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  • Joanna Shields, who served as president of Bebo before its acquisition by AOL (and now serves as president of AOL People Networks), picked up a two-bedroom duplex at 31 West 16th for $2.175 million. The 1,700-square-foot apartment features 16-foot ceilings, a suspended wood-and-steel staircase, and an outdoor garden. [Cityfile]
  • Two months after he went into contract on a triplex at 3 East 75th Street, James Chanos has closed on the property. The 7,800-square-foot estate had been on the market for $24.85 mil. with Paula Del Nunzio. Chanos paid $20.365 mil. [Cityfile]
  • Justin Long paid $1.999 million for a three-bedroom, Spanish-style home in Los Angeles. It's his second major real estate purchase in just the past few months: Back in July, he picked up a pad on the LES for $2.425 million. [Real Estalker]
  • Chad Pennington's mansion in Muttontown, NY (see photos) has gone into contract for "close" to the $3.995 million asking price. [Newsday]