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Sunday Real Estate Round-Up, 02/27/11

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal's Private Properties:
--Jigsaw Ranch, a 90-acre Aspen, Colorado estate owned by George I. Rosenthal and Mark A. Rosenthal, the father and son behind Rosenthal Estate Wines and other businesses, has listed for $48.5 million.
--A waterfront Kauai estate that has been in the same family since 1915 has hit the market for $24.5 million. The Faye House, shown above, is listed with Neal Norman of Koa Properties Land & Homes.
--Venture capitalist Fred Adler and his wife, Catherine, are asking $24 million for their ocean-to-intracoastal home in Palm Beach. The listing is here.

From the NY Post:
--New Knicks star Carmelo Anthony is searching for a downtown rental in the $30,000-a-month range. Potential new homes include 158 Mercer St., the same building where Jon Bon Jovi lives and SoHo Mews at 311 West Broadway where Justin Timberlake has a place. Fellow Knick Amar'e Stoudemire is renting a West Village condo for $37,500 a month.
--Princess Khaliya Aga Khan, the wife of Prince Hussain Aga Khan and daughter-in-law of Shia Ismaili Muslim leader Aga Khan IV, just rented an apartment in the Richard Meier-designed condo building at 165 Charles St. for $19,500 a month.
--Actor Dean Winters, best known for HBO's "Oz," recently checked out a $25,000-a-month rental a couple floors up from the princess.
--A mystery Russian buyer has signed a contract to buy Al and Patsy Kahn's five-bedroom, 62nd-floor apartment at the Time Warner Center for about $20 million. It was originally listed for $33.6 million last year. Last year the couple, which is splitting up, bought Bernie Madoff's penthouse at 133 E. 64th St. for $8 million.
--Former Yankee pitcher and five-time World Series winner David Cone is buying a condo in the $4 million range at the Lucida. The shiny eco-friendly building at 151 E. 85th St. includes a La Palestra fitness center.
--DailyCandy founder Dany Levy is renting a three-bedroom unit at 33 Fifth Ave. in the $13,000-a-month range.

From Greenwich Mean Time:
--Rumor has it that Billy Joel was the purchaser of Leona Helmsley's estate, Dunnellen Hall in Greenwich. We heard it sold last fall for $35 million after being on the market for as much as $125 million.

The Fashion Statement: Worst Fashion Disasters of 2010

Filed under: The Fashion Statement



When you think of the greatest fashion disasters of all time, you think of Bjork's swan in the '90s, Cher's evil bird slash cage gown in the '80s and Barbara Streisand's see-through pajamas in the '60s. But 2010 could be the year of the biggest fashion train wrecks of all time!

This year was filled with more fashion faux pas than any of the aforementioned could rack up in a lifetime. Style missteps are an astounding feat these days when you consider that celebrities have an army of stylists, fashion designers panting for exposure and, one would think, a mirror or two.

Of course, at the top of the trashy heap is Lady Gaga and her meat dress she debuted at the MVA's. Aside from assaulting our senses and pushing animal cruelty in our face, she wants us to feel sorry for her because she feels like a piece of meat?

Venus Williams was another grand slam in the disaster department. She showed up to play at the French open in red and black lingerie. Kinda cute idea. Problem was the skin-tight shorts she wore under the getup were the same color as her flesh causing everybody to think they saw her butt cheeks.

Courtney Love Sued For Missing Jewelry

Filed under: Jewelry, Celebrity Shopping


Courtney Love looked beautiful at the 2010 New Yorkers For Children Fall Gala at Cipriani 42nd Street back in September but now she's being sued for her failure to return the borrowed finery. Jacob & Co. has asked her to return missing pieces or pay replacement value of $113,700. The NY Daily News says that a suit filed Monday in Manhattan Supreme Court says that Love was loaned two white-gold and diamond chains, a white-gold floral mesh cuff bracelet and a set of white-gold and diamond hoop earrings. Only the bracelet made it back to the jeweler. The suit says that the jeweler has tried repeatedly to get Love to return the jewelry and comes just a few days after Love posted a series of provocative pictures on Twitter, one of which shows her with a glittering chain draped across her thigh.

