• A month after it was reported that Bernie Madoff's Montauk home had gone into contract, an unidentified buyer has closed on the purchase of the oceanfront manse. The five-bedroom, 3,000-square-foot home, which had been listed for $8.75 million, ended up selling for $9.41 million. [ABC, NYDN]
• Writer/director John Ridley has finally unloaded his condo at 15 Central Park West. The 2,237-square-foot pad, which Ridley bought for $6.65 million in July 2008 and listed for $13 million just a few days later, has sold for $8 million to a company listed in property records as Moral Hole LLC. [Cityfile]
• Oil exec Tom Edelman has placed his 11-room apartment at 770 Park Avenue back on the market, albeit for quite a bit less than when he last put it up for sale a year and a half ago. The eighth-floor co-op, which Edelman listed for $16.75 million after picking up a bigger apartment at 775 Park, is now being offered for $11 million with Brown Harris Stevens' John Burger. [NYT, BHS]
• Late fashion designer Abbijane Schifrin's former townhouse at 141 East 19th Street has gone on the market. The five-story manse, which is currently divided into two units, is listed for $8.75 million. [NYT, Sotheby's]

Hassan Nemazee, the banker and Democratic mega-fundraiser who was charged yesterday with forging financial documents to get Citibank to give him a $74 million loan, got to leave prison today. And just like Marc Dreier and Bernie Madoff before him, he'll be under house arrest from now on, confined to a $20 million, 14th floor co-op at 770 Park Avenue. The terms of Nemazee's release are pretty strict: The $25 million bail package requires him to pledge his Park Avenue apartment and house in Katonah as collateral; he'll be monitored round the click via electronic bracelet; and the judge also banned him from using computers, the Internet, or getting a new cell phone. (What's he going to do all day? God only knows.) Prosecutors argued for the tough terms because they said Nemazee is a flight risk, and by the looks of it, the judge was inclined to agree. But that's where you come in! The apartment next door to Nemazee's is up for sale. Maybe you want to move in and keep an eye on him? We can't say so for sure, but prosecutors might be willing to cut you a break the next time jury duty rolls around if you step up and perform the valuable service. A couple of pics and a floor plan of Apt. 14B are below.