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• Joseph Azrack, the former head of Citigroup's real estate investment group and now a partner at Leon Black's Apollo Management, has picked up the townhouse at 24 West 11th Street. The 6,250-square-foot property (left), which first went on the market last September for $17.5 million, had been listed most recently for $14.9 million. (Curbed has photos and a floorplan here.) [NYP]
• Tony Margolis, who retired as CEO of the Tommy Bahama Group in 2008, has dropped the price of his eighth-floor apartment at 1010 Fifth Avenue for the third time since listing it in January 2008 for for $11.995 million. The three-bedroom co-op can now be yours for $9.95 million. [Cityfile, Sotheby's]
• Nancy Rutter, a former reporter for Forbes and the ex-wife of Netscape co-founder Jim Clark, has paid $3.55 million for a penthouse apartment at 230 East 73rd Street. [Cityfile]

• Tony-winning composer Adam Guettel has reportedly closed on a four-bedroom apartment at the Osborne on West 57th Street. The 3,000-square-foot apartment, which is being sold by clothing-store scion Marcy Syms, was most recently listed for $3.495 million. [NYP]
• Former Jets star Curtis Martin is rumored to be reconsidering the penthouse triplex at One Brooklyn Bridge Park. The apartment, which Martin reportedly first looked at two years ago, is on the market for $7.25 million. [NYP]
• Bernie Madoff's East 64th Street penthouse is one step closer to hitting the market. Sotheby's brokers Anne Corey and Serena Boardman have reportedly been picked to list the spread, which you can see more of here. [NYO]