• Neil Hirsch, the man who founded Telerate (sold to Dow Jones in 1990 for $1.5 billion), co-founded the Bridgehampton Polo Club in 1995, and was once married to comedy club queen Caroline Hirsch, has put his five-story townhouse at 15 Sutton Place on the market. The 3,919-square-foot manse with patio, terrace, multiple balconies, four fireplaces, and elevator (and "enclosed by a 19th Century wrought iron gate"), is listed with Stribling for $12 million. [Cityfile, Stribling]
• Alex Roepers, the founder of Atlantic Investment Management, and his wife, Shafi, have paid "about $17.5 million" for ex-Warnaco CEO Linda Wachner's 4-acre parcel of land on Meadow Lane in Southampton. The couple is reportedly planning to use the land to build a new home, which will be designed by architect Peter Marino. [NYP]