Sunday Real Estate Round-Up, 11/22/10

Filed under: Estates, Celebrity Shopping


From the NY Observer:
--Martha Stewart's former apartment at 173 Perry Street recently had a $2 million price cut to $13.9 million. The listing is here.
--Voice over artist and CBS announcer Wendell Craig and his wife Nancy Good have just bought a two-bedroom co-op in Morningside Heights for $1.695 million.
--Tina Fey, has sold her 500 West End Avenue apartment for $2.15 million to lawyer Jack E. Pace III and wife, Colleen Ann Tully. Fey and her husband Jeff Richmond, purchased the two-bedroom in 2004 for $1.9 million. In 2009 they purchased a $3.4 million four-bedroom apartment in the same Upper West Side neighborhood. She also recently sold a studio apartment which she used as office space for $550,000.
--Socialite and Bernie Madoff victim Dorris Carr Bonfigli has sold her Fifth Avenue penthouse. She listed it just before Christmas 2008 for $11.3 million. The home at 930 Fifth Avenue recently sold for $7.5 million. The buyers are Dutch artists Wouter and Ann Kourijn.
--The late author Louis Auchincloss' Park Avenue apartment has sold to a financier for $3.905 million.
--The new plans to revise the penthouse at Robert De Niro's Greenwich Hotel in Tribeca have gotten the Landmarks Preservation Commission's seal of approval.
--Hockey player Henrik Lundqvist has sold his 20th-floor duplex in The Bromley at 225 West 83rd Street for $1.68 million. He bought the property in 2006 for $1.75 million.
--David S. Winter and his wife Elizabeth paid $26 million for a fifth-floor co-op at 778 Park Avenue.
--The Tribeca home of convicted Ponzi schemer Hassan Nemazee has sold for $3.15 million.
--German singer Ute Lemper and her husband Todd Turkisher, have bought the penthouse at 125 West 76th Street for $1.64 million.
--Jennifer and Peter Bernstein have bought the second floor of a two-floor duplex that was previously listed for nearly $15 million for $2.2 million.
--Gossip Girl producer Joshua Safran has sold his apartment at 77 White Street for $1.76 million.
--Martin Broughton, the CEO of British Airways, purchased a $2.9 million apartment in the Schwab House on Riverside Drive from John and Tania Secor.
--Harper's publisher John R. "Rick" MacArthur recently dropped $5.05 million on a three-bedroom apartment in The Kenilworth at 151 Central Park West was originally put on the market for $5.495 million.
-Jimmy Fallon and his wife, producer Nancy Juvonen, listed two seventh-floor apartments at the oldest New York City co-op building, 34 Gramercy Park East, for $3.75 million but the listing soon came off the market and public records show no sale of the yet-to-be-combined units. Now the couple purchased a $1.35 million eighth-floor apartment in the same building.


From the NY Post:
--The apartment where actor Heath Ledger lived in New York City is unofficially back on the market for $5 million. The 4,400-square-foot unit at 421 Broome St.has been gut-renovated but still needs a lot of work.
--"Saturday Night Live" star Bill Hader recently checked out an $8,400-per-month, two-bedroom, two-bathroom unit at the Philip Johnson-designed Urban Glass House at 330 Spring St.
--Fashion designer Isaac Mizrahi is in contract to buy a two-bedroom, two-bathroom condo in the prewar Emery Roth-designed building (where Cameron Diaz has a place). The apartment's most recent asking price was $2.25 million and Mizrahi bought a one-bedroom, one-bathroom unit on the same floor earlier this year for $1.1 million. The seller of both apartments is Jack Kliger, CEO of TV Guide and former CEO of Hachette Filipacchi Media.
--Courtney Love was hopping to buy Milla Jovovich's $7.5 million townhouse at 100 Greenwich Ave. but a mystery last-minute higher bidder claimed the price.
--Justin Timberlake paid around $6.4 million for his new three-bedroom apartment at the Soho Mews. His apartment at the Pearline Soap Factory is still on the market for $5.25 million.


From the Wall Street Journal's Private Properties:
The Portabello estate in Corona Del Mar, California was listed for $75 million in 2006 but has sold for $34.1 million, according to records. The WSJ says that the buyer also gave the seller a property valued at around $7 million.

Allman Brothers Band drummer Butch Trucks has been trying to sell his home in Palm Beach, Florida for a while now. it was once listed at $4.8 million but Trucks and his wife are now asking $3 million for the six-bedroom home which is less than a five-minute walk from the beach. The listing is here.



From the NY Times:
Georgina Bloomberg, the younger daughter of Mayor Michael R. Bloomberg bought a co-op at 101 Central Park West for "very close" to the $4.15 million asking price.

Did She Or Didn't She? Courtney Love's Huge American Express Bill

Filed under: Celebrity Shopping, Crimes and Misdemeanors

courtney loveLast month we learned that Courtney Love was facing money woes but now American Express is in on the action. Love owes a total of $352,059.67 in unpaid charges and fees on her Amex Gold, Centurion and Platinum Cards and a lawsuit has been filed in U.S. District Court in Los Angeles.

