112
112
May 5, 2016
05/16
by
KQED
tv
eye 112
favorite 0
quote 0
now the greatest basketball player that ever lived is selling his chicago home and robert frank takes us on a tour inside and out. >> reporter: this is michael jordan's house. i almost don't need to say that. it's a number that's recognized worldwide to symbolize success, championships and this is the estate he built on that success. the listing price $14,855,000. if you add each number in the price tag together, it equals 23. t the air jordan's he's wearing show how important michael is to the air pitch. >> this outdoor area is one of his favorite places to hang out. >> reporter: there's a round pool designed to look like a ball going into a net. and there's a spashus putting green. >> he wanted to build something that was outside of the city as a getaway. >> reporter: a getaway with lots of privacy so the legendary baller could relax in the element out of spotlight. these giant doors came from the playboy mansion. jordan also built a wine cellar and a gentleman's lounge. >> this is where he spent a lot of time hanging out with his friends, playing cards and he had a full walk-in hum
now the greatest basketball player that ever lived is selling his chicago home and robert frank takes us on a tour inside and out. >> reporter: this is michael jordan's house. i almost don't need to say that. it's a number that's recognized worldwide to symbolize success, championships and this is the estate he built on that success. the listing price $14,855,000. if you add each number in the price tag together, it equals 23. t the air jordan's he's wearing show how important michael is...
107
107
May 10, 2016
05/16
by
KQED
tv
eye 107
favorite 0
quote 0
as robert frank reports the health of the art market will be tested over the coming weeks. >> reporter: the spring auction season kicked off in new york last night with all signs pointing to an art market that's contracting but not quite collapsing. christie's got things started with a sale titled "bound to fail" but it was a modest success with sales topping $78 million at the high end of the estimate. the top seller was mauricio catalan's sculpture of a praying hitler called "him." sold above the estimate of $50 million. catalan once said he considered destroying the controversial piece several but decided it was an important symbol of "true fear." a jeff kunz floating basketball called "one battle total equilibrium tank" went for a little over $15 million, above the estimate. a crucified frog called "feet first" by martin kipenberger went for over a million. if the bar has been set lower this spring as the art market adjusts to volatile stock markets and weakness overseas. >> it's no surprise to industry experts that the sales are smaller, the estimates are more conservative, and th
as robert frank reports the health of the art market will be tested over the coming weeks. >> reporter: the spring auction season kicked off in new york last night with all signs pointing to an art market that's contracting but not quite collapsing. christie's got things started with a sale titled "bound to fail" but it was a modest success with sales topping $78 million at the high end of the estimate. the top seller was mauricio catalan's sculpture of a praying hitler called...
91
91
May 9, 2016
05/16
by
CNBC
tv
eye 91
favorite 0
quote 0
robert frank here with the very latest. stock's under pressure today. >> a little bit. all eyes on the bidders at the sotheby's and christie's auction this week. one mystery bidder may have his eye on all of sotheby's itself. sotheby's this morning reporting a net loss of $26 million in the quarter, compared with a profit of $5 million a year ago. revenues were down by more than a third due to weaker auction sales, but shares are rebounding a little bit off their lows today, because during the conference, cfo mike gosk says we've recently by advised by an outside investor that they may make purchases of our stock to bring their total holdings to at least 10%. it's unclear whether this is a passive investment, share activist, or someone interested in taking all control of sotheby's or taking it private. this week, sotheby's and christie's go head to head for four days with auction totals expected to top $1 billion. that's still less than half of last year. the top estimate is $40 million. that's last year we had eight pieces that sold for over $50. just to give you a com
robert frank here with the very latest. stock's under pressure today. >> a little bit. all eyes on the bidders at the sotheby's and christie's auction this week. one mystery bidder may have his eye on all of sotheby's itself. sotheby's this morning reporting a net loss of $26 million in the quarter, compared with a profit of $5 million a year ago. revenues were down by more than a third due to weaker auction sales, but shares are rebounding a little bit off their lows today, because...
137
137
May 5, 2016
05/16
by
BLOOMBERG
tv
eye 137
favorite 0
quote 1
we are thrilled to bring you robert frank, the most interesting smaller, thought-out books, and thisildren. how much luck to your children need within the american meritocracy? the fog has descended on new york, it is either secretary clinton or mr. trump's fault. ♪ iaae-m" ♪ francine: we don't emerging markets. -- we talk emerging markets. let's get to the first word news. syria, a cease-fire has been extended to include the besieged city of aleppo's, it it took effect today after talks between the u.s. and russia. rebels and forces loyal to the syrian president or the last two weeks have been fighting over the country's largest city. for out of five americans say islamic state is their biggest international concern. that is according to a new poll. republicans are concerned that the u.s. will not go far enough to stop the group. islamic state forces used a bulldozer and homemade gun truck to stage an assault that killed the navy seal in iraq. he was part of a team sent in to extract american advisers appeared about 4000 american military personnel are in iraq. the rest justin's apa
we are thrilled to bring you robert frank, the most interesting smaller, thought-out books, and thisildren. how much luck to your children need within the american meritocracy? the fog has descended on new york, it is either secretary clinton or mr. trump's fault. ♪ iaae-m" ♪ francine: we don't emerging markets. -- we talk emerging markets. let's get to the first word news. syria, a cease-fire has been extended to include the besieged city of aleppo's, it it took effect today after...
