Raj Rajaratnam Sells on Sutton Place

cityfile · 02/12/10 09:05AM

• Time to sell off assets to pay the lawyers! Raj Rajaratnam, the scandal-plagued hedge fund billionaire who was arrested for fraud last October and has since been charged with masterminding the largest insider-trading racket in decades, has sold one of the apartments he owns at 60 Sutton Place South. The 8th-floor co-op, which the Galleon Group founder bought for $1.675 million in 2008, sold to Lewis Zuchman for $1.575 million. [Cityfile]

Benjamin Bratt Finds a Buyer in the Village

cityfile · 02/11/10 09:58AM

• Actor Benjamin Bratt and his wife Talisa Soto have unloaded their apartment at 43 West 13th Street. The three-bedroom pad, which the couple purchased in 2003, first arrived on the market last October for $2.5 million. According to property records, the Bratts just sold it to Mark Crumpacker, the newly-hired chief marketing officer of Chipotle, for $2.3 million. [Cityfile, SE]
• Now that he's gone into contract to buy Bernie and Ruth Madoff's East 64th Street apartment, 4Kids Entertainment CEO Al Kahn has put his apartment at the Time Warner Center up for sale. The three-bedroom, five-bath pad on the building's 62nd floor is currently listed for $33.6 million. [NYP, BHS]

Jewelry Designer Cuts; Hedge Funder Buys

cityfile · 02/10/10 10:03AM

Suzanne Sheik, the jewelry designer and mother of singer Duncan Sheik, has dropped the price of her 7,000-square-foot townhouse at 132 East 62nd Street. The five-story building, which Sheik bought from the estate of late socialite Phyllis Cerf Wagner for $8.5 million in 2007 and first listed for $17.5 million last year, is now priced at $15.5 million. [Cityfile, Stribling]
• Hedge funder Anand Desai and his wife, Erica, have paid $12 million for a 17th-floor, 5,000-square-foot condo at 15 Madison Square North. [NYO]
Real estate developer Elizabeth Rad has put her four-bedroom loft at 166 Duane Street up for sale again. The 4,800-square-foot spread has been on and off the market since 2007, and is now listed for $8.4 million. [Cityfile, SE]
Harold Ford and his wife, Emily Threlkeld, are looking to unload their yellow-hued pad in the Flatiron district. The one-bedroom loft at 105 Fifth Avenue is listed with Kathy Sloane for $1.4 million. [Gawker, BHS]

DJ AM's Pad Listed; 2 North Moore Finds a Buyer

cityfile · 02/09/10 09:44AM

• The SoHo apartment where Adam Goldstein (aka DJ AM) died from a drug overdose last year has arrived on the market. The 1,147-square-foot condo at One Kenmare Square, which Goldstein purchased for $1.9 million in 2007, is listed for $1.795 million. [Curbed, PDE]
• Nearly two years after they first put it on the market for $35 million, mortgage company founder Steven Schnall and his wife Sherri have found a buyer for their over-the-top 11,000-square-foot mansion at 2 North Moore Street. The five-bedroom townhouse, which is equipped with a 50' heated lap pool, screening and billiards rooms, and "outdoor dining atrium"—and which had been listed most recently for $29 million—went into contract to sell late last week. [Cityfile, Corcoran]

Conan Looks for Payout on CPW; Madoff Buyer Revealed

cityfile · 02/08/10 09:47AM

Conan O'Brien's tenure as Tonight Show host has ended, but it looks like he and wife Liza may be planning to stay in LA, since they're reportedly looking to unload their penthouse duplex at the Majestic on Central Park West. The 17th and 18th-floor spread, which features three terraces and Central Park Views, is being "quietly" shopped around for $35 million. [NYP]
• The buyer of Bernie and Ruth Madoff's penthouse has been revealed. It's Al Kahn, the CEO of 4Kids Entertainment and the man behind Pokemon and the Cabbage Patch Kids, who is said to be buying the place at at 133 East 64th Street for "just under" the asking price of $8.9 million. [NYP, previously]
Jimmie Johnson has unloaded one apartment and picked up another. The Nascar driver has sold his 3,200-square-foot loft at 32 West 18th Street, which he put on the market last year, for $4 million. Meanwhile, he and his wife paid $8.33 million for a condo in the Superior Ink building on W. 12th St. [NYT]

