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Sunday Real Estate Round-Up

johnny cash home

From the 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!

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