• Billionaire hedge fund manager Dan Och has sold his penthouse condo 15 Central Park West. Sort of. The apartment, which had been owned by a trust in his wife's name until now, was sold yesterday to DAAJJ, LLC, a company that happens to be controlled by Och. A bit of year-end tax planning? A separation of assets? The jury's out on this one. [Cityfile]
• The former co-op of Edythe Acquavella—the late wife of Upper East Side gallery founder Nicholas Acquavella and mother of Bill Acquavella—has sold. The three-bedroom apartment at 31 East 79th Street, which first went on the market for $3.75 million last year, sold for $2.9 million. [Cityfile]