From the LA Times Hot Properties:
--Actor Christopher Lloyd has put his smaller house in Montecito, shown above, for sale for $3.6 million. The elegant home has two bedrooms, bamboo floors and a raised bamboo pergola overlooking the pool and spa. His other home in the area which was listed in 2007 for $11.27 million and was an estate of the day, has been taken off the market.
--Mark Wahlberg has listed his house in Beverly Hills at $15.9 million. The listing is here.
--Basketball player Elton Brand has sold his Hollywood Hills home for $4.55 million.
--Buffy the Vampire Slayer creator Joss Whedon has listed his home in Brentwood. it's our estate of the day later today.
Another "Buffy" and "Angel" veteran, writer David Greenwalt, recently sold his house in the Pacific Palisades for $2.958 million.

From the NY Post's Gimme Shelter:
--The asking price for the triplex penthouse at artist Julian Schnabel's, pink Palazzo Chupi building in the West Village has been cut by $5.5 million to $24 million. It was our estate of the day earlier in the year.
--Quarterback Tom Brady has cut the price on his Time Warner Center apartment from $18.29 million to $17.75 million. We'll be checking this one tomorrow.
--Cosmetics mogul Adrien Arpel and her husband, Ronald Newman, have paid $5.9 million for a seven-room co-op at 900 Fifth Ave.
--One of the Hamptons' premier properties, Fordune, will be listed for rent next year. This may be the first time since Henry Ford II owned the 42-acre oceanfront Southampton property. it will rent for $600,000 to use it from August through Labor Day next year and has 12 bedrooms, 12 bathrooms, a game room, a library, a large formal dining room, staff rooms and a commercial kitchen.

From Berg Properties Big Time Listings:
--Cher has paid $1,400,000 to purchase a two-bedroom, 1,455-square-foot house in West Hollywood,California. It may be a house for her daughter, Chastity.
--Regis Philbin has put his Greenwich, Connecticut home on the market for $5.4 million. It was our estate of the day on Friday.
--Brad Garrett finally has sold his 10,223-square-foot mansion in Hidden Hills, California. The most recent listing price was $8.35 million.
--Little more than a year after he sold it for $2.9 million, the former house of fashion critic Steven Cojocaru in the Hollywood Hills is back on the market, for $3.695 million. The property website is here.

From the Wall Street Journal's Private Properties:
--The home used to film ABC's "Bachelor" shows is for sale and the price has been dropped to $8.75 million, down from just under $13 million. You can see listing pics from when the home was listed at $11.5 million here.
--Last month, philanthropist Carroll Petrie sold a Palm Beach, Fla., house for $3 million, $500,000 less than she paid less than a year earlier, to investor John D. Firestone, of the tire-manufacturing family. In May, she paid $7.45 million for a 6,700-square-foot, five-bedroom home about a mile farther south.

From Newsday's Real LI:
-- A 4.08-acre property on Meadow Lane in Southampton will be listed soon for $38 million. According to public records, the oceanfront mansion was owned by Virginia Salomon, who died last month. She was married to Citigroup's honorary chairman William R. Salomon (and former managing partner at Salomon Brothers, Inc.) for more than 70 years. The 6,000 square foot house, built in 1992, has six bedrooms and eight baths, with a gunite pool and is located just west of designer Calvin Klein's home.
--Hairspray actress Nikki Blonsky may or may not be leaving Great Neck. Her family's home was recently seen on the Multiple Listing Service of Long Island for $649,000.
--Hilary Duff's longtime boyfriend, New York Islanders center Mike Comrie has purchased a condo in Garden City.