Love has claimed that she has lost more than $30 million at the hands of her money handlers and that as much as $500 million worth of real estate was bought and sold using Cobain's, Love's and their daughter's Social Security numbers. At the time of the announcement last month, Love's lawyer described her as "pretty frugal." According to TMZ, most of the money, $279,079.68 was spent using her Centurion card. Love's lawyer says that Love did not rack up six figures on her credit cards and that these are fraudulent charges.

Courtney Love Says She Has Lost Millions

Filed under: Celebrity Shopping, Wealth

It's been 15 years since Kurt Cobain died and now his widow, Courtney Love, is saying a whole lot of money has gone missing from his estate. Love says that Cobain's estate which was left to her and their daughter, Frances Bean Cobain has been "looted" by some of the people handling her money. Love's team of lawyers says that more than $30 million is missing and as much as $500 million worth of real estate was bought and sold using Cobain's, Love's and their daughter's Social Security numbers. Love's lawyer, Rhonda J. Holmes, of Gordon & Holmes in San Diego, is quoted in Page Six as saying that the case " is going to make Bernard Madoff look warm and fuzzy."

Why did it take Courtney Love so long to realize something was wrong? Her lawyer says that Love's substance abuse issues were a factor and that Love didn't realize that there was a problem until there wasn't any money left. Love's lawyer has promised that any real estate they can uncover and get back will be donated to people who have lost their homes in foreclosures. Love's lawyer also describes her as "pretty frugal."

This isn't the first time Courtney Love has accused people of stealing her money although this may be the grandest example. Last year she took musician Ryan Adams to task on MySpace over money she said he owed her. And check out this article from 2004 when Love said that her daughter's trust fund was basically gone due to estate mismanagement. Whatever is going on with Courtney Love's money certainly has been happening for a while.

Sunday Real Estate Round-Up, 02/15/09

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal's Private Properties:
--Trader John Devaney has raised the price on the Sardy House, shown above, in Aspen, Colorado. We've seen this home jump around a lot in the past few years. It was at $16.5 million back in 2005. Devaney bought it in 2006 for $16.25 million and then put it on the market in 2007 (along with his yacht) for $21.5 million. He's now bounced it up to $23.5 million. The listing is here.
--Stanley Chais, who funneled funds to Bernard Madoff, has listed his Los Angeles condominium in the Sierra Towers for $4.7 million. The two-bedroom unit can also be leased for $28,000 per month.
--In Washington, D.C, the onetime home of a World War II spy, Betty Thorpe Pack, is on the market for $1.95 million. The listing is here.

From Newsday's Real LI:
--The owners of the restaurant Bar Pitti, Giovanni and Michele Tognozzi, have purchased a home in Peconic, NY for $1.6 million.
--The former head of the Olsten Corporation, temp agency, has put his summer home on the market for $14.5 million. The listing is here.
--Richard Gere and Carey Lowell have put their home in Water Mill, New York on the market. It's our estate of the day later today.
--You can rent an oceanfront home in Sagaponack belonging to the ex-wife of New Jersey Gov. Jon Corzine for $900,000 from Memorial Day to Labor Day. The listing is here.

From the LA Times Hot Property:
--Ashton Kutcher has listed his Beverly Hills home for $3.7 million. This is the home where he lived before marrying actress Demi Moore in 2005. The home is already in escrow.
--David Litt, the writer ad creator of "The King of Queens" has listed his Hollywood Hills home for sale for $2.025 million. The listing is here.
--"Blame It on Rio" actress Michelle Johnson has listed her Hollywood Hills home at $5.85 million. Last year at this time she put the three-bedroom home in West Hollywood on the market for $6.35 million. The listing is here.
--Bruce Somers Jr., the son of Suzanne Somers and producer of several of her exercise videos, has listed his Brentwood home for $3.295 million. The French Normandy style four-bedroom home is stuffed with flouncy furnishings and has hand-carved fireplace mantels. The listing is here.
--Courtney Love is renting a five-bedroom Hollywood Hills home for $20,000 a month.
--You can rent the condo used in Entourage.
--Movie and commercial producer Lee Nelson has listed a home in the Brentwood area of Los Angeles for $9.95 million.
--Music video director Mark Romanek has listed his four-bedroom Hollywood Hills home for $3.995 million.

From Berg Properties Big Time Listings:
--A Malibu home once rented by Britney Spears is on the market for $5.5 million. The listing is here.
--Actress Milla Jovovich has placed her four-bedroom home in the Beverly Hills, Calif. postal area on the market for $3.299 million.
--Soap opera actress Michelle Stafford has listed a three-bedroom house that she owns in the Los Feliz area of Los Angeles for $1.599 million. The listing is here.

