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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, 04/11/10

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal's Private Properties:
--Diane Keaton has relisted her Beverly Hills home for $10.95 million. The seven-bedroom was listed at $12.95 million last year but it was taken off the market. The listing is here.
--Twitter co-founder Evan Williams has sold his penthouse loft in San Francisco for $1.25 million. It was listed at $1.498 million when we checked it out last year. The couple bought a four-bedroom home plus guest house in San Francisco's Noe Valley last year for $2.4 million.

-Philanthropist Carroll Petrie has listed her Palm Beach estate for $10.6 million. The listing for the estate known as Elephant Walk is here.

From the NY Post:
--Flavio Briatore is selling his One Beacon Court penthouse for $18 million. It was listed at $25 million when it was our estate of the day.

--Actress Jennifer Esposito,has sold her one of her two Greenwich Village apartments for $700,000. She had listed both units for $1.435 million but is holding on to one of them.



From the LA Times Hot Properties:
--A Bel-Air estate built in 1932 and designed by architect Gerard Colcord has sold for $10.5 million. The home, which was once owned by actor Bob Newhart and soap star Deidre Hall was previously listed at $12.95 million.
--Actor Dylan McDermott is moving his production company into a 2,200-square-foot loft at Dogtown Station in Venice.
--Former Los Angeles Police Department Chief William Bratton and his wife, Rikki Klieman, have sold their home in the Los Feliz area of Los Angeles for $1.4 million.
Director-producer Marcos Siega and his wife, Lisa, have listed their Sunset Strip-area home for $1.985 million. The listing is here.
--Actor Robert Conrad and his wife, LaVelda, have sold their equestrian property in Thousand Oaks for $1.955 million.


From the NY Observer:
--Comedy Central president Michele Ganeless has picked up a four-bedroom condo at the Harrison for $4,448,979.
--Weight Watchers International chairman Raymond Debbane paid $5.95 million for a six-room apartment at 515 Park Avenue.

From Newsday's Real LI:
--The Hamptons oceanfront mansion of ad man and restaurateur Jerry Della Femina and his wife, fashion columnist Judy Licht, is on the market for $40 million. The listing for the home is with Susan Breitenbach of The Corcoran Group.
--Real estate developer Andrew Farkas' Southampton compound, Hitwood, is on the market for $9.995 million. The listing is here.

From the Real Estalker:
--The beautiful Paris home of American financier John Gutfreund and his couture-loving wife Susan is on the market. The listing is here.
--Miley Cyrus has bought a home in Toluca Lake, California for $3.4 million.

From the NY Times Big Deal:
--A triplex at the top of 898 Park Avenue is listed for $15 million. The owners are James and Manuela Goren who are looking to sell the four-bedroom apartment and buy a smaller pied-à-terre.
--A modernist home on Shelter Island that belongs to designer and film producer Stuart Parr is listed for $8.95 million.
--Jeanne Moutossamy-Ashe, a photographer and the widow of the tennis player Arthur Ashe, recently sold a three-bedroom duplex on the Upper East Side for $2.125 million.

Miley Cyrus Plans Auction For Haiti

Filed under: Auctions, Charity

Miley Cyrus is doing her part for Haiti earthquake relief with an auction that starts tomorrow. The auction on eBay includes many donations from her celebrity friends. Britney Spears has donated the Versace dress she wore during her much celebrated return to glamour at the 2008 MTV Video Music Awards. Nicole Ritchie will contribute a few pieces from her House of Harlow jewelry line. Miley herself is giving the Herve Leger dress she wore to the Grammy Awards this year as well as a pair of tickets to the premiere of her new movie, "The Last Song." All proceeds will support the Red Cross's efforts in Haiti as the Caribbean nation continues to recover from last month's devastating earthquakes.

Following the Hope for Haiti telethon, donations have continued to roll in from the rich and famous. Check out a few of the big givers in the gallery below.


10 Fashion Statements of 2009

Filed under: Apparel, Jewelry, The Fashion Statement

Michelle Obama is radiant in an ensemble of Isabel Toledo, Nina Ricci and Jimmy Choo.This has been a wonderful year for fashion. From the emergence of fanciful fashion-rebel Lady Gaga to the arms of Michelle Obama, we've had inspiring influences right and left. At a time when most designers were playing it recession-friendly (aka safe), trends and personalities stood out more than ever. Here are Luxist's Top Ten Fashion Statements of 2009.

1. Michelle Obama's inauguration outfit (pictured, by Isabel Toledo)
2. Lady Gaga in general
3. Susan Boyle's many makeovers

Click through the gallery for pics of the whole list!

Leibovitz: Better off Bankrupt

Filed under: Art

annie leibovitzNow that she's staring down a $24 million lawsuit, Annie Leibovitz is running out of choices. With Art Capital Group claiming the rights to her photo archive, real estate and other assets posted as collateral, some experts say bankruptcy would buy her some time to find a new plan. But, it would come at the cost of privacy, as the photographers finances would be thrust into the public eye.

Neither Leibovitz's attorneys nor financial advisers returned Bloomberg News' calls for comment, but experts suggest that desperate times call for desperate measures. Filing for protection would push litigation into the future and secure the artist a bit of leverage. Hell, maybe it would buy her some time to see if Miley Cyrus wants to get naked again. I don't know if that would be worth $24 million, but I'm sure it would help Leibovitz to chip away at the debt.

Industry insiders seem to call Art Capital Group a capital source of last resort, though that's probably a bit unfair. If you're pledging collateral or are otherwise transacting in an illiquid market, common sense is necessary. And, let's face it, if traditional banks played in this space, Leibovitz may not have been hit with such tough terms. But, it's hard to believe she didn't know the rules of the game.

Mum's the word for now on Leibovitz's future. One thing is certain, however: she didn't spend the money on makeup.

[Thanks, Jason, for the makeup crack]

Miley Cyrus Trades The Porsche For A Prius

Filed under: Luxury Cars & Autos, Celebrity Shopping

In December we heard that pop star Miley Cyrus was driving around her mother's old Porsche Cayenne as she learned to drive. Now the sixteen-year-old has gotten her own new car. Her father Billy Ray Cyrus brought her a Prius.

On Ryan Seacrest's morning radio show Miley explained that the Cayenne was both too large (a 'big ol' tank' in her words) and not very green.

The Cayenne has been sold to a family friend and now Miley joins the many Hollywood folk who own a Prius.

Miley Cyrus's First Car

Filed under: Luxury Cars & Autos, Celebrity Shopping

It was rumored recently that Miley Cyrus's first car was going to be a Mercedes convertible. But it turns out the moneymaking songstress who recently celebrated her 16th birthday, will be driving mom's old car, just like many other teens. Of course in this case mom's cast-off is a Porsche Cayenne. So far Miley only has her learner's permit. Miley celebrated her 16th birthday at the American Music Awards and instead of getting a new car for her birthday, her father Billy Ray Cyrus built her a recording studio at the house.

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