• The buyer who plunked down $9.41 million on Bernie and Ruth Madoff's oceanfront home in Montauk home has been revealed: It's billionaire real estate mogul Steve Roth and his wife, Broadway producer Daryl Roth. [WSJ]
• Alexander Navab, a partner at KKR and co-head of the firm's private equity business in North America, has paid $4.9 million for a two-bedroom co-op at the River House on East 52nd Street. Meanwhile, his four-bedroom spread just a few floors up remains on the market for $24.5 million. [Cityfile]
• The Minetta Lane townhouse owned by late party planner Robert Isabell has been reduced in price since first going on the market for $3.95 million. The 2,813-square-foot building, which features a "basement hand-chipped by Tibetan-born sherpas from Brooklyn," is now $3.45 million. [Curbed, MK]

• Jann Wenner and his partner, Matt Nye, will soon be moving into new digs in Montauk. The founder of Rolling Stone and publisher of Us Weekly and Men's Journal is paying $11.9 million for a 6,300-square-foot home on Old Montauk Highway. The waterfront property had been been originally listed for $14.9 million. [NYP, Corcoran]
• Whitney Houston has put her New Jersey home on the market. The 12,561-square-foot manse in Mendham Township is listed for $2.5 million; her guest cottage next door is no longer available, however. [Real Estalker, CB]
• Real estate developer Ara Hovnanian may have found a buyer for his fourth-floor apartment at 820 Fifth Avenue. Five months after the co-op's board rejected Jeff Blau's $31 million offer, the board has reportedly given the go-ahead to Ken Griffin, the CEO of Chicago-based Citadel Investment Group. The hedge fund billionaire is expected to pay "just under" $35 million. [NYP]
• It looks like Katie Lee is getting the West Village townhouse as part of her split from Billy Joel. The cookbook author is paying Joel $3 million for his share of the the Perry Street home, which the couple purchased in 2005 for $5.9 million. [NYO]

• Nearly five years after putting his New Jersey home up for sale for $30 million, Eddie Murphy has slashed $15 million off the asking price of 5-acre estate in Englewood. The 25,000-square-foot Colonial-style mansion, which features a bowling alley, theater, racquetball court, indoor pool, elevator, carriage house and recording studio, can now be yours for $14.99 million. [NYDN, Sotheby's]
• Fashion designer Adam Lippes is trying to sell his penthouse at 37 West 12th Street. According to the listing (which describes the apartment's owner as "a young rising star of NYC fashion"), the two-bedroom pad was designed by Eve-Lynn Schoenstein and David Schefer and has been featured in Elle Decor. It's currently on the market for $5.75 million. [Cityfile, Corcoran]
• More than a year after art dealer Daniel Wildenstein sold his family's mansion at 11 East 64th Street for $42.5 million, the 29-foot-wide townhouse has reportedly gone back on the market for $37 million with Carrie Chiang. [NYO]
• Michael and Amanda Salzhauer have sold their 10th floor apartment at 860 Park Avenue for $7.7 million. Michael is a principal at the real estate firm Benjamin Partners; Amanda is the daughter of Steve Roth, the billionaire chairman and CEO of Vornado Realty Trust, and his wife Daryl. [Cityfile]