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Sunday Real Estate Round-Up, 02/13/11

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal:
--Ron Tutor, one of the new owners of Miramax Films, has leased his 19,000-plus square-foot mansion outside Los Angeles for $25,000 a month. It had been listed for $18.9 million last January and was most recently at $12.9 million.
--The price of Maui's Hana Ranch has been cut to $55 million from $65 million, after 2½ years on the market. This working cattle ranch is comprised of approximately 4500 acres. The listing is here.
The Meredith family, of magazine publisher Meredith Corp., is asking $16.9 million for a 10,000-acre Montana ranch. The listing is here.

From the NY Post:
--Fashion designer Karl Lagerfeld is listing his never-lived-in apartment 50 Gramercy Park North for $5.5 million. He paid $6.575 million for the co-op in 2006. The sixth-floor residence has three bedrooms and custom bookcases Lagerfeld designed for his extensive collection.
--The Villa Maria estate in Water Mill, which once housed the Sisters of St. Dominic, is available as a summer rental for $1.5 million. The property is owned by Vince Camuto, one of the founders of Nine West and has 11 bedroom suites, a pool and a tennis court. He bought the former nunnery from the Sisters of St. Dominic for $35 million in 2005.
--Retired Revlon executive Jerry Levin and his wife, Carol, are about to put their condo at 11-15 E. 70th St. on the market for $18 million.
--Socialite Nancy Sale Johnson Rashad, ex-wife of Jets owner Woody Johnson and mother of the late Casey Johnson, has put her triplex at 817 Fifth Ave. back on the market for $21 million. The listing is here.
--David Zarin, president of Zarin Fabrics and stepson of "Real Housewife" Jill Zarin, is listing his prewar home at 12 W. 72nd St. for $1.395 million.The listing is here.
--Gerard Butler toured the $6.2 million, 2,900-square-foot, four-bedroom, three-bathroom penthouse at 46 Mercer St., listed by Prudential Douglas Elliman's Frances Katzen.


From the Daily Mail:
--Billy Joel's third ex-wife Katie Lee has sold the New York townhouse she got as part of her divorce. Joel had paid $5.9 million for the West Village home in 2006. It was renovated and redesigned by Nate Berkus. Lee put it on the market for $12.9 million but sold for $11.65 million.

From Zillow:
--Zillow rounds up the homes of Grammy nominees.

Sunday Real Estate Round-Up, 10/25/09

Filed under: Estates, Celebrity Shopping


From the LA Times Hot Property:
--A Hollywood Hills home once owned by actress Dorothy Dandridge is on the market at $3,495,000. The restored 1926 Mediterranean has three bedrooms and three terraces with city views. The property website is here.
--Singer Melanie Brown, otherwise known as Scary Spice, has bought a five-bedroom home in the San Fernando area for about $3.15 million.

From the Chicago Tribune's Elite Street:
--Former Chicago Bears quarterback Jim McMahon has sold his mansion in Northbrook, Illinois for $2.85 million and moved to Florida.
--Former Chicago Bulls forward Antonio Davis has taken a loss on his three-story house in Naperville, Illinois selling it for $1.4 million. He Davis also has a contract to sell his mansion in Burr Ridge, which is listed for $3.299 million, and he has a waterfront lot in Plainfield on the market for $399,000.
Former Chicago Blackhawks center Alexei Zhamnov has sold his 11-room home in Lincoln Park for $2.725 million.



From the Boston Channel:
--Add Los Angeles Dodgers slugger Manny Ramirez to our list of slow sellers. He's cut the price on his condo at the Ritz Carlton in Boston from to $8.5 million $7.9 million.


From the NY Post:
--While in New York City Jeremy Piven stayed for a week in a triplex penthouse at the Prime condo building at 333 W. 14th St. which is listed for $5.9 million. The listing is here.
--Rolling Stone founder and publisher Jann Wenner has closed on a Hamptons home 6,300-square-foot, three-story waterfront home on Old Montauk Highway for $11.9 million. The home which was listed for $14.9 million, is within a half-mile of Bernie Madoff's old beach house.
--After rejecting Related Companies President Jeff Blau's $31 million bid last May, the co-op board at 820 Fifth Ave. found a buyer for homebuilder Ara Hovnanian's full-floor fourth floor unit. The new buyer is Kenneth Griffin, the founder, president and CEO of Citadel Investment Group in Chicago who reportedly paid just under the $35 million asking price. Tommy Hilfiger once owned the apartment, though he never lived there and the co-op board also rejected Ron Perelman and Steve Wynn.

