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Sunday Real Estate Round-Up, 12/05/10

Filed under: Estates, Celebrity Shopping


From the WSJ:
--Paramount Chairman and CEO Brad Grey has bought a hacienda-style home in Los Angeles for $18.5 million. The six-bedroom home, which was lived in by Frank Sinatra's ex-wife Nancy Barbato was listed at $22.5 million when we first checked it out back in September. Grey, a Sinatra fan, recently sold his Pacific Palisades home for $21.5 million. His new home needs a bit of updating.

--The Miami Heat's Dwyane Wade has bought a Miami Beach home for $10.6 million. The six-bedroom Mediterranean-style house has 150-plus feet of bay frontage and a tennis court that he's planning to convert to a basketball court.
--The former Beverly Hills home of late television sidekick Ed McMahon was foreclosed on by Dan Schryer, of DCI Technology Holdings, the investor who purchased Mr. McMahon's underlying loan from Countrywide Financial. It had been listed earlier this year for $4.6 million. Schryer bought the home's mortgage in 2009, allowing Mr.McMahon and his wife to remain in the home. Hee decided to foreclose on the home now so he could put it on the market again early next year.


From the NY Post:
--Halle Berry has shown interest in a three-bedroom unit at the Park Imperial building at 230 W. 56th St., the Sean "Diddy" Combs, Deepak Chopra and Christopher Meloni of "Law & Order" all call home.
--Two Trees Farm in Bridgehampton has had a major price cut. The 115-acre property was once $95 million but is now listed for $55 million, which includes development rights. Or you can buy 73 acres without development rights for $20 million.
--A home used in the movie "The Godfather," is up for sale for $2.9 million.
--Chef Marc Murphy has been spotted checking out apartments in the new 535 West End Ave. condo building.
--The buyer of Elie and Rory Tahari's 141 Prince St. triplex is Ted Waitt, the billionaire founder of computer maker Gateway who paid $27.5 million.
-- Sarah Jessica Parker and Matthew Broderick have settled in at 88 Central Park West in an apartment with a 32-foot living room and eight bedrooms. It was most recently listed at $21.5 million.

From CNBC:
--Facebook CEO Mark Zuckerberg's former rental home in Palo Alto, California is listed for $7,850 a month.

From Newsday:
--Former tennis player Ruta Gerulaitis has sold her Centre Island home for $1.965 million.
--Ogden Phipps II and wife, Ashley, have sold their Glen Cove home for $2.25 million, $100,000 less than they paid for the home in 2007. Phipps is the great-great grandson of Henry Phipps, who made his fortune as steel magnate Andrew Carnegie's business partner.


From the LA Times:
--Lisa Marie Presley has sold a ranch-style house in gated Hidden Hills for $5 million.
--Advertising pro Lee Clow, co-creator of Apple's "Think Different" campaign, has purchased a vacation home at the Terranea Resort in Rancho Palos Verdes for $2.2 million.
--Television host and singer Mark McGrath has sold his home in the Hollywood Hills for above its asking price of $1.25 million.
--The personal residence and studio of the late photographer Julius Shulman has sold for $2.25 million in the Hollywood Hills.

From the NY Times:
--A "double-height artist studio" with many original Charles Platt touches has recently gone on the market in the building, at 131 East 66th Street, known as the Studio Building. The listing is here.

Sunday Real Estate Round-Up, 04/18/10

Filed under: Estates, Celebrity Shopping

los feliz clifton
From the LA Times Hot Properties:
A Los Feliz home once owned by Clifford E. Clinton, the founder of the L.A. landmark Clifton's Cafeteria, is on the market for $1.799 million.The listing is here.
--What do Betty Grable, Stephen Stills, Jacqueline Smith and John De Lorean have in common? At one point they each lived in a Bel-Air house built in 1937. The beautifully maintained home has hit the market for $10.995 million. The listing is here.
--Singer Rachel Sweet has sold Los Pavoreales, a 1926 home designed by Wallace Neff in the Los Feliz area of Los Angeles, for $4.895 million. This home hit the market for $9.95 million just last year.
Comedy writer Shelley Zellman recently sold her Sherman Oaks home for $779,000.

