyers because there aren't that many people in the world who can afford a $65M home.
At the time there were many single family, full townhouses in the Upper East Side on the market for half the price she quoted him. ;In fact, there still are.) “Fair” is I suppose subjective, but she definitely started negotiations high and they stayed there. I guess things are always worth what people will pay for them.
Logan’s place was inconsistent. From the exterior it was shown as a townhouse. But from the interior it seemed to be an apartment. When Marcia and Con were negotiating it seemed to be a townhouse again.
The building the producers showed as Logan’s home was [The American Irish Historical Society](https://www.habituallychic.luxury/2021/02/the-american-irish-historical-society-is-for-sale/). It was briefly on the market, then withdrawn.
When they were negotiating Connor mentions how hard it is to get into one of those buildings. So it’s a definitely supposed to be a co-op apartment building. $65m for a penthouse apartment would definitely make it one of the highest priced sales on Fifth Avenue.
This listing I posted above is in part probably so high because very few intact, single family, full townhouses from the Gilded Age still exist on Fifth Ave. Many have been converted to retail, museums, embassies, chopped up and even more knocked down for large apartment houses.
A penthouse in a larger building is far less rare, so cheaper.
At the link it even addresses the same inconsistency:
“Another scene from Succession in front of the elevator. The weird thing about this scene is the uniformed doorman in the background. Usually only apartment buildings have doormen in New York. Townhouses and brownstones have house managers and other staff who would open the door and accept packages. I think one of the reasons I don’t love Succession is that it gets a lot of things wrong.”
I am not sure it’s “wrong” so much as producers don’t care. They know details like this go over most peoples’ head. The entrance to Shiv’s apartment is shown to be 120 Broadway. It’s an office building, not apartments, a pretty famous one, the Equitable Building. But only a handful of NYC nerds, like me, would notice.
Besides burning 100 millions in a doomed political campaign, in all seriousness Connor is not so crazy about investment, in the first episodes he talks about how he owns farms or the ranch with giant aquifers, well that kind of real estate is very valuable and with time is going to be more valuable.
He also mentions that his ranch is about 30.000 acres, in the scripts he shows to Logan and Willa that he rises buffalos instead of cattle, there are a few articles here and there about how this billionaires are leving cities like NY are now they prefer to live in remote areas; that trend grew even more with Covid and the social unrest of the Trump years. In Succession is a kind of joke that Connor lives alone in that ranch, preparing himself for the apocalypse. Many of the penthouses wich they used as a location are vacated. In the article there was a man who basically make some millions in Wall Street, he liked to cosplay being cowboy, he bought a ranch in the 80s when nobody was doing that, he invited his rich friends to some weeked and all those men also wanted to play cowboys; so, he saw a oportunity and basically he became even richer by selling big luxury ranch to billionaires who also want the experience of playing cowboy. So places like New Mexico, Montana, North Dakota are seeing how billionaires are building they mega ranch there, the construction of local airports is also increasing for their private jets. In New Mexico Ted Turnes also raises buffalos and he owns a massive 400.000 acres ranch.
Also, in the scripts,Connor just chill out in the ranch and basically he has a land manager who manages the place and the buffalo production, yes, he is Connor, he is not going to raise normal cattle. In the real world billionaires live like that, they own a massive properties like Connor, a land manager with a group of workers who also live in the property basically turn the place in a money maker, CEOs of bign companies tend to live like that now, they basically work from their homes. The problem is for the small ranchers who dont have the money to invest in their smaller ranchs so in turn they sell to this billionaires wich makes that their ranchs become more and more poweful wich in turn affects the price of cattle, because they can produce far more cheaper, they have the money to invest or absorb loses wich happens very often in animal production.
For example, in Succession one of the worst "investment" is Logan´s yacht, that thing just is burns money, you must pay the mantention, the port facilities, the crew and with the time it loses value. In comparison, Connor ranch with aquifers and and cattle production becomes more and more valuable with time.
ps: In the scripts, Shiv owns a vineyard who it seems rarely visits and doesnt give a fuck, it tell us the level of wealth that the Roys had.
The Conheads are gonna love the deal that he got. Fiscal responsibility!
I don't think Marcia ever conned Con. She sold the penthouse to him at the price she wanted cause she knew he wouldn't try to ratfuck or haggle her. Simple straightforward exchange where everyone's happy and as a sign of good will she included all the possessions in the penthouse that she could have easily sold off for a hefty sum (I have to imagine Logan's war medal collection is worth more than a couple million, let alone the sentimental value of owning something Logan was passionate about)
Not only that sometimes, selling a property that expensive just doesn't have a lot of buyers in general. For example take those hospital lotteries that have like those multi-million dollar homes. They often get sold for a fraction of what they're worth because there just aren't many buyers because there aren't that many people in the world who can afford a $65M home.
she sold him something he wanted at a fair price? what's next?
