Sunday Real Estate Round-Up
LA Times Hot Property:
• Mel Gibson is taking over Malibu. He just purchased his third place there, a $24 million 7,000 sq. ft. home.
• Pavol Demitra from the LA Kings just bought his first home, a $2.4 pad in Manhattan Beach.
• Johnny Cash's home in Tennessee (shown here) gets a $400,000 price reduction
• Debra Messing's "lucky house" sells after being on the market only a month
From the NY Post Gimme Shelter:
• Director Ivan Reitman has rented a luxury co-op at the Sherry-Netherland hotel for $30,000 a month.
• Jon Stewart's penthouse is lingering on the market.
• Baseball player Carlos Beltran just spent nearly $4 million on a place at the Grand Beekman.
• Russell Simmons really wants out of his downtown penthouse, he has reduced the price by almost $3 million to $8.2 million.
From the NY Times Big Deal:
• Would you buy a one bedroom for $7.5 million? The penthouse has 1,477 square feet split between two floors.
• Profit taking at the Ritz, Richard P. McWilliam, president of the Upper Deck Company,has listed an apartment that the 23rd floor atop the Ritz-Carlton Hotel for $35 million. Mr. McWilliam paid a comparatively low $20.8 million for the 9,455-square-foot unit in August 2004.
• Fiinancier David Martinez has created quite the pad at the Time Warner Center, two full floors of space near the top of the complex's south tower costing a total of $54,762,986.
From Forbes Movers & Shakers:
• Michael Feinstein and his partner have purchased a townhouse for $3.8 million on Manhattan's Upper East Side to match the one they own next door.
• Such a tease, Jaqui Safra has put his $50 million townhouse on the market "quietly" which means no listing. Spoilsport!