a massive new york city penthouse right here, downtown manhattan, that is quite a sight and has many it. our wealth editor has an exclusive grand tour. >> we had the first cameras ever here. you had it right, $118.a million making this the most expensive listing. >>> we took a tour with is the broker. >> it's almost 16,000 square feet. this will take us a little while. >> i've got my walking shoes on. i'm ready. >> how awesome is that? >> this is unbelievable. >> so then we have the separate dining area fit for a king. a separate den. i love the millwork, the coffee lights. this is awesome. white house. -- wow. >> so this is terrace -- >> incredible. two of four. >>> let's go downstairs. i want to show you the master bedroom suite. this is the beginning of the master suite. this door is bulletproof. it's a panik roc room. you fall asleep to these views. >> this is incredible. >> this apartment was going to turn heads no matter what we priced it at just because of the sheer size, because of the views, because of finishes, and because of what we were offering. and because that's part o

reporter: vincent nasserbakht left a career on wall street to open a sock apparel store in downtown manhattan four years ago, right about the time colorful socks became cool. his store features hundreds of pairs of high end hosiery. were you surprised you were the beginning of the trend? >> we could see it kind of start creeping up, and sure enough, we see guys really into fashion wearing socks and then it turns into guys wearing more business-types wearing socks and now it's everybody. >> reporter: men's socks are now the fastest growing sector of men's apparel. sales have soared 14% in just one year. high end socks have combined to create a $2.8 billion industry. a cashmere pair from j. crew starts at 80 bucks. an elder pair from harry's is more. this from red deer will warm your toes for a mere $1,500. >> in a more casual era the tide disappears and so there's this opening for another kind of expression of personality in an otherwise hum drum world. >> the ties, there's no sort of tactile pleasure in it, right? it's a thing around your neck. it doesn't touch your body. it's sort of like --

. >> vincent left a career on wall street to open the "sock hop" men's apparel store in downtown manhattan about the time colorful socks became cool. his store features hundreds of pairs of high-end hosiery. >> were you surprised you were at the beginning of the trend? >> we could see it kind of start creeping up and then, sure enough, we see guys that are really into fashion wearing socks and then it turns into guys that are more business types wearing socks and now it's everybody. >> socks have come a long way from the stone age when they were made from animal skins. this pair made of wool are the oldest known surviving socks dating back to egypt in the 4th century. by 1,000 a.d., they became a status symbol. production increased with the advent of the knitting machine in 1589 and with nylon in 1938. men's socks are now its fastest growing sector of men's apparel. sales have soared 14% in just one year. high-end dress and athletic socks have combined to create a $2.8 billion industry. a cashmere pair at j. crew runs 80 bucks. barney's elder statesmen will set you back $350. and at harrie

it was a packed courtroom in downtown manhattan, by the way, where hedge funds went to hear the latest fuse from a judge on whether he would respond to talk from argentina to holders of billions of dollars in these bonds, suggesting they might not face out. a u.s. supreme court ruling would help it pay to elliot management and likely billions more to other hedge fund holders. they described the investors as extrorgsists to whom they would to the bench today, however, argentina's lawyers took a different note, touching rather couching the speeches as political and intended to address the broad question of how the country would face mounting bond payouts at its cash reserves, which football not even 30 billion could not accommodate. arlg argentina are willing to negotiate. the lawyer added that argentine officials would come to the u.s. next week to talk to the so-called holdouts. the judge was not easily play indicated. notably, it's refusal to comply with its own judgments, finding it should pay the holdouts as a charade. he ruled they imploded last night, which involved renegotiating

tried to have terrorists tried in downtown manhattan. they tried detainees put backyard of u.s.. remember that one. >> send them to bermuda. >> what is coming next, you listen harry reid aren't we glad these five guys are gone? >> right. >> joe trippi say, the war was over. president obama was going to have to rethem anyway. >> right. >> here is the next shoe so drop. it is putting all on us. chuck todd, there was supposed to be euphoria, they in the white house, we are swift boating this bergdahl. that is what is going to happen. try to turn -- >> not going to work. >> i agree with you, brian. you're questioning his patriotism. and, you know what? these five guys, who cares about them. we were going to release them anyway. >> start questioning his patriot system people who knew him best. >> this turns the focus to these five just made in this prisoner swap. i alluded to this earlier in the program. that is this really tips the hat to all the democrats who have been angry that the president hasn't closed gitmo now. this might signal, oh, look he might be willing to do it. look,