From the Real Estalker:
--Former Green Bay Packer quarterback Brett Favre has listed his Wisconsin home for $475,000. It was our estate of the day on Saturday.
--Technology guru Halsey Minor is not only trying to sell his home in Bel Air, he is said to be spending $15 million to renovate Le Petit Trianon in San Francisco, which he bought in 2007. The home was on the market for a while (I first got wind of it in 2005) and is said to be in some disrepair.
--The listing for the $24 million Goldwyn mansion has been temporary pulled from the market so that it can be renovated.
--Baseball player Tom Glavine and his wife Christine have put their home in Alpharetta, Georgia on the market for $3.75 million. We'll be looking at this one as an estate of the day on Monday.
--Cameron Diaz is said to be house shopping in Beverly Hills.
--More Ben Affleck and Jennifer Garner real estate rumors, this time it is said that they have put their home in Brentwood on the market for around $8 million.
--Tae-Bo king Billy Blanks is getting a divorce and has put his Hidden Hills home on the market for $11.5 million. The listing is here.

From The Sun:
--Robbie Williams has picked up a seven-bedroom mansion in the Beverly Park community in Los Angeles for over $20 million.

From ONTD:
--Lauren Conrad of The Hills has been spotted house shopping in her home town of Laguna Beach.

From the NY Observer's Manhattan Transfers:
-- Kurt A. Locher, formerly a Lehman Brothers managing director recently bought a $5.25 million apartment at 500 West End Avenue. His old place on Park Avenue is still on the market for $2.495 million. We discussed this one earlier this week.
--According to numbers prepared for The Observer by research site StreetEasy, the days of easy luxury apartment sales are over. As of Monday, Manhattan had 168 super-luxury listings asking at least $15 million each which is nearly twice the number from autumn 2006.
--Former investment banker Jack Grubman has put his New York City townhouse on the market for $32 million. It was our estate of the day on Thursday.
--Sarah Allentuch, a former assistant to Woody Allen, and her husband, Greg Mottola, who directed Superbad recently bought a $2.6 million apartment at the new One York condo.
----An East River mansion, 7 Sutton Square, has sold for $32.5 million, well above its $25 million asking price. The seller is William F. Reilly, a retired magazine mogul and the buyer is listed anonymously, though a billing address is given care of Wildenstein & Co., which suggests that the house now belongs to the art collector Guy Wildenstein.

From the Daily Mail:
--James Bond star Daniel Craig has picked up a £4million apartment near Regent's Park in London.

From the LA Times Hot Properties:
--Celebrity manager Rick Yorn has sold his Brentwood house for $9.35 million.
-- Wrestler Stone Cold Steve Austin listed his 3,881-square-foot house in Malibu for $3,895,000 originally, it just sold for $2.5 million.
--The home belonging to Kanye West's mom, Donda West is expected to get another price cut, to $1.595 million. The contemporary home in the Playa del Rey area of Los Angeles was originally priced at $1.945 million and was dropped to $1.745 million at the end of May. The listing is here.
--The Polaroid house, shown above, is located on Malibu's Carbon Beach, has been home to plenty of A-list parties but with Malibu's new paparazzi crackdown the home is looking for just one owner. The property has 80 feet of beach frontage and has approved plans to build a 6,000 square foot estate with a beachfront pool and spa as well as the existing home. It is listed at $32 million.

From the NY Post's Real Estate section:
--Fashion designer Tommy Hilfiger is about to list his Plaza apartment for $50 million. The apartment is located in the northeast dome on the 18th and 19th floors of the building and includes four bedrooms, a formal dining room, large living room, library and gourmet kitchen.
--Paul McCartney is looking for a New York City apartment closer to the Upper East Side apartment of his new flame Nancy Shevell.
--Denis Leary's TV series "Rescue Me" has just signed a six-month lease with Loft 14, the 10-story condominium building at 135 W. 14th St., where taping of their fifth season will begin this month. The lease is for $14,000 a month and the apartment has a real asking price of $2,375 million.

