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CathleenGallagher

Sunday Real Estate Round-Up, 11/09/08

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal's Private Properties:
--Kelsey Grammer is trying to sell two Los Angeles houses he bought last year. One, his "fantastic flip" in Holmby Hills, we've mentioned before as an estate of the day, and he recently dropped $1 million off the price so that it now is listed at $18.9 million. The other, shown above, is in the Bel-Air neighborhood has recently been listed for $4.35 million. He bought the home for $4.05 million. The listing is here.
--A penthouse buyer at The Grand Madison, a Fifth Avenue development in Manhattan, is suing El-Ad Properties for $6.4 million claiming fraud and breach of contract.
--Greg Norman's ex-wife Laua Adrassy has picked up a home in New York's Hamptons for $7.55 million.

From the LA Times Hot Property:
--Musician Jakob Dylan has put his Los Angeles home on the market for $11 million. It's our estate of the day later today.
-- Model Cathleen Gallagher has just listed for $5.595 million a spec house in Pacific Palisades that she designed and developed. The solar-powered house is a three-story California Craftsman on the Las Lomas Bluffs. It has seven bedrooms plus a three-car garage. The property website is here.
--Russ Weiner, the founder of the Rockstar energy drink company is selling another piece of real estate. He dropped the price on his Sunset Strip area home by two million dollars. It is now listed at $2.995 million. The listing is here.
--Music and video producer John Diaz has put his home La Casa Moderna in the Mar Vista area on the market for $3.995 million. The listing is here.
--Are the Maloofs in financial trouble? They are certainly selling a lot of real estate. We heard about Joe Maloof's listing previously now comes news that his brother Phillip listed his Beverly Hills home at $16.995 million (the listing is here). His mother, Colleen, put her Beverly Hills home on the market in May, and it is listed at $10.995 million.

From the NY Observer's Manhattan Transfers:
--A two-year-old deed for Bravo chief Lauren Zalaznick's NYC co-op at the Stewart House in New York City shows that she and her husband paid $3.25 million.
--Bella Sapir, the ex-wife of billionaire Tamir Sapir just closed on a $8,895,000 penthouse at the new Veneto on East 53rd Street.
--Ramesh Singh, an executive at the huge Swiss-based bank UBS, who now has two huge Park Avenue apartments on the market-both listed at enormous discounts. His apartment at 860 Park Avenue has been cut to $9.5 million down from $13.4 million, and his 15-room duplex at 823 Park Avenue is listed at $19.95 million down from $24.75 million.
--New York City's most expensive listing, the $80 million penthouse at Fifteen Central Park West, has come off the market but an 18th-floor duplex in the building is quietly for sale for $75 million.

From the NY Post's Gimme Shelter:
--Tommy Hilfiger has rented a quadraplex apartment in a 12-story condo building that was formerly owned by Sean "Diddy" Combs. He is paying around $50,000 per month for a five-bedroom, seven-bathroom apartment located on Park Avenue in the mid-70s.
--Naomi Watts and Liev Schreiber might not be moving into One Madison Park, where they were in contract to buy two apartments. Watts has been spotted checking out a three-bedroom duplex at 79 Laight St., a TriBeCa building known as the Sugar Warehouse, with a $5.3 million asking price.
--The apartment that Bella Sapir recently bought for $8.9 million is now back on the market for $13.5 million. The listing is here.
--Erin Callan, the former Lehman Brothers CFO is in contract to buy a new condo at 40 E. 66th St. She is said to be paying between $7.5 million and $8 million for a three-bedroom apartment.

From Newsday's Real LI:
A 6,000-square-foot Georgian mansion in Syosset, New York that was built in 1928, was once the centerpiece of a 110-acre summer estate owned by William Kennedy, president of one of New York City's largest construction companies. Now the home is on over two acres and is listed at $2.199 million.
--Former New York Jet Vinny Testaverde has cut the price on his Oyster Bay Cove home to $4.6 million. It was listed at $6.495 million when it was our estate of the day earlier this year.
Prudential Douglas Elliman Real Estate is holding a grand open house at a new home in Sag Harbor on November 14. It will include a wine and cheese pairing and a fine art photography installation. The home is on the market for $2,995 million.

From the Real Estalker:
--Nicholas Cage has listed his private island, Leaf Cay, in the Exuma Island chain in the Bahamas for sale for $7 million.
--via Page Six, Jeremy Piven is staying at The Atelier while he is in New York doing Speed the Plow.
--The Real Estalker checks out the home that teenage actress Hayden Panettiere picked up earlier this year for $2.635 million.
--Lance Bass has relisted his Beverly Hills post office mansion. This will be our estate of the day on Monday.
--Rumor has it that British pop star Robbie Williams backed out of the $15,000,000+ contract he signed for a house in Beverly Park.
--Simon and Tamra Barney of The Real Housewives of Orange County have listed their home in Ladera Ranch, California for $1.59 million. The listing is here.



From Berg Properties Big Time Listings:
--A home owned by music producer and drummer Michael Blakey in the Beverly Hills post office area has been reduced to $2.995 million down from an original asking price of $4.695 million. The listing is here.
--Another round of which celebrity owns this house. The Brentwood house in question is listed for $11 million.
--A vintage Spanish-style house in Bel-Air that was built for silent film actress Colleen Moore is now on the market for $18.95 million. The property also is available for rent for $45,000 a month. The listing is here.

From Kansas City.com:
--The Missouri home of Tammy Faye Messner (better known as Tammy Faye Baker) is on the market for $1.5 million. The listing is here.



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