Semi-monthly news and updates about the homes, people, businesses and communities that are featured in Lake Washington 130 Homes. This covers the Lake Washington waterfront in Seattle’s Madison Park, Denny-Blaine and Madrona neighborhoods, Mercer Island, and The Eastside communities of Bellevue, Medina, Hunts Point and Yarrow Point.
(The above home belongs to Charles Simonyi. See 5/31/11 post.)
Showing posts with label McCaw Cellular. Show all posts
Showing posts with label McCaw Cellular. Show all posts

Wednesday, February 13, 2013

Paul Ryan at McCaw Family’s Hunts Point Compound


Vice Presidential Candidate Paul Ryan attended fund raisers in Hunts Point and Medina on September 10, 2012. The $1,000 per person afternoon reception was at the McCaw family’s compound and hosted by Bruce and Jolene McCaw. The Seattle Times reported the two-hour event was attended by more than 200 people. Ryan gave a speech on economic issues and higher paying guests received photos of themselves with Ryan.
The McCaw family purchased the compound in 1999 from Kenny G (4/30/12 post below) in a private transaction estimated at more than $20 million. The two mansions have 15,810 sq ft on 4.3 acres with 327 feet of waterfront, 8 bedrooms and 10.5 baths. Craig and Susan McCaw and their family were (and maybe still are) living here.
Craig was the leader or the world famous McCaw brothers, Bruce (1946- ), Craig (1949- ), John (1951- ) and Keith (1953-2002). Keith and John formerly lived in Madison Park and Bruce sold his Medina Groat Point estate in 2011 (2/13/11 post) and may have moved here. The brothers were the pioneers of the cellular phone industry and sold their company, McCaw Cellular, for $11.5 billion in 1994.
The evening $25,000 per couple event was at undisclosed location in Medina. An earlier in the year event for Mitt Romney (12/29/12 post) was held at the mansion of Peter Neupert, a former Drugstore.com and Microsoft executive. He hosted a similar event in the 1990s for President George W. Bush. Neupert’s mansion is on Evergreen Point Road south of Bill Gates’ campus but not on the water. The mansion is 8,000 sq ft on 5.4 acres which is one of the largest lots in Medina.

Monday, April 30, 2012

Kenny G returns home to Seattle


Craig McCaw’s – formerly Kenny G’s – Hunts Point Home

Kenny G (Gorelick) returned home last week for eight performances at Seattle’s Jazz Alley. A review of his performances was in The Seattle Times on 4/27/12.

He used to live on the Hunts Point property, with two mansions, pictured above. He was born in Seattle and went to Franklin HS where he played in the jazz band and played on the golf team. He is now one of the top celebrity amateur golfers. On summer evenings when he lived in Hunts Point he would sometimes sit on the end of the dock and play his saxophone. His beautiful music would resonate throughout the cove.
Kenny G won the 1994 Grammy Award for Best Instrumental Composition Forever in Love. He is best known for his saxophone playing. He is the best selling instrumentalist in the world with over 70 million singles and albums sold. His album Breathless sold 12 million copies. Songbird was his first number one singles hit in 1986. His other popular singles include Forever In Love, Sentimental, Silhouette and The Wedding Song. He composes and writes most of his songs along with songs for others.
This property is now the home (LW 130 Homes page 152 and 153) of Craig and Susan McCaw. It was purchased in 1999 from Kenny G in a private transaction estimated at more than $20 million. The two mansions have 15,810 sq ft on 4.3 acres with 327 feet of waterfront, 8 bedrooms and 10.5 baths.
Susan is a former U.S. Ambassador to Austria. Craig was the leader or the world famous McCaw brothers, Bruce (1946- ), Craig (1949- ), John (1951- ) and Keith (1953-2002). Keith and John formerly lived in Madison Park (4/16/12 LW Cruising post) and Bruce recently sold his Medina estate (2/13/11 post). The brothers grew their deceased (1969) father’s, Elroy’s, businesses into the 20th largest cable carrier in the U.S. In the early 1980s they started in the fledging cellular phone industry. They founded Kirkland-based McCaw Cellular Communications, Inc. in 1984. In 1986 they sold the cable business for $750 million and bought MCI’s wireless operations for $122 million. McCaw Cellular went public in 1987 raising $2 billion. In 1994, with Craig as CEO, McCaw Cellular was sold to AT&T for $11.5 billion. Following the sale Craig’s net worth was $2.6 billion and each of the brothers’ was slightly less.
Kenny G is a friend of the McCaw families and performs at family weddings and other events. It is rumored that he stays in the 4,760 sq ft guest house in the lower left (partially obscured by trees) of the bottom picture when he is in the Seattle area. After selling the Hunts Point property he purchased a Malibu, CA compound on the oceanfront from actor Leonardo DiCaprio.