Sunday Real Estate Round-Up, 11/08/09
From the LA Times Hot Properties:
--The Beverly Hills home of the late DJ Adam " DJ AM" Goldstein has come on the market at $3.795 million. The listing for the midcentury one-story home, shown above, is here.
--Lakers player Sasha Vujacic will be among the first owners to call the W Hollywood Residences home when the building opens in mid-January. He has purchased a two-bedroom condo in the 15-story building.
--Author and screenwriter Brian Garfield has sold his Beverly Hills Post Office-area home for $1.795 million.
--The Antonio Moreno estate, a 1930 mansion named for the film star who lived in it until 1935, has sold for $4.2 million.
--Football great Joe Montana and his wife, Jennifer, have listed their 500-acre estate in Sonoma County's wine country for $49 million. The property website is here.
From the NY Post:
--A mysterious Asian real estate investor by the name of J. Lo has been renting a $100,000-a-month Park Imperial condo that belongs to Kobi Alexander, a former technology executive-turned-fugitive who's on the lam in Namibia. He has also signed a contract on a seven-bedroom condo at the Park Laurel building on West 63rd Street for close to its $28 million asking price. Lo also put a bid of close to $40 million on a Time Warner Center apartment owned by Internet pioneer Todd Wagner even though that residence isn't on the market. Lo also checked out a $31 million penthouse at Trump Park Avenue but has yet to make an offer there.
--Pharmaceutical mogul Richard Ullman has just sold his condo at One Central Park West for around $17 million.
Ullman also owns a condo at 15 Central Park West, which he bought for $23.5 million and then tried to sell for a sky-high $75 million price tag that found no takers.
--The new rental building at 808 Columbus Ave. has gotten some star power. Residents in the luxury building include Shannon Elizabeth and "Law & Order" actor Anthony Anderson.
From Cityfile's Buyers and Sellers:
--Thomas Renyi, who retired as chairman and CEO of the Bank of New York last year, has picked up an apartment at 920 Fifth Avenue for $7.55 million, $2.55 million less than what it was first listed for in April 2008.
--The Hampshire House apartment once owned by the late Wall Street titan Zalman Bernstein is back on the market at a discount. The 25th-floor residence first went on the market for $17.5 million in 2007 but is now priced at $11.5 million. The listing is here.
--Arlene Farkas, the ex-wife of real estate heir Bruce Farkas, has cut price of her 14-room duplex at the River House. The five-bedroom co-op first hit the market for $15 million last November and is now listed for $12.3 million.
--Retired Phillip Morris executive Murray Bring, and his wife, Kathleen, have sold their 14th-floor apartment at 935 Park Avenue for $3.625 million.
--via NYT, 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 use it as an exhibition space and archive.
--via Curbed, Christopher Nixon Cox, the grandson of Richard Nixon, has sold his two-bedroom apartment at 10 East 70th Street for $1.4 million.
--via NYT, hedge fund manager Steve Eisman, who took a loss on the sale of his old apartment at 1125 Park Avenue back in August, has bought a four-bedroom penthouse duplex at 1120 Park Avenue for $7.4 million, 36 percent less than the original asking price.
--Investor and philanthropist Ephraim Gildor has fond a buyer for his duplex penthouse at the Park Laurel. It was listed at $28 million.
--Victoria's Secret president Ed Razek has sold his one-bedroom co-op at 32 East 64th Street for $2.25 million.
--Deborah Doyle McWhinney, who was appointed as the head of Citi's Personal Wealth Management division this spring, has paid $2.88 million for a co-op at 25 East 86th Street.
--Hedge fund manager Paolo Pellegrini has closed on the purchase of a 3,500-square-foot apartment at 88 Central Park West. Pellegrini and his wife Henrietta paid $9 million for the co-op, down from the $10.995 million asking price that owners Ray Errol Fox and Jean Thomas were seeking.
From the NY Observer's Manhattan Transfers:
--Software mogul Marty Sprinzen has found a buyer for his apartment at 838 Fifth Avenue. He bought for the ninth-floor residence for $15.8 million in 2007 and put it on the market for $24.5 million in May.
--Abigail Disney, Walt Disney's grandniece, put her two 300 West End Avenue apartments on the market for a combined $13,445,000 in 2008. She had paid the singer Harry Belafonte just $10.75 million for them a year and a half before. Last month, she and her husband sold off the apartments for $7.2 million, $3.55 million less than they'd paid.
From the Chicago Tribune's Elite Street:
WBBM-Ch. 2 political editor Mike Flannery has listed his longtime 17-room mansion in Beverly for $1.25 million. The listing is here.
--An 11-room, red brick center-entry Colonial-style house in Kenilworth that served as actor Steve Martin's family home in the 1987 movie "Planes, Trains & Automobiles" has sold for $1.4 million after initially being listed in 2007 for $2.995 million.
--Tammy Walker, wife of the late Northwestern University football coach Randy Walker, has taken a big loss on the 13-room Colonial-style house in Wilmette that she and her husband purchased shortly before his death in 2006, selling it for $1.555 million.
From Homes and Property UK:
--Pete Townshend's ex-wife Karen has sold Tennyson House, the Twickenham mansion where she and Pete raised their three children. The three-story Georgian brick house sold for £5.5 million.
--Comedians Lenny Henry and Dawn French have dropped the price on Hyde End Farm, their six-bedroom Grade II-listed Georgian home near Newbury. It was listed at £3 million through Strutt & Parker but is now down to £2.25 million.
From the Real Estalker:
--Michael Bay has picked a large piece of land in Bel-Air. He paid $10.9 million for a 4.93 acre, 3-parcel property with beautiful views. The current main house measures 6,067 square feet and includes two bedrooms but Bay may be planning to tear the house down.
--Did CNN news anchor Anderson Cooper and his partner buy a firehouse on West Third Street in New York City's Greenwich Village?
--Lisa Marie Presley has listed at home in Hidden Hills, California for $8.95 million.
--Media heir Lachlan Murdoch and his wife Sarah have spend $23 million Australian on Le Manoir, an estate in the suburbs of Sydney, Australia. The mansion was sold at auction by the French Government who used the Bellevue Hill estate as their consulate.
--Rumors are swirling that Tom Cruise paid $18 million for a home in San Francisco's Sea Cliff neighborhood but the Real Estalker thinks the buyer could also be Larry Ellison.
From the Wall Street Journal's Private Properties:
--Casino mogul Steve Wynn has paid $7.5 million for a Sun Valley, Idaho home.
NBA player Allen Iverson has cut the price of his Villanova, Pennsylvania home again. It is now listed at $3.25 million. It was at $3.999 million when we checked it out as an estate of the day last year.
Gallery: Iverson in Villanova