'Arthur' Creator Cuts; Rory Tahari Sells on Mercer

cityfile · 02/05/10 09:47AM

• Marc Brown, the author and illustrator who created the Arthur series of books as well as the animated PBS show by the same name, has dropped the price of the 8,300-square-foot Tribeca townhouse (left) that he shares with his wife, Laurie Krasny Brown. The five-story building at 19 Jay Street, which the couple bought for $6.15 million in 2004 and put up for sale for $15.85 million in 2006, is now listed for $9.995 million. [Cityfile, BHS]
• Rory Tahari, the social fixture and wife of fashion mogul Elie Tahari, has unloaded a two-bedroom loft at 72 Mercer Street. The 2,142-square-foot apartment, which Tahari bought for $3.165 million in 2008, sold for $3.2 million. [Cityfile]

Producer-Actor-Composer Couple List on 5th for $25 Mil

cityfile · 02/04/10 09:20AM

• Actress/TV producer Polly Draper and her husband Michael Wolff, the jazz pianist and composer best known as the bandleader on the Arsenio Hall Show, have put their full-floor apartment at 43 Fifth Avenue on the market. The 13-room, five-bedroom spread is listed for $25 million. [Curbed, AW]
• Texas-based restaurant kingpin Bradley Blum, who's headed up operations at Olive Garden and Burger King and now serves as CEO of Romano's Macaroni Grill, has picked himself up a pied-à-terre. Blum paid $3.7 million for a two-bedroom apartment at the newly-renovated 141 Fifth Avenue. [NYO]
• Paul Greenwood, the former money manager and Islanders co-owner, has put even more property in Westchester up for sale. In addition to the 16-acre estate in North Salem that he listed last month, Greenwood, who was accused of securities fraud last year, is also looking to sell his 300-acre horse farm nearby for $29 million. [NYP, V&W]

Drug Store Scion Buys on Barrow Street

cityfile · 02/03/10 10:05AM

• James P. Marden, the son of pharmacy mogul Bernard Marden, has picked up a townhouse in the West Village: Marden paid $4.125 million for a 2,200-square-foot, four-story building located at 39 Barrow Street. It's one of several real estate transactions for the family: Bernard Marden father sold his home in Wainscott for $11.2 million last year. And his former wife just recently sold her own penthouse for $11.5 million. [Cityfile, Avian Village Realty]
• Jennifer Scully-Lerner, a Goldman Sachs executive and top Obama fundraiser, and her husband, fellow financial exec Richard, have picked up a new apartment on Fifth Avenue. The couple paid $3.575 million for a three-bedroom co-op at 1170 Fifth Avenue, which first went on the market for $5.2 million back in 2008. [Cityfile]

Jann Wenner Sells UWS Manse to His Ex

cityfile · 02/02/10 09:26AM

• It looks like Jann Wenner has finally given up his stake in the Upper West Side townhouse that he shared with Jane Wenner up until their marriage dissolved in the mid-'90s. (The Rolling Stone founder and publisher now resides with his longtime partner, Matt Nye.) Property records show that Jane paid Jann $4 million for his share of the five-story townhouse at 37 West 70th Street, which the couple jointly purchased from the estate of Perry Ellis back in 1987. [Cityfile]
• Carol McFadden, the social fixture whose husband George was killed in a plane crash in 2008, has closed on the sale of her penthouse at The Metropolitan on East 90th Street. Nearly a year and a half after first listing the home for $8.9 million, the full-floor spread has been sold to Stewart Satter, the CEO of Consumer Testing Laboratories, for $6.925 million. That's about $1 million less than what Carol and her late husband paid for the place back in 2004. [Cityfile, Corcoran]
• Could Courtney Love be planning to buy a West Village townhouse? That's the rumor, since she was reportedly spotted checking out a townhouse at 56 Bank Street that is currently on the market for $5.998 million. [Curbed, BHS]

Morgan Stanley Exec Buys; Annie Leibovitz Looks to Sell

cityfile · 02/01/10 09:17AM

• Guy Metcalfe sold his apartment at 15 Central Park West last May for $11 million. Now the co-head of Morgan Stanley's real estate investment banking group and his wife, Lisa, have picked up a new, slightly more modest abode. The couple has paid $6.125 million for a 12th-floor, four-bedroom apartment at 90 Riverside Drive. [Cityfile, Corcoran]
• Iris Marden, the ex-wife of retail heir James Marden and a broker at Stribling, has sold her penthouse at 7 Hubert Street. The three-bedroom apartment, which once appeared on the cover of Architectural Digest and first went on the market for $14.5 million in January 2009, sold for $11.5 million. [Cityfile]

