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• Just four months after she won approval to tear down her Southampton home and build something bigger and better in its place, Tory Burch has put the Meadow Lane property on the market for $17.9 million. She has good reason to sell. In October, Burch went into contract to buy an even bigger property nearby for an estimated $45 million. [WSJ, Sotheby's]
• Barry Weiss, the music executive who replaced Clive Davis as the CEO of BMG in 2008, has picked up a new apartment. Weiss has paid $4.995 million for a penthouse at the Harrison at 205 West 76th Street. [Cityfile]
• Showtime chief executive Matt Blank has paid $11.2 million for a 10th-floor condo at the Superior Ink building at 400 West 12th Street. [Real Deal]
• Hedge fund mogul Bill Ackman may want to stick to finance in the future. On Tuesday night, Ackman personally auctioned off the guest suite he owns at The Majestic on Central Park West and ended up selling it for $320,000, just $20,000 above the minimum bid. [Curbed, previously]