139
139
May 26, 2016
05/16
by
CNBC
tv
eye 139
favorite 0
quote 0
let's check in with robert frank who made it before everybody else to the beach this morning. nd kate just got here. >> i maid d made it. >> and in two hours and 50 minutes, and something for you, the blade crew brought you the row say, and so what we have worked out is the time value of the money is that my trip was $500 more per person and her s is an hour and a half different, and so you can figure out if your time is worth $300 per hour to save on the blade or worth the drive? we have a scientific study and we will have our drink, and head back to the city. >> that is the type of the scientific city that i love. thank you, robert frank with the race to the hamptons and for the entire team of sigh squawk on the street" and sarah is getting married this weekend, and she will be back. >> yes,ly be back from the honeymoon to give you updates on the vietnamese huang. >> she going to be missed. congratulation, sarah. >> and it is # 11:00 a.m. here on "squawk alley" and we are live. >>
let's check in with robert frank who made it before everybody else to the beach this morning. nd kate just got here. >> i maid d made it. >> and in two hours and 50 minutes, and something for you, the blade crew brought you the row say, and so what we have worked out is the time value of the money is that my trip was $500 more per person and her s is an hour and a half different, and so you can figure out if your time is worth $300 per hour to save on the blade or worth the drive?...
129
129
May 12, 2016
05/16
by
CNBC
tv
eye 129
favorite 0
quote 0
back to you. >> let's bring in robert frank to continue our discussion on politics. you got some new data on who the wealthy are backing this time around? surprising stuff, robert. >> it was surprising this time. hillary clinton, she still has a double digit lead. trump is extending the reach up the wealth ladder. 44% of millionaires plan to vote for hillary in the fall. that compares with 31% for trump. that is according to the millionaire survey. six months ago, only 9% of millionaires supported trump. sow has more than tripled his support among millionaires over the past six months. now 15% of millionaires are still undecided. so he could get a lot of that group whether it comes to investing. 42% said hillary's election would be a good opportunity for investments. trump is right in. there 36% said trump would also be a good opportunity for investments. that really splits along party lines though. more so than wealth. look at the data among democratic voters here. democratic millionaires are largely bullish on the economy in the market this is year. republicans say
back to you. >> let's bring in robert frank to continue our discussion on politics. you got some new data on who the wealthy are backing this time around? surprising stuff, robert. >> it was surprising this time. hillary clinton, she still has a double digit lead. trump is extending the reach up the wealth ladder. 44% of millionaires plan to vote for hillary in the fall. that compares with 31% for trump. that is according to the millionaire survey. six months ago, only 9% of...
205
205
May 10, 2016
05/16
by
WRC
tv
eye 205
favorite 0
quote 0
mansion for the series "secret lye lives of the super rich" and here to give us the tour, host robert frank you know how you're flying on american airlines and it comes up -- >> or your private jet. >> it's so much fun, hoda. we don't have access to things like that. >> how did you get access to this home? >> a lot of people have been trying to get into this home for years. she gave us access to this and it is an incredible property. i mean, it's five and a half acres, truly a compound. like a five star resort for a single family. just amazing. >> tell us about the property. it's on five and a half acres. >> jupiter island in florida, very exiv it's an island within an island. so you have the ocean in the front, that's the infinity pool, then in the back you've basically got another man made beach, a half million gallons of water. and it's basically five buildings, you have the main house, a pool house, a tennis house, a beach house with a massage room and sleeping loft. >> unbelievable. >> it's a resort. >> she likes white, obviously. everything is in white. >> it's like heaven. i felt lik
mansion for the series "secret lye lives of the super rich" and here to give us the tour, host robert frank you know how you're flying on american airlines and it comes up -- >> or your private jet. >> it's so much fun, hoda. we don't have access to things like that. >> how did you get access to this home? >> a lot of people have been trying to get into this home for years. she gave us access to this and it is an incredible property. i mean, it's five and a...
57
57
May 13, 2016
05/16
by
CNBC
tv
eye 57
favorite 0
quote 0
robert frank is joining us at post 9 along with amy, the chairman of fine arts at sothebys. >> thankn g ing us. >> happily. >> and put this week in context, because it is the biggest test for the art market since we had all of the financial turmoil in the first quarter sh, and last year, the sales were 2.1 billion, and so this year, it is about $1.1 or about half. and where are we? >> well, with the sales, we are in a good place, because the market has serp ti, and definitely robust, and tremendous depth of bidding and particularly for the pastor pieces for the outstanding things around and the contemporary works of art, and we are seeing the robustness. >> in stock market terms, we had a decline, but now a floor. >> and now that people know the market, and where it is, there is a lot more certainty. >> and this sale, it is backward lookingk because when people decided what to sell this week were deciding in january or february when things were really bad. >> exactly. >> so there was not a -- there were great pieces, but not a lot of the $179 million picasso's. >> yes. >> and when we
robert frank is joining us at post 9 along with amy, the chairman of fine arts at sothebys. >> thankn g ing us. >> happily. >> and put this week in context, because it is the biggest test for the art market since we had all of the financial turmoil in the first quarter sh, and last year, the sales were 2.1 billion, and so this year, it is about $1.1 or about half. and where are we? >> well, with the sales, we are in a good place, because the market has serp ti, and...
299
299
May 26, 2016
05/16
by
CNBC
tv
eye 299
favorite 0
quote 0
the best or nothing. >>> we've been following robert frank on his journey to the hamptons. in south hampton. we took off almost exactly a half hour ago and we are probably about five minutes from landing in south hampton. i don't know where kate rogers is but judging by the fdr traffic, she's probably still somewhere in the east village. we're about five minutes away. >> how many people you have on that helicopter with you? >> we have a total of four including the captain. it's been a beautiful ride, beautiful, clear day. you not only get to the hamptons faster but you get a great view of new york city, the gold coast and some great real estate shopping up here. you see all the biggest mansions you can't see from the ground. it's been a nice flight and we should be touching down in just about 3 to 5 minutes here. >> is weisenthal with you? he owns blade. >> he's probably getting ready to go to the beach. they got some calls from the show "billions," they started a service from greenwich to the hamptons. this company has taken off in two years' time. we should be landing. we
the best or nothing. >>> we've been following robert frank on his journey to the hamptons. in south hampton. we took off almost exactly a half hour ago and we are probably about five minutes from landing in south hampton. i don't know where kate rogers is but judging by the fdr traffic, she's probably still somewhere in the east village. we're about five minutes away. >> how many people you have on that helicopter with you? >> we have a total of four including the captain....