last friday, all three clintons met with donors at a goldman sachs con fab in downtown manhattan.ou wrote that the location -- the goldman sachs offices underscored that clinton is undeterred by criticism from the progressive wing of the democratic party that she is too close to the financial industry. bill clinton, in a scathing quote in tim geithner's book says, "you could take lloyd blankfein into a dark alley and slit his throat and it would satisfy them" them presumably the progressive wing of the democratic party" for about two days, and then the blood lust would rise again." how much do you think statements like that will be a liability in the democratic primary? >> i think bill clinton has an approach to economics that is pro business. that is a kind of we're all in this together. and the rhetoric right now coming from that wing of the democratic party is that wall street are the enemieenemies. and i think that's never been the rhetoric you have seen from the clintons. and in turn, they're friendly to wall street. will hillary clinton be the candidate of wall street? doubt

this was the middle of downtown manhattan so not exactly a proxy for a nice wade presidential campaign. >> you have been ready for what, exactly? >> whatever it is hillary decided to do. they have 2 million members or more growing every day. here's this wonderful public servant and anybody who reads the book will see how much hillary clinton cares and policy, about doing the right thing, how proud she is of our country. we want to go as far as she would like to do and if she wants to go further, we'll be there. >> ifill: is it just me or does this seem to be more carefully rolled out, structured, not in collaboration with hillary, but certainly much more -- done with more of an eye of the political future than the last book rollout in 2008? >> the last book was in a very imrcht climate, and if you go back -- and a different media landscape. look at the ways we're talking about the book that didn't exist last time. there was no twitter at the time that says hillary's book. so you have a high-tech, sophisticated conversation going nut the blogosphere, and then low tech like the bus. >> i

that makes it the most expensive asking price for a downtown manhattan apartment.s will be interesting. this has not gone on the market. not for sale. this is an early offering plan. things could change. the attorney general's office has not approved any of this. it will for sure be the top nine. this was built in 1913. it is an iconic lower manhattan building. for this one, what they are proposing at this point, 8975 square feet over nine floors. four bedrooms. an elevator. you are mainly living on 50 and 51. there is an observation deck. they want to put a wine cellar in the great room. an entire floor is a great room and a seller. stuart: that is a bargain compared to london prices. cheryl: of course it is. welcome to the bubble. stuart: the top nine floors in a building in manhattan. cheryl: we have seen record prices in manhattan. 90 million. 95 million. this will be a big controversy in new york. i will be following it. developers will have quite a fight on their hands. stuart: do you think it is a bubble? >> no. i think 110 million will probably be a decent

our very own morgan brennan joins us from belmont park, around 30 minutes from downtown manhattan.ook, many horses have come close since 1978 but few have -- no one has really made it, no one got the triple crown. how are people rating the chances? >> okay. let me break it all down for you. nice to see you, ross. come tomorrow, the track behind me is going to be packed with 120,000 visitors all here to see whether that racehorse, california chrome, can take home the triple crown. it's been 36 years. no horse has won this title in 36 years, despite 12 attempts. so if chrome were to win, his value could catapult exponentially. analysts saying this horse could already be worth $15 million to $20 million. with a triple crown title that could double, especially after the track as a stud. the odds are overwhelmingly in his favor. some folks are placing bets just for a piece of history in case their ticket becomes collectible, that could become more valuable. experts say the total handle wagered tomorrow should exceed $100 million. that's more than what's legally bet each year on america'

. >> it is building in downtown manhattan on what is shaping up to be a glorious but rather toasty summer like day here in the big apple. >> welcome to al jazeera america. >> ahead, he is the best known doctor on tv, but that didn't stop congress from giving dr. oz a dressing down from weight loss substances he endorsed, or did he? >> your morning banana face ago threat. thousands of acres of the fruit are destroyed. the big price that may be paid if something isn't town. >> peace shattered for kenya on the coast. al shabab claiming responsibility for two attacks this week, raiding villages at night, targeting hotels and police stations. residents are afraid of violence and want to move out. we have more. >> she is trying to be strong for her sons. they should be at school now, but most everything has been shut down after sunday's shooting rampage that killed nearly 50 people. >> they're the only family who's male head was not killed in this apartment block. 14 others were ordered out on the street, their throats were slit, bodies riddled with bullets, their wives forced to watch. they be

breaking news from a downtown manhattan courthouse right now.t with bbnp, the french bank, agreeing to pay $8.834 billion, with a b, no guilty plea yet although one is expected but paying this amount, nearly $9 billion, to settle charges of providing business to sanctioned nations far period of time. this case has been in the works for some time. we're xing to hear more from the attorney general around 5:00 at washington, but the jurisdiction here kelly is new york state, specifically the southern district of manhattan, and in an ongoing court hearing, prosecutors have said that bnp agrees to this find, also that it engaged in a long-term multijurisdictional conspiracy to violates sanctions laws by facilitating actions involving sudan, cuba, and iran, kelly. so the first headline detail a nearly $9 billion fine. and i'm just told by our news desk they have pled guilty to two felony counts as part of this case. back to you. >> after credit suisse has pled guilty as well. certainly a new day for financial regulation, and $8.834 billion being the f

