• Actress Dana Delany has picked herself up an apartment in the Village. The California-based Desperate Housewives star has paid $1.8 million for a penthouse at 30 Fifth Avenue. The two-bedroom apartment, which went on the market for $2.35 million back in April, features two terraces and a separate solarium that serves as a home office or studio. You can check out the listing here. [Cityfile]
• Seven months after he put his 44th-floor apartment at the Trump International on the market for $18.45 million, pharmaceutical exec Richard Ullman has finally found a buyer. He's reportedly selling the four-bedroom condo for "around $17 million" to an undisclosed buyer. [NYP]
• Starwood Hotels founder Barry Sternlicht has raised the price of his Greenwich mansion. The 5.8-acre estate, which Sternlicht listed for $8.25 million in June 2008, is now priced at $5.95 million. [Bloomberg via Real Deal]
• A secretive Asian hedge fund exec is reportedly the mystery buyer who has gone into contract to buy investor Ephraim Gildor's 7,758-square-foot apartment at the Park Laurel on West 63rd Street. [NYP, previously]

When the Yellowstone Club filed for bankruptcy earlier this week, company execs were quick to reassure the clubs roster of billionaire moguls that the resort would remain open for the ski season. Now it looks like Bill Gates, Barry Sternlicht, Peter Chernin, Dan Quayle and the club's other members are going to need to find someplace else to spend Christmas vacation. Court filings indicate that the club doesn't have enough money to make monthly payroll, or even pay this month's food and electricity bills. What will happen? One suggestion: "Gates can just buy it and save the hassle of worrying about where to ski this winter." [WSJ]

It looks like hotel mogul Barry Sternlicht, Microsoft co-founder Bill Gates, and Hollywood boss Peter Chernin may need to make some adjustments to their 2009 vacation itineraries: The Yellowstone Club, the invitation-only private ski and golf resort in Montana for the exceedingly wealthy, filed for Chapter 11 bankruptcy protection yesterday. Club officials say the resort will remain open for the ski season, but its long-term prospects are unclear. The good news is that the club's 340 members will no longer have to fork over $16,000 a year in membership dues. The not-so-good news: Their $250,000 initiation fees just went down the drain. [AP]

The former chairman and CEO of Starwood Hotels and Resorts, Sternlicht now runs the real estate investment and private equity firm Starwood Capital Group.