David Byrne Buys Chelsea Penthouse

cityfile · 01/29/10 09:18AM

• Musician David Byrne has picked up a new condo in Chelsea. The former frontman of the Talking Heads paid $3.875 million for a four-bedroom penthouse at 231 Tenth Avenue, which first went on the market for $5.2 million back in 2008. [Cityfile]
• After more than a year and a half of price cuts, Karen and David Fleiss have finally unloaded their apartment at 1030 Fifth Avenue. Part of it, at least. The couple first listed the duplex for $47.5 million in June of 2008 before deciding to list the lower floor on its own for $15 million. The price was reduced to $9.95 million back in June. Now they've managed to find a buyer for it. The third-floor apartment was sold for $8.898 million to Richard Duke Buchan III and his wife, Hannah. [NYC Co-op]

Katie Lee Lists; Ackman and Whoopi Sell

cityfile · 01/28/10 09:27AM

• Katie Lee, the cookbook author and ex-wife of Billy Joel, is reportedly putting the 4,000-square-foot townhouse at 23 Perry Street that she and Joel once shared—and which she bought from Joel for $3 million after their split last year—on the market. The four-bedroom manse is set to be listed with Dolly Lenz for $12.9 million. [NYP, photos]
• Hedge fund mogul Bill Ackman has closed on the sale of his three-bedroom co-op at the Majestic on Central Park West. The 3,000-square-foot apartment, which Ackman first listed for $10 million last April and which went into contract in November, sold for $7.1 million to Douglas Libby and Marianne Johnson. [Cityfile]
• Seven months after she put her loft at 101 Wooster Street on the market for $3.99 million, Whoopi Goldberg has closed on the sale of the two-bedroom pad. The 3,600-square-foot apartment, which went into contract in October, sold for $2.985 million to Ben Lerer and his wife Emily. Lerer is the founder of and the son of Ken Lerer, the new media investor and co-founder and chairman of the Huffington Post. [NYO]

Cynthia Nixon Buys; Anderson Cooper Renovates

cityfile · 01/27/10 09:31AM

Cynthia Nixon and her fiancée, education activist Christine Marinoni, have picked up a new weekend home: The couple are putting down $1.7 million for a 1,400-square-foot waterfront cottage in Montauk. [Newsday]
• Investment banker Lewis van Amerongen has gone into contract to sell his five-story townhouse at 13 East 71st Street, six months after slashing the price of the home by $8 million. The townhouse had been listed most recently for $16.95 million. [Cityfile, BHS]
• Kathleen Turner has dropped the price of her home in Amagansett by $1 million. The six-bedroom house, which has been on-and-off the market since 2005, is now listed for $4.95 million. [Newsday, PDE]
• It looks like the recent rumors about Anderson Cooper moving to a former firehouse in Village were true. The CNN anchor picked up the 8,240-square-foot building on West 3rd Street in September for $4.3 million and is now reportedly in the process of renovating the century-old building. [NYP]

CNN's Ali Velshi Picks Up a Pad on the UWS

cityfile · 01/26/10 09:01AM

• CNN anchor and chief business correspondent Ali Velshi has picked up a new apartment on the Upper West Side. Velshi and his new wife, portfolio manager Lori Wachs, paid $1.85 million for an apartment at The Harrison at 205 West 76th Street. The couple scored a deal, too. The two-bedroom condo went on the market for $2.65 million back in 2008. [Cityfile]
Luke and Julie Janklow have officially closed on the sale of their West Village townhouse. The 25-foot-wide home at 16 West 12th Street, which first went on the market for $24.975 million last year, had been listed for $17.95 million when it went into contract earlier this month. It sold to developer Ara Hovnanian and his wife Rachel for $15.35 million. [NYO]
• Adriana Mnuchin, the wife of ex-banker/art impresario Bob Mnuchin, has sold a fifth-floor apartment at 956 Fifth Avenue for $7.5 million. She won't need to worry about moving, though. Mnuchin and her husband paid $20 million for a much larger apartment at 944 Fifth back in 2008. [Cityfile]

