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	<title>Gossip News &#187; Advance magazine publishers</title>
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		<title>Life after Condé Nast: Former Domino Editor No Longer Living Under Uncle Si&#8217;s Roof [Perks]</title>
		<link>http://lpkz.com/real-estate/life-after-conde-nast-former-domino-editor-no-longer-living-under-uncle-sis-roof-perks/29257/</link>
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		<pubDate>Mon, 01 Feb 2010 21:34:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Advance magazine publishers]]></category>
		<category><![CDATA[Conde Nast]]></category>
		<category><![CDATA[Domino]]></category>
		<category><![CDATA[Fringe Benefits]]></category>
		<category><![CDATA[Gettypic]]></category>
		<category><![CDATA[Perks]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Si Newhouse]]></category>
		<category><![CDATA[Slate]]></category>
		<category><![CDATA[deborah needleman]]></category>
		<category><![CDATA[jacob weisberg]]></category>
		<category><![CDATA[s.i. newhouse]]></category>

		<guid isPermaLink="false">http://Gawker-5461678</guid>
		<description><![CDATA[<p><img src="http://cache.gawkerassets.com/assets/images/2010/02/custom_1265058578318_needleman2.jpg" class="left image340" width="340" />When Condé Nast folds a magazine, it doesn't just clear out the desks. There's also the messy business of disentangling the top editors from all the perks that came with being in <a class="autolink" title="Click here to read more posts tagged #sinewhouse" href="http://gawker.com/tag/sinewhouse/">S.I. Newhouse</a>'s good graces. Ask <em>Domino</em>'s <a class="autolink" title="Click here to read more posts tagged #deborahneedleman" href="http://gawker.com/tag/deborahneedleman/">Deborah Needleman</a>.</p><p>Newhouse pulled the plug on Needleman's high-end shelter magazine <em>Domino</em> <a href="http://www.nytimes.com/2009/01/29/business/media/29mag.html?ref=business">almost exactly one year ago</a>. Which may explain why today, February 1, Needleman and her husband, Slate Group editor-in-chief <a class="autolink" title="Click here to read more posts tagged #jacobweisberg" href="http://gawker.com/tag/jacobweisberg/">Jacob Weisberg</a>, filed paperwork with the New York City Department of Finance terminating the lender of record for the mortgage on their TriBeCa loft. The holder of the mortgage had been, since April 2005, none other than Advance Magazine Publications, Condé Nast's parent company.</p>
<p><img src="http://cache.gawker.com/assets/images/7/2010/02/500x_custom_1265058846683_mortgage.jpg" class="left image500" width="500" /></p>
<p>As we've noted before, during the boom years Condé Nast <a href="http://gawker.com/5330069/did-conde-nast-call-in-its-sweetheart-loan-to-annie-leibovitz">liked to give its editorial high-rollers sweetheart mortgages</a> just to further separate them from the regular suckers out there who have to pay for stuff. <em>Vanity Fair</em> chief Graydon Carter, for instance, got an interest-free $5.3 million loan on his Greenwich Village townhouse from <a class="autolink" title="Click here to read more posts tagged #advancemagazinepublishers" href="http://gawker.com/tag/advancemagazinepublishers/">Advance Magazine Publishers</a> that requires <a href="http://gawker.com/5334166/graydon-carters-monthly-mortgage-payment-is-probably-less-than-your-rent">a monthly payment of just $2,083</a> as long as he's with the company.</p>
<p>But we've long wondered what happens after you're no longer with the company, and Needleman's case demonstrates that when you're out of Newhouse's good graces, you're out for good. While we don't know the details of Needleman and Weisberg's deal with Advance, since the mortgage itself isn't on file, if it's anything like Carter's it has a one-year allowance after leaving Condé Nast before the loan is called in. And sure enough, a year after leaving, Needleman and Weisberg had to refinance with a new, and presumably more profit-oriented, bank. Here's the termination notice filed today:</p>
<p><img src="http://cache.gawker.com/assets/images/7/2010/02/500x_custom_1265058932304_screen_shot_2010-02-01_at_4.17.24_pm.jpg" class="left image500" width="500" /></p>
<p>The Needleman-Weisberg home wasn't just financed by Condé Nast&#8212;it was decorated as a "<em>Domino</em> project," <a href="http://nymag.com/homedesign/spring2007/31805/">according to this <em>New York</em> magazine profile</a>:</p>
<blockquote>
<p>But it wasn't until after <em>Domino</em> launched, and Needleman roped in her editor-at-large Tom Delavan and design director Dara Caponigro to help, that the place came together. Delavan unified Needleman's various design favorites by muting the color. The resulting world of off-white upholstery and greige paint minimized the once-brown woodwork and railings and united disparate elements like Saarinen tables, Gustavian dining chairs, and an overstuffed English sofa. Caponigro's exacting eye helped select the right objects and edit out the rest.</p>
</blockquote>
<p><img src="http://cache.gawkerassets.com/assets/images/2010/02/custom_1265059025392_needleman3.jpg" class="left image340" width="340" /></p>
<p>Here's a picture, from Needleman's Facebook page, of the apartment when she hosted the <em>Domino</em> holiday party&#8212;just days before the end for the magazine.</p>