From the NY Post:
--Natalie Portman is staying at a Union Square rental building with her dog, Whiz.
--Patti Stanger of Bravo's "Millionaire Matchmaker" is said to have been calling Hamptons brokers looking for a summer beach mansion to live and shoot in.
--Investor Chris Knight has listed his Shelter Island bayfront beach cottage for $3.5 million. The listing is here.

From the Wall Street Journal's Private Properties:
Jerry Herbst, chairman and president of Las Vegas-based Terrible Herbst, has listed his Newport Beach, California home for $31.75 million. He bought the six-bedroom home for $35 million in 2008 from Nicolas Cage. The listing is here.
--Designer Jonathan Adler and Simon Doonan, the creative director of Barneys New York have listed their Shelter Island beach home for $1.795 million. They bought the home for just $185,000 in 1998 but did major renovations. The listing is here.
--Mining executive Richard Adkerson and two partners have bought a roughly 18,000-acre ranch in Montana for less than $30 million. The property was originally offered for $55 million and about 97% of the deeded property has been placed under conservation easements.

From Housing Watch:
--Miami Heat guard Dwyane Wade has finally sold his Pinecrest, Florida house. He bought the home in 2005 for $3.98 million and it was first listed for $8.9 million in 2007. It sold last month for a mere $2.5 million.
--Larry King transferred all his prime real estate including his Beverly Hills mansion to his soon-to-be ex-wife Shawn Southwick two years ago but now wants his real estate back.
--After seven months on the market, the 14-bedroom home next to President Barack Obama's residence in Chicago's Kenwood neighborhood sold for $1.4 million.

From the Real Estalker:
--David Krumholtz of the TV show Numb3rs has listed his three-bedroom home for $1.499 million. He paid $1.715 million for the home in 2006. The listing is here.
--Former president and current Chairman of the Board of the Whitney Museum of American Art Robert Hurst and his wife Soledad have listed their Fifth Avenue duplex in New York City for $29 million. The listing is here.
--Jackson Browne has picked up a single story Spanish Colonial Revival residence in the Beverly Grove area of Los Angeles for $2.66 million.
--Interior decorator Kelly Wearstler and property developer Brad Korzen and the three other families have listed the Malibu home they all own for $21.9 million. The six-bedroom home appeared in the November 2009 issue of Metropolitan Home. The listing is here.
--Robert and Barbara Taylor Bradford have listed their four-bedroom New York City residence for $18.995 million.
--Judd Apatow and Leslie Mann have listed their five-bedroom home in the Pacific Palisades area for $6.495 million. They bought the home in 2003 for $4.474 million. The listing is here.

From Move Trends:
--Actor Jeremy Sisto has listed his 3-bedroomHollywood Hills house for $1.3 million. The listing is here.


Emeril Lagasse seems to have finally sold his New York city loft. It was listed for sale for $5.995 million when we checked it out as an estate of the day in August 2009. It was last listed at $4.85 million and the listing shows it is "contract signed."

Sunday Real Estate Round-Up, 01/03/10

Filed under: Estates, Celebrity Shopping


From Cityfile's Buyers and Sellers:
--70 Broad Street which hit the market for $45 million in September is now listed at $30 million. The listing is here.
--via New York Magazine, Beach Boys lead singer Mike Love and his wife, Jacquelyne, have put their renovated three-bedroom apartment at 300 East 93rd Street on the market for $2.35 million. The listing is here.
--via Curbed, the townhouse at 19 East 70th Street that currently houses the Knoedler Gallery has gone on the market. It has eight fireplaces and coffered ceilings and is listed for $59.5 million.

