Price Cut for Masters, Billionaire's Ex Buys on Park

• Blythe Masters, JP Morgan Chase's head of global commodities, has lowered the price of her 6,800-square-foot townhouse at 150 Reade Street, which she listed for $14 million just last month. It's now on the market for $11.9 million. [Cityfile, Warburg]
• Linda Formo Brandes, the ex-wife of billionaire investor Charles Brandes, has paid $10 million for a 42nd and 43rd-floor duplex at 515 Park Avenue. [Cityfile]
• Interior designer Thomas Britt has put his 5,000-square-foot, 8-bedroom home in Water Mill on the market for $13.2 million. [Real Estalker]
• Where can you safely buy given the current market turmoil? Try Jamaica, Queens, says Massey Knakal Realty's Robert Knakal. [AFB]