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Golden State Warriors Sold For Record $450 MIllion

Filed under: Sports

In a startling turn, the frontrunner to be the next owner of the Golden State Warriors basketball team, Oracle CEO Larry Ellison has come up short. The new owner will be Joseph Lacob. The Mercury News reports that Lacob, a managing partner with Kleiner Perkins Caufield & Byers, a venture capitalist firm in Menlo Park is also part owner of the Boston Celtics. His Golden State Warriors group includes Peter Guber of Mandalay Entertainment. Guber's Mandalay Baseball Properties owns a bunch of minor league baseball teams and was reportedly once interested in buying the Oakland Athletics.

There seems to be some controversy over the decision. Ellison has claimed that he submitted a higher bid but his bid may have come too late. "This is my dream come true," said Lacob, in a statement and he stated that he and Peter Guber are committed to building the team into a championship organization that will "make all of us in the Bay Area proud."

As now-former owner Chris Cohan hoped it would, the sale price broke the record of $401 million set by the Phoenix Suns sale. Lacob and his group paid $450 million for the Warriors. Cohan bought the team for $120 million in 1995.

Sunday Real Estate Round-Up, 06/06/10

Filed under: Estates, Celebrity Shopping


From the Wall Street Journal's Private Properties:
--Las Vegas restaurant and nightlife entrepreneur Andrew Sasson has cut the asking price on his Oahu mansion to $14.8 million from $21 million.
--Veteran movie executive Peter Guber is asking $16.25 million for a house on two acres in Los Angeles' Bel-Air neighborhood. He bought the house in 1996 for $3.6 million. The listing is with Westside Estate Agency.
--Turtle Island, a small private island off the east coast of Queensland, Australia, is on the market for $5.6 million.

From the NY Post:
--Hamptons builder Joe Farrell is expected to close on a deal to sell 30 Halsey Lane in Water Mill for $6.5 million next week. He is also trying to sell 963 Cobb Road West in Water Mill for $5.99 million and his own 31,000-square-foot Bridgehampton house on a sprawling 11.5 acres, Sandcastle remains on the market for $49.5 million.

Gallery: Sandcastle


--A two-bedroom apartment that was recently home to photographer Indrani, is on the market for $2.075 million.
--The buyer of the $23.69 million penthouse condo at One York in TriBeCa bought the apartment as a rather expensive pied-a-terre.
--The home of the Transcendental Meditation Program was listed at $45 million last fall but is now listed at $25.5 million.

From the LA Times:
--The Beverly Hills home of the late Adam " DJ AM" Goldstein has sold for $2.755 million.


From the Real Estalker:
--David Hyde Pierce and partner Brian Hargrove have picked up a three-bedroom home in Amagansett, New York for $6.3 million.
--Chuck Panozzo, bass player and founding member of Styx, has listed his home in Wilton Manors, Florida for $799,000.
--Country music star Alan Jackson may have sold Sweetbriar, his estate in rural Franklin, Tennessee for a record $28 million. it was listed at $38 million.

--Rumor has it that Scarlett Johannson and Ryan Reynolds have picked up a farm in Louisiana.



From Move Trends:
--Kansas City Royals catcher Jason Kendall has listed one of his two Pacific Palisades, CA estates for $7,999,999. The property the baseball player is trying to sell was purchased in 2007 and is next door to the house he bought in 2005.
--Author James McBride has listed his Los Angeles home for $1.295 million.
--A home in Batavia, Illinois built by architect Frank Lloyd Wright is on the market for $1.5 million.

Sunday Real Estate Round-Up, 11/29/09

Filed under: Estates, Celebrity Shopping


From the Real Estalker:
--Actor Oliver Hudson has listed his West Hollywood home, shown above, at $1.035 million. The listing is here.
--Singer Leona Lewis has picked up a Hollywood home for $1.85 million.
--Christina Ricci has listed a two-bedroom home in the Los Feliz area of Los Angeles. The listing is here.
From the Wall Street Journal's Private Properties:
--Movie executive Peter Guber has sold his Kauai home for $28 million.
--Tennis player Mats Wilander has dropped the price of his home in Sun Valley, Idaho to $5.95 million. It was listed at $7.9 million when we checked it out as an estate of the day.

Gallery: Cove Meadow


--Retired New York Giants defensive end Michael Strahan has listed his loft in Manhattan's Tribeca neighborhood for $1.5 million. The listing is here.

From Cityfile's Buyers and Sellers:
--The Soho loft that Josh Hartnett lived in until recently has been sold for $2.030 million.
--via the NY Observer, Samuel I. Newhouse IV, the grandson of Condé Nast chief Si Newhouse is moving to Tribeca and paid $2.465 million for a loft.
--via Curbed, Hedge fund mogul Bill Ackman has found a buyer for his 3,000-square-foot co-op at the Majestic. The three-bedroom apartment, which went on the market for $10 million in April, was listed for $7.9 million when it went into contract earlier this month.
--Beverly Kerzner, the daughter of South African gambling magnate Sol Kerzner, has dropped the price of her triplex at 213 West 23rd Street.It was listed at $15 million but is now for sale for $9.495 million.
--via the NY Post, Samuel L. Jackson is reportedly the mystery buyer behind the purchase of a condo at 76 Crosby Street. The second-floor apartment was most recently listed for $4.35 million but Jackson is reportedly picking it up for just under $4.1 million. Check out the listing here.
--Joseph Betesh, president of the Dr. Jay's chain of clothing stores, has put his 28th-floor condo at 15 Central Park West on the market for $12.9 million. The listing is here.
--via Newsday, billionaire tycoon Ira Rennert is about to get a new neighbor. The 5,000-square-foot mansion next door to Rennert's estate in Sagaponack has gone into contract to sell, less than two months after it went on the market for $11.5 million.
--via Curbed, music video director Ed Steinberg has put his duplex at 60 Broadway in South Williamsburg on the market for $1.3495 million. The listing is here.
--via Curbed, art historian Hugh Crean has put his Victorian townhouse on the market for $1.595 million. The listing is here.
--via the NY Observer, Dr. Hilel Lewis, an ophthalmologist and the former head of the Cleveland Clinic's Cole Eye Institute, has put his three-bedroom condo at the Time Warner Center on the market for $14.9 million, $8.9 million more than he paid for it in 2007. The listing is here.
--via the NY Observer, Harper's Bazaar publisher Valerie Salembier and her husband, former Revlon president Paul Block, have paid $2.55 million for a three-bedroom apartment at 860 United National Plaza.
--Goldman Sachs CEO Lloyd Blankfein and his wife Laura have cut the price on their five-bedroom co-op at 941 Park Avenue to $13.5 million. The listing is here.