Tory Burch Seals the Deal in Southampton

cityfile · 01/25/10 09:49AM

Tory Burch has a new place to call home in Southampton. The fashion designer/socialite has closed on the deal to buy the late Howard Gittis' 14-acre estate on Ox Pasture Lane. The 14-acre property, which Burch went into contract to buy in September, sold for $32.5 million. (Update: The Post has since corrected its story and now says Burch is "only" buying part of the property for $16 million; an "unnamed neighbor" is buying the rest for $16.5 million.) Meanwhile, Burch's former home on Meadow Lane is still on the market for $17.9 million, if you're interested. [NYP]
• Walter Cronkite's former apartment at the UN Plaza has gone into contract just a month after it went on the market. The two-bedroom co-op had been listed most recently for $2.995 million. [Curbed, FRG]

Mega-Producer Looks to Bow Out of One Beacon Court

cityfile · 01/22/10 09:42AM

• Joe Roth, the Hollywood producer and former head of Twentieth Century Fox and Walt Disney Studios, has put his four-bedroom apartment at One Beacon Court on the market. The 3,779-square-foot spread, which Roth purchased for $13 million in 2006, is currently listed for $21.7 million with Corcoran's Deborah Grubman and Carol Cohen. [Cityfile, Corcoran]
• In related news, Johnny Damon's former apartment at One Beacon Court is up for sale, too. The baseball player and his wife sold the 39th-floor pad three years ago for $8 million. Now the 2,100-square-foot apartment is back on the market, this time with a listing price of $8.9 million. [Cityfile, Sotheby's]

Glenn Close Lists; John Cleese Sells

cityfile · 01/21/10 09:39AM

Glenn Close has put her two-bedroom co-op at the Beresford up for sale. The 2,000-square-foot apartment on the building's 19th floor, which comes with two terraces, private elevator landing, and neighbors like Jerry Seinfeld and John McEnroe, is listed with Corcoran's Robby Browne and can be yours for $11.8 million. [NYP, Corcoran]
• Blackstone Group co-founder Steve Schwarzman and his wife Christine have unloaded their old East Hampton home. The 2.1-acre property, which the billionaire financier bought for $2.3 million in 1996 and put on the market for $7.2 million in August 2009, has been sold to "power couple" Thomas Gallagher and Alice Jarcho-Gallagher for $6.25 million. [NYP]
• John Cleese's two-bedroom apartment at 196 East 75th Street is now in the possession of his ex-wife, Alyce Faye Eichelberger. Cleese sold the apartment, which the couple purchased together in 2007 for $1.7 million, back to her for $1.492 million. [NYO]

Brokerage Bigwig Buys in Tribeca

cityfile · 01/20/10 09:38AM

• The Fairchild at 55 Vestry Street, the newly-opened Tribeca building where James Gandolfini has purchased an apartment (and which Jessica Alba and Adriana Lima have toured recently) has a notable real estate exec to add to its list of new buyers. CB Richard Ellis chairman Stephen Siegel is reportedly buying a two-bedroom in the building for for $1.75 million. [NYO]
• Sanjay Swani, a partner at the private equity firm Welsh, Carson, Anderson & Stowe, and his wife Preeti, have sold their five-bedroom apartment at 33 East End Avenue for $3.2 million. [Cityfile]

Wildenstein Takes a Loss at the Plaza

cityfile · 01/19/10 09:44AM

• Guy Wildenstein has finally unloaded his fourth-floor apartment at the Plaza, albeit for a quite a bit less than the $21.5 million he paid for it in 2008. The art mogul first put the "Frank Lloyd Wright suite" on the market in November 2008 for $25.7 million and gradually dropped the price to $18 million in June 2009. Now comes word that the apartment has sold for $13 million to an entity identified in property records as Hudson-Plaza Realty LLC. [Curbed]
• Dorris Carr Bonfigli, the uptown hostess and Bernie Madoff victim, has dropped the price of her penthouse at 930 Fifth Avenue once again. The elaborate two-bedroom, three-bath co-op, which Bonfigli first listed in December 2008 for $11.3 million, has gone down in price five times since then, and is now listed for $8.75 million. [Cityfile, Corcoran]
• John Geary III, the son of socialite Hilary Geary Ross and stepson of billionaire Wilbur Ross, and his wife Medora have paid $2.7 million for a three-bedroom co-op at 520 East 86th Street. [Cityfile]