The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC. COM 00287Y109 59,150 705,965 SH   SOLE   0 0 0
AERCAP HOLDINGS NV SHS N00985106 36,118 632,530 SH   SOLE   0 0 0
ALLERGAN PLC SHS G0177J108 105,924 279,914 SH   SOLE   0 0 0
ALTRIA GROUP INC. COM 02209S103 65,450 1,073,106 SH   SOLE   0 0 0
ANHEUSER-BUSCH INBEV SPN ADR SPONSORED ADR 03524A108 27,251 181,095 SH   SOLE   0 0 0
APPLE INC. COM 37833100 129,108 825,469 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY CL. A CL A 84670108 255 1 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC. CL B CL B NEW 84670702 933 5,495 SH   SOLE   0 0 0
BROADCOM CORP. CL 'A' CL A 111320107 21,890 340,915 SH   SOLE   0 0 0
CAESARSTONE SDOT-YAM LTD ORD SHS M20598104 1,291 15,110 SH   SOLE   0 0 0
CARMIKE CINEMAS INC. COM 143436400 4,995 150,920 SH   SOLE   0 0 0
CINEDIGM CORP. COM 172406100 19 21,351 SH   SOLE   0 0 0
COMCAST CORPORATION 'A' CL A 20030N101 53,246 709,987 SH   SOLE   0 0 0
COTT CORPORATION COM 22163N106 12,139 995,357 SH   SOLE   0 0 0
CVS HEALTH CORP. COM 126650100 57,233 437,610 SH   SOLE   0 0 0
DELTA AIR LINES INC. COM NEW 247361702 69,138 1,349,631 SH   SOLE   0 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 26,567 369,736 SH   SOLE   0 0 0
DXJ UB $55.22 CALL 01/20/17 CALL 97717W901 2,563 3,000 SH   SOLE   0 0 0
ECOLAB INC. COM 278865100 3,042 21,575 SH   SOLE   0 0 0
ENTRAVISION COMMUNICATIONS 'A' CL A 29382R107 3,031 295,370 SH   SOLE   0 0 0
EXXON MOBIL CORPORATION COM 30231G102 2,653 25,569 SH   SOLE   0 0 0
FREESCALE SEMICONDUCTOR LTD BM SHS G3727Q101 10,929 219,260 SH   SOLE   0 0 0
GOLD FIELD LTD SPONS ADR SPONSORED ADR 38059T106 58 14,300 SH   SOLE   0 0 0
GOOGLE INC. CL 'A' CL A 38259P508 70,090 104,079 SH   SOLE   0 0 0
GOOGLE INC. CL 'C' CL C 38259P706 11,055 17,032 SH   SOLE   0 0 0
HEICO CORP- CLASS A CL A 422806208 36,717 579,957 SH   SOLE   0 0 0
HOME DEPOT INC. COM 437076102 5,866 42,330 SH   SOLE   0 0 0
HOMEAWAY INC. COM 43739Q100 1,433 36,920 SH   SOLE   0 0 0
HONEYWELL INTERNATIONAL INC. COM 438516106 10,685 84,033 SH   SOLE   0 0 0
INGERSOLL-RAND PLC SHS G47791101 3,619 43,046 SH   SOLE   0 0 0
ISHARES TIPS BOND ETF TIPS BD ETF 464287176 221 1,580 SH   SOLE   0 0 0
JP MORGAN CHASE & CO. COM 46625H100 9,763 115,547 SH   SOLE   0 0 0
KINGSWAY FINANCIAL SERVICES COM NEW 496904202 1,489 200,000 SH   SOLE   0 0 0
L BRANDS INC COM 501797104 1,526 14,276 SH   SOLE   0 0 0
LANNETT CO INC COM 516012101 3,233 43,618 SH   SOLE   0 0 0
LENNAR CORP. CL A CL A 526057104 3,825 60,095 SH   SOLE   0 0 0
LIONS GATE ENTERTAINMENT CORP. COM NEW 535919203 1,137 24,610 SH   SOLE   0 0 0
MADISON SQUARE GARDEN $75 CALL CALL MSG0815C7 571 500 SH   SOLE   0 0 0
MADISON SQUARE GARDEN CO-A CL A 55826P100 128,990 1,238,948 SH   SOLE   0 0 0
MASTERCARD INC-CLASS A CL A 57636Q104 64,559 553,823 SH   SOLE   0 0 0
MEDTRONIC PLC SHS G5960L103 2,421 26,195 SH   SOLE   0 0 0
