• It looks like Gwyneth Paltrow's Amagansett property is about to get a bit bigger. A trust in her late father's name paid $2.8 million last month for 2.32 acres of land that just so happens to be adjacent to properties already owned by Gwyneth and her mom, Blythe Danner. [Newsday]
• Apollo Real Estate partner Lee Neibart, who paid $7 million for a 16th-floor condo at 15 CPW earlier this month, has already re-listed the three-bedroom pad. It's now on the market for $8.2 million. [Cityfile, BHS]
• The 13-bedroom, Georgian-style mansion at 152-156 East 81st Street, which was listed for $45 million in October, is now available at a discount. The 12,000-square-foot manse is now a mere $42 million. [Cityfile, Sotheby's]

• Goldman Sachs co-president Jon Winkelried (left) has cut the price of his waterfront mansion in Nantucket. Originally purchased for $7 million in 1999, Winkelried put the home on the market for $55 million in October 2008. He's now lowered the price to $38.5 million. [WSJ]
• A. Robert Towbin, a managing director at Stephens and the former co-chairman of C.E. Unterberg, Towbin, has sold his 2.5-acre property on West End Road in East Hampton for $26.5 million. That's $11 million less than what it was first listed for back in mid-2007. [WSJ]
• Brooke Astor's former duplex at 778 Park, which has yet to sell despite a substantial price cut—it was first listed at $46 million before the price was reduced to $34 million in October—has been pulled off the market. The listing should resurface with Kirk Henckels as the new broker. [NYO, Curbed]

• Lee Neibart, a senior partner at William Mack's Apollo Real Estate Advisors, and his wife Joyce, have paid $7 million for a three-bedroom apartment on the 16th floor of 15 Central Park West. [Cityfile]
• That was quick. James Nicholson, who paid $27 million for John and Lauren Veronis' Meadow Lane home earlier this month, has already put the property back on the market. It's now listed at $33 million, believe it or not. [Newsday, Sotheby's]
• Journalist Cathleen Trigg-Jones and her husband, plastic surgeon Michael Jones, have listed their 10-bedroom townhouse at 430 West 147th Street for $4 million. [NYP, PDE]

When real estate broker-to-the-stars Linda Stein was murdered in 2007, her "posh" 18th-floor condo at 965 Fifth Avenue was valued at $2.5 to $4.0 million. Oh, what a vicious homicide and recession will do to property prices. When the apartment was finally sold in August 2008, it went for just $1.045 million. Five months later, the condo is back on the market, but it's now being marketed as "staff quarters," a $1.8 million optional accessory to a $19 million penthouse in the building that's also up for sale. And you were thinking the lesson of the Linda Stein saga was to keep the help as far away from your apartment as possible. [Curbed]

• Want to share an elevator with Rupert Murdoch? Today is your lucky day. Les Wexner, the CEO of Limited Brands (and onetime mentor to Jeffrey Epstein), has "discreetly" listed his five-bedroom apartment at 834 Fifth Avenue for $60 million with brokers Serena Boardman and Larry Kaiser. Wexner and his wife Abigail originally purchased the co-op in "fixer-upper" condition for $9 million back in 1997. [NYO]
• Christopher Pesce, a managing director at Steve Schwarzman's Blackstone Group and the former global head of prime brokerage at Bank of America, has paid $6.3 million for a condo at 101 Warren Street in Tribeca. [Cityfile]
• Who says the Hamptons real estate market is dead? John Veronis, a co-founder of the boutique merchant bank Veronis Suhler Stevenson, has sold his six-bedroom, oceanfront home on Meadow Lane in Southampton for $27 million. [Newsday]

One more member of the Madoff family who probably won't be attending the next family reunion: Bernie Madoff's nephew, Charles Wiener, who is now selling his ranch-style home in Centerport for $1.4 million. Wiener, whose mother Sondra is Bernie's sister, purchased the home with his wife Carolyn in 2002 for $800,000. Now that Charles is unemployed—he worked for his uncle's investment firm as director of administration—and he's experienced a "devastating financial loss," he's been forced to sell the home. He didn't indicate where the couple is planning to move next. Given Wiener's mother was a victim, too, and he described his uncle to the Post as "rotten," we'll assume crashing at 133 East 64th Street isn't an option. Photos of the home after the jump.