146
146
May 26, 2016
05/16
by
CNBC
tv
eye 146
favorite 0
quote 0
thank you, robert frank with the race to the hamptons and for the entire team of sigh squawk on the street" and sarah is getting married this weekend, and she will be back. >> yes,ly be back from the honeymoon to give you updates on the vietnamese huang. >> she going to be missed. congratulation, sarah. >> and it is # 11:00 a.m. here on "squawk alley" and we are live. >>> welcome to "squawk alley" and this thursday morning, it is kayla tausche, and jon fortt, and joining us is hep ri blodget. tech is up 0.75, and the nasdaq is still down 2%, and not that far off, henry, from nasdaq 5,000. is this -- what is going on with the buy in may and go away. >> well, we who own the indexes are happy about this. and looking at apple, we went through the period of where all of the bad news was priced in and now looking forward to the iphone launch in september, and lot of excitement about that, and probably not revolutionary or anything, but in the build-up of that, people are excited, and so i am not surprised to see the stock move. >> but it is about enterprise, and the ipos working and the consumer
thank you, robert frank with the race to the hamptons and for the entire team of sigh squawk on the street" and sarah is getting married this weekend, and she will be back. >> yes,ly be back from the honeymoon to give you updates on the vietnamese huang. >> she going to be missed. congratulation, sarah. >> and it is # 11:00 a.m. here on "squawk alley" and we are live. >>> welcome to "squawk alley" and this thursday morning, it is kayla...
443
443
May 25, 2016
05/16
by
CNBC
tv
eye 443
favorite 0
quote 0
you'll see more of it tonight. >> robert frank, thank you.we mentioned, the new episode of "secret lives of the super rich" premieres tonight. stay up and watch it. 10:00 p.m. eastern. >>> wow. just going to tell you off -- you're going to have to look. coming up, tech stocks leading the rally in the market with apple, microsoft and alphabet gaining more than 1% in yesterday's session. we'll talk to tech analyst after the break. >> just found it! >> like i said. >>> later, derek jeter announcing his first sponsorship role following his retirement. >>> captain clutch will join us on the "squawk" set at 8:40 a.m. >> i am so skeptical. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. >>>
you'll see more of it tonight. >> robert frank, thank you.we mentioned, the new episode of "secret lives of the super rich" premieres tonight. stay up and watch it. 10:00 p.m. eastern. >>> wow. just going to tell you off -- you're going to have to look. coming up, tech stocks leading the rally in the market with apple, microsoft and alphabet gaining more than 1% in yesterday's session. we'll talk to tech analyst after the break. >> just found it! >> like i...
232
232
May 13, 2016
05/16
by
MSNBCW
tv
eye 232
favorite 0
quote 0
joining us from new york with more on this survey, cnbc wealth reporter robert frank.ut why more millionaires are supporting hillary clinton than donald trump? >> he's the known entity. when you drill down these numbers you see that she gets 90% of democratic millionaires and 40% of independents. so millionaires like the rest of the country are very divided. and right now republicans are still -- he gets skuc s 60% of republican millionaires but not independents. it reflects nationally what we're seeing with the division with trump. when we polled this group back in november, december, only 9% of millionaires supported trump. he has more than tripled his support in six months among this group. >> one more example where donald trump wins whichever way it goes, if hillary clinton gets the most millionaires. he can play the populist card and go all the fat cats are for hillary clinton. >> and if they come to him, he can say, i'm just doing what i have to do to win. >> i can't believe they found 750 people, millionaires to take this survey. >> that cnbc works hard. >> what
joining us from new york with more on this survey, cnbc wealth reporter robert frank.ut why more millionaires are supporting hillary clinton than donald trump? >> he's the known entity. when you drill down these numbers you see that she gets 90% of democratic millionaires and 40% of independents. so millionaires like the rest of the country are very divided. and right now republicans are still -- he gets skuc s 60% of republican millionaires but not independents. it reflects nationally...
99
99
May 12, 2016
05/16
by
CNBC
tv
eye 99
favorite 0
quote 0
. >> thank you, robert frank.at note with the latest from washington in a moment. ♪ amazing sleep stays with you all day and all night. sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. it's the semi-annual sale! save $500 on the memorial day special edition mattress with sleepiq technology. know better sleep. only at a sleep number store. [martha and mildred are good to. go. here's your invoice, ladies. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer, but...i wouldn't have it any other way. look at that, i had my best month ever. and earned a shiny new office upgrade. i run on quickbooks. that's how i own it. >>> good morning. it is 11:00 a.m. in washington, d.c., and 11:00 a.m. on squawk street, and "squawk alley" is live. ♪ i say don't you know ♪ you say you don't know ♪ i say >>> good thursday morning and welcom
. >> thank you, robert frank.at note with the latest from washington in a moment. ♪ amazing sleep stays with you all day and all night. sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. it's the semi-annual sale! save $500 on the memorial day special edition mattress with sleepiq technology. know better sleep. only at a sleep number store. [martha and mildred are good to. go. here's your invoice, ladies. a few stops later, and it looks...
203
203
May 9, 2016
05/16
by
CNBC
tv
eye 203
favorite 0
quote 1
. >> robert frank. now there may be a problem for another big startup. we're going to head to can d for the latest on the devastating wildfires and the impact they're having on the oil region. stay with us. >>> the fight may have reached a turned point today. alberta with the latest. deirdre? >> hey, kelly. officials are touring fort mcmurray right now. hopefully finally get answers for the nearly 1,000 displaced. what they're seeing, the officials, is likely a ghost touchblt water has been shut off. the electrical grid has been damaged. worries over the fire disrupting the oil sand sights seems to have reseeded a little bit as the weather has been more cooperative. we've seen cooler temperatures as well as a little bit of rain, but we may not be out of the woods just yet. remember, ft. mac is the third largest reserves of crude. some namts say the wildfires dubbed the beast now could bring economic growth to a standstill or even put it back into recession. back here at the evacuation cent center. wants to know the latest. >> as much as you can argue som
. >> robert frank. now there may be a problem for another big startup. we're going to head to can d for the latest on the devastating wildfires and the impact they're having on the oil region. stay with us. >>> the fight may have reached a turned point today. alberta with the latest. deirdre? >> hey, kelly. officials are touring fort mcmurray right now. hopefully finally get answers for the nearly 1,000 displaced. what they're seeing, the officials, is likely a ghost...