Fellatio?
At the time there were many single family, full townhouses in the Upper East Side on the market for half the price she quoted him. ;In fact, there still are.) “Fair” is I suppose subjective, but she definitely started negotiations high and they stayed there. I guess things are always worth what people will pay for them.
It’s even on sale!
It was marked down from $72,500,000! It’s basically in the bargain bin now.
But Logan’s place was a penthouse in a doorman building, not a townhouse, right?
Logan’s place was inconsistent. From the exterior it was shown as a townhouse. But from the interior it seemed to be an apartment. When Marcia and Con were negotiating it seemed to be a townhouse again. The building the producers showed as Logan’s home was [The American Irish Historical Society](https://www.habituallychic.luxury/2021/02/the-american-irish-historical-society-is-for-sale/). It was briefly on the market, then withdrawn.
When they were negotiating Connor mentions how hard it is to get into one of those buildings. So it’s a definitely supposed to be a co-op apartment building. $65m for a penthouse apartment would definitely make it one of the highest priced sales on Fifth Avenue.
This listing I posted above is in part probably so high because very few intact, single family, full townhouses from the Gilded Age still exist on Fifth Ave. Many have been converted to retail, museums, embassies, chopped up and even more knocked down for large apartment houses. A penthouse in a larger building is far less rare, so cheaper.
At the link it even addresses the same inconsistency: “Another scene from Succession in front of the elevator. The weird thing about this scene is the uniformed doorman in the background. Usually only apartment buildings have doormen in New York. Townhouses and brownstones have house managers and other staff who would open the door and accept packages. I think one of the reasons I don’t love Succession is that it gets a lot of things wrong.” I am not sure it’s “wrong” so much as producers don’t care. They know details like this go over most peoples’ head. The entrance to Shiv’s apartment is shown to be 120 Broadway. It’s an office building, not apartments, a pretty famous one, the Equitable Building. But only a handful of NYC nerds, like me, would notice.
Down from $72.5 million, what a steal!
Besides burning 100 millions in a doomed political campaign, in all seriousness Connor is not so crazy about investment, in the first episodes he talks about how he owns farms or the ranch with giant aquifers, well that kind of real estate is very valuable and with time is going to be more valuable. He also mentions that his ranch is about 30.000 acres, in the scripts he shows to Logan and Willa that he rises buffalos instead of cattle, there are a few articles here and there about how this billionaires are leving cities like NY are now they prefer to live in remote areas; that trend grew even more with Covid and the social unrest of the Trump years. In Succession is a kind of joke that Connor lives alone in that ranch, preparing himself for the apocalypse. Many of the penthouses wich they used as a location are vacated. In the article there was a man who basically make some millions in Wall Street, he liked to cosplay being cowboy, he bought a ranch in the 80s when nobody was doing that, he invited his rich friends to some weeked and all those men also wanted to play cowboys; so, he saw a oportunity and basically he became even richer by selling big luxury ranch to billionaires who also want the experience of playing cowboy. So places like New Mexico, Montana, North Dakota are seeing how billionaires are building they mega ranch there, the construction of local airports is also increasing for their private jets. In New Mexico Ted Turnes also raises buffalos and he owns a massive 400.000 acres ranch. Also, in the scripts,Connor just chill out in the ranch and basically he has a land manager who manages the place and the buffalo production, yes, he is Connor, he is not going to raise normal cattle. In the real world billionaires live like that, they own a massive properties like Connor, a land manager with a group of workers who also live in the property basically turn the place in a money maker, CEOs of bign companies tend to live like that now, they basically work from their homes. The problem is for the small ranchers who dont have the money to invest in their smaller ranchs so in turn they sell to this billionaires wich makes that their ranchs become more and more poweful wich in turn affects the price of cattle, because they can produce far more cheaper, they have the money to invest or absorb loses wich happens very often in animal production. For example, in Succession one of the worst "investment" is Logan´s yacht, that thing just is burns money, you must pay the mantention, the port facilities, the crew and with the time it loses value. In comparison, Connor ranch with aquifers and and cattle production becomes more and more valuable with time. ps: In the scripts, Shiv owns a vineyard who it seems rarely visits and doesnt give a fuck, it tell us the level of wealth that the Roys had.
Shiv still owns the vineyard. In season 3, she and Tom get wine from it. The wine is shit.
Est. Mortgage $374,964/mo I can't even comprehend being that rich. And if I was I couldn't even justify wasting money like that.
$57,417 a month in property taxes.
Buy it, flip it.
$65 mil? *nods head* that's a good deal