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Vavilov Gets Out, Price Drop at 834 Fifth

cityfile · 09/30/09 07:20AM

• Andrei Vavilov has officially exited the Plaza. The Russian financier, who sued the Plaza last year to get out of buying a $53.5 million penthouse spread—and ended up paying $11 million for a smaller apartment as part of a legal settlement—has taken a loss on the sale. Vavilov sold the apartment to an heir to the Goya Foods fortune for $8.4 million. [NYO]
• Investor Paul Cejas has dropped the price of his apartment at 834 Fifth Avenue, five months after he listed it for $18.5 million. The fifth-floor co-op is now on the market for $16.5 million. [Cityfile, BHS]
• Leona Helmsley's former Greenwich mansion has gotten another price chop. The 40-acre estate known as Dunnellen Hall is now $60 million, which is a whole lot less than its original listing price of $125 million. [Luxist, DO&A]
• Brandon Fradd, founder of the hedge fund Apollo Medical Partners, has sold his apartment at 68 Jane Street. The three-bedroom that Fradd listed for $4.45 million back in February sold for $3.7 million. [Cityfile]