113
113
May 12, 2016
05/16
by
CNBC
tv
eye 113
favorite 0
quote 0
robert frank. >> consumers are spending money on burgers instead of clothes.est from nordstrom and from shake shack, too. when we come back. all across the state, the economy is growing, with creative new business incentives, the lowest taxes in decades, and new infrastructure for a new generation attracting the talent and companies of tomorrow. like in rochester, with world-class botox. and in buffalo, where medicine meets the future. let us help grow your company's tomorrow - today - at business.ny.gov because my teeth are yellow. these photos? why don't you use a whitening toothpaste? i'm afra it's bad for my teeth. try crest 3d white. crest 3d white diamond strong toothpaste and rinse... ...gently whiten... ...and fortify weak spots. use together for 2 times stronger enamel. crest 3d white. mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. >>> welcome
robert frank. >> consumers are spending money on burgers instead of clothes.est from nordstrom and from shake shack, too. when we come back. all across the state, the economy is growing, with creative new business incentives, the lowest taxes in decades, and new infrastructure for a new generation attracting the talent and companies of tomorrow. like in rochester, with world-class botox. and in buffalo, where medicine meets the future. let us help grow your company's tomorrow - today - at...
102
102
May 25, 2016
05/16
by
CNBC
tv
eye 102
favorite 0
quote 0
robert frank, we'll see him tonight. lives of the super rich" at 10:00 eastern time only on cnbc. >>> the quest to upgrade your brain and incredible story on restoring your memory is next on "power lunch." >>> shares of sarepta are soaring. they're going to delay a review of one of the key drugs that is being developed to treat a muscular disease. an fda advisory panel voted against accelerate add principle of law of the drug. they say the fal fda told it that it is continuing to review the drug and try to finnish a timely manner. the stock lost 45% so far this year, down 20% in the past 12 months. >>> staying in health care, the centers for disease control believes 1.7 million americans suffer traumatic brain injuries every year. one of the debilitating impacts is memory loss. we're kicking off a special series, modern medicine, as researchers try new methods to help those with memory loss. >> thank you so much. you might remember a couple years ago president obama announced the brain initiative. that was a multiyear ef
robert frank, we'll see him tonight. lives of the super rich" at 10:00 eastern time only on cnbc. >>> the quest to upgrade your brain and incredible story on restoring your memory is next on "power lunch." >>> shares of sarepta are soaring. they're going to delay a review of one of the key drugs that is being developed to treat a muscular disease. an fda advisory panel voted against accelerate add principle of law of the drug. they say the fal fda told it that...
157
157
May 3, 2016
05/16
by
CNBC
tv
eye 157
favorite 0
quote 0
. >> cnbc's robert frank is here. maybe a surprising bold call from bill gates?> surprising given who it is and the fact that he's probably one of the largest investors in the world, calling for the rich to really pay more, and he said he would start, of course, with increasing the tax rates on capital gains. basically capital should be taxed the same rate as labor. capital gains are taxed at 20% and you add that 3.8% health care levy, 23.8% and while the top tax for salaries and wages, that's 39.6%. cap gains are mainly earned by the wealthy. for the bottom 99% of americans, more than three-quarters of their income comes from salaries and a few percent from cap gains. look at those making more than 10 million, cap gains accounts for more than half of their earnings and add on dividends to that, almost three-quarters. gates, of course, one of the world's biggest investors through his private fund cascade investments and through the bill and melinda gates foundation with more than $40 billion in assets. >> can i just check with one little thing. >> larry is here,
. >> cnbc's robert frank is here. maybe a surprising bold call from bill gates?> surprising given who it is and the fact that he's probably one of the largest investors in the world, calling for the rich to really pay more, and he said he would start, of course, with increasing the tax rates on capital gains. basically capital should be taxed the same rate as labor. capital gains are taxed at 20% and you add that 3.8% health care levy, 23.8% and while the top tax for salaries and...
155
155
May 27, 2016
05/16
by
CNBC
tv
eye 155
favorite 0
quote 0
our wealth editor robert frank has that story and three prime examples.away. >> simon, thank you. amazing to think these cars are 30 years old. like the art market the classic car market has slowed lately. prices are declining for the first time since the financial crisis in 2008. but one segment is just soaring '80s cars, some models have more than quadrupled in value just over the past five years. now, the reason is that the young collectors who grew up in the '80s are now getting wealthy and they want the cars that were in the movies and tv shows of their youth. let's start with the ferrari 1986 car, this is the one that don johnson drove in "miami vice." his was white, this one is red. these cars were selling for $40,000 or $50,000 now selling for $100,000 or more so more than doubling their value. this is the famous lab bor gmbo this is the car in the famous cannon ball run opening sequence and one of the first cars that had these cool scissors doors. these cars not that long ago selling for $100,000. now over $600,000 with some going for over a mill
our wealth editor robert frank has that story and three prime examples.away. >> simon, thank you. amazing to think these cars are 30 years old. like the art market the classic car market has slowed lately. prices are declining for the first time since the financial crisis in 2008. but one segment is just soaring '80s cars, some models have more than quadrupled in value just over the past five years. now, the reason is that the young collectors who grew up in the '80s are now getting...