From Cityfile's Buyers and Sellers:
--Brooke Astor's NYC apartment has been relisted at $29 million with some new pictures. It was listed at $46 million when it was our estate of the day last year.
--Fashion designer Richard Chai paid $2 million for a 2,300-square-foot New York City apartment.
--Actor Kevin Corrigan and his wife Elizabeth Berridge have sold their fourth-floor apartment at 321 Greenwich Street for $2.39 million.
--Blythe Masters, JP Morgan Chase's head of global commodities, has lowered the price of her townhouse at 150 Reade Street from $14 million to $11.9 million. The listing is here.
--New York Times public editor Byron Calame and his wife Kathryn have sold their three-bedroom co-op for $2.4 million to Bill Bermont, a vice president at Citigroup, and his wife Lynne.
--Joseph Kohls, a Bank of America managing director, and his wife Christin paid $5.2 million for an apartment at the Tribeca Summit.

From the Real Estalker:
--Lauren Conrad's four-bedroom home in Los Angeles is available for rent for $11,000 a month. The listing is here.
--Interior designer Thomas Britt has put his eight-bedroom home in Water Mill on the market for $13.2 million.
--Cassandra Peterson, the actress best known as Elvira has put her Los Angeles home on the market for $1.499 million. She bought this home for $1.698 million in 2007. The listing is here.

From Curbed LA:
--40 Beverly Park, a custom chateau in Beverly Hills has had a big price chop. It hit the market at $45 million, was at $39.9 million when it was our estate of the day, and is now at $31.5 million.
--Richard Neutra's Singleton residence is back on the market, listed at $14.95 million. It was at listed at $25 million (although also rumored to be $19 million) when it was our estate of the day in 2007.

From SF Gate's On the Block:
--A $650,000 home in Lake Tahoe is being raffled off by the Boys and Girls Club. The raffle is here.
--San Francisco's $70 million penthouse has been reduced by $21 million to $49 million. It was our estate of the day back in November.

From Homes and Properties:
--Reese Witherspoon and Jake Gyllenhaal are leasing a three-bedroom home in London for £4,000 a week. The home is for sale for £2,795,000 and the listing is here.
--Elle Macpherson has cut the price of her six-bedroom Notting Hill, London home from £9.5 million to £8.95 million. The listing for the classic Victorian is here.

From Move Trends Real Estate Blog:
--Chad Michael Murray has put his WIlmington, North Carolina home on the market for $785,000. The listing is here.

--Ryan Cabrera has knocked $100,000 off the price of his Los Angeles home. It is now listed at $1.599 million but was at $1.699 million when it was our estate of the day last August.

Love Sells Nirvana's Music

Courtney Love, the rock singer and widow of Kurt Cobain, has sold 25 percent of Nirvana's music library to Primary Wave Music Publishing. Though their entire catalog does not have an exact monetary value, Courtney reportedly banked $50 million for the sale of the rights. Love has closely guarded the rights to the 98% of the band's library since she inherited it upon the death of her husband, the Nirvana front man, in 1994. His former band-mates own a mere 2% of the collection, including some of the band's most famous works, like Smells like Teen Spirit.

In and out of rehab, as well as prison, for the past several years, it is likely that she decided to sell this share of Nirvana's music to cover some of her legal costs, since her money problems are well known, though she said she found managing her entire estate "overwhelming."

 

Did Courtney Love Finally Sell 30 Crosby?

Filed under: Estates

Could it be true? Has Courtney Love finally unloaded her condo at 30 Crosby in New York. We've been watching this one for over a year and it's been reported sold a couple of times but Braden Keil at the NY Post reports that the loft is finally sold.  Over a year ago it was reported sold at $6 million and it was most recently listed at $5.25 million. The condo loft is 4200 square feet with a large master bedroom and gourmet kitchen. It is listed as "in contract" at Corcoran so we can only cross our fingers that this time it goes through since its clear Courtney needs cash.

Courtney Love Real Estate Update

Filed under: Estates

A California mortgage company now owns the Washington bungalow that once belonged to Courtney Love. Love bought the home in the late 1990s and until recently Kurt Cobain's sister lived in the house. Love owed $386,000 on the home and could have stopped the auction by paying up. There were no bids on the house and so the home remains as the property of a Los Angeles mortgage company.

Courtney Love Home Headed For Foreclosure

Filed under: Estates

More real estate trouble for the recently rehabbed Courtney Love, a historic Washington home she bought around eight years ago is up for public auction to satisfy debts in a foreclosure case. Love purchased the bungalow for Kurt Cobain's family in 1997 and now owes about $367,000 including the loan balance and legal fees. The house sits on 13 acres and according to sheriff's records, Cobain's sister currently lives there. Love hasn't paid on the house since 2003. Guess those rumors that Courtney is about to sell the rights to Nirvana's music might not be so far off after all.

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