From Berg Properties Big Time Listings:
--Actor Chris O'Donnell has paid an undisclosed amount for a house in Pacific Palisades. The seller bought it last year for $4.675 million. He sold his last house in Pacific Palisades for $5.05 million.
--Jamie Foxx has sold his Tarzana home. It was our estate of the day back in June.
--Nicolas Cage's Bel Air home is back on the market, this time for $29.999 million. It hit the market last September for $35 million and was later pulled. The listing for the classic home which has been owned by both Dean Martin and Tom Jones is here.
--Glenn Frey has paid $7.75 million for a six-bedroom estate in Hana, Hawaii, on Maui.
--Kiefer Sutherland has paid $8.25 million for a t five-story town house in Manhattan's West Village.

From the Real Estalker:
--Looks like neither Donald Trump nor the mystery buyer have picked up Ed McMahon's house. It is still listed at $4.6 million.
--Rumor has it that Cher has sold her Malibu mansion which was listed at $45 million.
--Stevie Wonder has put his home in Los Feliz on the market for $3.2 million.
--Nascar racer Denny Hamlin has put his North Carolina home on the market. It's our estate of the day later today.
----via Boston.com, quarterback Tom Brady is a real estate winner. He converted a Beacon Street town house into four condos and sold three of them saving the top floors floors for himself. As a result he earned back more than he paid two years ago for the building. His total proceeds were $7.95 million which is $1.71 million more than he paid for the entire building, according to public deed records.
--via Nashville City Paper, country singer Kix Brooks of Brooks & Dunn and his wife Barbara are the buyers in Nashville's biggest home sale of the year. They paid $5.45 million in August for a new house in Forest Hills.
--via the Real Deal, Moby sold his penthouse at the El Dorado, the twin-towered cooperative apartment at 300 Central Park West near 90th Street, for $6.7 million. It was our estate of the day in July of 2007 when it was priced at $7.5 million.
--Dane Cook has picked up a four-bedroom home in the Hollywood Hills for $7,078,412.

From the Wall Street Journal's Private Properties:
--Basketball player Allen Iverson has reduced the price on his Villanova, Pennsylvania home by 37%. We will be checking this out as our estate of the day on Monday.
--Basketball player Rasheed Wallace has cut the price on his Portland, Oregon home. It will be our estate of the day on Tuesday.
--Actor Matthew Modine has purchased a condominium in New York's Chelsea section for $1.7 million.
--Leonard Ross who put the Hearst estate in Beverly Hills on the market for $165 million has taken it off the market. He has decided to keep the home.

From the NY Observer's Manhattan Transfers:
-- A co-op penthouse in 1060 Fifith Avenue has sold for $48,836,000 setting a new co-op price record in Manhattan. Hedge fund manager Scott Bommer and wife Donya. The couple bought the home for $46 million penthouse back in January. The buyer is listed anonymously on the deed as Park View Trust.
--Writer Ian Buruma spent $1,495,000 on an apartment at the Kalahari on West 116th Street. He and Eri Hotta, who taught at Oxford until 2005, closed last month.
--Ben Stiller spent $10 million on a duplex in a prewar orange-brick co-op on Riverside Drive in the West 80s, the same building that his parents, Jerry Stiller and Anne Meara, have lived in for years.

Cher recently put her Malibu estate on the market for $45 million and we have covered her former Miami home before, now let's check out another of Cher's fabulous cast-offs. Today's estate is in Key Biscayne, Florida. The six-bedroom home is located on the water and has a man-made private beach and 100 feet of water frontage. Still can't get enough water? The home also has an infinity cascade pool and a separate spa. The home is designed to take advantage of the weather with multiple terraces and many windows. White walls, light wood floors and dark wood and white furnishings along with some interesting contemporary art gives the home a modern look. Cher's former home is listed at $12.9 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Has someone finally picked up Villa Versailles? The over-the-top Malibu mansion which we featured as an estate of the day back in May, is now listed as having gone to contract.

