Monday, August 22, 2011

Brad Pitt Officially Lists Malibu Beach House



SELLER: Brad Pitt

LOCATION: Malibu, CA

PRICE: $13,750,000

SIZE: 4,088 square feet, 4 bedrooms, 4 bathroooms



YOUR MAMAS NOTES: In March 2005, about the time Brad Pitt and Jennifer Aniston called off their short marriage and he hooked up with earth-momma/actress Angelina Jolie, superstar Brad Pitt shelled out a very a-list $8,410,000 for a very contemporary and glassy ocean front bachelor pad perched on 1.26 bluff top acres on the rugged but extremely swank Encinal Bluffs area in Malibu, CA.



The well-known architecture buff spent years and millions transforming the 1962 mid-century home into a designer show pad that became Ground Zero for the then still budding affair between Mister Pitt and his current long-time lady-made and baby momma Angelina Jolie.



Starting in 2009 rumors began to swirl and make their way around the celebrity real estate merry-go-round about Mister Pitt–and by extension Miz Jolie–wanting to sell the ocean front estate. As far as Your Mama knows–and we really don't know a damn thing–we were the first property gossip to discuss the rumors back in early February 2009 when we heard from Our Lady in Malibu that Mister Pitt had quietly floated the property on the (pocket listing) market with an asking price of $18,000,000.



More than two years later the property remains in Mister Pitt's bulging real estate portfolio and yesterday it landed on the open market with a much lower–and arguably much more realistic–asking price of $13,750,000.



Listing information shows the low-slung, angular and crisply modern residence measures 4,088 square feet and includes a total of 4 bedrooms and 4 bathrooms. Two of the bedrooms, as per the listing, are currently used as offices, which means when the Pitt-Jolies are in residence in Malibu all 78 of their natural born and adopted children have to share a single bedroom.



The primary living spaces have dark bamboo floors and walls of floor to ceiling glass that expose the house to the various courtyards, patios and decks around the house that offer panoramic views up and down the quintessentially dramatic California coastline. The sleek and modern interior areas include living and dining rooms, a family room, and an all-stainless steel kitchen with walk-in refrigerator/freezer.



Listing information shows that the house is equipped with radiant heating but no air conditioning but we're guessing the design of the house and the cool coastal breezes make air conditioning unnecessary. Other features, as per the listing, include covered parking for three cars, three fireplaces (two indoors one outdoors), sound and security systems that we can all bet are the finest money can buy, and a private path/stairs to the sandy and somewhat remote beach at the bottom of the bluff.



The property slopes dramatically from Pacific Coast Highway to the steep bluff that tumbles down to the sand and sea. A heavily fortified gate opens to a driveway that brings cars past a tennis court and lap-lane swimming pool to a tight motor court at the front of the house.



Listing information indicates that plans and coastal approval exists for the addition of a second story designed by architect Chris Sorensen, a Malibu-based architect who specializes in what his website calls "environmentally conscious design solutions."



Although the multi-culti Pitt-Jolie clan spend much of their time in Europe where home base is Chateau Miraval, an 880-acre spread in a rural area in the South of France, they maintain a number of pricey and posh pads state side including a secluded ocean front compound just outside of Santa Barbara, CA, a growing compound in the Los Feliz area of Los Angeles and an historic mansion in the French Quarter in New Orleans.



photo (top): Pacific Coast News

photo (bottom): Bing

Friday, August 19, 2011

A Few Links to Keep Y'all Busy

Family matters, a funeral puppies, require Your Mama be away today. Sorry darlins.



1. Art gallerist Larry Gagosian just paid hedge hog J. Christopher Flowers $36,500,000 for the famous and famously large and expensive Harkness Mansion on the Upper East Side. Sound like a lot? It is, but it's almost $15,000,000 than brassy Mister Flowers paid for the huge house in 2006 and every inch of the interiors is still to be done.



