buyers-sellers

50 Cent Re-Lists For Less

cityfile · 07/20/09 07:11AM

50 Cent has put his estate in Farmington, Conn. back on the market—for about $8 million less than what he was seeking two years ago when when he first listed it. The 51,000-square-foot house, which comes with 19 bedrooms, 37 bathrooms, and a fully-functional club with stripper poles, had been listed for $14.5 million when it was taken off the market last month. It now can be yours for the bargain basement price of $10.9 million. [NYP, NYDN, CB]
• The former home of the late novelist Mary Cantwell has sold after nearly two years on the market. The 3,720-square-foot townhouse at 21 Perry Street, which was first listed for $7.75 million in 2007, was purchased for $5.7 million by Brandon Haley, a portfolio manager at Ken Griffin's Chicago-based hedge fund, Citadel Investment Group, and his wife Anna. [Cityfile]

Disgraced Hedge Funder Unloads in Southampton

cityfile · 07/17/09 08:16AM

• Ralph Cioffi, the former Bear Stearns hedge fund manager who will stand trial this fall for securities fraud and conspiracy in connection with the collapse of the fund, has gone into contract to sell his 7,000-square-foot home in Southampton. The estate had been listed most recently for $11.875 million. Given Cioffi's desperate circumstances, it's expected that the final price will be below the $10.7 million that Cioffi paid for the home in 2007. [WSJ, Sotheby's]
• The couple who paid $9 million for hedge fund manager James Torrey's East 66th Street duplex in April, former Merrill Lynch exec John Heimann and his wife Maria-Cristina Anzola, have sold their old apartment at 141 East 72nd Street. The four-bedroom co-op was purchased by Ada Zambetti, the widow of Stella D'Oro CEO Felice Zambetti, for $5.625 million. [Cityfile]
• Billionaire pharmaceutical mogul Michael Jaharis has paid $6.7 million for a 3,335-square-foot apartment at 1049 Fifth Avenue. [NYO]

A Real Estate Exec Sells, A Kushner Buys

cityfile · 07/16/09 07:43AM

• Lee Neibart, a partner at Apollo Real Estate Advisors, and his wife Joyce, have closed on the sale of their 16th-floor apartment at 15 Central Park West, which they went into contract to sell back in May. The three-bedroom condo sold to a company called J & K Park Properties for $7.5 million, or $500,000 more than what the couple paid for apartment in January. [Cityfile]
• Real estate heiress Melissa Kushner—she's the daughter of Murray Kushner, niece of Charles Kushner, and Jared Kushner's first cousin—has paid $2.225 million for a three-bedroom condo at 534 Hudson Street with her husband, Jeremy Kaplan. [Cityfile]

The Janklows Cut Prices, Another Buyer at 895 Park

cityfile · 07/15/09 07:34AM

• Literary agent Luke Janklow and his Julie, who runs the restaurant Sweetiepie, have lowered the price of their townhouse at 16 West 12th Street, six months after putting it on the market with Paula Del Nunzio for $24.975 million. The 8,100-square-foot home, which the couple bought from Andre Balazs and Katie Ford for $4.5 million in 2004, is now priced at $19.5 million. [Cityfile, BHS]
• The $15.5 million triplex penthouse at 895 Park that belonged to the late fashion titan/movie producer Charles Evans has gone into contract—again. Over the past few months, the building's notoriously difficult co-op board has turned down three potential buyers. Now a fourth person has come along to give it a shot. Good luck! [Cityfile, Stribling, previously]

$8 Million Off On East 71st Street

cityfile · 07/14/09 07:52AM

• Investment banker Lewis van Amerongen has slashed the price of his five-story townhouse at 13 East 71st Street. First listed last September for $24.95 million, the 8,766-square-foot manse (left) can now be yours for $16.95 million. [Cityfile, BHS]
• Jason Klarman, the general manager of Oxygen Media, paid $2.21 million for a three-bedroom condo (plus storage room) at 201 West 72nd Street. [Cityfile]
• Dr. Richard Kaul, an anesthesiologist and spine specialist, has put his 7,200-square-foot townhouse at 69 West 83rd Street on the market for $14 million. Kaul bought the home for $3.6 million back in 2005. [Cityfile, PDE]
• Yankees slugger Alex Rodriguez hasn't had much luck selling off his mansion in Coral Gables. He just dropped the price from $14.9 million to $9.9 million. But he's also said he'd be happy to rent it for $25,000 a month. [Real Deal]