From the NY Post's Gimme Shelter:
--Two Trees Farm, the site of the Bridgehampton Polo Club has gone on the market for a whopping $95 million. The land is 115 acres, which has preliminary approval for 18 "estate parcels," as well as two houses, an eight-unit apartment building, three barns, two indoor riding arenas, two polo fields, a pool and a tennis court.
--Natalie Portman has put her apartment, shown above, in Richard Meier's transparent West Village tower at 165 Charles St. for $6.55 million. The listing for the three-bedroom pad is here.
--Mel B. (aka Melanie Brown or Scary Spice) is in negotiations to buy a two-bedroom apartment with a $2 million price tag at Platinum, the nearly completed Midtown condominium complex on Eighth Avenue and 46th Street.
--Heather Mills has just closed on a full-floor condo at the Richard Meier-designed 173 Perry St.
--Sports broadcaster Bob Costas has sold his Time Warner Center apartment in the south tower for $8.5 million.

From the LA Times Hot Property:
-- Mark Peel, executive chef and owner of Campanile, has bought a classic Mediterranean in Hancock Park that was listed for $3.1 million. Peel's wife, comedian Daphne Brogdon, is host of TV Guide Channel's weekly series "The Fashion Team." She is creator of CoolMom.com.
--Fashion designer Christian Audigier has bought a just-restored Spanish-style hacienda that had been listed for $2.15 million.
--Actress Luciana Paluzzi and Michael Solomon,former president of Warner Bros. International and co-founder of Telepictures Corp. have llisted their Beverly Hills home for $19.995 million. The 13,638-square-foot Spanish-style house was built in 1988. The property website is here.

From the Real Estalker:
--Perez Hilton recently showed off his apartment on MTV Cribs.
--Jessica Lange and Sam Shepard have put their home in Stillwater, Minnesota on the market for $1.95 million. It's our estate of the day later today.
--Film and television composer Graeme Revell has listed his Malibu estate for $27.5 million. He and his wife Brenda purchased the five acre estate in May of 2004 for $12 million. The listing is here.
--Rumor has it that Ed McMahon may have finally unloaded his home.
--via TMZ, real estate agent Josh Flagg who stars on Bravo's Million-Dollar Listing TV show has been arrested for stealing valuable paintings from listed houses.
--Pete Wentz has put his Hollywood Hills home on the market for $1.799 million. The property website is here

From the NY Observer's Manhattan Transfers:
--Grateful Dead bassist PhilLesh and his wife, Jillspeth, paid $1,775,000 earlier this month for a condo on Prince Street near Broadway.
--Three new expensive rentals have hit the marketing charging $75,000 per month (nearly $1 million per year). At the Plaza, the founder of European operations for the clothing company Esprit, Jürgen Friedrich, put the building's largest original apartment, the Astor Suite, up for rent (he also recently put a Southampton home on the market for $67.5 million). The apartment listing is here. A duplex penthouse at 25 West Houston also went on the market for $75,000 a month, the listing is here. And there is also a $75,000 per month listing at the Waldorf Towers on East 50th Street (the listing agent Margaret H. Bay also has $95,000, $130,000 and $140,000 per month listings). The listing for the $75,000 apartment is here. The king of expensive rentals, is still the penthouse duplex at Trump Park Avenue that is being offered for $200,000 per month.

From Berg Properties Big Time Listings:
--Actor Johnny Knoxville has listed his three-bedroom home in the Hollywood Hills for $1.695 million. The listing is here.
-Music producer DJ Lethal has listed his two-bedroom contemporary-style house in the Hollywood Hills for $1.35 million. He purchased the home from actor Ivan Sergei's Lankershim Blvd Trust back in 2005 for the exact same amount. The listing is here.
--Once again rumors are swirling that Dr. Phil McGraw has placed his Beverly Hills mansion on the market for $18 million in a pocket listing, which means it is private and we can't show you a listing.
--Ted Danson and Mary Steenburgen's official sale price for their house in Malibu was $15.5 million.