2. Actor John Larroquette lists an ugly little in Mellenthin-style ranch house in Sherman Oaks, CA



3. Ruth Madoff, wife of convicted Ponzi putz Bernie Madoff, who used to own a penthouse in Manhattan, an ocean front home in Montauk (NY) and a water front home in Palm Beach (FL) has been found living in a modest condo in Boca Raton, FL. And she drives a Honda Civic that probably cost as much as she used to pay to have her hair dyed.

Thursday, August 18, 2011

Alec Baldwin Goes Downtown



BUYER: Alex Baldwin

LOCATION: New York City, NY

PRICE: $12,500,000 (list)

SIZE: 4,137 square feet, 4 bedrooms, 4.5 bathrooms



YOUR MAMAS NOTES: What's old quickly becomes new again in the world of celebrity real estate. Two weeks ago the peeps at The Post reported that Oscar-nominated and Emmy-winning actor Alec Baldwin listed his long-time home at the high-toned and twin-towered Eldorado building on New York City's Central Park West with an asking price of $9,500,000.



What was not mentioned was that Mister Baldwin attempted to sell the 3 bedroom and 3.5 bathroom spread on the 22nd floor at The Eldorado way back in August 2009 with a much lower asking price of $7,500,000. It doesn't take clicks and flicks of the hard-working beads on Your Mama's bejeweled abacus to determine that Mister Baldwin and his Real Estate have seen fit to jack up the price by a full two million dollars even though, arguably, the real estate economy isn't all that much better today than it was two years ago.



Anyhoo, at the very same time Mister Baldwin listed his 22nd floor co-operative apartment at The Eldorado he also listed a second 1-bedroom unit with 12-foot ceilings on the ground floor of the building with an asking price of $1,200,000. This unit no longer appears on the open market nor is is mentioned in current listing information for Mister Baldwin's bigger unit upstairs. Make of that what you will.



Mister Baldwin has been on on the house for new digs in The Big Apple for quite some time. Originally his search centered around Upper West Side where he reportedly peeped at numerous fancy pads including places at the troubled Apthorp building and a 4 bedroom spread at The Dakota priced at $12,500,000.



Ultimately 50-something year old Mister Baldwin turned his real estate attentions downtown where his plan, as per all the New York City property gossips, is to buy a new crib where he can bunk in the lap of luxury with his much younger 28-year old lady-friend, yoga instructor Hilaria Thomas.



Within days of The Post reporting on Mister Baldwin's (re-)listing of his Upper West Side aerie, a real estate snitch whispered to the fine folks at Curbed that Mister Baldwin has signed contracts to purchase a duplex penthouse at the newly renovated Devonshire House in Greenwich Village's hoity-toity Gold Coast 'hood. The hulking red-brick pre-war edifice was originally designed by noted and beloved architect Emery Roth who, coincidentally, also designed the geometric Art Deco magnificence that is The Eldorado.



Mister Baldwin (allegedly and reportedly) opted for a 4,137 square foot penthouse pad at Devonshire House that last carried an asking price of $12,500,000. Listing information shows the posh penthouse–with interiors done up and did over by big-time decorator Victoria Hagan–contains 3 sizable bedrooms, each with private (and windowed) pooper. The large master suite, tucked into a oblique corner of the building with eastern and northern views, features an entry vestibule with coat closet–which we love–a windowed bathroom with separate glass-enclosed shower and raised soaking tub, private sitting area/study, and a dressing hall lined with closets.



The main living space pinwheels around a floating staircase and includes a formal dining room, living room with fireplace, and eat-in kitchen with center island breakfast bar plus room for a table, white Shaker-style cabinets, crisp white counter tops and grey-veined marble back splash, deep farm house sink and commercial-style stainless steel appliances.



The floor plan, as marked up in marketing materials, shows a somewhat awkward relationship between the foyer, living room, kitchen and dining room. As marked, one has to go through the kitchen or dining room in order to get to the living room. Iffin this were Your Mama and the Dr. Cooter's $12,500,000 penthouse we'd probably make the dining room the living room and the living room the dining room in an effort to promote a more harmonious relationship between the public spaces.



