• Actress Kristen Johnston has closed on the sale of her duplex at 296 West 10th Street. The two-bedroom apartment with a solarium and terrace, which Johnston listed for $1.795 million in June and went into contract to sell in August, sold for $1.7 million to costume designers John Orberg and Janet Kuhl. [Cityfile]
• Jamie Drake, the interior designer who counts Mayor Bloomberg as one of his clients, has put his 6,200-square-foot home in East Hampton on the market for $2.9 million. [Newsday, Mercedes/Berk]
• Armon Bar-Tur, a managing director at SafeHarbor Capital Partners, and his wife Rebecca, have found a buyer for their townhouse at 92 Charles Street. The four-bedroom home, which the couple bought for $6 million in 2006 and listed for $14.95 million in October, has gone into contract after less than a month on the market. [Curbed, Corcoran]
• Private eye Bo Dietl has gone into contract to sell his Manhasset home. The five-bedroom home, which the former cop and occasional TV commentator bought for $2.3 million in 2004 and listed for $3.295 million in August, is reportedly selling for "just over $3 million." [Newsday, PDE]
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Buyers & Sellers
Kristen Johnston Sells; Jamie Drake Lists
Buyers & Sellers
Alexis Stewart Re-Lists in Tribeca
• Alexis Stewart is hoping the third time is the charm when it comes to unloading her apartment at 27 North Moore Street. The 3,884-square-foot duplex penthouse loft, which Stewart tried to sell for $12.4 million in both 2007 and 2008, was taken off the market most recently this past July. But now the apartment is back—and it's sporting a higher price tag, too. The loft is currently listed for $12.95 million with Prudential Douglas Elliman's Dolly Lenz. [Cityfile, PDE]
• Jude Law is renting a three-bedroom apartment at the Novare on West 4th Street. What he's paying for the rental isn't clear, but the 3,500-square-foot apartment is up for sale for $7.8 million if you're interested. [NYP, BHS]More
Buyers & Sellers
Schwarzman Cuts Price, Bundchen Re-Lists Penthouse
• That was quick. Steve Schwarzman, the billionaire Blackstone Group co-founder who listed his former digs in East Hampton last month for $7.2 million, has already dropped the price. The home is now listed for $6.75 million. [Curbed, BHS]
• Gisele Bundchen isn't just trying to sell her Barrow Street townhouse. The supermodel and mom-to-be has also re-listed her triplex penthouse at 347 West 11th Street, which has been on and off the market for two years now. The 1,700-square-foot apartment, which hit the market for $10.9 million back in 2007, is now listed with PDE's Raphael De Niro for $4.5 million. [NYT, PDE]More
Buyers & Sellers
A Real Estate Exec Sells, A Kushner Buys
• Lee Neibart, a partner at Apollo Real Estate Advisors, and his wife Joyce, have closed on the sale of their 16th-floor apartment at 15 Central Park West, which they went into contract to sell back in May. The three-bedroom condo sold to a company called J & K Park Properties for $7.5 million, or $500,000 more than what the couple paid for apartment in January. [Cityfile]
• Real estate heiress Melissa Kushner—she's the daughter of Murray Kushner, niece of Charles Kushner, and Jared Kushner's first cousin—has paid $2.225 million for a three-bedroom condo at 534 Hudson Street with her husband, Jeremy Kaplan. [Cityfile]More
Buyers & Sellers
Loral CEO Sells on East 61st
• Michael Targoff, the Loral Space & Communications CEO who paid $10.25 million for a penthouse at 778 Park Avenue last year, has finally sold off his old spread—a 3,800-square-foot townhouse at 211 East 61st Street (left). The four-story manse sold for $6 million. [Cityfile]
• Houston Rockets owner Leslie Alexander has sliced $4 million off the price of his East Hampton estate. The six-bedroom mansion, which Alexander bought from Democratic lobbyist Liz Robbins for $15.45 million in early 2007, is now listed for $20.5 million. [Newsday, PDE]
• Miami real estate developer Tibor Hollo and his wife Sheila have paid $2.1 million for a 38th-floor apartment at the Trump Plaza on 61st Street. [Cityfile]
The East End
East Hampton Tests Out New Tax Scheme
East Hampton may be home to some of the richest people around, but the town itself is on the verge of bankruptcy. It's now facing an $18 million deficit by the end of the year, partly because most of the officials responsible for managing the town's finances over the past few years have turned out to be crooks. (In what is becoming a tradition of sorts, another local official was arrested this week—he served as budget officer until recently—and was charged with seven felonies.) More
Buyers & Sellers
Embattled Exec Finds a Buyer On East 78th Street
• Frank Cassou—the general counsel and executive VP of NextWave Wireless who found himself in the hot seat when shares of the company plummeted and a wave of shareholder lawsuits followed—has gone into contract to sell his 18-foot-wide townhouse at 57 East 78th Street. The 4,600-square-foot manse, which he and his wife Gabrielle bought for $5.45 million in 2003, has been on the market for $15 million since February. [Cityfile, Sotheby's]
• A 2,890-square-foot penthouse at 285 Lafayette Street, which was acquired in 1999 by a trust in the names of Johnson & Johnson heirs Joyce Johnson and John Johnson III, has taken a $2 million haircut. The three-bedroom apartment, which is located next door to a larger penthouse that Ian Schrager is currently selling, is now priced at $10 million. [Cityfile, Real Deal, BHS]More
Restaurants
Ron Perelman Preps For His Hamptons Debut
