Books

Great GatsbyF. Scott Fitzgerald’s best-known novel chronicles the star-crossed romance between Louisville debutante Daisy Fay Buchanan and a local soldier, the future tycoon Jay Gatsby. In this passage, her friend Jordan Baker is recalling their Louisville childhood among the well-to-do gentry, living in mansions ringing verdant Cherokee Park in 1917.

Daisy Fay was just 18, two years older than me, and by far the most popular of all the young girls in Louisville. She dressed in white, and had a little white roadster, and all day long the telephone rang in her house and excited young officers from Camp Taylor demanded the privilege of monopolizing her that night.

She had a début after the Armistice, and in February she was presumably engaged to a man from New Orleans. In June, she married Tom Buchanan of Chicago, with more pomp and circumstance than Louisville ever knew before. He came down with a hundred people in four private cars, and hired a whole floor of the Seelbach Hotel, and the day before the wedding he gave her a string of pearls valued at $350,000.*

* $4.2 million in 2016 dollars.

Related: Of the five film adaptations, Boulevard likes Baz Luhrmann’s boisterous 2013 version best.

Real Estate

We will sell this house today! Owsley Brown Frazier’s $4.9M ‘mansion that whisky built’

An occasional look at premium homes on the market.

The marketing campaign for the philanthropist’s country manor, “The Avish,” steps up tonight, when Lenihan Sotheby’s International Realty hosts a private cocktail party and showing for clients, brokers and agents. Owsley Brown Frazier, an heir to the Brown-Forman distillery fortune, died four years ago at 77. The seller is his daughter, Laura L. Frazier; its assessed value is $4.8 million, according to Jefferson County tax records. The Avish is at 5224 Avish Lane in Harrods Creek, the wealthy enclave in northeast Louisville.

The asking price is $4.9 million, down from $5.3 million in December, when the listing was pulled after a pending sale from March 2015 fell though, according to Zillow. When it originally hit the market in 2012 after Brown’s death, Curbed put the list at $6 million. Later that year, Zillow says, it sold for $4.8 million, presumably to Laura.

Owsley Brown Frazier
Frazier

The Avish translates to “Rocky Hill” in Gaelic, and is named for the Brown family’s ancestral home in Ireland, according to The Voice-Tribune. It was built in 1910 by Brown’s grandfather, Owsley Brown, according to Curbed, which called it the “mansion that whiskey built.”

Here’s Lenihan’s description: This impressive estate is on The National Register of Historic Places and sits on 10 acres overlooking the Ohio River. With nearly 18,000 finished square feet, there are two master suites, four additional bedrooms, nine full baths and two half-baths. The grand foyer is flanked by a reception room, dining hall and a formal parlor with adjoining conservatory. The first floor is also comprised of the catering and main kitchens and the owners office suite. You may access the private living quarters on the second floor by one of three stair cases, service or passenger elevator. The third floor features a private suite that’s perfect suite for an in-law, an au pair or nanny. The grounds feature a gorgeous arbor, stunning formal garden with garden house and attached greenhouses, walkways, barn and guest/managers quarters with two bedrooms and bathrooms. The lower level is where you’ll find the indoor pool and solarium, private his-hers bathrooms with dressing areas, entertainment areas, laundry facilities, office and garages.

Related: Brown’s last will and testament. Plus, Boulevard is reminded of this scene starring Annette Bening from 1999’s “American Beauty.”

Latest Headlines

Uber using Fusions in new self-driving cars test; KFC hit over antibiotics use, and Bezos strikes back at Trump
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Activist group created “Auntie Biotic” mascot in campaign targeting KFC.

A news summary focused on big employers; updated 6:06 p.m.

FORD: Uber said today it’s using hybrid Fusions as it starts testing self-driving cars in Pittsburgh (Fortune). Also, Apple co-founder Steve Wozniak and former Ford CEO Alan Mulally will receive awards at an innovation conference in Lexington starting Sunday (Daily Journal).

KFC: Activists are pressing KFC to stop buying chicken from industrial farms that use antibiotics meant for humans. The Natural Resources Defense Council created a mascot, Auntie Biotic, to draw attention to its cause (blog post). Australian restaurant operator Collins Foods is paying $19 million for 13 KFC outlets around the New South Wales and Victorian border (Business Insider). And teenage inmates who were involved in a tense standoff with police in Melbourne were promised KFC in exchange for their surrender (Daily Mirror). Yum shares closed at $80.07, little changed.

AMAZON CEO Jeff Bezos defended the company against criticism by White House hopeful Donald Trump, who said earlier that the retail giant was “getting away with murder, tax-wise (Seattle Times). Also, how Google Home could be Amazon Echo’s worst nightmare in the digital home assistant space (Verge). Shares closed at $698.52, up $1.07.

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Booth

TACO BELL: How the company turns fried chicken into taco shells (Consumerist). Meanwhile, the Internet can’t get enough stories about Florida’s Jack Booth, who woke up from a 42-day coma and almost immediately demanded 8½ crunch tacos. “I didn’t expect him to eat as many as he did, but he sure crushed it,” said friend and co-worker Andrew Haldeman (Naples News).