The second floor contains a family room/den with built-in wet bar, windowed bathroom and access to two terraces, a smaller one that overlooks the building's courtyard and a larger one that hangs over tree-lined East 10th Street.



listing photos and floor plan: Stribling

Wednesday, August 17, 2011

UPDATE: Kim Kardashian Wedding Venue

Yesterday the tee-vee people at Extra reported–and we passed on–that the wedding of booty-fied reality tee-vee star Kim Kardashian and professional basketball player Kris Humphries would take place this weekend on the grounds of a Montecito, CA estate owned by former Google CEO Eric Schmidt.



During the broadcast they showed photographs of the grounds which Your Mama immediately recognized as the property Mister Schmidt snatched up in late 2007 for $20,000,000 from comedian/chat show host Ellen Degeneres. The property, with it's stuh-ning 1926 George Washington Smith-designed Spanish Colonial mansion and acres of immaculately groomed grounds, seemed like an obvious and excellent choice for a celebrity wedding that will undoubtedly be packed to the rafters with other celebrities and high profile people.



However, today, much to our confusion, scads of reports have come out with photos provided by the industrious paps at X17 Online that show an entirely different Montecito estate as the chosen location for the Kardashian family wedding event. In fact, X17 Online's aerial photographs show the impressive estate in a frenzied state of preparation.



The, walled, multi-gated, high-hedged and heavily fortified property X17 shows, isn't far from Mister Schmidt's estate and also boasts a magnificent George Washington Smith-designed mansion. A little peeking and poking around the interweb turned up records that show the 10-plus acre estate where Kimmy K. will actually tie her nuptials knot is owned by Frank J. Caufield, a co-founder of a high-powered Silicon Valley-based venture capital concern.



Old marketing materials for the property provided by a snitch we'll call Montecito Mary, reveal that the pristine spread, dubbed Sotto Il Monte, centers around a 15,452 square foot main house completed in 1929 for Kirk Johnson, one of the founders of the First National Bank of Beverly Hills. The Santa Barbara Tax Man shows the Tuscan mansion contains only 2 bedrooms but 6.5 bathrooms. In addition to the main manse there are various barns and outbuildings scattered throughout the grounds that include a guest house, staff quarters and manager's apartment, greenhouse, shade house, a car collector's garage, pool house, gymnasium.



The vast gardens were originally designed, as per marketing materials, in 1927 by A.E. Hanson who took his stylistic cue from formal Renaissance gardens in Italy. The gardens, a complex series of interlocking garden rooms adheres to a rich formality with boxwood lined symmetrical parterres and tree-lined allées. In addition the to pretty and perfect gardens, the meticulous grounds include a north/south tennis court, an indoor swimming pool plus a 25-meter outdoor pool–that photos show will be covered for the ceremony–and great swathes of Gastbyesque lawns that slope down from the rear of the main residence.



Apropos of nothing having to do with the Kardashian wedding fete and feast...In the early Naughts Mister Caufield married a lady named Karen. After not-quite 8 years of marriage, Missus Caufield filed for divorce. Your Mama, who does not know a hole in the ground from a tin cup, does not know if Mister and Missus Caufield reconciled or finalized their divorce proceedings but we did find online documentation that in 2009 a court ruling provided estranged Missus Caufield with $406,504 in temporary spousal support. Monthly spousal support, children, monthly spousal support.



Property records show that Mister Caufield also owns at least two other posh properties in California including a 6,685 square foot mansion in the snazzy Pacific Heights 'hood in San Francisco, CA purchased in the mid-1980s from a now-deceased but once-prominent pediatrician for $1,450,000. Records also indicate that in October 2007 Mister Caufield shelled out another $2,325,000 for a 1,599 square foot penthouse pad in a converted building in the Jackson Square area just north of downtown San Francisco.