From the Wall Street Journal's Private Properties:
--Cher's Malibu mansion has hit the market for $45 million. As Big Time Listings points out, the 14,000 square foot home was on the market in early 2007 for $25 million. The listing is here.
--Artist Jennifer Bartlett has sold her Manhattan townhouse, which includes a pool and her studio, for $17 million. It was previously our estate of the day back in July of last year.
--Shaquille O'Neal has dropped the price on his Miami home from $32 million to $29 million. I'll be taking a closer look at this one on Monday as our estate of the day.

Today' estate in Miami Beach, Florida (thanks, designer) was once home to Cher and has also served as a temporary residence for Janet Jackson and Julio Iglesias. Cher bought the property in 1993 for $1.5 million and rebuilt it. She sold in 1996 for $4.35 million to Barry Schwartz, former chairman and CEO of Calvin Klein who sold to real estate developer Todd Glaser and investment partner Armin Mattli, president of Clinique La Prairie, the Swiss spa/hotel/medical center ten years later. The property was completely redone and then rented to Janet Jackson last year for $85,000 a month, followed by Julio Iglesias and then Douglas Cramer, executive producer of the TV series Dynasty. The home which once featured in Architectural Digest, has six bedrooms, cabana and gym, two-car garage and dock.Details include a large inner courtyards, archways, rosette windows, keystone columns, a two-story living room, formal dining and large media rooms and a lap pool. The kitchen has double sub-zero stainless steel refrigerators, Traulsen wine cooler, huge white marble island and Wolf gas stove, also opens to wide covered terrace. The master suite has a walk-in closet, private covered terrace overlooking pool and wide views, and a 3rd story living room with large covered terrace overlooking water. This home is listed at $14.9 million which seems a bit ambitious for the current market even though it is a beautiful home.

[via Miami Herald]

From the NY Observer's Manhattan Transfers:
--The $50 million Kress Family penthouse duplex at 1020 Fifth Avenue is off the market. It hasn't been sold, the family is just tying up some loose ends.
--Ahmass Fakahany, a top-ranking executive at Merrill Lynch, and wife Alsun Keogh have sold off one of their apartments at the Police Building, thelaw enforcement HQ turned co-op at 240 Centre Street for $2.93 million.
--Actor Tim Blake Nelson and his wife Lisa just sold their 7.5-room prewar co-op at 37 Riverside Drive for $5.25 million. Their buyer is Jonathan Morris, co-founder of the retail fashion Web site Bluefly.
--Ashley and Mary-Kate Olsen have put their 12-room condo at One Morton Square, shown at right, on the market for $11.995 million which is $4,695,000 more than they paid for it three years ago, The apartment has been rented out for much of the time. The listing is here.
--Zach Braff has paid $3,200,000 for a 2,500-square-foot apartment in the building at 840 Broadway.


From the NY Post's Gimme Shelter:
--Sting and Trudie Styler have pulled their Central Park West duplex off the market. The couple have also purchased a $30 million condo at 15 Central Park West.
--A minor fracas has developed over the listing of Christie Brinkley's $30 million Bridgehampton estate. Stribling agent Jessica Mansell Ambrose has it listed as an exclusive on her site but Corcoran Group broker, Susan Breitenbach is supposed to have the listing.
--Billy Joel and his wife Katie Lee have closed on their latest Sagaponack property for $11.625 million. It was on the market for $12.99 million. Apparently restrictive building codes prohibited the couple from adding to the home they bought from Roy Scheider last spring for $16.75 million. The new property, just west of Scheider's old place, has a three-bedroom home that Joel may use as a studio.
--Seagram heir Edgar Bronfman Jr. has picked up a 10-room apartment for $18.75 million in the Carhart mansion. Bronfman and his wife Clarissa already have a posh co-op on Fifth Avenue so it is not clear what they will do with their latest acquisition.

From the NY Times Big Deal:
The $45 million triplex at One Madison Park, the tower going up at 23 East 22nd Street, will include a one-bedroom unit on a lower floor for use by a private butler, who will be provided by the condominium indefinitely and paid by it as well. The proposal is still in the planning stages.

