Price Cuts at Palazzo Chupi
♦ Julian Schnabel has slashed the price of the triplex penthouse atop the Palazzo Chupi (left) in the West Village. The apartment is now $24 million instead of $29.5 million. [NYP, Corcoran]
♦ Art dealer Dominique Lévy and her partner, producer Dorothy Berwin, paid $12 million for a six-bedroom duplex at 170 East End Ave. Their new neighbors will include Mets pitcher Johan Santana and Vornado president Michael Fascitelli. [Real Deal]
♦ The former head of Lehman's mortgage banking group, Kurt Locher, paid $5.25 million for a five-bedroom apartment at 500 West End Avenue. Meanwhile, his former apartment at 1165 Park is still on the market for $2.495 million. [NYO]
♦ Tom Brady has dropped the price of his 65th-floor apartment in the Time Warner Center by $540,000. It's now $17.75 million. [NYP, Prudential Douglas Elliman]
♦ Cosmetics entrepreneur Adrien Arpel and her husband Ronald Newman paid $5.9 million for a 10th-floor co-op at 900 Fifth Avenue. [NYP]