<p>The Saarinens and Gustavians are presumably still there, but Needleman sold off her Condé Nast clothes at a tag sale hosted by ex-<em>Domino</em> staffers in May. She told the <em>New York Times</em> at the time that they were "<a href="http://www.nytimes.com/2009/05/07/garden/07events.html?scp=5&#38;sq=deborah%20needleman&#38;st=cse">fancy party frocks from a nice former life I happily don't have anymore</a>." As of today, the last of those niceties is gone.</p>
<p>Reached by email, Weisberg declined to comment on his and his wife's behalf.</p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://cache.gawkerassets.com/assets/images/2010/02/custom_1265058578318_needleman2.jpg" class="left image340" width="340" />When Condé Nast folds a magazine, it doesn't just clear out the desks. There's also the messy business of disentangling the top editors from all the perks that came with being in <a class="autolink" title="Click here to read more posts tagged #sinewhouse" href="http://gawker.com/tag/sinewhouse/">S.I. Newhouse</a>'s good graces. Ask <em>Domino</em>'s <a class="autolink" title="Click here to read more posts tagged #deborahneedleman" href="http://gawker.com/tag/deborahneedleman/">Deborah Needleman</a>.</p><p>Newhouse pulled the plug on Needleman's high-end shelter magazine <em>Domino</em> <a href="http://www.nytimes.com/2009/01/29/business/media/29mag.html?ref=business">almost exactly one year ago</a>. Which may explain why today, February 1, Needleman and her husband, Slate Group editor-in-chief <a class="autolink" title="Click here to read more posts tagged #jacobweisberg" href="http://gawker.com/tag/jacobweisberg/">Jacob Weisberg</a>, filed paperwork with the New York City Department of Finance terminating the lender of record for the mortgage on their TriBeCa loft. The holder of the mortgage had been, since April 2005, none other than Advance Magazine Publications, Condé Nast's parent company.</p>
<p><img src="http://cache.gawker.com/assets/images/7/2010/02/500x_custom_1265058846683_mortgage.jpg" class="left image500" width="500" /></p>
<p>As we've noted before, during the boom years Condé Nast <a href="http://gawker.com/5330069/did-conde-nast-call-in-its-sweetheart-loan-to-annie-leibovitz">liked to give its editorial high-rollers sweetheart mortgages</a> just to further separate them from the regular suckers out there who have to pay for stuff. <em>Vanity Fair</em> chief Graydon Carter, for instance, got an interest-free $5.3 million loan on his Greenwich Village townhouse from <a class="autolink" title="Click here to read more posts tagged #advancemagazinepublishers" href="http://gawker.com/tag/advancemagazinepublishers/">Advance Magazine Publishers</a> that requires <a href="http://gawker.com/5334166/graydon-carters-monthly-mortgage-payment-is-probably-less-than-your-rent">a monthly payment of just $2,083</a> as long as he's with the company.</p>
<p>But we've long wondered what happens after you're no longer with the company, and Needleman's case demonstrates that when you're out of Newhouse's good graces, you're out for good. While we don't know the details of Needleman and Weisberg's deal with Advance, since the mortgage itself isn't on file, if it's anything like Carter's it has a one-year allowance after leaving Condé Nast before the loan is called in. And sure enough, a year after leaving, Needleman and Weisberg had to refinance with a new, and presumably more profit-oriented, bank. Here's the termination notice filed today:</p>
<p><img src="http://cache.gawker.com/assets/images/7/2010/02/500x_custom_1265058932304_screen_shot_2010-02-01_at_4.17.24_pm.jpg" class="left image500" width="500" /></p>
<p>The Needleman-Weisberg home wasn't just financed by Condé Nast&mdash;it was decorated as a "<em>Domino</em> project," <a href="http://nymag.com/homedesign/spring2007/31805/">according to this <em>New York</em> magazine profile</a>:</p>
<blockquote>
<p>But it wasn't until after <em>Domino</em> launched, and Needleman roped in her editor-at-large Tom Delavan and design director Dara Caponigro to help, that the place came together. Delavan unified Needleman's various design favorites by muting the color. The resulting world of off-white upholstery and greige paint minimized the once-brown woodwork and railings and united disparate elements like Saarinen tables, Gustavian dining chairs, and an overstuffed English sofa. Caponigro's exacting eye helped select the right objects and edit out the rest.</p>
</blockquote>
<p><img src="http://cache.gawkerassets.com/assets/images/2010/02/custom_1265059025392_needleman3.jpg" class="left image340" width="340" /></p>
<p>Here's a picture, from Needleman's Facebook page, of the apartment when she hosted the <em>Domino</em> holiday party&mdash;just days before the end for the magazine.</p>
<p>The Saarinens and Gustavians are presumably still there, but Needleman sold off her Condé Nast clothes at a tag sale hosted by ex-<em>Domino</em> staffers in May. She told the <em>New York Times</em> at the time that they were "<a href="http://www.nytimes.com/2009/05/07/garden/07events.html?scp=5&sq=deborah%20needleman&st=cse">fancy party frocks from a nice former life I happily don't have anymore</a>." As of today, the last of those niceties is gone.</p>
<p>Reached by email, Weisberg declined to comment on his and his wife's behalf.</p>]]></content:encoded>
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