CHURCHILL DOWNS: Otabek Umarov, the owner and trainer of Looks to Spare, the longshot third-place finisher in last year’s Grade 1 Clark Handicap, has been ejected from the track’s facilities and suspended by state stewards (Racing Form).

TEXAS ROADHOUSE has weighed in on new overtime regulations mandated by the Obama Administration (Insider Louisville).

UPS is preparing to add on-demand 3-D printer services (3 D Print)

In other news, Louisville ranked No. 18 on employment site Glassdoor’s list of the 25 best U.S. cities to find work, well down from No. 8 a year ago (Business First). Glass door says its picks stand out for ease in finding work, affordability, and job satisfaction. This year’s No. 8 is Raleigh-Durham, N.C.;  full list.

Money in Politics

McConnell, Paul file annual financial disclosure reports
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McConnell

Republican U.S. senators Mitch McConnell — already one of the chamber’s wealthiest members — and Rand Paul have now filed their mandatory annual financial disclosure reports.

The documents reveal sources of annual income, plus stock and other investments. Both men filed their reports Monday.

Official Portrait
Paul

Here’s McConnell’s, plus his 2014 report for comparison. And here’s Paul’s new report, plus his 2014 report.

Related: Search for more senate disclosure reports.

Money in Politics

In U.S. Senate bid, Gray ran on business credentials. His first financial report lays them out

Lexington Mayor Jim Gray won the Democrats’ nomination for U.S. Senate yesterday by campaigning on his experience helping save the family’s Gray Inc. construction company after his father’s death. He’ll now face Republican Sen. Rand Paul in November — a contest he concedes will be tough.

Jim Gray
Gray

“I have no illusions about it being a challenging race,” he told the Lexington Herald-Leader, “but I’ve got the experience and I’ve got the record. That experience is in the private sector, in building a family business.”

In the race to the senate, Gray, 62, joins other well-heeled candidates who’ve run on business bona fides, including Gov. Matt Bevin and White House hopeful Donald Trump. Gray’s first financial disclosure report, filed last month, offers a glimpse at that record.

The April 15 report covers the period extending back to the start of 2015. As with all such reports candidates and office holders must file annually, Gray’s assigns only a range of values for his family’s business, real estate and stock holdings. An individual stock, for example, may be valued at between $15,001 and $50,000 — the value Gray gave to his investment in the biotech giant Amgen. What’s more, it’s a point-in-time view; there’s no way to know the value of any of the assets today, nor whether they’re even still owned.

Still, Gray’s report offers a revealing snapshot of his family’s more big-ticket assets:

  • Gray Inc.: valued between $5 million and $25 million
  • Gray Realty commercial property: $1 million to $5 million
  • Woodford Realty commercial property: $250,000 to $500,000
  • Visual and Antiquity Investments, which consists of contemporary paintings, sculptures, mixed media and rare books: $1 million to $5 million. The report doesn’t say whether this is a private collection or commercial venture

The report also lists stocks and other investment securities, with a combined value between $1.8 million and $4.1 million. The portfolio includes a mix of technology stocks (Apple and Facebook); pharmaceuticals (Bristol-Myers and Merck, in addition to Amgen) and consumer goods (Starbucks and Walt Disney). A partial list:

Gray portfolio medium

Finally, Gray also reported annual wages of $160,000 as mayor, and $125,000 from Gray Inc., where he’s non-executive board chairman.

Related: Watch Gray’s “American Dream” campaign video about saving the family business.

Travel

Louisville to France: an $88,000 Memorial Day Weekend in a sunny place for shady people

An occasional look at premium travel from Louisville.

Memorial Day Weekend is upon us, and we’ve decided to inaugurate the start of summer with a beach vacation — to Monte-Carlo! No, not that tacky hotel in Las Vegas. We mean the glittering jewel of the French Rivera, made famous by the late Princess Grace, and the occasional ne’er-do-wells who’ve made it a sunny place for shady people.

The weekend weather forecast is mostly sunny, with a high only touching 80 degrees. Here in Louisville, it’ll be closer to 90. Here’s our itinerary.

When: May 26-31. Airline: Delta. Route: Louisville to Atlanta to Amsterdam to Nice, then a 40-minute drive to Monte-Carlo. How much: $13,724 per person airfare for a mix of economy and business class. About 15 hours 30 minutes flight time with layovers. Delta reservations.

What better place to stay in Monte than the Diamond Suite Penthouse at the Hotel Hermitage? It promises three bedrooms, three bathrooms, a children’s playroom — and two terraces, with drop-dead views of the yacht-swollen harbor (photo, top). Best of all, Larvotto Beach is just a six-minute ride along seaside Avenue Princesse Grace.

Gustave teddy bearHow much for the suite? A steal at $18,523 a night. Of course, this doesn’t cover various optional enhancements that include a $51 Gustave teddy bear made exclusively for younger guests (photo, left). We do the math so you don’t have to: four nights would cost $74,092. Here’s one of the penthouse suite’s terraces:

Terrace