From Berg Properties Big Time Listings:
--Actress Rashida Jones, daughter of Quincy Jones, has paid $1,240,000 for a two-bedroom Cape Cod-style house in West Hollywood.
--Todd Stashwick, who stars on "The Riches" on the FX network, has paid $1,255,000 for a three-story home in the Hollywood Hills.
--Actress Denise Richards has sold one of the two houses that she owns in Hidden Hills, Calif. for $3,800,000.
--It looks like Avril Lavigne has finally sold her home in the Mulholland Estates neighborhood in Beverly Hills. The house, which was listed at $6,200,000 now shows that it is "looking for backup" in the LA MLS.
--British celebrity Anouska De Georgiou has paid $1,180,000 for a four-unit apartment building in the Los Angeles' Grove area and a few months ago she paid $1,167,000 for a three-bedroom, Spanish-style house in Los Angeles' Fairfax/WeHo area.
--Victoria's Secret model Emma Heming is the latest celeb to pick up in an apartment in the Broadway Hollywood building in Hollywood, paying an undisclosed amount with her then-fiance, party promoter/DJ/nightclub guru Brent Bolthouse for a unit in the building that she no longer occupies. The couple split up and she moved back to New York City picking up a condo in Chelsea.
--Actor Wilmer Valderrama has also picked up a unit in the same building as above.

From the Real Estalker:
--Rumor has it that Jason Lee may be moving to the Los Feliz home currently owned by musician Robert Cray and on the market for $3,250,000.
--The house in Palm Springs that Cher flipped and put on the market at $2,495,000 has been reduced to 1,999,000. It was our estate of the day back in January.
--House flipper turned reality star Jeff Lewis has listed another home, this one in the Los Feliz area for $1.795 million.
--Actor Eddie Cibrian and his wife Brandi have put their Encino home of the market for $4.395 million. The Real Estalker mama wasn't a fan of the property but someone was, is already listed as "looking for backup." Check out the virtual tour and make your own judgement, Valley palace or slapdash decorating at its highest iteration?
--Britney Spears' former NY penthouse is back on the market for $6,995,000. Considering how much trouble Spears had selling this it is pretty amazing that Beverly Hills 90210 producer and writer Jessica Stein and her husband Isaac Levenbrown have put the home on the market for $2,995,000 more than they paid for it in August 2006. Spears also appears to have taken her Beverly Hills house off the market yet again. This after various gossip blogs have reporting that Spears has a fantasy room in the home and that Spears is not exactly the tidiest of housekeepers.
--Actress Angie Harmon and football player Jason Sehorn have put their three-bedroom Beverly Hills home on the market for $1.895 million. The listing is here. The Real Estalker Mama reports that the couple actually live in Hidden Hills in a much larger four-bedroom home that is right next to the one that Melissa Etheridge and Tammy Lynn Michaels recently purchased.

From the LA Times Hot Property:
--Looks like I got it wrong on which Rising Glen house belongs to Rachel Zoe a few weeks back. Check out the listing for her home listed for $2.995 million here.
--Jerry Rice and his wife, Jackie have put their Atherton, California estate on the market for $22 million. You can see pictures here.
--As we mentioned above, Jeff Lewis of the Bravo reality show "Flipping Out," has listed a home in Los Feliz. Ruth Ryon puts it at slightly more than $1.8 million whereas the Real Estalker Mama had it at $1.795 million. He also recently sold a Spanish-style home in Los Feliz for about its $4.5-million asking price.
--For the first time in 50 years, the Shavelson estate in Studio City has come on the market. The home belonged to directpr and producer Melville Shavelson, who worked on films starring Lucille Ball, James Cagney and Frank Sinatra. The home is a four-bedroom 1930s traditional listed at $4.795 million. The listing is here.