244
244
May 9, 2016
05/16
by
CNBC
tv
eye 244
favorite 0
quote 1
robert frank has more details. >> good morning.eks for the art market. all signs point to a market in contraction. sotheby's reporting loss of 25 million. revenues down more than a third due to weaker auction sales. the ceo saying he is reasonably optimistic about the rest of the year, pointing to strong online group, more disciplined consignments. a lot depends on big sales this week. auctions total 2.7 billion this year last year. 8 pieces sold over 50 million. sot be's top lot is "untitled." and kristy's was at the high end. the top seller was a sculpture of hitler praying went for 17 million. jeff kuntz had a basketball. and top work is expected to get 40 million. 40 is the new 100 million in the auction world. back over to you. >> very quick question. could it could it could it could it be they're not as active, christie's sits alone. >> sot bees has -- >> thank you very much. more from jon fortt what's coming up. >> hey, simon, good monday morning. uber and lift are out of austin after they struck back against regulations tha
robert frank has more details. >> good morning.eks for the art market. all signs point to a market in contraction. sotheby's reporting loss of 25 million. revenues down more than a third due to weaker auction sales. the ceo saying he is reasonably optimistic about the rest of the year, pointing to strong online group, more disciplined consignments. a lot depends on big sales this week. auctions total 2.7 billion this year last year. 8 pieces sold over 50 million. sot be's top lot is...
113
113
May 31, 2016
05/16
by
CNBC
tv
eye 113
favorite 0
quote 0
that you mention, there are other less orthodox indicators that some are looking to our colleague robert frankeekend what he call add worrisome pileup in nine-figure price homes the last time that happening of course in 2007. any indicators you think should be showing us red flags in the market rather than slowing momentum to the upside? >> you know, i think one of the things that ultimately we look at the most in terms of the cycle is supply. supply by and large is still fairly reasonable if not tight in a lot of markets. we track the top 23 markets across the country down 5% year over year. also affordability is still reasonable relative to historical averages. so we're pretty comfortable at this point. and, again, it's important to recognize we're still roughly 30% below long-term averages in terms of starts and new home sales. >> what's interesting is that both of you have bought the same two stocks to the table. michael mentioned toll brothers, which i know is one you're interested in. and both of you also have independently picked out cal atlantic. why would you draw attention to that? >
that you mention, there are other less orthodox indicators that some are looking to our colleague robert frankeekend what he call add worrisome pileup in nine-figure price homes the last time that happening of course in 2007. any indicators you think should be showing us red flags in the market rather than slowing momentum to the upside? >> you know, i think one of the things that ultimately we look at the most in terms of the cycle is supply. supply by and large is still fairly...
110
110
May 31, 2016
05/16
by
CNBC
tv
eye 110
favorite 0
quote 0
cnbc's kate kell and robert frank are here with me.o in this era where everybody wants to tax the super rich, they are cutting a check to the super rich, how does this happen? >> they are held hostage to the high income taxpayers just like new york, connecticut, new jersey and california and the reason is the income is being concentrated among the very top and the states have all increased their income tax rates for those at the top, where top 1% in connecticut, like many states, pay 35% of the income tax and just a few hundred in connecticut pay more than 12 pass and ray dowly who paid $1.4 billion last year pays tens of millions a year in taxes. >> this is not the biggest employer in the state of connecticut. you've got the government and yale university, espn. bridgewater has 1,500 people, but they are probably highly paid individuals who pay high income taxes, state income taxes and some of the remarks by the economics minister of the state were telling. she talked about the fact that you have people raising families there, you kno
cnbc's kate kell and robert frank are here with me.o in this era where everybody wants to tax the super rich, they are cutting a check to the super rich, how does this happen? >> they are held hostage to the high income taxpayers just like new york, connecticut, new jersey and california and the reason is the income is being concentrated among the very top and the states have all increased their income tax rates for those at the top, where top 1% in connecticut, like many states, pay 35%...
167
167
May 24, 2016
05/16
by
CNBC
tv
eye 167
favorite 0
quote 2
. >> to go one other way, would robert frank be interested in doing a report on this place you're looking >> if you did a renovation toilet. >> -- to it. >> if you did a renovation to it. >> would you be buying it from one guy who is the real estate guy? >> for dolly. >> no, this was not -- we got to talk real estate markets. >> adele is coming on. >> we can ask him -- i think residential real estate in new york might be going down this might not be the best time. jeffrey salinger is with us. he said many investors think investment is in a bubble. and senior market analyst at voyage analysts. jeff, i'm going to start with you, this is a note with the title patience young grasshopper. what are you trying to say, this is a series of e-mails that were sent to you? >> well, we've been exercising the rarest commodity on wall street which is patience. we shoved a lot of chips out on the table. actually, i was on your show friday before the market bottomed. becky asked me what the market was saying, and the said we're going to bottom the next week. we've had a pretty good run but when the s&p fa
. >> to go one other way, would robert frank be interested in doing a report on this place you're looking >> if you did a renovation toilet. >> -- to it. >> if you did a renovation to it. >> would you be buying it from one guy who is the real estate guy? >> for dolly. >> no, this was not -- we got to talk real estate markets. >> adele is coming on. >> we can ask him -- i think residential real estate in new york might be going down this...
150
150
May 12, 2016
05/16
by
CNBC
tv
eye 150
favorite 0
quote 0
robert frank joins us with more here in the studio. >> hillary clinton still has a double digit leadnaires but trump is moving up the wealth ladder. the survey asked millionaires who they planned to vote for in november if it's a head-to-head contest between trump and clinton. 44% of millionaires plan to vote for hillary and 31% for trump. that's up from the 9% who said they supported trump six months ago with a more crowded field. 15% of millionaire voters are still undecided. hillary wins 90% of democratic millionaires, 42% of independents and 8% of republicans. trump gets 61% of republican millionaires and 22% of independents. investments for millionaires, 42% said hillary clinton's election would be a good opportunity for investing. 39% said she wouldn't. as for trump, 36% said his election would be a good investment opportunity. 41% said he wouldn't. the most important issues for millionaires in this election, foreign policy followed by political gridlock and then taxes. they also said trump would be the best candidate for business and the wealthy. >> foreign policy being terror
robert frank joins us with more here in the studio. >> hillary clinton still has a double digit leadnaires but trump is moving up the wealth ladder. the survey asked millionaires who they planned to vote for in november if it's a head-to-head contest between trump and clinton. 44% of millionaires plan to vote for hillary and 31% for trump. that's up from the 9% who said they supported trump six months ago with a more crowded field. 15% of millionaire voters are still undecided. hillary...