--Richard Pesin, a vice president in Bruce Ratner's Forest City Ratner Companies and the real estate firm's director of retail development has paid $4.1 million for a penthouse apartment at The Prime on West 14th Street.
--via the NY Observer, fashion designer Georgina Chapman and her brother Edward, who serves as chief executive of her Marchesa fashion label, have paid $1.7 million for a condo at 99 Jane Street that it is believed was bought either as a residence for Edward or as a guesthouse for friends and family.
--The Park Avenue apartment belonging to the late Alice Polk Rutherfurd has been sold for $2.5 million to Marc Packer, a partner at Skadden Arps, and his wife, Caroline Packer, the vice president for public relations and special events at Saks Fifth Avenue.
--Restaurateur Kiwon Standen, who co-owns Bar Blanc in the Village, has paid $2.38 million for a three-bedroom apartment at 31 West 12th Street.
--David Boies, the trial lawyer who represented Al Gore in the contested presidential election of 2000, has picked up a new apartment on Fifth Avenue. Boies and his third wife Mary paid $7.75 million for a 35th-floor apartment at the Sherry-Netherland. The apartment first went on the market for $9.95 million in April.
--via the Real Deal, Olatz Schnabel, the estranged wife of Julian Schnabel paid $5.5 million for a 4,256-square-foot townhouse at 38 King Street in the West Village.
--Blackstone senior managing director Prakash Melwani has sold his three-bedroom co-op at 876 Park Avenue for $5.875 million to Greg Mondre, a managing director at private equity firm Silver Lake Partners, and his wife Alexandra, a managing director at Goldman Sachs.
--Gisele Bundchen has finally closed the deal on the sale of her New York City townhouse. It sold for $12.95 million.
--via the Real Deal, Ravi Singh, a managing director at Credit Suisse, has sold his four-bedroom apartment at 15 CPW for $25 million. He bought the seventh-floor apartment in 2008 for $15.87 million.
--Jewelry designer Anna Bulgari has sold her two-bedroom apartment at 31 East 79th Street, it sold for $3.49 million to society fixture Liliane Peck.

From Chicago Tribune's Elite Street:
--Former WBBM-Ch. 2 reporter and morning news anchor Stacia Dubin and her husband have paid $2.725 million to buy a home Glencoe, Illinois and the pair have sold a 21st-floor condominium unit in a Gold Coast high-rise for $720,000.
--Bluff's Edge, an 18-room, Georgian-style mansion in Lake Forest is on the market for $6.495 million. The listing is here.

From the Chicago Tribune's Elite Street:
--Portland Trail Blazers forward and Chicago native Juwan Howard has paid $2.55 million for a three-bedroom,unit in the Trump International Hotel & Tower, buying the 53rd-floor unit through his JAH trust. Other athletes in the building include former Bears quarterback Rex Grossman and Blackhawks right wing Patrick Kane.
--Miami Heat guard Dwyane Wade has paid $1.425 million for a four-bedroom, 3,476-square-foot town home in River West.
--Former Bulls forward Antonio Davis has taken a loss on his six-bedroom mansion in Burr Ridge, selling it for $2.75 million. Davis paid $3.125 million for the house in 2006 and most recently had listed it for $3.299 million.

Dwayne Wade's House, Estate of the Day

Filed under: Estates


The home of Miami Heat basketball star Dwayne Wade is one that I am just itching to hear your thoughts on.The massive home in the Pinecrest, Florida area puts to shame other NBA homes I have seen such as those owned by Shaquille O'Neal and Karl Malone. Like Shaq, Wade personalized his pool and like Malone, Wade went a wee bit crazy with the murals.

From the outside the nearly 12,000-square-foot French-style home seems rather sedate but once inside the six-bedroom home things get a bit Flashtastic. Wade, known as "Flash," has put a "W" inlaid in the marble floor in the entrance hall and the listing includes the furnishings, artwork and some of Mr. Wade's memorabilia. There are rooms in the home, such as the dining room that are rather elegantly decorated, there are also touches like the Spider-man-themed bathrooms and the many, many renderings of Mr. Wade, that make this a home in need of some work. The home is so idiosyncratic that you would really have to be a fan to live here and I wonder if he will have as tough a time selling as Malone did. There is also a one-bedroom guest house, pool and patio with a summer kitchen on the property. The home is listed at $8.9 million. After the jump, a monument to ego.

UPDATE: Wade has struggled to sell the home, reducing the price several times. It is now listed at $4.599 million.

[via The Real Estate Journal]

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