MELCO CROWN ENTERTAINMENT ADR 585464100 14,198 580,000 SH   SOLE   0 0 0
MOODY'S CORP COM 615369105 75,204 558,607 SH   SOLE   0 0 0
NORTHSTAR ASSET MGT CORP. INC. COM 66705Y104 68,297 2,962,077 SH   SOLE   0 0 0
NORTHSTAR ASSET MNGT $20 CALL CALL 66705Y904 225 1,500 SH   SOLE   0 0 0
NORTHSTAR REALTY FINANCE CORP COM NEW 66704R704 38,092 1,921,153 SH   SOLE   0 0 0
NOVARTIS AG-ADR SPONSORED ADR 66987V109 29,444 240,100 SH   SOLE   0 0 0
NOVO NORDISK A/S ADR ADR 670100205 34,826 510,000 SH   SOLE   0 0 0
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 91,512 1,379,943 SH   SOLE   0 0 0
PFIZER INC. COM 717081103 263 6,296 SH   SOLE   0 0 0
PINNACLE FOODS INC COM 72348P104 54,030 951,419 SH   SOLE   0 0 0
PRECISION CASTPARTS CORP. COM 740189105 41,601 166,912 SH   SOLE   0 0 0
PREMIER INC. 'A' CL A 74051N102 6,588 137,366 SH   SOLE   0 0 0
REINSURANCE GROUP OF AMERICA A COM NEW 759351604 1,997 16,879 SH   SOLE   0 0 0
ROYAL DUTCH SHELL PLC-ADR SPON ADR A 780259206 12,143 170,800 SH   SOLE   0 0 0
RYANAIR HLDGS PLC-SP ADR SPONSORED ADR 783513104 48,118 540,810 SH   SOLE   0 0 0
S&P DEPOSITARY RE $205 PUT 07/ PUT 78462F953 843 2,550 SH   SOLE   0 0 0
S&P DEPOSITARY RE $205 PUT 08/ PUT 78462F953 695 1,250 SH   SOLE   0 0 0
S&P DEPOSITARY RE $206 PUT 08/ PUT 78462F953 1,788 3,000 SH   SOLE   0 0 0
S&P DEPOSITARY RE $208 PUT 08/ PUT 78462F953 2,848 4,100 SH   SOLE   0 0 0
SABRE CORP COM 78573M104 7,760 261,480 SH   SOLE   0 0 0
SAN JUAN BASIN ROYALTY TRUST UNIT BEN INT 798241105 335 25,000 SH   SOLE   0 0 0
SIBANYE GOLD LTD SPON ADR W/I SPONSORED ADR 825724206 123 15,225 SH   SOLE   0 0 0
SPDR DOW JONES REIT ETF DJ REIT ETF 78464A607 230 2,185 SH   SOLE   0 0 0
SPDR S & P BANK ETF S&P BK ETF 78464A797 629 13,900 SH   SOLE   0 0 0
TEEKAY CORP $40 CALL 10/16/201 CALL Y8564W903 293 500 SH   SOLE   0 0 0
TEEKAY CORP. COM Y8564W103 7,325 137,175 SH   SOLE   0 0 0
THE BLACKSTONE GROUP LP COM UNIT LTD 09253U108 2,051 40,240 SH   SOLE   0 0 0
TIME WARNER INC. COM NEW 887317303 17,178 157,593 SH   SOLE   0 0 0
T-MOBILE US INC. COM 872590104 102,525 2,120,620 SH   SOLE   0 0 0
TORO CO COM 891092108 1,984 23,467 SH   SOLE   0 0 0
TOTAL SA SPON ADR SPONSORED ADR 89151E109 22,993 375,000 SH   SOLE   0 0 0
TWENTY-FIRST CENTURY FOX INC CL A 90130A101 15,742 387,892 SH   SOLE   0 0 0
UBS AG - REG SHS H42097107 26,965 1,020,000 SH   SOLE   0 0 0
VANGAURD FTSE ALL-WORLD ALLWRLD EX US 922042775 202 3,335 SH   SOLE   0 0 0
VERISK ANALYTICS INC. COM 92345Y106 54,084 596,081 SH   SOLE   0 0 0
VRINGO INC COM 92911N104 28 41,000 SH   SOLE   0 0 0
WALT DISNEY CO. COM DISNEY 254687106 20,851 146,496 SH   SOLE   0 0 0
WCI COMMUNITIES INC COM PAR $0.01 92923C807 697 22,930 SH   SOLE   0 0 0
WELLS FARGO COMPANY COM 949746101 52,032 741,923 SH   SOLE   0 0 0
WP GLIMCHER INC COM 92939N102 1,312 77,780 SH   SOLE   0 0 0
WYNN RESORTS LTD. COM 983134107 20,346 165,356 SH   SOLE   0 0 0