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Sunday Real Estate Round-Up, 10/25/09


From the LA Times Hot Property:
--A Hollywood Hills home once owned by actress Dorothy Dandridge is on the market at $3,495,000. The restored 1926 Mediterranean has three bedrooms and three terraces with city views. The property website is here.
--Singer Melanie Brown, otherwise known as Scary Spice, has bought a five-bedroom home in the San Fernando area for about $3.15 million.

From the Chicago Tribune's Elite Street:
--Former Chicago Bears quarterback Jim McMahon has sold his mansion in Northbrook, Illinois for $2.85 million and moved to Florida.
--Former Chicago Bulls forward Antonio Davis has taken a loss on his three-story house in Naperville, Illinois selling it for $1.4 million. He Davis also has a contract to sell his mansion in Burr Ridge, which is listed for $3.299 million, and he has a waterfront lot in Plainfield on the market for $399,000.
Former Chicago Blackhawks center Alexei Zhamnov has sold his 11-room home in Lincoln Park for $2.725 million.



From the Boston Channel:
--Add Los Angeles Dodgers slugger Manny Ramirez to our list of slow sellers. He's cut the price on his condo at the Ritz Carlton in Boston from to $8.5 million $7.9 million.


From the NY Post:
--While in New York City Jeremy Piven stayed for a week in a triplex penthouse at the Prime condo building at 333 W. 14th St. which is listed for $5.9 million. The listing is here.
--Rolling Stone founder and publisher Jann Wenner has closed on a Hamptons home 6,300-square-foot, three-story waterfront home on Old Montauk Highway for $11.9 million. The home which was listed for $14.9 million, is within a half-mile of Bernie Madoff's old beach house.
--After rejecting Related Companies President Jeff Blau's $31 million bid last May, the co-op board at 820 Fifth Ave. found a buyer for homebuilder Ara Hovnanian's full-floor fourth floor unit. The new buyer is Kenneth Griffin, the founder, president and CEO of Citadel Investment Group in Chicago who reportedly paid just under the $35 million asking price. Tommy Hilfiger once owned the apartment, though he never lived there and the co-op board also rejected Ron Perelman and Steve Wynn.

From Christie's Great Estates:
Legendary director Ingmar Bergman's family compound in Fårö, Sweden, has been sold.


From Brickwork: The London Property Blog:
-- An Edwardian villa in Sheffield Terrace, Kensington W8 which was once the former London home of Madonna is listed for rent for £13,000. The listing is here.
--R&B singer-songwriter Craig David's Hampstead penthouse is for rent at £6000 a week. Earlier this year it was for sale for £6.25 million. The listing is here.


From ShelterPop:
--Grammy winning Dixie Chick Emily Robison has listed her large loft in the old Duerler Candy Factory in San Antonio, Texas for $1.5 million. The 4,800 square foot loft was purchased as raw space and converted into a four-bedroom family home. The listing is here.

From Homes and Property UK:
--Prince Harry's girlfriend Chelsy Davy has moved into a two-bedroom Belgravia flat which cost £1.65 million.
--Perthshire landowner Jamie Montgomery is selling Kinross House, his 17th century ancestral home overlooking Loch Leven, for £4.25 million through Strutt & Parker. The mansion has 15 bedrooms, a ballroom, 80 acres and a cricket pitch. The listing is here.

From the NY Observer's Manhattan Transfers:
--Julian Schnabel has finally sold the triplex penthouse at Palazzo Chupi. Artist and director turned developer Julian Schnabel once wanted $32 million for the unit but settled for $10.5 million. The buyer is William J.B. Brady who bought a $15.5 million unit in the building several years ago. The Chupi duplex remains on the market for $12.95 million.

Gallery: Palazzo Chupi


--Katie Lee is paying Billy Joel $3 million for their West Village townhouse as part of her their divorce. The couple purchased the home in 2005 for $5.9 million.
--More than a year after art dealer Daniel Wildenstein sold his family's mansion at 11 East 64th Street for $42.5 million, the 29-foot-wide townhouse has reportedly gone back on the market for $37 million.
--Ex-Morgan Stanley vice chairman Bruce D. Fiedorek has listed his fifth-floor apartment at 998 Fifth Avenue for $34 million. The listing is here.

From the WSJ's Private Properties:
--Real-estate mogul Steven Roth of Vornado Realty Trust was the buyer of Bernard Madoff's beach house in Montauk, N.Y.
--Real-estate investor Jeff Greene bought a Beverly Hills property out of receivership for $35 million in 2006 and then put another $15 million into the renovation. Now, instead of selling in a slow market he has put the 25-acre estate up for lease for $250,000 a month. The 43,000-square-foot main house has 11 bedrooms, 14 baths and a 6,000-square-foot ballroom and the property includes six acres of wine-producing vineyards. The listing is here.

From Rented Spaces:
--Madonna sued by her neighbors for noise.
--He works so his tenants have homes.
--Comfort tops fall home decor trends.
--Cash in on wine mistakes.
--Do you live in one of the most stressed-out cities?
--Is mustache decor a hot trend?

From Cityfile's Buyers and Sellers:
--Fashion designer Adam Lippes has listed his penthouse at 37 West 12th Street for $5.75 million. The listing is here.
--Michael and Amanda Salzhauer have sold their 10th floor apartment at 860 Park Avenue for $7.7 million. Michael is a principal at the real estate firm Benjamin Partners; Amanda is the daughter of Steve Roth, the billionaire chairman and CEO of Vornado Realty Trust, and his wife Daryl.
--via the Real Deal, one month after he unloaded his Greenwich mansion for $18.7 million, former Goldman Sachs partner Donald Opatrny has sold his apartment at 15 Central Park West for $21.5 million.
--Steve Madden has picked up a second unit at 175 East 73rd Street for $2.2 million.
--via Newsday, chef Bobby Flay and actress Stephanie March paid $1.485 million for a 2.89-acre parcel of land in Amagansett, where they're reportedly planning to build a "green" home.
--Alexander Navab, a partner at KKR and co-head of the firm's private equity business in North America, has paid $4.9 million for a two-bedroom co-op at the River House on East 52nd Street.
-- The Minetta Lane townhouse owned by late party planner Robert Isabell has been reduced from $3.95 million to $3.45 million. The listing is here.
--Leonard Mandor, the CEO of Florida-based Milestone Properties, has picked up an apartment at the Harrison on West 76th Street for $4.575 million.
--via Newsday, Susan Dusenberry, the widow of advertising industry legend Phil Dusenberry, has put her North Haven estate on the market for $18 million. The listing is here.


From Berg Properties Big Time Listings:
--Retired NBA star Calbert Cheaney is trying to sell his six-bedroom mansion on 2.3 acres in Potomac, Md. for $4.35 million. The listing is here.


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