The Kardashian clan's home base is Momma Kris's krib in the horsey gated community of Hidden Hills, CA and in February 2010, before hooking up with hunky Mister Humphries, Kim Kardashian dropped $3,400,000 on a 4,000 square foot Beverly Hills bachelorette pad. We have no idea where Miss Kardashian and her soon to be hubby will settle down once they're unified in the eyes of God and government. However, iffin we were the wagering type–and we're not–we'd bet the farm that in Kimmy K.'s case, a new spouse means a new house. We shall see butter beans, we shall see.



photo: Bing

Will the Bank Boot Burt Reynolds From his Florida Estate?



Once upon a time mustachioed actor/beloved geriatric sex symbol Burt Reynolds was the Hollywood shit. Women swooned over his thickly haired chest and cavalier masculinity while men practiced smacking wads of gum and making stupid wisecracks in an effort to adopt that special brand of Burt Reynoldsian good ol' boy man-sexy.



He popped into the Tinseltown scene way back in the late 1950 but Mister Reynolds' professional salad days were without a doubt the 1970s and 80s when he appeared in dozens of films that include Smokey and the Bandit (I, II and III), The Cannonball Run (I and II), Stroker Ace, and The Best Little Whorehouse in Texas with top-heavy country queen Dolly Parton. In the late eighties and well in to the 1990s he switched from the silver screen to the tee-vee screen with starring rolls on B.L. Stryker, Out of This World, and Evening Shade. In 1997 his all but moribund movie career was revived when he portrayed porn director Jack Horner in Boogie Nights, a role that earned him an Oscar nomination. Since then he's appeared in scads of movies and television programs, most of which we've never heard of let alone seen.



The last couple of years have not been particularly kind professionally, personally or financially for the one-time superstar. In 2009 he reportedly checked himself into rehab to cope with an addiction to pain killers and in 2010 he underwent a quintuple bypass surgery. Now, here we area in the dogs days of summer 2011 and word slips and slides down the celebrity real estate gossip grapevine that Mister Reynolds is more than a million dollars behind on the mortgage for Valhalla, his waterfront estate in hoity-toity Hobe Sound, FL



It seems almost inconceivable that a man with such a long and presumably lucrative career in the Show Business would find himself in the sort of financial pickle that would keep him from making his mortgage. However, according to earlier reports, a lawsuit filed last week in Martin County (FL) Mister Reynolds stopped paying his mortgage about a year ago and owes Merrill Lynch Credit Corporation (MLCC) around $1,200,000 in unmade payments. Should Mister Reynolds not make good on what he owes, MLCC could move to foreclose on the luxuriously appointed but decoratively kitch property, a maneuver that would put Mister Reynolds out on his 70-something year old keister.



Mister Reynolds has owned the property since 1980 when records show he paid $700,000 for the three-plus acre water front spread that includes a 12,538 square foot main mansion with 5 bedrooms and 7 bathrooms. Interior spaces include a cavernous living room, formal dining room that opens to a screened in party-porch, office with antique wood-paneling and waterfalls–yes, water falls–extensively equipped fitness facility, wine cellar, saloon-like billiard/game room, and a huge home theater with wide screen, portable popcorn maker and small organ.



The secluded and deliciously private property also includes an additional 2 bedroom guest house, caretaker's cottage, heated swimming pool with adjacent gazebo, floating helipad, and private dock plenty large enough to park a big boat (and a helicopter).



Mister Reynolds attempted to sell the estate in 2005 when it was listed with an optimistic asking price of $15,000,000 that was later raised to $15,900,000. Within a year of the price increase the price tag had plummeted to $12,900,000. Eventually the price was dropped again to $10,500,000 and then again to $8,995,000. A few flicks of the well-worn beads of Your Mama's bejeweled abacus shows the last asking price–or at least the last asking price we're aware of–represents a punishing 44% reduction from the highest number put on the property.