436
436
May 25, 2016
05/16
by
WRC
tv
eye 436
favorite 0
quote 0
the most, robert frank, is here with a look at some of the wealthiest people in the world and how theyund? >> this is just outside of l.a. on the outside looks like a one-story underground is a palace with a turkish spa. it's own massage room, hot stone room and a swimming pool. there it is. underneath that is a full-sized, two-story tennis court that doubles as a ballroom for 350 of your closest friends. >> do they not like the sun? why underground? >> you can only build one story there. they said, okay, we want a giant palace and we'll build it underground. there's so much concrete in the house, you could build a road from san francisco to l.a., just with the concrete they used for that house. >> and you point out the underground tennis court costs $14 million. the tennis court alone. >> expensive hobby. >> let's swing to las vegas. this is a tribute to fashion designer labels. what are we looking at here? >> this is a house in the most exclusive street in las vegas. this house is owned by two people that really love fashion. there's a closet that is modelled after the chanel boutiqu
the most, robert frank, is here with a look at some of the wealthiest people in the world and how theyund? >> this is just outside of l.a. on the outside looks like a one-story underground is a palace with a turkish spa. it's own massage room, hot stone room and a swimming pool. there it is. underneath that is a full-sized, two-story tennis court that doubles as a ballroom for 350 of your closest friends. >> do they not like the sun? why underground? >> you can only build one...
342
342
May 18, 2016
05/16
by
CNBC
tv
eye 342
favorite 0
quote 1
robert frank taking us to a house with a see-through pool. it is see-through and so is the pool.illion yacht. he is throwing the pricey 55-footer in with the home. one of several incentives he is offering to buyers in this massive estate with every convenience. >> from right here, open up the doors, turn on the music, the lights. >> from your phone. >> all from my phone. >> welcome to 252. >> his father designed and built this ultra-modern 20,000 square foot indoor/outdoor tropical oasis. >> the idea was to create something contemporary that still felt intimate. >> a roof-top jacuzzi and infinity pool lined with half a million dollars of see-through glass. >> we had to give the house an ooh ah factor. you can see the people swimming as you're looking into an aquarium. >> the house is listed for $36 million but you can buy it with the art, the yacht and a vintage jaguar for $50 million. and ball harbor, which is that part of miami is -- that's billionaire's row. micky arison is there. water on both sides. models in the pool. >> the model? how does that work? >> they were hired for
robert frank taking us to a house with a see-through pool. it is see-through and so is the pool.illion yacht. he is throwing the pricey 55-footer in with the home. one of several incentives he is offering to buyers in this massive estate with every convenience. >> from right here, open up the doors, turn on the music, the lights. >> from your phone. >> all from my phone. >> welcome to 252. >> his father designed and built this ultra-modern 20,000 square foot...
210
210
May 9, 2016
05/16
by
CNBC
tv
eye 210
favorite 0
quote 0
robert frank is here with the latest. >> christie's bound to fail sale last night totaling $78 million. that was actually the high-end of expectations. all but one of the 39 offerings sold. art experts say this shows the market may not be as bad as some feared but the expectations very low for this auction season. the auctions totaleded $2.7 billion last may. this year we'll be lucky to reach half that. remember picasso sold for $179 million. the top lots are selling for only 40. the auction houses are pulling back on guarantees to pay the sellers a set price regardless of the auction results. last year they guaranteed more than 100 works. this year it's less than 30. the top sales last night were jeff koon's one ball total equalibrium that went for $78 million. and the whacked sculpture of hitler kneeling in prayer went for $17.2 million, well above its $15 million estimate. >> why do they call it the bound to fail sale? >> well, they said it's to challenge notions of commercial success to put out artists that really took risks. but it was also a sign to the market basically saying, y
robert frank is here with the latest. >> christie's bound to fail sale last night totaling $78 million. that was actually the high-end of expectations. all but one of the 39 offerings sold. art experts say this shows the market may not be as bad as some feared but the expectations very low for this auction season. the auctions totaleded $2.7 billion last may. this year we'll be lucky to reach half that. remember picasso sold for $179 million. the top lots are selling for only 40. the...
1,442
1.4K
May 11, 2016
05/16
by
CNBC
tv
eye 1,442
favorite 0
quote 1
robert frank was given unprecedented access and he joins us with more. what part of florida?rket for 45.5. we got a look inside the five building compound and inside a dean reon's bedroom. inside the many house, the living room has walls that disappear to create the ultimate indo indoor/outdoor entertainment area. also on the first floor, a guest suite for him in the thorn wing and another for her in the south. plus a mega family room with plenty of space for he wielegan dining. but upstairs is where her mansion hits the high notes. we're in her bedroom. the platinum artist's giant custom has stress makes a california king seem tiny. the walls aren't painted, they're up holstered. an even the fireplace which is loo lined with fireproof mirrors has great ocean views. there is also a private water park and i couldn't leave without taking a ride on the water vid. it was so hot, i just jumped on in my suit. the thing about water slides in a suit, it kind of absorbs water, so it takes a while to get down. but it's a half million gallons of water in the private water park. just ama
robert frank was given unprecedented access and he joins us with more. what part of florida?rket for 45.5. we got a look inside the five building compound and inside a dean reon's bedroom. inside the many house, the living room has walls that disappear to create the ultimate indo indoor/outdoor entertainment area. also on the first floor, a guest suite for him in the thorn wing and another for her in the south. plus a mega family room with plenty of space for he wielegan dining. but upstairs is...
