Daily Archives: August 14, 2009

Celebrity & Alpha Human Buyers & Sellers

Something For The Haves.

Masterfully compiled by [Cityfile]

Alec Baldwin has put his longtime co-op in the Eldorado on Central Park West on the market for $8.9 million. He’s reportedly thinking about trading it in for a four-bedroom apartment at the Dakota, which has been reduced from $24 million to $12.5 million over the past year. [NYP]

• Former GE CEO Jack Welch is in contract to buy a three-bedroom pad at One Beacon Court that’s next door to the condo he already owns. The 2,669-square-foot space was most recently listed for $8.995 million. Listed by-Brown Harris Stevens]

• New York Times columnist Paul Krugman and his wife, Robin Wells, have paid $1.7 million for former Times reporter Joseph B. Treaster’s three-bedroom co-op at 110 Riverside Drive. Meanwhile, the couple is currently in contract to sell their former apartment, a one-bedroom at 304 West 89th Street that was most recently listed for $599,000. Listed by Corcoran]

• Fashion heir Antonio Versace has paid “a little less” than $2.7 million for a two-bedroom condo at 44 Mercer Street.

• Dr. Richard Kaul has dropped the price of his townhouse at 69 West 83rd Street, which he bought for $3.6 million in 2005 and put on the market for $14 million last month. The manse is now listed for $10 million. [Cityfile, PDE]

• Real estate investor Michael Hirtenstein is reportedly paying $16.5 million for five units on three floors of the Enrique Norten-designed One York. [NYP]

Biggest Price Cut Of The Day

I love The Real Deal, I truly do but they continue to report inaccurate information on a daily basis when it comes to the daily price cut. And again today is no different. They source Streeteasy for the biggest daily price cut but Streeteasy is 24 hours behind with the information it collects. There is a real time source that is flawless by nature as it is controlled by the brokerage community. When a listing changes the listing broker makes those changes within a database that is sent to all other databases accessible by any licensed brokerage house. That is the source that is used by nylsblog.com.

So, today’s biggest price cut is 55 Vestry Street #8C. The price cut is a whopping $2,045,000. A 22.7% price cut. The price dropped from $8,995,000 to the new price of $6,950,000. That is huge news.

Show Me The Numbers.

55 Vestry St. Condominium

$6,950,000

$3284 common charges

2644 Square Feet

3 bedrooms

3.5 bathrooms

22 foot ceilings