Bruce Wasserstein. Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker who helped negotiate some of the largest corporate takeovers in history, died Wednesday. Bruce Wasserstein’s estate Cranberry Dune is now embroiled in a tug-of-war. Pam Wasserstein insisted in a 2012 court affidavit that sharing Cranberry Dune with McCarthy and Sky “would be a source of unimaginable stress and trauma for my brothers and me.”, “We would rather sell these homes than live under those circumstances. Mr Wasserstein – known fondly as "Bid 'em up Bruce" – died four days after being admitted to hospital in New York with an irregular heartbeat. 573,610, This story has been shared 74,257 times. 67,116, © 2021 NYP Holdings, Inc. All Rights Reserved Bruce Wasserstein, chairman and CEO of financial advisory firm Lazard Ltd. and chairman of private equity firm Wasserstein & Co., has died after being hospitalized Sunday with an irregular heartbeat. McCarthy denied breaking in. Wasserstein, 61, was the chairman and chief executive of Lazard and had a home in Manhattan. The Wasserstein kids — adults Pamela, Ben and Scoop, and teenagers Jack and Dash — blame McCarthy for splitting up their family and accuse her of breaking into Cranberry Dune in the middle of the night when Sky was an infant, screaming “You’re dad’s a bastard” at his youngest sons, who were then not even 10. Mistress Erin McCarthy, who gave birth to the youngest child, Sky, in 2008 while Wasserstein was still married to his third wife, Claude, claims his other kids agreed to give Sky her share of the value of his properties in cash if she and the girl agreed never to visit the homes. Do Not Sell My Personal Information. It was originally reported that his condition was serious, but that he was stable and recovering. This story has been shared 573,610 times. The 11-year-old love child of late investment banker and New York magazine owner Bruce Wasserstein claims her five half siblings are trying to cheat her on the value of his Hamptons mansion as they divvy up his $2.3 billion estate. Can big tech float NYC's struggling leasing market? Bruce Wasserstein, who died Wednesday at age 61, was known as one of Wall Street’s most voracious dealmakers. Lazard's Bruce Wasserstein Dead At 61 : The Two-Way Bruce Wasserstein, the chief executive of Lazard Ltd. and one of Wall Street's biggest names, has died at the age of 61. Bruce Wasserstein, the legendary Wall Street deal maker identified with an era of no-holds-barred takeover battles, has died at the age of 61. The precise cause of death had yet to be found. NEW YORK -- Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker who helped negotiate some of the largest corporate takeovers in … We've received your submission. Wasserstein began … McCarthy, who called Cranberry Dune “one of the finest personal residences in the Hamptons,” places the price tag closer to $160 million, according to Manhattan Surrogate Court papers she filed in May that ask a judge to resolve the dispute. Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker who helped negotiate some of the largest corporate takeovers in history, died Wednesday. "We are shocked and greatly saddened by the passing of Bruce Wasserstein,” the Lazard board of directors said in a statement. The cause of death has not been determined, a company spokeswoman said, though … ... Lucy Jane will live with Ms. Wasserstein's brother Bruce. Post was not sent - check your email addresses! The last major deal Mr Wasserstein had been working on was advising Kraft in its spurned approach to Cadbury, with Kraft’s board on Wednesday speaking of a “trusted advisor... [who] will be missed dearly.”, Bruce Wasserstein died four days after being admitted to hospital in New York, Britain's best country house hotels for a glorious spring break, Teenagers to be urged to test themselves for Covid under schools return plan, From Welsh 10s to French 9s - why countries fetishise their rugby shirts, Israeli drug that substantially alleviates serious Covid symptoms completes second phase trials. However, Wasserstein died in Manhattan three days later, on October 14, at the age of 61. Doug Kuntz. He was 61 years old. Wasserstein joined Lazard in 2002 and was charged with cleaning up the messy partnership and taking it public. He was hospitalized with an … The cause was complications of lymphoma, said André Bishop, the artistic director of Lincoln Center Theater. The cause of death could not be immediately learned, though he had been hospitalized earlier this week for what was described as an irregular heartbeat. Lazard announced Wasserstein s death in a statement on Wednesday, without giving a cause or saying when or where he died. Glory daze: Bruce Springsteen busted for DWI in New Jersey, Woman in Gorilla Glue hair horror may sue over ordeal, Britney Spears makes her first public statement on the new documentary, Mark Cuban's NBA team won't play national anthem anymore, Why Trump lawyer David Schoen covered his head with every sip of water, Erin McCarthy and her daughter Sky Wasserstein. He was 61. That would be a shame, since we have lost so much already as a result of [McCarthy’s] relationship with our father — our father’s time and attention before his death, our family togetherness, and our sense of safety following [McCarthy’s] break-in.”, But McCarthy insists Sky’s getting swindled as the trustees overseeing Wasserstein’s estate are “unable or unwilling to determine the fair market value of Cranberry Dune … [and] unwilling to treat Sky fairly.”. 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