152
152
May 4, 2016
05/16
by
CNBC
tv
eye 152
favorite 0
quote 0
robert frank joins us with a look inside michael jordan's high-income home. sells a lot of sneakers but can't sell his mansion. his 56,000 square foot house in highland park on the market since 2012. now it's only $14.8 million. the broker gave us a tour of the ultimate home court. >> i definitely feel the pressure, you know. shooting baskets on michael's court. it's a pretty amazing feeling. >> the jump man logo at center court is surrounded by the names of jordan's kids and special cushioning under the wood eased the wear and tear on the superstar's knees. next door m.j. designed a full gym for his hard-core workouts and even put in a locker room to accommodate his famous bulls' teammates. >> the year before he won his first championship he decided to invite a few teammates to come work out, practice, training. they'd meet in the morning and eat breakfast with his private chef. the camaraderie actually led to the first championship. >> the house also has a gentleman's lounge with doors from the playboy mansion. michael is now in charlotte. he owns a $3 mill
robert frank joins us with a look inside michael jordan's high-income home. sells a lot of sneakers but can't sell his mansion. his 56,000 square foot house in highland park on the market since 2012. now it's only $14.8 million. the broker gave us a tour of the ultimate home court. >> i definitely feel the pressure, you know. shooting baskets on michael's court. it's a pretty amazing feeling. >> the jump man logo at center court is surrounded by the names of jordan's kids and...
254
254
May 27, 2016
05/16
by
CNBC
tv
eye 254
favorite 0
quote 0
robert frank turns back the clock to the '80s. >> your favorite time, joe. the 1980s.t thing going. some more than quintupling in value. joining us is the ceo of haggerty, the great collectible car insurance and research company. thank you for joining us. start with the ferrari. 1986 ferrari. testarossa, famous from "miami vice." why are they so hot right now? >> what's quietly happened is the next generation has come along and said, you know what, these things have been under appreciated. these were on the cars that were on the posters on our wall. >> guys like us who were teenagers in the '80s now have money, some of them do, and want what they loved as teenagers. let's go to this car. it was on the poster of every teenaged boy's wall, a lamborghini countach, 1988, '89. famous from the canon ball run. >> these are over $600,000. it's a staggering value increase. they were 130. now 630. >> what are the best examples of this car going for new? >> well, the best examples were the earliest ones from the '70s. those are million, million and a half dollars easily. this is
robert frank turns back the clock to the '80s. >> your favorite time, joe. the 1980s.t thing going. some more than quintupling in value. joining us is the ceo of haggerty, the great collectible car insurance and research company. thank you for joining us. start with the ferrari. 1986 ferrari. testarossa, famous from "miami vice." why are they so hot right now? >> what's quietly happened is the next generation has come along and said, you know what, these things have been...
67
67
May 23, 2016
05/16
by
CSPAN3
tv
eye 67
favorite 0
quote 0
but there are these other 19 folk and one of them is robert brown elliott, right here. this is from frank leslie's illustrated newspaper where a lot of the 19th century stuff we have in the house collection that tells us about what is going on in the house and what the public's reading about it, what they are seeing, this is one of the rare ones in which there is an african-american member given a sort of little portrait there on the pages next to any number of other things going on. this is the news of the day. tell me about robert elliott. mr. wasniewski: elliott is one of the interesting members. he is from south carolina. a majority of the african-american members come from south carolina, largely because it was a majority african-american population, and their districts are african-american. so there is support for a black candidate. elliott is a wonderful orator, and he is one of those people who events himself -- invent himself as he went along. you get the sense he was a true character. he had a great classical education. he came up after reconstruction: worked on a newspaper. the
but there are these other 19 folk and one of them is robert brown elliott, right here. this is from frank leslie's illustrated newspaper where a lot of the 19th century stuff we have in the house collection that tells us about what is going on in the house and what the public's reading about it, what they are seeing, this is one of the rare ones in which there is an african-american member given a sort of little portrait there on the pages next to any number of other things going on. this is...
74
74
May 30, 2016
05/16
by
CSPAN3
tv
eye 74
favorite 0
quote 0
robert brown elliott. right here. this is from frank leslie's illustrated newspaper. where a lot of the 19th century stuff that we have in the house collection that tells us about what's going on in the house and what the public is reading about it, what they're seeing, this is one of the rare ones in which there's an african-american member who's given sort of a little portrait right there on the pages right next to any number of other different things that are going on. this is sort of news of the day. so tell me a little bit about robert elliott. >> elliott's one of the interesting members. he's from south carolina and the majority of african-american members during the 19th century come from south carolina, seven members all from that state largely because it's a majority african-american population and their districts are majority african-american. and so there's support for a black candidate. elliott is a wonderful orator and he's one of these people who invented himself as he went along. you get the sense that he was a true character, but he had a great classic
robert brown elliott. right here. this is from frank leslie's illustrated newspaper. where a lot of the 19th century stuff that we have in the house collection that tells us about what's going on in the house and what the public is reading about it, what they're seeing, this is one of the rare ones in which there's an african-american member who's given sort of a little portrait right there on the pages right next to any number of other different things that are going on. this is sort of news...
115
115
May 13, 2016
05/16
by
WJLA
tv
eye 115
favorite 0
quote 0
robert, now stop it this instant. okay. so we had a wonderful time. no dogs there. marie: frank! and the condo was just beautiful.od was especially good. yeah, i had a steak so big i almost couldn't finish it. and then i did. great. see, that's why you guys should have a video camera. hey! your mother's talking. no tv now. so on the drive home we started talking, and, well, we... what is it, marie? we want to move there.
robert, now stop it this instant. okay. so we had a wonderful time. no dogs there. marie: frank! and the condo was just beautiful.od was especially good. yeah, i had a steak so big i almost couldn't finish it. and then i did. great. see, that's why you guys should have a video camera. hey! your mother's talking. no tv now. so on the drive home we started talking, and, well, we... what is it, marie? we want to move there.