Today's estate comes from the LA Times Hot Property section. It represents Cher's work as a house flipper. She bought this house in 2004 for $650,000 and completely renovated the home. Local architect Steve DeChristopher Jr. worked on the redesign turning the 1938 Spanish-style home into a new luxury pad. The four-bedroom home is now double the size it was with a new master-bedroom wing with his-and-hers wardrobe rooms, a fireplace and a wet bar. The home has a large pool and spa area and is walled and gated. It is listed at $2.495 million. After the jump, do you believe in beige after beige?

From the NY Post's Gimme Shelter:
--The condo Jay-Z has been renting at the Time Warner Center is set to be sold for $27 million. Jay-Z has been renting the four-bedroom penthouse for around $40,000 a month since 2005. Jay-Z is renovating a penthouse on Hudson Street in TriBeCa.
--Real-estate broker Kirk Henckels and his socialite wife Fernanda Kellogg have sold their three-bedroom apartment at 88 Central Park West above apartments owned by Sting and Robert De Niro for $4.6 million.
--Catesby Kilmer, the Hamptons socialite who went to jail for embezzlement and had to sell her Southampton home for around $1.7 million, a bit below the $2.25 million asking price.

From the LA Times Hot Property:
Week of 12/31/06
--L.A. Lakers forward Lamar Odom becomes the latest Los Angeles sports figure to move to Manhattan Beach. He has purchased a house for $2.7 million.
--A home which once belong to Benny Goodman is now the home of film score composer John Frizzell. He and his wife, Stacey, bought the former Goodman home for close to $4.7 million.
--Actress Jaime Pressly has put her Tarzana residence on the market at close to $1.4 million.
--Author Jack J. Miller, who wrote the novel "Millionaire City," has picked up a a weekend home in Lake Arrowhead for $1.2 million.
Week of 1/7/06
--Cher has put a Palm Springs home on the market for $2.495 million. It's our estate of the day later today.
--Actor Chad Allen has sold his Sunset Strip-area home for $750,000.
--A Los Feliz home once owned by actor Cary Grant has been sold for $3.2 million.

From the Wall Street Journal's Private Properties:
Former San Diego Padres star Tony Gwynn and his wife, Alicia have put their Indiana home on the market for $725,000. The listing is here.
--Larry Bird and his wife Dinah have put their Naples, Florida home, shown above, on the market for $4.8 million. Check out the listing for the very impressivie four-bedroom waterfront home with a home theater and a bar with a salt-water aquarium here.
--Tyco International's former chief executive L. Dennis Kozlowski, who is in jail, has cut $3 million off the price of his Nantucket, Mass., estate. It is now listed at $19.95 million, he bought the home in 1997 for $5 million.

From the NY Observer's Manhattan Transfers:
--Ryan Gentles, the manager of the Strokes, has bought a penthouse at the American Felt building, also the home to the band's drummer, Fabrizio Morretti for $1.8 million.
--Real-estate broker Michael Shvo has purchased a new apartment at 15 Broad Street, otherwise known as "Downtown by Philippe Starck."
--Film producer Verna Harrah, the widow of Bill Harrah, has sold her 64th-floor apartment at the Time Warner Center for around $25 million. She bought a penthouse at 110 Central Park South which was listed for $13,350,000.
--Film Forum has paid $6.3 million in late November for a five-story townhouse at 3 King Street. The purchase of the building was made possible by two donors one of which is keeping the top two floors for her personal use. Other floors will be marketed as one-bedroom luxury residences and the townhouse's two bottom floors will be used as office space for Film Forum administration.

We first heard about Cher's yard sale back in August, where a $1-1.5 million dollar estimate was given for over 700 items from her home that were to be sold at the Beverly Hilton. The event took place this week and far exceeded the original estimate, taking in more than $3.5 million. Every single item offered found a buyer and the lots included a Bob Mackie costume ($60,000) and her 2005 Bentley ($204,000), which was the single priciest item in the sale.

