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]

Desperate Housewive Buys on Lower Fifth Avenue

cityfile · 11/05/09 08:55AM

• Actress Dana Delany has picked herself up an apartment in the Village. The California-based Desperate Housewives star has paid $1.8 million for a penthouse at 30 Fifth Avenue. The two-bedroom apartment, which went on the market for $2.35 million back in April, features two terraces and a separate solarium that serves as a home office or studio. You can check out the listing here. [Cityfile]
• Seven months after he put his 44th-floor apartment at the Trump International on the market for $18.45 million, pharmaceutical exec Richard Ullman has finally found a buyer. He's reportedly selling the four-bedroom condo for "around $17 million" to an undisclosed buyer. [NYP]
• Starwood Hotels founder Barry Sternlicht has raised the price of his Greenwich mansion. The 5.8-acre estate, which Sternlicht listed for $8.25 million in June 2008, is now priced at $5.95 million. [Bloomberg via Real Deal]
• A secretive Asian hedge fund exec is reportedly the mystery buyer who has gone into contract to buy investor Ephraim Gildor's 7,758-square-foot apartment at the Park Laurel on West 63rd Street. [NYP, previously]

Park Laurel Duplex Penthouse Goes into Contract

cityfile · 11/02/09 08:36AM

• Less than two months after investor and philanthropist Ephraim Gildor put his duplex penthouse at the Park Laurel back on the market for $28 million, it looks like he's already found a buyer. The 7,758-square-foot apartment with seven bedrooms and terrace went into contract late last week. [Cityfile, PDE]
• Hedge fund manager Steve Eisman, who took a loss on the sale of his old apartment at 1125 Park Avenue back in August, has picked up something new. He's closed on a four-bedroom penthouse duplex at 1120 Park Avenue for $7.4 million, which is 36 percent less than the original asking price. [NYT]
• Christopher Nixon Cox, the grandson of Richard Nixon, has sold his two-bedroom apartment at 10 East 70th Street for $1.4 million. [Curbed]
• Renowned sculptor Louise Bourgeois has been identified as the buyer behind the purchase of costume designer William Ivey Long's townhouse on West 20th Street. Bourgeois' Easton Foundation picked up the building for $4.75 million and will reportedly use it as an exhibition space and archive for Bourgeois' collection of books and film. [NYT]

Be Neighbors With Rupert Murdoch For $33 Million

cityfile · 09/16/09 08:10AM

• Broadway producer Hal Prince and his wife Judy have put their 13th-floor apartment at 834 Fifth Avenue on the market. The 4,750-square-foot duplex, which is up for sale for $33 million, comes with two bedrooms, two terraces, and neighbors like Rupert Murdoch and John Gutfreund. [NYO, FRG]
Richard Gere and Carey Lowell are expected to close on the sale of their Water Mill home this week. The 1.2-acre property, which they first put on the market in February, had been listed for $7.2 million when it went into contract last month. [Newsday, Stribling]