• G. Kelly Martin, CEO of the drugmaker Elan and the former president of Merrill Lynch's International Private Client Group, has lowered the price of his duplex at 1040 Fifth Avenue. The 10-room spread, which Martin and wife Elizabeth Ann paid "between $2 million and $2.5 million" to acquire back in 1994, originally went on the market for $12.9 million in February. It's now listed at $10.2 million. [Cityfile, Real Deal, Corcoran]
• Calypso founder Christiane Celle and her husband, photographer Antoine Verglas, have cut the price of their penthouse at 129 Lafayette Street for the third time in three months. The four-bedroom apartment, which went on the market for $13.99 million in January, was cut to $11.99 million in March and then reduced to $10.65 million in May. It's now priced at $9.65 million. [Cityfile, Corcoran]
• Renée Zellweger has reportedly moved out of 240 Central Park South and is now planning to move to a brownstone on the Upper East Side. [P6]
• Rumor has it Billy Joel may be buying two of the three townhouses currently under construction at 26 Downing Street. [Curbed]

Serial flipper Edgar Bronfman Jr. has sold his 11-room apartment at 1040 Fifth Avenue for $21 million, according to property records published today. That's $1.5 million more than he paid for the place back in January of this year, but $3 million less than what he was originally seeking for the apartment when he first put it on the market. The buyer is Thomas D. Lehrman and his wife Marjorie. Lehman co-founded of the upstart Wall Street research firm Gerson Lehrman. A floorplan of the apartment after the jump. [Cityfile]

• A couple of days ago, people were wondering when Bill and Tina Flaherty's penthouse apartment at 1040 Fifth Avenue would hit the market and how much the listing price would be. (It was expected to be upwards of $30 million.) Now we have the answer: It's listed with Corcoran's Leighton Candler for $43 million. [Cityfile]