533
533
May 12, 2016
05/16
by
WJLA
tv
eye 533
favorite 0
quote 0
robert. well, my name's sam gilula. i haven't seen mr. barone in about 25 years. he's a great man, your father. did you say frank barone? yeah.sed to work after school at the same company as your father. he was a real mentor to me. mentor? you sure you don't mean tormentor? damn it, marie. the elastic is completely shot on these pants. mr. barone? who are you? sam gilula!
robert. well, my name's sam gilula. i haven't seen mr. barone in about 25 years. he's a great man, your father. did you say frank barone? yeah.sed to work after school at the same company as your father. he was a real mentor to me. mentor? you sure you don't mean tormentor? damn it, marie. the elastic is completely shot on these pants. mr. barone? who are you? sam gilula!
52
52
May 12, 2016
05/16
by
WJLA
tv
eye 52
favorite 0
quote 0
robert: they are still upset. as they should be. not holding back. caps players aren't sugarcoating anything. but what williams said today may surprise you. the frankdmission when w guess which airline added more nonstop straight-shot flights hey, d.c., than any other out of reagan national last year? here's a hint. did ya catch it? no? here's another. their colors are yellow, red, and blue, and they save you tons of green. still nothing? that's okay. just go to southwest.com for the answer. on this airline, everybody wins. sfx: clap, clap, ding robert: hard to believe it's all over for the caps after being the best team in hockey in the regular season. they fall to pens in the second round 4-2. it seemed like this was the year that the curse was broken. not so fast. the pain is still there. guys like justin williams are feeling it. >> listen, it was a failure. i'm not going to beat around the bush. i came here to help the team win and we didn't do people will be upset about that. calling it a failure only one team finishes with a win and we weren't it. robert: in baseball the mlb posted this on twitter today. the ball. last night was a craz
robert: they are still upset. as they should be. not holding back. caps players aren't sugarcoating anything. but what williams said today may surprise you. the frankdmission when w guess which airline added more nonstop straight-shot flights hey, d.c., than any other out of reagan national last year? here's a hint. did ya catch it? no? here's another. their colors are yellow, red, and blue, and they save you tons of green. still nothing? that's okay. just go to southwest.com for the answer. on...
SFGTV: San Francisco Government Television
53
53
May 17, 2016
05/16
by
SFGTV
tv
eye 53
favorite 0
quote 0
. >> at the time i'd like to ask robert our city attorney to opine on the legal concerns regarding frankpen session open session of the b o b discussion and he's retirement letter. >> thank you madam president so in regards to that issue you're considering in the future agenda matter the legal concern would be simply this closed session and for purposes of existing litigation it is there so there can be an open and transparent discussion as to the pros and cons, if you will, of any potential litigation going forward i think that it would be next to impossible to have a discussion in open session without talking about the strengths and weakness of our position the letter if pob mentioned that unless the matter is resolved it may litigate so that's at least one instance and one that you might have the director mentioned theoretically you would have the city on the other side of the issue but potential adverse we don't know of funds going one way or another i want to alert you if you have an open session it is open and frank and with good voices in the city attorney's office it it could pot
. >> at the time i'd like to ask robert our city attorney to opine on the legal concerns regarding frankpen session open session of the b o b discussion and he's retirement letter. >> thank you madam president so in regards to that issue you're considering in the future agenda matter the legal concern would be simply this closed session and for purposes of existing litigation it is there so there can be an open and transparent discussion as to the pros and cons, if you will, of any...
36
36
May 29, 2016
05/16
by
CSPAN3
tv
eye 36
favorite 0
quote 0
roberts is not the most extreme republican on that court. they were nicknamed the four horsemen of the apocalyptic -- apocalypse. to make life very difficult for frank when roosevelt and it's a very new york story. of course, the current court headed by a new yorker, born in buffalo, learned law in new york city from henry friendly. the other members of the court -- ruth bader ginsburg, finished her law degree at columbia and was a brooklyn person, sonia sotomayor is a bronx person. elena kagan is manhattan all the way. antonin scalia was queens,. -- knows staten island. i mentioned sam alito. but also remember merrick garland, who learned his law in this city. he is the guy on the hot seat right now. it's very much a new york story. and what is going to decide? what is going to decide elections? who fills that slot on the supreme court? who becomes president of the united states? whether it is donald j. trump or hillary clinton. it is very much a new york story. the ballot, and when you have judges -- the supreme court is very much on the ballot, and when you have judges, richard nixon or george w. bush -- judges that can tell us who can vote and w
roberts is not the most extreme republican on that court. they were nicknamed the four horsemen of the apocalyptic -- apocalypse. to make life very difficult for frank when roosevelt and it's a very new york story. of course, the current court headed by a new yorker, born in buffalo, learned law in new york city from henry friendly. the other members of the court -- ruth bader ginsburg, finished her law degree at columbia and was a brooklyn person, sonia sotomayor is a bronx person. elena kagan...
SFGTV: San Francisco Government Television
71
71
May 10, 2016
05/16
by
SFGTV
tv
eye 71
favorite 0
quote 0
. >> at the time i'd like to ask robert our city attorney to opine on the legal concerns regarding frankpen session open session of the b o b discussion and he's retirement letter. >> thank you madam president so in regards to that issue you're considering in the future agenda matter the legal concern would be simply this closed session and for purposes of existing litigation it is there so there can be an open and transparent discussion as to the pros and cons, if you will, of any potential litigation going forward i think that it would be next to impossible to have a discussion in open session without talking about the strengths and weakness of our position the letter if pob mentioned that unless the matter is resolved it may litigate so that's at least one instance and one that you might have the director mentioned theoretically you would have the city on the other side of the issue but potential adverse we don't know of funds going one way or another i want to alert you if you have an open session it is open and frank and with good voices in the city attorney's office it it could pot
. >> at the time i'd like to ask robert our city attorney to opine on the legal concerns regarding frankpen session open session of the b o b discussion and he's retirement letter. >> thank you madam president so in regards to that issue you're considering in the future agenda matter the legal concern would be simply this closed session and for purposes of existing litigation it is there so there can be an open and transparent discussion as to the pros and cons, if you will, of any...