Googler Buys Prospect Park Townhouse

cityfile · 07/13/09 07:32AM

• It turns out Sarah Jessica Parker and Matthew Broderick aren't moving to Brooklyn after all. Shooting down a story that first appeared in the Post, the Times reports that the mystery buyers behind the $8.45 million purchase of Jennifer Connelly and Paul Bettany's townhouse at 17 Prospect Park West are actually "a wealthy Google engineer and his wife," who bought the home through a company called Harken Pretty and "asked that their names not be published." [NYT]
• Philanthropists Amnon and Caren Heller Barness, who paid $12 million for a penthouse at Trump Park Avenue last year, have sold their former apartment at 1016 Fifth. The two-bedroom co-op was purchased for $4.2 million by attorney Peter Sloane and his wife, real estate agent Jaar-mel Sloane. [Cityfile]
• After more than a year on the market (and a $10 million price cut), the Sloane Mansion is officially off the market. The 18,500-square-foot home had been listed with Paula Del Nunzio for or $54 million. [NYO, previously]

Loral CEO Sells on East 61st

cityfile · 07/10/09 07:51AM

• Michael Targoff, the Loral Space & Communications CEO who paid $10.25 million for a penthouse at 778 Park Avenue last year, has finally sold off his old spread—a 3,800-square-foot townhouse at 211 East 61st Street (left). The four-story manse sold for $6 million. [Cityfile]
• Houston Rockets owner Leslie Alexander has sliced $4 million off the price of his East Hampton estate. The six-bedroom mansion, which Alexander bought from Democratic lobbyist Liz Robbins for $15.45 million in early 2007, is now listed for $20.5 million. [Newsday, PDE]
• Miami real estate developer Tibor Hollo and his wife Sheila have paid $2.1 million for a 38th-floor apartment at the Trump Plaza on 61st Street. [Cityfile]

Jill Zarin Lists, Another Cut at 930 Fifth

cityfile · 07/09/09 08:02AM

• "Real Housewife" Jill Zarin has put her three-bedroom apartment 401 East 60th Street on the market. The 1,956-square-foot condo—which Zarin tackily gussied up last season—is listed with Prudential Douglas Elliman's Callae Brownstein and Howard Margolis for $3.2 million. [NYP, PDE]
• Dorris Carr Bonfigli, the Upper East Side hostess and Bernie Madoff victim, has dropped the price of her penthouse apartment at 930 Fifth for the second time since listing it for $11.3 million last December. The elaborately-designed spread is now priced at $9.8 million. [Cityfile, Corcoran]

A Deal at 850 Park, A Price Cut on North Moore

cityfile · 07/08/09 07:30AM

• Richard Bressler, a managing director at the private equity shop Thomas H. Lee Partners and the former CFO of Viacom, has gone into contract to sell his duplex at 850 Park. The five-bedroom apartment, which Bressler purchased for $9.75 million in 2005, had been on the market since March and had been priced most recently at $13.5 million. [Cityfile, Corcoran]
• Mortgage company founder Steven Schnall and his wife Sherri have dropped the price of their massive townhouse at 2 North Moore Street less than three months after putting it back on the market for $33 million. The 11,000-square-foot mansion is now listed with Deborah Grubman for the bargain price of $29 million. Get it while it's hot! [Cityfile, Corcoran]

Peter Norton Goes Into Contract (Again) at Trump Int'l

cityfile · 07/07/09 07:46AM

• Software titan Peter Norton has gone into contract to sell his 45th-floor apartment at Trump International for the second time. Norton originally found a buyer for the 4,415-square-foot apartment back in February when it was listed for $17.9 million. The deal fell through, however, and Norton later tried listing it together with pharma mogul Richard Ullman's spread for a combined $34.7 million. But the apartment was also available on its own—for the reduced price of $16.25 million—and now Norton has managed to find a second buyer to step up. Ullman's apartment, for the record, still hasn't been spoken for. It's currently listed at $18.45 million. [Cityfile, Corcoran]
• Warren Spector, the former co-president at Bear Stearns who was dismissed by ex-CEO Jimmy Cayne back in 2007, has sold his penthouse at 40 Fifth Avenue. The buyer, retired Goldman Sachs executive Scott Pinkus, paid $8 million for the two-bedroom apartment. [Cityfile]
• Famed architect Philip Johnson's oceanfront estate in Sagaponack, known as Farney House, has gone on the market. The 5,000-square-foot home is listed for $35 million. [Curbed Hamptons, BHS]

