Mary-Kate and Ashley Olsen were once tween moguls but just because they are all grown up that doesn't mean their dealmaking days are done. The pair will be collaborating with jewelry designer Robert Lee Morris on a licensed jewelry line. The collection will be named Robert Lee Morris for Elizabeth and James. Elizabeth and James, named for the Olsens's siblings, is their contemporary fashion line. The jewelry line will be more than 80 pieces with an urban flair including metal cuffs, turquoise beading and designs with daggers and crosses. The pieces will arrive in Intermix stores this fall and will retail from $65 to $700.Mary-Kate and Ashley Olsen Working On A Jewelry Line
Mary-Kate and Ashley Olsen were once tween moguls but just because they are all grown up that doesn't mean their dealmaking days are done. The pair will be collaborating with jewelry designer Robert Lee Morris on a licensed jewelry line. The collection will be named Robert Lee Morris for Elizabeth and James. Elizabeth and James, named for the Olsens's siblings, is their contemporary fashion line. The jewelry line will be more than 80 pieces with an urban flair including metal cuffs, turquoise beading and designs with daggers and crosses. The pieces will arrive in Intermix stores this fall and will retail from $65 to $700.Sunday Real Estate Round-Up
From the NY Times Big Deal:--The Wanamaker Munn house, a grand limestone and brick townhouse on East 90th Street that had been in the same high society family since the 1920s has been listed at $33 million. The home, shown at right, maintains much of its original details including 10 period fireplaces, a curved grand staircase and elaborate molding and woodwork. The listing is here.
From the NY Times Big Deal:
--Dan Aykroyd and his wife Donna Dixon have listed their New York apartment for $7 million. The couple seems to be in move mode. As we learned earlier this year, their Hollywood Hills home is also on the market for $4.2 million. It turns out that their NY apartment is one I covered a few weeks ago as an estate of the day. Check it out here.
From the NY Post's Gimme Shelter:
--Steven Spielberg is snapping up properties near his East Hampton estate. He is negotiating to buy two properties that would add an additional six acres to his compound.
--Former "Saturday Night Live" cast member Chris Parnell has sold his one-bedroom condo loft in SoHo for $1.8 million and is headed to Hollywood.
-- New York University selling a luxury apartment at The Pierre hotel for $7.6 million. The buyer is Ali Fayed, the brother of Harrod's owner Mohamed Fayed. The 19th-floor two-bedroom co-op was being used as faculty housing for a lucky professor and his family. Fayed also bought an adjoining one-bedroom unit for $2.6 million.
--The penthouse apartment of Hollywood casting director Vic Ramos, who died last October at age 77, is on the market for $3.3 million. The apartment is a three-bedroom duplex with a glass-enclosed den, two fireplaces, a greenhouse and a fully landscaped garden with an outdoor fireplace. The listing is here.
From the NY Observer's Manhattan Transfers:
--A three-bedroom apartment that belong to Washington Post publisher Kay Graham has finally been sold, six and a half years after her death, for $2.3 million.
--Mexican radio and music publishing mogul named Rogerio Azcárraga Madero has picked up a couple of new apartments in New York, a $5.3 million penthouse duplex at 715 Park Avenue and a $8.26 million Plaza apartment. He owns many apartments throughout the city which he rents out.
--A 17-room, seven-bedroom duplex penthouse at 1060 Fifth Avenue, on the corner of 87th Street, will sell for around $46 million which is the most money ever paid for a New York City co-op.
From Big Time Listings:
--Action star Jason Statham is the latest celebrity buyer in the Broadway Hollywood Building in Los Angeles picking up an eighth floor unit in the building.
--Marlon Wayans has sold a condo unit in Los Angeles' Sherman Oaks area for $650,000 and has also bought into the Broadway Hollywood building, purchasing a ninth-floor unit in the building.
--Looks like actor Chris Parnell has moved into my neighborhood, he paid $620,000 for a two-bedroom, tri-level town house in Silver Lake.
--Kanye West's six-bedroom Beverly Hills teardown may be sold. The home is now listed as "looking for backup."
--Debbie Harry has paid $580,000 for a co-op apartment in Manhattan's Chelsea neighborhood.
--It's looking more likely that Jason Lee is in fact the buyer of Robert Cray Los Feliz home.
From the Real Estalker:
--The listing for Greg Norman's $65 million Florida estate is up. We'll discuss this later as our estate of the day.
--An update on Michael Jackson. He has had to pay a $3.8 million settlement to his manager Dieter Wiesner that was payable on November 15 and remains in default on the $23,000,000 loan secured by Neverland Ranch. Rumor has it that people are looking to buy the place including Simon Yates, a British discount clothing store owner and of course, the subject of nearly every real estate rumor of late, Brad Pitt and Angelina Jolie.
--via Newsday, Tommy Hilfiger may have finally sold his East Hampton home. It has been listed for a while at $24.5 million and Mariah Carey rented it this summer for $350,000. Newsday reports that the buyer paid $2 million more than list price in order to keep the furnishings. It was our estate of the day back in October 2006.
--via new blog Real Sedated. Actress Anna Farris and Ben Indra have put their home on the market for $1.995 million (the same price the couple bought at in November 2005). The virtual tour is here.
-Ricky Martin has put his house in Golden Beach, Florida on the market for $22.5 million. He bought the home in April 2007 for $16.25 million and seems to be looking for a quick flip. The listing is here.
--Ashley Olsen has picked up a four-bedroom home in the Hancock Park area of Los Angeles for $1.575 million.
--from the NY Post, Madonna has filed suit against her Central Park West building's co-op board. She says that the board wrongfully blocked her from buying a neighbor's apartment.
From the LA Times Hot Property:
--Los Angeles Laker Luke Walton has moved up in Manhattan Beach paying $2,750,000 for a new house and selling his town house for $1,235,000.
--A home known as the Bette Davis estate in Palm Springs has been sold for $5 million, about the asking price when the property was listed in June.
--A home lived in by Alice Backes, a character actress from the 1950s to the late '90s, is now on the market for $1.39 million. The listing is here.
The Row by Ashley Olsen
The Olsen twins already have their own fashion line for younger girls at Wal-Mart and they aged-up their image a bit by modeling for designers earlier this year. Now, Ashley Olsen is planning to launch her own designer line of clothing, called The Row at some point in the not-too-distant future, as indicated by the fact that she appeared in a piece of her own design over the weekend: the cropped tartan jacket, pictured. We will have to wait to see whether the girls' taste for shapeless, heavy clothes carries into the line and onto the runway. Anyone else wonder why Mary Kate doesn't seem to be joining in the venture?
[via Flypaper]





