• Suzanne Sheik, the jewelry designer and mother of singer Duncan Sheik, has dropped the price of her 7,000-square-foot townhouse at 132 East 62nd Street. The five-story building, which Sheik bought from the estate of late socialite Phyllis Cerf Wagner for $8.5 million in 2007 and first listed for $17.5 million last year, is now priced at $15.5 million. [Cityfile, Stribling]
• Hedge funder Anand Desai and his wife, Erica, have paid $12 million for a 17th-floor, 5,000-square-foot condo at 15 Madison Square North. [NYO]
• Real estate developer Elizabeth Rad has put her four-bedroom loft at 166 Duane Street up for sale again. The 4,800-square-foot spread has been on and off the market since 2007, and is now listed for $8.4 million. [Cityfile, SE]
• Harold Ford and his wife, Emily Threlkeld, are looking to unload their yellow-hued pad in the Flatiron district. The one-bedroom loft at 105 Fifth Avenue is listed with Kathy Sloane for $1.4 million. [Gawker, BHS]

• Jason Rabin, the apparel mogul who sold his company less than two months ago for $401 million, has now unloaded his duplex at 850 Park Avenue, too. Ten months after listing the five-bedroom, 5,600-square-foot apartment for $9.9 million, Rabin and his wife Nicole have sold it to Martha Stewart Weddings editorial director Darcy Nussbaum and her husband, attorney Andrew Nussbaum (left) for $6.225 million. [Cityfile]
• John McColgan and Moya Doherty, the husband-and-wife team behind "Riverdance," have sold their duplex penthouse at 1080 Madison Avenue, albeit for substantially less than they were hoping for when they first listed it for $10.5 million in July 2008. The four-bedroom pad sold for $5.85 million, or $4.65 million less than its original asking price. [Curbed]
• Jay McInerney has paid $1.4 million for a two-bedroom Sag Harbor cottage, which he plans to use as a "writer's retreat" and "children's playhouse." [NYP]

• J.R. "Pitt" Hyde III, the founder of the auto parts chain AutoZone, has paid $11.75 million for an eighth-floor, three-bedroom apartment at the Majestic on Central Park West. [Cityfile]
• Robert Meers, the former CEO of Reebok who has gone on to start the apparel company Lululemon Athletica and who runs Taryn Rose International, has purchased a 16th-floor condo at 15 Madison Square North with his wife Miriam Kelly for $3.8 million. [Cityfile]
• The Cove Neck mansion that used to belong to Grammy-winning producer Ric Wake has gone into contract. It was listed for $4.99 million. [Newsday]

• It looks like Abigail Disney has found a new apartment to replace the West End Avenue co-op she recently sold: The Disney heiress and her husband, Pierre Hauser, are paying $12.16 million for a 16th-floor apartment at 15 Madison Square North. [Cityfile]
• Writer/director John Ridley paid $6.65 million for a 2,237-square-foot condo at 15 Central Park West in July 2008, relisted it a few days later for $13 million, and then dropped the price to $9.995 million last December. Now he's cutting his asking price some more: The three-bedroom pad is currently listed for $8.5 million. [Cityfile, Corcoran]

• Lenny Kravitz has been trying to sell his penthouse at 30 Crosby Street for the past few years; most recently, he slashed the price of the loft from $18.75 million to $14.995 million. Is he now planning to give up entirely? Over the weekend, the listing for Kravitz's 6,000-square-foot pad (which used to be located here) was pulled down from the Corcoran website, although whether the rocker plans to try again with a new broker is anybody's guess. [Cityfile]
• Richard Gere and wife Carey Lowell aren't just trying to unload their apartment at Palazzo Chupi. They're looking to sell their farmhouse in Water Mill, too. The 1.2 acre estate, which includes a guesthouse, art studio, and pool, is currently listed at $8.8 million. [NYM]

• Writer/director John Ridley paid $6.65 million for a three-bedroom apartment at 15 Central Park West in July, relisting it just a few days later for $13 million. He seems to have had a reality check: He's dropped the price down to $9.995 million. [WSJ, Corcoran]
• Scott Kleinman, a partner at Leon Black's Apollo Management, has paid $5.8 million for a 20th-floor apartment at 15 Madison Square North. [Cityfile]
• Goldman Sachs managing director Tim Furey and his wife Catherine paid $3.145 million for a seventh-floor condo at 215 West 88th Street. [Cityfile]

• Jimmy Breslin and his wife, former City Council member Ronnie Eldridge, have paid $1.65 million for a 38th-floor apartment in Kent Swig's Sheffield 57, two months after selling their old condo on Broadway for $3.3 million. [Real Deal]
• John Clay, co-founder of the asset management firm Clay Finlay LLC, and his wife Jennifer, have paid $9.6 million for a 20th-floor apartment at 15 Madison Square North. [Cityfile]
• French exec Alain Bréau, currently the CEO of Mory Group, paid $2.08 million for a two-bedroom pied-à-terre at 200 East 66th Street. [Cityfile]

♦ Two months after buying a townhouse in Brooklyn, Barbara Corcoran has reportedly purchased two more multiple-residence brownstones in the borough. [Page Six]
♦ Highside Capital principal David Thomas and his wife, Economist correspondent Joanne Ramos, have paid $5.59 million for a four-bedroom condo in the Fischer Mills Building in Tribeca. [Cityfile]
♦ Gramercy Capital COO Bob Foley paid $3.5 million for an two-bedroom loft on the 18th-floor of 15 Madison Square North. [Cityfile]