• The 7,000-square-foot penthouse duplex at 1020 Fifth Avenue that's been on and off the market in recent years and was most recently priced at $46.5 million, has undergone a price cut. The five-bedroom spread, owned by heirs to the Kress retail fortune, is now listed at $39 million. [Cityfile, Corcoran]
• Wesley Vultaggio, who works at AriZona, the beverage company his father co-founded, has paid $6 million for a apartment at 47 Mercer Street. [Cityfile]
• Umberto Arpaia, the chef/owner of Cellini in Midtown and brother of fellow restaurateur Donatella Arpaia, paid $4.85 million for an 18-foot-wide townhouse at 242 East 68th Street. [Cityfile]

You're going to be shocked to hear this, but it turns out lots of Wall Streeters are looking to sell their lavish, eight-figure homes, a process that isn't quite so easy given the state of the economy. Today's Wall Street Journal has details on a collection of former high-flyers at Lehman and AIG who are now (desperately) looking for offers. But not everyone is moving out because they're suffering! It's unlikely any one in New York is making more money right now than John Paulson, the hedge fund mogul who bet against the housing market and won big. (He'll probably continue to rake it in: Just today he announced plans to launch a new distressed investment fund.) Just in case you're still sitting pretty—or you're playing the lottery this weekend and you're an optimist by nature—you'll find details on four of the homes after the jump.

• Art collector Roy Judelson, the son of Gulf & Western co-founder David Judelson, and his wife Mary have sold their six-bedroom townhouse at 113 East 78th Street for $12.46 million, three months after paying $10.5 million for a smaller apartment a few blocks away. The 5,500-square-foot, five-floor residence, which originally went on the market for $17.5 million back in June, was purchased by a family trust controlled by Jim and Michael Peterson, sons of billionaire Blackstone co-founder Pete Peterson. The floorplan is after the jump. [Cityfile]
• The 5,000-square-foot Greenwich home that appeared in the 2006 movie The Good Shepherd is on the market for $11.995 million. It was originally listed for $13.25 million in September. [WSJ, Sotheby's]

• The art gallery Plane Space has taken $1 million off the price of its townhouse at 102 Charles Street (left). The 5,760-square-foot space is now listed at $9.6 million. [Cityfile, PDE] (Update: This item originally listed the owner as Andrea Soros Colombel, the philanthropist daughter of George Soros. A rep for Ms. Soros tells us she no longer owns the townhouse, having sold it to Plane Space several years ago.)
• The longtime home of Baroness Jacqueline de Gunzburg, who passed away in September, has hit the market. The five-bedroom apartment at 960 Park Avenue has an asking price of $10.95 million. [Cityfile, Stribling]
• Wanna live in the same building as Jamie Dimon? Furniture designer Vladimir Kagan and his wife Erica Wilson have put their 3,840-square-foot co-op at 1185 Park Avenue on the market for $8.75 million. [NYP, Corcoran]

It took close to a year, but John Leguizamo and his wife Justine have finally unloaded their four-bedroom apartment at 45 Gramercy Park North. The 11th-floor spread, which the couple purchased in 2004 and first listed in January 2008 for $5.85 million, was sold for $3.65 million to Samuel and Elizabeth White. Photos of the apartment and a floorplan after the jump!

• Philanthropist and Democratic fundraiser Fern Hurst has put her fifth-floor, 13-room co-op at 1060 Fifth Avenue (left) on the market. It can be yours for $24 million. [Cityfile, Warburg]
• Cristina de Heeren Noble, the daughter of Wanamaker department store heir Rodman de Heeren, has paid $15 million for a 6,255-square-foot penthouse apartment at 1200 Fifth Avenue. [Cityfile]
• Textile heiress/artist Bokara Legendre, who paid $8.1 million for an apartment at 1035 Fifth Avenue back in June, has sold her former residence at 935 Park for $3.625 million. [Cityfile]

• Guy Metcalfe isn't having much luck flipping the apartment at 15 CPW he purchased in October for $9.35 million. Two weeks after closing on the second-floor unit, the Morgan Stanley exec put the apartment on the market for $16.5 million, cutting it down to $13.75 million in December. Now Metcalfe is chopping again: The pad is currently listed at $12.5 million. [Cityfile, Corcoran]
• Jason Capello, a partner until 2007 at Dwight Anderson's (now-doomed) hedge fund, Ospraie Management, has sold his 72nd-floor condo at the Time Warner Center for $16.25 million. [Cityfile]
• Hedge funder Steven Stuart, who left Fortress to co-found the Garrison Investment Group in 2007, has taken $1 million off the price of his 35th-floor apartment at the Park Laurel on West 63rd Street. The four-bedroom spread is now listed at $9.8 million. [Cityfile, Corcoran]

This isn't the easiest time to sell an apartment at the Plaza what with all the bad press and lawsuits, but Guy Wildenstein is giving it his best shot. The president of Wildenstein Galleries (and ex-brother-in-law of Jocelyne) first put the 8,033-square-foot former Frank Lloyd Wright Suite on the market in September for $46.5 million, a few weeks before plunking down $32.5 million on William F. Reilly's 9,250-square-foot townhouse at 7 Sutton Square. Now, after languishing on the market for four months with broker Carrie Chiang, Wildenstein has slashed the price of his Plaza spread by $4.1 million. It's now down to the bargain basement price of $42.4 million. You can take a look at the floorplan after the jump.