As of this morning, Mister Reynold's Hobe Sound residence remains on the market with an asking price of $8,995,000.



listing photos: JIC Realty

Tuesday, August 16, 2011

Kim Kardashian to Wed At Ellen Degeneres' Former Estate

UPDATE (Next day): Turns out Extra–and, by extension, Your Mama–got it wrong. The correct and updated information on the Kim Kardashian wedding is located here.



While Your Mama and the Dr. Cooter couldn't care less there are oodles of children and other folks in a high state of anxiety and anticipation over the upcoming nuptials of behemoth booty-ed reality tee-vee superstar Kim Kardashian and professional ball dribbler Kris Humphries.



There are two just things we know about this impending matrimonial ceremony/Kardashian family public relation über-event, both of which we gleaned by unwanted osmosis via all the gossip glossies, celebrity blogs and boob-toob entertainment "news" programs. The first is that Kimmy K. and her entourage of sisters and bridesmaids will be expensively clad in custom made gowns by wedding dress designer extraordinaire Vera Wang who, in what may or may not be a coinky-dink, just dropped $9,200,000 for a glassy house in Beverly Hills.



The second bit of intel we've passively soaked up comes courtesy of the celebrity scuttlebutt slingers at Extra who reported on the telly tonight that the wagon hitching ceremony cum tabloid spectacle will take place this coming Saturday at an historic and well-known estate with celebrity connections nestled into the ocean view hills of the uppity seaside enclave of Montecito, CA,



The lavish but low-key estate belongs to high profile Silicon Valley royal Eric Schmidt, otherwise known as the former CEO of Google. When the multi-billionaire stepped down from his post atop the corporate pyramid at Google in early 2011 he received a $100,000,000 parting gift. Before his exit from Google was announced he and they engineered a plan to sell a fractional block of his overall stock that at current rates would put more than three hundred million clammers in his already over-stuffed wallet.



Mister Schmidt acquired the property in November 2007 when he paid comedienne/chat show host Ellen Degeneres and her Sapphic wife Portia de Rossi $20,000,000 for the four-ish acre estate. Celebrity real estate watchers will recall that notoriously fickle property maven Ellen Degeneres picked up the impressive spread in October 2006 for around $15,750,000 and by March of the following year had flipped her picture-perfect compound back on the market with a hugely increased asking price of $24,000,000.



The privately situated and heavily secured luxury compound's architectural heart and soul is a 5,000-plus square foot main house with 4 bedrooms and 4 full and 2 half bathrooms designed by beloved Santa Barbara architect George Washington Smith. Staff and/or guests can be comfortably accommodated in a detached 1-bedroom guest house with kitchen and an additional studio space tucked into a quiet corner provides private respite from family members and all the full-time staff people required to maintain an estate of this magnitude.



At the time Mister Schmidt snatched up the property, the extensively and meticulously landscaped grounds included a long winding drive, massive motor court, championship grade tennis court, extra-long swimming pool with raised spa area, wide terraces, broad lawns, and a stunning allée with colorful tiled fountain that screams out for a highly stylized celebrity wedding designed–we presume–by an efficient, innovative and extremely well-paid event planner.



The children should note the photos here reflect the house as it appeared when Miz and Missus Degeneres acquired the property in 2006.



listing photos: Sotheby's International Realty

Vera Wang Goes Way Modern on the West Coast







BUYER: Vera Wang

LOCATION: Beverly Hills, CA

PRICE: $9,200,000

SIZE: 4 bedrooms, 4 bathrooms



YOUR MAMAS NOTES: Probably all of the children already know about New York City-based wedding dress designer turned lifestyle guru Vera Wang's recent acquisition of a very contemporary crash pad in Beverly Hills, CA. Since we're a little tardy for this party, we're going to try to add a little additional meat to this celebrity real estate bone by also recapping some of Miz Wang's other and many real estate transactions over the last few years.



