--Martha Stewart is eager to sell her Turkey Hill Farm property which has been on the market for a while. She is dividing the property into two two acre pieces and selling the part that includes the main house for $4.5 million. The listing is here.
--Russell Simmons has leased out his unsellable Liberty Street 7,000-square-foot residence to a Westchester couple and their children. Simmons first listed the 13-room penthouse in May 2005 for $11 million, and lowered the price to just below $6 million last year. Simmons may be buying a place in the West Village for close to $8 million.
--One of Newport, Rhode Island's famed grand mansions, the one belonging to publishing heir Gilbert Kahn will soon be sold. Fairholme, a 17-room Tudor-style mansion will be on the market as Kahn has bought homes in Palm Beach and Miami's Fisher Island.
From the NY Times Big Deal:
-- Brokers report that the January real estate market was particularly heated among the wealthiest buyers.
--Stephen M. Ross, the chairman of Related and the new chairman of the Real Estate Board of New York recently took title to the 8,900-square-foot, full-floor penthouse at 25 Columbus Circle, the south tower of the Time Warner Center. Mr. Ross was both the buyer and a principal of the company that sold the condominiums. He then sold his co-op at 965 Fifth Avenue for $10 million to Bruce A. Beal Jr., one of Mr. Ross's top lieutenants.
--Mikhail Kurnev, president of Coalco New York, has bought a loft-style, full-floor condominium in Loft 67, at 219 East 67th Street, the former offices of the Christie's East auction house. The condo in Loft 67 has 4,655 square feet of space, a 50-foot terrace and floor-to-ceiling windows and was sold as raw space.
From the New York Observer's Manhattan Transfers:
--The parlor-floor apartment in the Berwind Mansion co-op, listed for $9.495 million, has been sold to real-estate developer Howard Ronson.
--Writer-director Noah Baumbach and Jennifer Jason Leigh have paid $1.26 million for their next-door neighbor's co-op.
--Columbia University senior executive vice president Robert Kasdin and his wife have bought an eight-room apartment at 239 Central Park West for $3,485,000.
-- Daniel Snyder, the billionaire owner of the Washington Redskins, may have bought an Upper East Side townhouse for $4.8 million.
From Berg Properties BIg Time Listings:
--Smokey Robinson has listed his house at 1357 Opal Valley Street in Henderson, Nev., near Las Vegas, for $1.9 million. The listing is here. He has also reduced the asking price for his Chatsworth, California home from $10.5 million to just under $10 million.
--Hulk Hogan has put his Bellair, Fla. house back on the market for $17.9 million.
--Actress Paz Vega and her husband Orson Salazar have become first-time homeowners, paying $985,000 for a 1,410-square-foot house in Hollywood.
--Soap opera actor Paul Leyden has paid $865,000 for a recently remodeled, two-bedroom house in the Hollywood Hills.
From the Real Estalker:
--Ed McMahon has reduced the price on his six-bedroom house in Beverly Hills from $7.699 million to $6.75 million. The expansive flash tour for the home can be found here.
--Attorneys Jeanine and Albert Pirro are selling their Palm Beach vacation home for $795,000 and their Harrison, New York home for $4.295 million.
From the LA Times Hot Property:
--Helen Mirren and Taylor Hackford's Hollywood home is for lease for $40,000 per month.
--New York Giants defensive end Michael Strahan has purchased a town house in Hermosa Beach for slightly more than $2 million.
--Gareth Davies, a producer of "Buffy, the Vampire Slayer," "Remington Steele" and other TV series, has put his Sherman Oaks home on the market at $1.95 million. The listing is here.
--Rapper Juicy J has closed escrow on a Sherman Oaks home for nearly its asking price of $2.2 million.
--The nearly-finished compound of a Saudi prince was sold under court order for $35 million. The home is on 25 acres and has 50,000 square feet of space.