
Photo: Patrick McMullan
Publicity didn’t always work for Stein. Years ago, she lost Madonna as a client when a photograph of them looking at co-ops appeared on the front page of the New York Post (Madonna was rejected by the board at the San Remo). "Page Six" once put her in “publicity rehab” after she got another columnist to, tongue-in-cheek, imply she was romantically linked to its editor, Richard Johnson. In 1996, she was fired from Sotheby's International Realty after commenting for a story in the Times about rich men, like David Geffen and Ronald Perelman, who buy townhouses and never move into them (“It’s amazing these guys can ever make a business decision,” she said).
But she kept bouncing back, selling Donna Karan her ex-husband Seymour’s apartment at 55 Central Park West and cultivating hip-hop elites like Damon Dash. Steven Gaines devoted an entire chapter to her in his 2005 book The Sky’s the Limit, about Manhattan real estate. “Sometimes this broker to the stars thing is not all it's cracked up to be,” she told Gaines. “Sometimes, I think I have more hype than commissions. People are impressed that my clients are movie stars, but what they don’t realize is that in the long run it doesn’t matter if your client is a movie star or a dog. What matters is closing the deal.”
She was the mother of two daughters, Mandy and Samantha, and had raised millions of dollars for breast cancer, which she had overcome twice. But most people would know her as the inspiration for the name-dropping real-estate agent in Wall Street played by Sylvia Miles and the sexually predatory record-company executive in the movie 54 played by Sela Ward. —Carl Swanson
Read Michael Gross's 1991 Linda Stein profile for New York Magazine here.
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