Back in early August Your Mama heard from one of our more reliable informants–let's call her her Wanda Tellyousomething–who whispered in Your Mama's ear that Vera Wang and her home builder turned tech entrepreneur husband Arthur Becker were just about to close on a glam and glassy pied a terre in the trendy Trousdale Estates area of Beverly Hills. We jumped on our bedazzled and bedraggled princess phone and made a few calls to other sources but, alas, didn't turn up a confirmation on the matter. However, we should have known that Wanda Tellyousomething's lacquered acrylic nail was spot-on correct because ol' Wanda always has juicy and accurate 411 on high-end real estate deals in the Platinum Triangle.



Being asleep at the celebrity real estate wheel meant the scoop landed in the laps of the much more respectable gals at The Wall Street Journal to whom many of the gabby high-end brokers in Tinseltown with bulging rolodexes full of high profile clients prefer to tattle their celebrity real estate tales. Your Mama imagine we are, quite frankly, too contrary, uncouth and low rent for most of those folks.



Anyhoodles poodles, we really have no idea why Miz Wang and Mister Becker wanted a fancy modern house in Los Angeles but a fancy modern house they did want and a fancy modern house they did buy. Redfin and others now reveal that the luxe-living couple just coughed up a considerable $9,200,000 for a boxy and low-slung sprawler that recently underwent a full-scale renovation by well-known L.A.-based high-end house flipper Steve Hermann.



All the Los Angeles area real estate freakos and fans know that Mister Hermann has done up and did over many handfuls of showy and shiny multi-million dollar homes in Los Angeles and Montecito. Mister Hermann once sold a house high above the Sunset Strip to pop star Christina Aguilera, who still owns it despite significant efforts to sell it, and twenty-something year old Oracle heiress/movie producer Megan Ellison (True Grit, Waking Madison) owns not one but two adjacent homes on which Mister Hermann performed his home renovation hocus-pocus prior to her purchasing. Young Miss Ellison, as many of y'all already know, also owns a third contiguous and contemporary crib but it was not a product Mister Hermann's design mind.



Property records show Mister Hermann picked up the Trousdale Estates fixer upper in June 2008 for $5,000,00. He spent the next couple years and, as per listing information, another $3,000,000 on a high-style renovation that transformed the H-shaped house into a slinky signature style that reflects his personal vision of modern southern California living. Your Mama has been in a number of Steve Hermann-designed homes and although we find them a bit slick and oddly impersonal for our personal taste they are, to be sure, spectacular and gleaming machines designed for a high-gloss life that appeals primarily to the sorts of people who can afford them.



Two Junes after purchasing the property, the house briefly appeared but was quickly de-listed and then re-listed in March 2011 with an asking price of $10,900,000. It wasn't long before Miz Wang and Mister Becker swooped in from New York and put the property in escrow, but not before they negotiated for a hefty 16% discount off the asking price.



It should be noted that the seller, Mister Hermann, a licensed real estate agent affiliated with the upscale Westside Estate Agency, represented himself in the transaction; Miz Wang and Mister Becker were represented by powerhouse property purveyor Stephen Shapiro, one of the owners of the hugely successful boutique brokerage where Mister Hermann currently hangs his real estate shingle.



Listing information does not indicate an exact square footage but the Los Angeles County Tax Man shows that before Mister Hermann got his hands on the house it measured 4,394 square feet. Unless he expanded the residence–and perhaps he did, we don't know–the Wang-Becker's Bev Hills house encompasses about 4,400 slinky and louche square feet that strongly projects a quintessentially Los Angeles kind of real estate sexy.



A plaza-like motor court with front-facing two car garage stretches out in front of the single story residence, a series of nearly transparent pavilions that include a total of 4 bedrooms and 4 bathrooms. A muscular spine-like colonnade of thick posts and beams protects a gurgling water feature and wall of floor-to-ceiling glass that runs across the front of the house and allows someone standing at the frameless all-glass front door to see clear through the house, past the swimming pool to the explosive city views.



