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SylvesterStallone

Sunday Real Estate Round-Up, 03/15/09

Filed under: Estates, Celebrity Shopping


The world of real estate reporting lost one of the greats this week. Braden Keil who wrote the Gimme Shelter column for the NY Post succumbed to cancer. He was a sharp writer and a true gentleman and will be much missed.

From the Wall Street Journal's Private Properties:
--Golfer Jim Furyk has listed his Hawaii mansion, shown above, for $7.5 million. The listing for the five-bedroom home with ocean views is here.
--A duplex in a small 19th-century New York building where painter Mark Rothko once lived is for sale for $2.75 million.


From the Real Estalker:
--Patrick Dempsey has put his Bel Air home on the market for $3.595 million. The listing is here.
--Singer Jesse McCartney has listed his Hollywood Hills home for lease for $4,900 a month. The listing is here.
--Diane Keaton has listed her Beverly Hills, California home for $12.995 million. The listing is here. You can see interior pictures from when the home was covered in Architectural Digest here.
--Max Weinberg, drummer for Bruce Springsteen's E Street Band and the leader of Conan O'Brien's house band has bought the home on Mulholland Drive in Los Angeles being sold by Naomi Foner and Stephen Gyllenhaal. The couple, who are the parents of Jake and Maggie Gyllenhaal first listed the home at $4.2 million but had dropped the price to $3.495 million. It is rumored to have sold for around $3.1 million.
--Producer Mike Medavoy and his wife Irina have listed their home in the Beverly Park community of Beverly Hills again. The home was listed at $23.5 million when we checked it out as an estate of the day in April 2008 but is now on the market for $19.95 million.

From the LA Times Hot Property:
--Sally Field has put her Malibu home on the market for $6.95 million. It is our estate of the day later today.
--Keith Gonzales, the editor of the Players Directory the film and television industry's oldest and best-known casting guide, has put his Los Angeles home up for sale for $4.399 million. The property website is here.
--Chef Mark Peel has sold his home in the Windsor Square area of Los Angeles for $3.25 million

From Berg Properties Big Time Listings:
--Actress Golden Brooks of TV's "Girlfriends" has placed her four-bedroom, home in the Hollywood Hills on the market for $1,799,900. The listing is here.
--Baby Phat fashion designer Kimora Lee Simmons has dropped the asking price of her home in the Beverly Hills post office area to $6.9 million. It was listed at $7.75 million when we checked it out as an estate of the day last June.
--Actor Robert Loggia has listed his four-bedroom home in the Bel-Air area of Los Angeles for $3.65 million. The listing is here.

From Move Trends:
--Last summer, Sylvester Stallone purchased a property along with the lot next door in the Lake Sherwood area of Thousand Oaks, California for a total of $6.35 million. Now the home is up for sale for $5.2 million and the adjacent lot is also for sale for $1.65 million.
--Red Hot Chili Peppers frontman Anthony Kiedis' former six-bedroom home in Los Angeles is listed for $3.195 million.

From AOL Real Estate:
--Check out the amazing homes of some of America's billionaires.
--The best suburbs to live well for less.







Sylvester Stallone's Restaurant Deal

Filed under: Dining, Celebrity Shopping

In the movie "Rocky Balboa" Sylvster Stallone's iconic boxer character became a restaurant owner. Now Stallone owns an Italian restaurant in real life, or at least he partly owns a whole chain of them. Stallone, Charlie Sheen and Danny DeVito celebrated the Planet Hollywood purchase of the Buca di Beppo restaurant chain on Wednesday at the restaurant's Universal City location. The restaurant will be serving Danny DeVito's Premium Limóncello, with a portion of the proceeds from Limoncello sales going to benefit The Heart Association. The chain serves family style Italian food including pizza, ravioli, and chicken Marsala at modest prices.

Stallone should be advised that restaurant owning isn't all fun and games. The Nobu chain, which is partly owned by Robert De Niro, recently paid $2.5 million to settle a lawsuit over the way it handle worker tips.

Stallone Earns Big Money For Vodka Ads

Filed under: Spirits

Sylvester Stallone, has battled Russians in the movies but now he is happy to say "There's a bit of Russian in all of us." That's the slogan for the new ads he is doing in Russian for the vodka brand Russian Ice. Russian vodka producer Synergy announced that Stallone signed a one-year contract to promote the brand. Despite the fact that his character Rocky pummeled Soviet boxer Ivan Drago in Rocky IV and his other iconic action hero, John Rambo mowed down Soviet troops in Afghanistan, Stallone is popular in Russia. Synergy is also tauting the fact that Stallone, though most known for his Italian heritage, does have a Russian great-grandmother, Rosa Rabinovich from the Ukranian town of Odessa. Stallone will pocket around $1 million for the ads.

The Classicist: Panerai Past & Present

Filed under: Timepieces / Watches, Books, Men's Style, The Classicist


Photo by Éric Sauvage and Nils Herrmann

Officine Panerai, founded in Florence in 1860, makes some of the most coveted wristwatches in the world. They only produce a limited number of timepieces every year, and there's usually a long waiting list for new models costing several thousands of dollars. The company is credited with perfecting the world's first underwater watches in the thirties; many have imitated its oversized style and the numerous devoted Panerai collectors around the globe are known as "Paneristi." Since 1996 the company has also produced a line of watches for Ferrari and serves as the marque's official timekeeper. An impressive new slipcased volume, called simply Panerai, about to be published by Flammarion, details the fascinating history of these beautiful watches.

Early on the company became the official supplier to the Marina Militare (the Royal Italian Navy), initially providing optical and mechanical instruments. In 1910 they began experimenting with luminous materials to make the instrument dials visible in the dark. In 1936 the Marina Militare asked Panerai to develop a wristwatch suitable for use by commandos under extreme conditions. Thus was born the oversized, water-resistant, luminous dial Radiomir, production of which began in 1938, cementing a place for Panerai in the pantheon of the world's great watchmakers.

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