Time Warner Buyer Revealed, Foreclosed at Trump Int'l

cityfile · 07/06/09 10:29AM

• The buyer who paid $37 million for Gerhard Andlinger's penthouse at the Time Warner Center—setting the record as the biggest real estate deal in 2009 thus far—has been revealed. It's Andrei Vavilov, the Russian financier who agreed to buy two penthouses at the Plaza last year for $53.5 million, but ended up suing the developer after his wife wasn't pleased with the "attic-like" ceilings. (As part of a settlement, Valvilov agreed to purchase just one of the two apartments, and he's since gone into contract to sell it.) Hopefully, Vavilov's wife is happier with her husband's latest acquisition. The full-floor, five-bedroom penthouse on the 78th floor encompasses 8,300 square feet and comes with 14-foot ceilings. [NYT]

Miracle on 78th St: Marisa Noel Brown Finds a Buyer

cityfile · 07/06/09 07:30AM

That was quick! Marisa Noel Brown, the youngest daughter of disgraced hedge fund manager Walter Noel, and her husband Matt Brown, have found a buyer for their townhouse at 12 East 78th Street. The 20-foot-wide manse, which was officially listed for $12 million in May, went into contract late last week. No word yet on what the buyer agreed to pay for it, although it's probably substantially less than what the couple was hoping to get given how desperate they were to unload the property quickly. (It's almost certain they took a big loss on the sale: The couple purchased the home for $13.5 million in January 2008.) No word yet on who the buyer is either, although whoever it is will probably need to spend quite a bit of cash making the home inhabitable. Demolition work had just been completed on the six-story brownstone when the Noel family became embroiled in the Bernie Madoff scandal and the couple elected to put it up for sale. Update: A source "close to Ms. Noel Brown" tells the Observer that the price was $9.75 million. [Cityfile, Stribling]

Nic Cage Keeps It Classy

cityfile · 07/02/09 03:45PM

After testing out the waters ever so briefly last November, Nicolas Cage has put his five-bedroom apartment at the Olympic Tower back on the market for $9.75 million, reports the Observer's Max Abelson. Shag carpets and a gleaming black marble bathroom: How could anyone resist, really? [NYO]

Sarah & Matthew: Brooklyn Bound?

cityfile · 07/02/09 07:09AM

• It looks like Sarah Jessica Parker and Matthew Broderick might be moving their growing brood to Park Slope. The couple is rumored to be behind the recent purchase of Jennifer Connelly and Paul Bettany's Victorian townhouse at 17 Prospect Park West, which was sold to an LLC called Harken Pretty for $8.45 million last December. [NYP]
• Paul Kerz, the former CEO of Health Management Systems, and his wife Corinne, have dropped the price of their five-story, five-bedroom townhouse at 126 East 65th Street, four months after putting it on the market for $12.5 million. It's now listed for $9.95 million. [Cityfile, Sotheby's]
• Sara Levinson, the former president of the women's publishing division of Rodale, and her husband Charles Hairston, have paid $2.625 million for a three-bedroom co-op at 45 East 85th Street. [Cityfile]
• Hockey star Scott Gomez is reportedly putting his three-bedroom pad at the Chelsea Mercantile up for sale now that he's been traded away from the Rangers. Meanwhile, fellow ex-Ranger Darius Kasparaitis has listed his two-bedroom condo at 205 East 59th Street for $2.595 million. [NYP, PDE]