The front door opens directly into the open-plan main living space with gleaming white terrazzo floors, 12 foot ceiling with ring of clerestory windows, and walls of glass with wide sections that slide open to obliterate the distinction between indoors and out. A simple fire box set into an entire wall of horizontally striated stone slabs provides a necessary anchor in a vast space that visually floats above the city. We could do without the flat-screen mounted above the firebox. Does there have to be a tee-vee in every room? Doesn't anyone else besides Your Mama sometimes like to be in a room where there isn't a boob-toob blaring?



Other expensively and meticulously finished entertainment areas include a super-sleek kitchen with highest end Euro-style cabinets and appliances, a huge family room with two vast walls of floor-to-ceiling glass, and a home theater with tiered seating for thirty movie-viewers and reality tee-vee watchers.



In the backyard an infinity edged spa is elevated to soak in the view while the rectangular swimming pool is sunk perfectly and dramatically flush with the surrounding stone slab terracing. Various dining, lounging and sunbathing terraces are tucked into the deep eaves and pinwheeled around the swimming pool. A narrow strip of grass softens the transition from the terrace to the steep hillside at the rear of the property and is just large enough to satisfy the pooches and other outdoor peeing pets



It seems strange to Your Mama that Miz Wang, whose eponymous fashion and lifestyle brands typically impart a modernish spin on traditional minded designs, would opt for something this aggressively contemporary with such extreme exhibitionist tendencies. But, brava biotch! We may find the wedding industry repellent but we applaud Miz Wang's nervy and uncharacteristically flashy choice in a west coast pied a terre.



When Miz Wang's pharmaceutical industry tycoon daddy Cheng Ching Wang died in the fall of of 2006, she and her brother inherited a substantial amount of luxury residential real estate including an estate in Southampton, NY, a big spread about an hour north of New York City in bucolic Pound Ridge (NY), an ocean fronting estate in über-posh Palm Beach and an elephantine duplex in New York City at the breathlessly high-brow and fearsomely expensive 740 Park Avenue.



Within months of Big Daddy Wang meeting his maker the Wang heirs placed their father's Southampton spread on the market. The 8 bedroom and 9.5 bathroom post-modern-ish mansion sold about a year later $11,500,000.



In October 2007, Miz Wang famously decided to buy out her brother's stake in their parent's gigantic duplex apartment at 740 Park Ave. Property records and previous reports reveal she coughed up an astonishing $23,100,000 for her brother's half of the colossal co-op.



At the same time Brother and Sister Wang sold their father's house in the Hamptons in November 2007 they hoisted his Addison Mizner-designed Palm Beach, FL mansion Villa Traquila on the market with an asking price of $23,000,000. The price later dipped to $19,000,000 and it was finally sold in May 2008 for an unknown amount of money.



November 2007 was a busy real estate month for the Wang siblings who also pushed their father's 33-acre Pound Ridge, NY estate with its 5 bedroom and 6 bathroom contemporary house on the rental market at $25,000. Iffin we're being honest–and we always are–we'd confess we have no idea what's happened to this property since then.



Prior to moving into her parent's former pad at 740 Park Avenue, Miz Wang and family occupied an approximately 6,000 square foot full floor spread in a dynamite pre-war building just a few doors down from Mommy and Daddy Wang. She heaved the mansion-sized third floor apartment (shown above) on the open market in July 2007 for $35,000,000 and sold it for $33,600,000 in early January 2008 to one of the lucky daughters of multi-billionaire industrialist Ira Rennert. Mister Rennert's other daughter, iffin anyone might be interested, paid $32,000,000 for an approximately 7,500 square foot duplex at 740 Park Avenue just a few weeks after her sister closed on Miz Wang's pad at 778 Park Avenue.



listing photos (Los Angeles): Westside Estate Agency and www.stevehermann.com