From Homes and Property UK:
--Comedian and novelist Ben Elton won't be selling his £4 million London home even thouse he is moving to Australia.
--Film producer and former BAFTA chairman Simon Relph is selling The Old Malthouse, his eight-bedroom Wiltshire home near Bath, for £1.25 million through Savills. The listing is here.
--Gardener Clare Cooke is selling Little West Barn Farm, her Grade-II listed, six-bedroom Georgian home in Somerset, for £2.75 million. The listing is here.

From the LA Times Hot Properties:
--Actor Robert Conrad and his wife, LaVelda, have listed their equestrian property in Thousand Oaks for $2.25 million. The listing is here.
--Film and TV producer David Niven Jr. has sold his Sunset Strip-area home for $5 million.

Sunday Real Estate Round-Up

Filed under: Estates, Celebrity Shopping


From Berg Properties Big Time Listings:
--via In Touch Weekly, 'Dancing with the Stars' co-host Samantha Harris and her husband, Michael Hess have paid $1,600,000 to buy a in Los Angeles west of the Century City area.
--Slash has finally sold his five-bedroom "lawsuit house" in the Hollywood Hills, possibly to San Diego Padres relief pitcher Randy Wolf.
--An update of the real estate moves of Hilary Swank, she paid $5.8 million earlier this year for a place in Pacific Palisades and told W Magazine that she left New York because of the high real estate prices (Swank and ex-hubby Chad Lowe sold their Manhattan townhouse for $7,050,000 million in January) but likely her romance with her former agent John Campisi, who is L.A.-based also had something to do with it. Nevertheless, New York magazine has spotted Swank browsing for a loft and reported that she was looking at a a two-bedroom unit in the Superior Ink development in Manhattan.
--'One Tree Hill' actors Chad Michael Murray and Sophia Bush have sold their house in Wilmington, N.C. for $730,000.
--Justin Long, who is perhaps most famous for the "I'm a Mac" ads, has paid about $1,400,000 for amid-century modern home in the Hollywood Hills.
--Nicole Richie has sold her condominium unit in the Empire West building in West Hollywood for $2,250,000.

From the Real Estalker:
--via Newsday, Patricia Kennedy Lawford's estate has sold her Southampton home for $9.8 million.
--via Luxury Real Estate, Eddie Murphy's ex-wife Nicole Murphy has sold their Sacramento area home for the highest price the Sacramento area has ever seen, $6.1 million.Most of the furnishings, including at least 20 TVs and a sleek, black, $200,000 Schimmel Pegasus grand piano were included in the deal.
--The Real Estalker Mama has nabbed some interior shots of the Golden Beach, Florida house that Ricky Martin has put on the market for $22.5 million.
--The Mama takes a look at Peter Guber's Kauai Tara Plantation. This home has sat on the market for $46.5 million for nearly 3 years, we covered it way back in February 2005.
--Amanda Peet and her screenwriter husband David Benioff have sold their Angelo View Drive house high above Holmby Hills and have purchased the former James Cagney estate above Sunset Boulevard on N. Wetherly Drive.
--50 Cent has reduced the price of his Connecticut home to $12 million from $18.5 million.

From the LA Times Hot Property:
--Nicolas Cage has pulled his Bel-Air mansion, which was listed at $35 million, off the market.
-- St. Louis Rams owner Georgia Frontiere sold her Bel-Air home for close to $30 million.
--Madonna's former home in Beverly Hills, which was redone by Diane Keaton, just closed at almost $17 million.
--Comedy writer Bill Richmond has purchased a town house overlooking the lake in Calabasas Park for close to its asking price of $1.3 million.
--Gregory Joujon-Roche, a celebrity personal trainer, has listed his Malibu condo for $2.695 million. The listing is here, the home is freshly redecorated and gorgeous.
--Peter Shin, supervising director of the TV show "Family Guy," has bought a contemporary-style house for $1.3-plus million in the Hollywood Hills.

From the Wall Street Journal's Private Properties:
--Fashion designer Kenzo has put his Paris home on the market for 12 million euros. it is our estate of the day later today.


From the NY Times Big Deal:
--The buyer of Ricky Martin's former apartment in the Time Warner Center have signed a contract to flip it for around $17.9 million. Martin bought it in 2004 for $6.8 million and sold it in September 2006 for $9.75 million.
--Fewer than a third of the 201 coveted apartments in Robert A. M. Stern's complex 15 Central Park West near the foot of Central Park, at West 61st Street, have now closed. But of those, five apartments were put back on the market almost instantly and more listings are likely.

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