From Christie's Great Estates:
Legendary director Ingmar Bergman's family compound in Fårö, Sweden, has been sold.


From Brickwork: The London Property Blog:
-- An Edwardian villa in Sheffield Terrace, Kensington W8 which was once the former London home of Madonna is listed for rent for £13,000. The listing is here.
--R&B singer-songwriter Craig David's Hampstead penthouse is for rent at £6000 a week. Earlier this year it was for sale for £6.25 million. The listing is here.


From ShelterPop:
--Grammy winning Dixie Chick Emily Robison has listed her large loft in the old Duerler Candy Factory in San Antonio, Texas for $1.5 million. The 4,800 square foot loft was purchased as raw space and converted into a four-bedroom family home. The listing is here.

From Homes and Property UK:
--Prince Harry's girlfriend Chelsy Davy has moved into a two-bedroom Belgravia flat which cost £1.65 million.
--Perthshire landowner Jamie Montgomery is selling Kinross House, his 17th century ancestral home overlooking Loch Leven, for £4.25 million through Strutt & Parker. The mansion has 15 bedrooms, a ballroom, 80 acres and a cricket pitch. The listing is here.

From the NY Observer's Manhattan Transfers:
--Julian Schnabel has finally sold the triplex penthouse at Palazzo Chupi. Artist and director turned developer Julian Schnabel once wanted $32 million for the unit but settled for $10.5 million. The buyer is William J.B. Brady who bought a $15.5 million unit in the building several years ago. The Chupi duplex remains on the market for $12.95 million.

Gallery: Palazzo Chupi


--Katie Lee is paying Billy Joel $3 million for their West Village townhouse as part of her their divorce. The couple purchased the home in 2005 for $5.9 million.
--More than a year after art dealer Daniel Wildenstein sold his family's mansion at 11 East 64th Street for $42.5 million, the 29-foot-wide townhouse has reportedly gone back on the market for $37 million.
--Ex-Morgan Stanley vice chairman Bruce D. Fiedorek has listed his fifth-floor apartment at 998 Fifth Avenue for $34 million. The listing is here.

From the WSJ's Private Properties:
--Real-estate mogul Steven Roth of Vornado Realty Trust was the buyer of Bernard Madoff's beach house in Montauk, N.Y.
--Real-estate investor Jeff Greene bought a Beverly Hills property out of receivership for $35 million in 2006 and then put another $15 million into the renovation. Now, instead of selling in a slow market he has put the 25-acre estate up for lease for $250,000 a month. The 43,000-square-foot main house has 11 bedrooms, 14 baths and a 6,000-square-foot ballroom and the property includes six acres of wine-producing vineyards. The listing is here.

From Rented Spaces:
--Madonna sued by her neighbors for noise.
--He works so his tenants have homes.
--Comfort tops fall home decor trends.
--Cash in on wine mistakes.
--Do you live in one of the most stressed-out cities?
--Is mustache decor a hot trend?

Billy Joel Selling In Sagaponack

Filed under: Estates, Celebrity Shopping

billy joel and katie leeCelebrity divorce often leads to celebrity real estate up for sale. Billy and Katie Lee Joel are headed to divorce court and seeking to divest themselves of a pair of charming oceanfront properties in Sagaponack, New York. They bought the properties in 2007 for $28,385,000, in cash, says the Real Estalker.

The two properties were listed last month but listing pics just recently hit the internet. Both properties on Gibson Lane have gorgeous ocean views. The first home belonged to the late Roy Scheider and has been given a thorough going over by decorator Nate Berkus. The four-bedroom home is lad out for top ocean views, meaning that the public rooms are on the second floor. There are three bedrooms plus the master suite on the first floor. The second floor has a living room that runs the width of the house and has two wood-burning fireplaces and French doors that open to an oceanside terrace. The home has a large dining room, gourmet kitchen and a home office with built-in bookshelves. The home does not have a pool but the property has a usable variance for a swimming pool on the east side of the property. This home is listed at $22.5 million.

The other property is a more modest three-bedroom cottage on 1.2 acres. It is listed at $12.5 million. The simple home is decorated simply with white walls. It's an adorable abode but as the Real Estalker speculates, this one might be a teardown.



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