Ron Perelman already has a hand in the restaurant business: He's an investor in Graydon Carter's Monkey Bar and he also happens to own the building that houses Carter's Waverly Inn. But he has a new venture in the works! He's reopening the Blue Parrot, the margarita bar/restaurant in East Hampton that's been closed since 2006. Ralph Lauren had originally planned to take over the space; when his plans fell through, Perelman swooped in. And he's assembled quite the team to give the venue another lease on life. More
Real Estate
Kelly Bensimon: Renter Wanted
• Kelly Killoren Bensimon isn't having much luck unloading her 2,800-square-foot home in East Hampton, which she put on the market for $14.5 million two years ago and was most recently offering for $10.9 million. The Further Lane estate has now been taken off the market, although Bensimon hasn't given up hope on finding someone willing to pay $295,000 to rent it for the summer season. [NYP, DM]
• Raef LaFrentz, a power forward for the Portland Trail Blazers, has picked up a New York pad. LaFrentz paid $1.7 million for a two-bedroom condo in the Liberty Lofts building on West 64th Street. [Cityfile]More
Buyers & Sellers
$5.5 Price Cut on UES, Lord Foster Buys on Fifth
• The 25-foot-wide townhouse at 11 East 82nd Street, which was purchased up by billionaire Ron Perelman as a home for one of his executives back in 1996 and was later bought by private investor Keith Gollust, has been reduced for a second time since hitting the market in February 2008 for $40 million. Most recently priced at $35 million, the limestone manse can now be yours for a mere $29.5 million. [Cityfile, Sotheby's]
• British architect Lord Norman Foster and his wife, Elena, paid $7.2 million for a 2,725-square-foot co-op at 912 Fifth Avenue. [NYO]More
The Hamptons
Ron Baron Heads to Court
It seems the East Hampton town board has followed through on its threat to sue Ron Baron, the dune-destroying billionaire who installed an 800-foot concrete barrier on his 40-acre Further Lane property last year and has been battling the local authorities ever since. The Post reports that Baron has been ordered to appear in court on March 16th, where he'll face eight code violations for his failure to secure the proper permits and for construction work that led to the destruction of several 3,000-year-old dunes. Baron could face four years in jail if he's ultimately convicted. But we doubt Baron will get to that point. Even if he is someone who once likened his battle to get gay men to stop having sex on the stretch of beach in front of his house to the war in Vietnam.
Buyers & Sellers
Winkelried Cuts in Nantucket, Astor Listing Pulled
• Goldman Sachs co-president Jon Winkelried (left) has cut the price of his waterfront mansion in Nantucket. Originally purchased for $7 million in 1999, Winkelried put the home on the market for $55 million in October 2008. He's now lowered the price to $38.5 million. [WSJ]
• A. Robert Towbin, a managing director at Stephens and the former co-chairman of C.E. Unterberg, Towbin, has sold his 2.5-acre property on West End Road in East Hampton for $26.5 million. That's $11 million less than what it was first listed for back in mid-2007. [WSJ]
• Brooke Astor's former duplex at 778 Park, which has yet to sell despite a substantial price cut—it was first listed at $46 million before the price was reduced to $34 million in October—has been pulled off the market. The listing should resurface with Kirk Henckels as the new broker. [NYO, Curbed]
Real Estate
East Hampton Faces Off Against Ron Baron
It's been nearly two months since the town of East Hampton first began its crusade against Ron Baron, the investor accused of razing the 3,000-year-old dunes on his 40-acre beachfront property without obtaining the proper permits in advance. At the time, East Hampton threatened Baron with a $500-a-day fine until the problem was resolved and the "habitat was restored." Unfortunately, it turns out that $500 a day doesn't go very far when you're trying to scare a billionaire into submission.More
The Hamptons
Ron Baron's Dune Destruction Drama
How do you get half of the Hamptons to hate you instantly? Destroying the 3,000-year-old sand dunes on your property is a good way to start. Billionaire fund manager Ron Baron now stands accused of razing part of the beachfront property he purchased in May 2007 when he spent a record $103 million for 40 acres of prime East Hampton real estate. Baron has since constructed a 30,000-square-foot mansion on a nearby parcel, but it was the recent destruction of the historic dunes near his house that now has environmental groups up in arms.More
Socialites
Arden Buys Some Time
You may recall that back in July, social scenester Arden Wohl was arrested in East Hampton after she allegedly stole a few items from the Ralph Lauren outpost in East Hampton and printed words "Ralph Lipshits" [sic] in red lipstick on the exterior of the store. She was given a court date of August 28 to answer for her crimes, which of course was last week. So what happened to the headband-obsessed party-goer and filmmaker? Will she spend the next year in jail, the maximum sentence for such unspeakable acts? The jury is still out, so to speak! We checked in with the Suffolk County district attorney's office, and a spokesperson tells us that the case was adjourned, and another date will be set so that Arden can finally face the music in village court. It's very doubtful she'll have to do any hard time, though; the worst part may be that now the summer season is over, she'll have to make a special trip to the East End later this fall to answer the charges. Now that would be a total pain, wouldn't it?