According to the singer, part of the proceeds will go to charity, and the rest will be used to redecorate her mansion.

The latest yard sale comes from the one and only Cher. She is auctioning off 700 pieces from her Malibu home in October. The sale is totally soup to nuts, everything from a 2003 H2 Hummer to her famous Bob Mackie outfits. The auction is being held by Julien's Auctions and Sotheby's. The sale could bring in over $1 million, not bad for a housecleaning sale. Cher is also giving a chunk of her profits to the Cher Charitable Foundation. Cher is getting rid of her neo-Gothic art and furniture so that she can redecorate in a more global style. The auction takes place October 3 and 4 at the Beverly Hilton.

First Sonny and Cher. Then Justin and Britney. Then Kobe and Shaq.

It's clear that breaking up is hard to do.

As readers of the New York Times may know from yesterday's edition, the newest tiff is between famed Seattle glass artist Dale Chihuly and his former employee Bryan Rubino. Chihuly is suing Rubino for stealing his ideas.

Chihuly you've no doubt heard all about. He's the guy who makes -- among other creations -- the weird sea anemone-type glass chandeliers. He lit up Venice with his installations, and he's done the lobby of the Bellagio in Las Vegas. Robin Williams, Bill Gates and Bill Clinton all own Chihuly creations.

Rubino, the underdog in this story, is steadily producing lovely glassworks from his Shelton, Washington studio. This bumblebee-inspired glass vessel can be yours for $4100.

[image via Rubino Glass]

From the LA Times Hot Property;
--Cher becomes the latest celeb to take up residence in the  32-story Sierra Towers purchasing a $4.5 million unit in the West Hollywood building. The unit belonged to David Geffen a while back and currently belongs to Vincent Gallo. Cher has wisely decided to gut the unit.
--An eight-acre piece of land in Beverly Hills has been sold  for $33.6 million to Tom Gores, chairman and chief executive of Platinum Equity. The land sits behind David Geffen's Beverly Hills home.
--As we previously mentioned Justin Berfield from "Malcolm in the Middle," is set to buy the "Newlyweds" house. He has put his Studio City home on the market for $1.989 million. The listing is here.
--Fashion designer Cesar De La Parra has sold his South Pasadena home for just under $1.9 million after listing it in 2004 for nearly $3.2 million.

From the NY Post Gimme Shelter:
--Donald Trump is working on a new project, a hotel/residential complex of approximately 50 stories, located a short distance from the Holland Tunnel.
--The penthouse apartment of the late philanthropist Enid Haupt will be sold for its asking price of $27.5 million, with two backup bids.
--Another unit for sale at 30 Crosby St. This time Royal Shakespeare Company chairman Laurence Isaacson has put his three-bedroom duplex for sale for $6.45 million asking price. Pictures of the very contemporary and sleek duplex can be found at the listing.
--The former Hamptons estate of the late Warner LeRoy is being divided up. More than half of the land has been scooped up by the buyer of LeRoy's original house and the Town of East Hampton for conservation purposes. The rest of the land (around 20 acres) will be divided into eight lots for spec houses averaging around $5 million each.

From the NY Observer's Manhattan Transfers:
--New Yankee Johnny Damon has picked up a  $5.9 million apartment on the 39th floor of the Cesar Pelli–designed Bloomberg tower.
 --Bob Guccione's mansion  is on the market. The 48-foot-wide Beaux-Arts mansion is listed at an eye-popping $99,999,99. You can find the listing for the palace of opulent tackiness here.

From Forbes Movers & Shakers:

--A Beverly Hills estate on land once owned by the late actor Charles Boyer, Herb Alpert and David Geffen has gone on the market for $28 million. The mansion has four bedroom suites, a media room, swimming pool, sunken tennis court and lots of flat land. The listing is here.
Elaine Orbach, widow of actor Jerry Orbach, has purchased an apartment on Manhattan’s Upper West Side, for $2.2 million.