arthur blank

Sunday Real Estate Round-Up, 03/14/10

Filed under: Estates, Celebrity Shopping

From the Wall Street Journal's Private Properties:
--Arthur Blank, co-founder of Home Depot and owner of the NFL's Atlanta Falcons, has cut the price on his Atlanta home to $6.9 million. It was listed at $8.9 million when we checked it out as an estate of the day last year.

Gallery: Arthur Blank In Atlanta

--Christopher Nassetta, president and chief executive of Hilton Worldwide, has sold his Los Angeles home for $18 million, which is about 35% less than his $27.5 million purchase price in 2007.
--The Manhattan apartment of Sheila Lukins, a best-selling author of the "Silver Palate" cookbooks who died last August, has gone into contract for an undisclosed price. The co-op in the Beresford was most recently listed at $3.15 million.

From the NY Post:
--Fashion designer Elie Tahari and his wife are looking to unload more than $70 million worth of property. Properties include a penthouse at 860 Fifth Ave. worth around $10 million, the 51st floor of 1 Central Park West, which is estimated to be worth at least $18 million, a house in Amagansett for $6.8 million, a loft on Prince Street for around $22 million and an oceanfront home in Sagaponack.
--Screenwriter Paul Schrader has closed on a $1.9 million condo at 350 W. 23rd St.
--Brown Harris Stevens' brokers Wendy Maitland and Reid Price have sold their $19.5 million listing at 26 W. 76th St.
--Billionaire and new daddy Henry Silverman has spent $900,000 on a Hamptons summer rental and also bought 381 Hedges Lane in Sagaponack for $14 million and is looking to buy in New York City for something in the $28 million range.

From Forbes:
What does it take take to sell a $50 million house? Forbes reports on the selling of the Duke-Semans mansion and the Frick Manor.

From the LA Times Hot Properties:
--Actor French Stewart and his wife, actress and interior designer Katherine LaNasa, have sold their Hollywood Hills-area home for $3.637 million. The home was originally listed for $4.195 million.
--Producer David Lipman has sold his Hollywood Hills home for $1.9 million, according to the Multiple Listing Service, it was first listed at $2.195 million.
--Former Los Angeles Clippers basketball player Lamond Murray has sold his Manhattan Beach house for $2.525 million.
--Deborah Pratt, who wrote and appeared in the television show "Quantum Leap" has sold her Holmby Hills-area home for $2.9 million.
-- Ashley Olsen has sold her Hancock Park home for $1.399 million, the price it was listed at just last month.

Gallery: Ashley Olsen in Hancock Park

From Berg Properties Big Time Listings:
--Screenwriter, director and actor Mike Binder has listed his five-bedroom mansion in Pacific Palisades for $7.595 million.

From the Real Estalker:
--Jeana Keough of the Real Housewives of Orange County has saved her home from foreclosure.
--Mischa Barton has listed her Beverly Hills post office home for $8.395 million.

Tags: arthur blank, ashley olsen, celebrity real estate, elie tahari, french stewart, lamond murray, mischa barton, paul schraider, sheila lukins

Arthur Blank In Atlanta, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Sports

Atlanta Falcons owner Arthur Blank isn't planning to leave the city his team plays for but he is trying to sell his Atlanta home so he can move to another one. The co-founder of Home Depot has had his Buckhead area home on the market for a year with no sale and the Wall Street Journal's Private Properties reports that Blank has now cut the price by 18 percent to $8.9 million. Blank bought the home in 1993 for $3.38 million so he will still make a tidy profit on the deal. The home was built in the early 1950s and is located in the Tuxedo Park neighborhood. The seven-bedroom home is on four acres with a three-car garage and a pool.

This home is located near another mansion which has had a price cut. Windcrofte, the former mansion of the former head of Coca-Cola, Robert Woodruff. It was listed at $13.9 million last year and is now listed at $10.9 million.

Also in the area, the Atlanta Journal-Constitution reports that Rossdhu, the 91-year-old mansion we covered as an estate of the day last December has had a price cut. It was $14.5 million and is now listed at $11.75 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

Gallery: Arthur Blank In Atlanta

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Tags: arthur blank, ArthurBlank, atlanta, atlanta falcons, AtlantaFalcons, buckhead, estate of the day, EstateOfTheDay, tuxedo park, TuxedoPark

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