• Investment banker E. Stephen Benson has lowered the price of his penthouse apartment at 885 Park Avenue for the third time since first listing it for $13 million in early 2008. The two-bedroom pad, which includes a library, chef's kitchen, and wrap-around terrace (left), is now listed with Serena Boardman for $9.5 million. [Cityfile, Sotheby's]
• Andrew Weinberg, an exec at the private equity firm Lindsay Goldberg, has paid $8.35 million for a 14th-floor apartment at 170 East End Ave. [Cityfile]
• Lizz Winstead, the co-creator of The Daily Show, has paid $700,000 for a renovated loft on Atlantic Avenue in Boerum Hill. [NYT]
• Victoria Gotti has lowered the price of her Old Westbury mansion to $3.2 million, just weeks after listing it for $3.5 million. [Newsday, Laffey]

Something tells us we'll be seeing lots of lawsuits like this over the next few months. One Central Park West Property Limited, which controls the condo portion of the Trump International Hotel & Tower, has filed suit against a would-be buyer who agreed to buy a 29th-floor unit for $7.8 million, but backed out of the deal in December. A tanking real estate market isn't a justifiable reason for pulling out of a deal, of course, which may explain why the buyer, listed in court papers as Franpearl LLC, justified its decision by citing a sculpture, bar table, and coffee table that were mistakenly included on the condo's initial inventory list. The buyer initially requested, and was eventually granted, a $25,000 price cut because of the mix-up, but Franpearl later opted to abandon the purchase altogether. But because it's probably easier to just sue the buyer you thought you had rather than find a new prospect, 1CPW is now suing FranPearl and asking to not only keep its $780,000 deposit, but is asking a court to award damages, too. The full lawsuit after the jump.

• It's not just the Manhattan real estate market that's stressing out Alex Rodriguez: He's having difficulty selling his mansion in Coral Gables, too. The slugger has cut the price of the manse from $14.9 million to $12.3 million, which is just $300,000 more than what he and ex Cynthia paid for it in 2004. [WSJ, CB]
• Troy Roberts, a correspondent on CBS's 48 Hours, has paid $2.275 million for a two-bedroom apartment at 135 Watts Street in Tribeca. [Cityfile]
• Monster.com founder Andrew McKelvey has listed his 6,000-square-foot apartment in The Sovereign on East 58th Street for $7.9 million. [WSJ]

• Marquis Jets co-founder Jesse Itzler and his wife, Spanx CEO Sara Blakely, have closed on the sale of their 14th-floor pad at 15 Central Park West for $8.7 million. That's a million less than their asking price, but $200,000 more than what they paid for it last March. [Cityfile]
• Leo Tilman, who was Bear Stearns' chief institutional strategist before starting up his own advisory firm, has paid $3.5 million for a condo at Tribeca's 101 Warren Street. [Cityfile]
• Sameer Nath, who heads up M&A for Citigroup in India, paid $4.4 million for a penthouse apartment at 1 River Terrace in Battery Park City. [Cityfile]

• 50 Cent has dropped the price of his 19-bedroom, 51,000-square-foot Farmington, Conn., mansion by $4 million. It's now $14.5 million, just in case you've been looking for a home with a subterranean nightclub. [Daily Star, KWR]
• Barlas Baylar, the founder of Hudson Furniture, paid $3 million for a three-bedroom pad at 133 West 17th Street. [Cityfile]
• Texas-based banking CEO Kenneth Dubuque paid $3.5 million for a seventh-floor pied-à-terre at 124 East 84th Street. [Cityfile]
• Two apartments at the Plaza are now available for substantially less than their original purchase prices. [Real Deal, Halstead, Warburg]
• Fitness guru Lydia Bach has sold her Victorian-style home in Southampton for $6.5 million. [Newsday]

• Christopher Mahan, a managing director at the private equity firm AEA Investors, has sold his 15th-floor apartment at 140 East 63rd Street (left) for $8.4 million. [Cityfile]
• Peter Edge, the president of A&R at J Records, paid $4.4 million for a townhouse at 735 Washington Street in the West Village. [Cityfile]
• Daily Show executive producer David Javerbaum and his wife Debra have lowered the price of their two-bedroom apartment in Chelsea for the second time since listing it in July. It's now on the market for $1.7 million. [NYT, Core]