Mega-Sale at the TW Center, Another Listing at 15 CPW

cityfile · 07/01/09 07:25AM

• Investor Gerhard Andlinger has sold his penthouse at the Time Warner Center for $37.5 million, making it the biggest residential deal the city has seen in nearly a year. Not that this should necessarily be interpreted as a sign the real estate market is back. The 8,300-square-foot apartment, which was sold to an anonymous buyer, had been listed for $65 million when it first hit the market last year. [NYO]
• Keiko Ibi, the Tokyo-born filmmaker who won an Oscar her 1999 documentary The Personals, has put her condo at 15 Central Park West back on the market less than two years after purchasing it for $1.8 million. The one-bedroom is now listed for $3.75 million. [Cityfile, BHS]
• German-born billionaire Juergen Friedrich has taken $10.5 million off the price of his 18,000-square-foot Southampton manse. The Grosvenor Atterbury-designed home, which went on the market for $67 million last year, is now priced at $49.5 million. [Curbed Hamptons, Corcoran]

Kristen Johnston Lists West Village Condo

cityfile · 06/30/09 07:33AM

• Emmy-winning actress Kristen Johnston is selling her West Village duplex. The two-bedroom condo at 296 West 10th Street, which comes with solarium and terrace, "custom window treatments," and "Ralph Lauren carpet in the den," hit the market for $1.795 million late last week. [Cityfile, Corcoran]
• Retired Continental Airlines CEO Gordon Bethune has paid $5.882 million for a third-floor apartment at The Beresford on Central Park West. The three-bedroom pad had been listed for $6.95 million most recently. [Cityfile]
• Dr. Gary Roubin, Lenox Hill's chief of interventional cardiology, has re-listed the carriage house at 168 East 73rd Street he went into contract to sell in May. The deal fell through earlier this month, so now the 6,800-square-foot home is back on the market for $16.5 million. [Cityfile, SSNYC]

Madonna Gets a Discount

cityfile · 06/29/09 07:50AM

• It turns out Madonna scored a rather sweet deal on the East 81st Street townhouse she went into contract to purchase in April. The Material Girl paid $32.5 million for the 13-bedroom manse, which is about 28 percent less than the $45 million asking price that the house was listed for back in October. [NYT, previously]
• After nearly a year on the market—and three price cuts—writer/director John Ridley has finally found a buyer for his condo at 15 Central Park West. The 2,237-square-foot apartment had been listed most recently for $8.5 million. [Cityfile, Corcoran]

Asness Sells, More Cuts at Chupi

cityfile · 06/25/09 07:54AM

• Hedge fund manager Cliff Asness won't have an apartment to stay in when he makes occasional trips to Manhattan from his home in Greenwich. Or at least he won't have the apartment at The Oxford on East 72nd Street that he bought back in 2002 and has owned till now. Asness has sold the 35th floor apartment for $1.55 million. [Cityfile]
• James Luikart, executive vice president of the private equity firm Jeffries Capital Partners, has paid $7.8 million for an 18th floor apartment at 170 East End Avenue. He and his wife also picked up a ground-floor studio in the building for an additional $500,000. [Cityfile]
• Things haven't been going well at Julian Schnabel's Palazzo Chupi. And they're not getting any better. The price of the combined triplex and duplex has been cut to $27.9 million, which is $10.1 million less than its last listing price of $38 million, or roughly $31 million less than its original asking price of $59 million. [NYP]

CNET Co-Founder Cuts Prices, Steve Wynn Looks to Sell

cityfile · 06/24/09 07:26AM

• Kevin Wendle, the serial entrepreneur who co-founded CNET and iFILM, among other companies, has lowered the price of his apartment at 812 Fifth Avenue for the second time since listing it for $14.85 million in January. The 17th-floor apartment, which Wendle purchased for $6.4 million in 2006, is now listed for $9.95 million with Corcoran's Deborah Grubman and Carol Cohen. [Cityfile, Curbed, Corcoran]
• Steve Wynn is about to put his apartment at 817 Fifth Avenue back on the market for $25 million, six years after he failed to sell it for $15 million. The 3,900-square-foot spread, which suffered water damage a few years back, now comes with onyx floors and a leather-lined private elevator vestibule. [NYO]
• Two weeks after it was reported that he was "quietly" shopping his Beresford apartment, Bob Weinstein's 6,500-square-foot duplex has officially hit the market. The six-bedroom apartment with grand stairway, paneled library, two terraces, and three fireplaces is listed with Brown Harris Stevens broker Ileen Schoenfeld for $29.75 million. [NYO, BHS, previously]