aere has always been disconnect in manhattan between downtown and midtown in terms of the pricing, in of the demand. historically, lower manhattan, transportation was not as strong. you did not necessarily have workers who wanted to commute there. it was not as convenient. that has changed because transportation is much better and they're trying to improve this site in a new master plan to make it more human friendly, and not so much the old scale of the old site. there are some people who do not want to be on site at all. >> there are some legacy issues as well. >> one of the things we have been doing is cutting prices. we always see if the brand-new building is a technologically advanced building. to arday, i spoke spokesman, one of the developers and he saiding, yes, it is being offered as a premium in the real estate area, but maybe we have to shrink that premium to make it more competitive. 64th floor, the asking rent had been $75 per square foot and now they are down $69 per square foot. that might have been one of the things that clinched the new tenants. one of the things is h

. >> they can take four hours to get from manhattan to downtown washington.l to the airport, security lines, how fast can you do it? >> 90 minutes. >> you're cutting it down by more than half. >> most people are not aware that you are in the airline business. tell us about the experience the you have had it with fly the whale. >> fly the whale is a seaplane operator. we have been fine since 2010 out of new york providing weekend shuttles to east hampton. of fly the whale we realize how important people's time is and how they are willing to pay a premium for that time. a lot of our current customers have expressed interest to me that they would travel during the week to boston or d.c. >> they wish somebody could do it faster? >> exactly. they know how efficient it is. we are provided during the week to them. >> what do you charge? going to be $550 each way. >> it is competitive. >> especially for business travelers. delta tocan go up on about $850. >> you are flying out of the east river here in new york city. where are you landing? >> the private terminals on

manhattan island. the poor people lived downtown.they lived in the old .esidential districts the middle-class and rich left to go uptown. most of your poor were in downtown neighborhoods. park first opened, it was the middle-class and wealthy who had access to it. if you are an immigrant living downtown with eight kids, how do you get to central park? you don't. so, it was not used much by the the 10pulation until amends of manhattan move northward along with the ,ndustry and by the 1870's 1880's, 1890's, you begin to get uptown tenement districts on both sides of the island mixed in by the factories on the riverfronts. as a result, by the 1890's, the population of central park begins to change. it becomes more a little bit of everybody. of course here in early prints park with really only wealthy people in their carriages taking their strolls. it could almost be an impressionist painting. these were the people who used coursek at first, and of they gathered around one of the most brilliant parts of central part, to me. the terrace.

manhattan. people lived in the old residential district. fifth avenue, between 42nd and -- is where the wealthy live. a few blocks on other side. most of the poor were in downtown neighborhoods. it wasntral park opened, the middle class and the wealthy who had accents. -- access. if you are an immigrant living downtown, how'd do you get to central park? you don't. 1870's, 18 80's, 1890's, you get 10 districts on both sides of the island mixed into the factory fronts. the population of central park begins to change and become a little bit of everybody. in early prints, we see central park and people in carriages. taking a stroll. these are the people who use the park. they gathered around one of the most brilliant part of central --k, but that is run bethesda terrace. we are an urban people. it is surrounded by a rustic landscape. access it from the northern end of the mall. if you do not know central park, you discover it by accident all stop what a wonderful accident -- accident. what a wonderful accident! operalike a european house lobby in open air. everybody sees what you are wearing and you are either very its or know, for p hippy. the staircase shows your

manhattan. but all tenants could be kicked to the curb sooner than expected because time is moving to new digs downtownnow may have to go. >>> the feds flying illegal immigrants state to state on your dime. shipped to states like massachusetts and arizona. the attorney general of arizona has sent a cease and desist letter demanding they stop sending them to his state and he wants to know why can't we just send them home? >> the federal government is playing the role that the coyotes are supposed to play, human smugglers. normally the coyotes get people to get across the border illegally and they take them to the interior part of the country to blend in. here you have the federal government doing that and if they can afford to fly them to phoenix, you think they could afford to fly them back to central america, which is what they should be doing, returning them to the country of origin. >> summed it up pretty well. recent reports found in may alone, ice released 36,000 immigrants into communities for a whole bunch of reasons. >>> four acrobats were injured when their human chandelier plunged 40 feet to