edward-t-stein

Richard Gere Seals the Deal at Palazzo Chupi

cityfile · 12/21/09 09:14AM

• Two weeks after it was reported that Richard Gere had found a buyer for his condo at Julian Schnabel's Palazzo Chupi, city property records indicate he's closed on the deal. Gere sold the 3,500-square-foot pad for $11 million, which is $1 million less than what he paid for it and $6.995 million less than what he was seeking when he first put the apartment on the market last year. As for who will be moving into Gere's former pad, he/she remains a mystery for the moment: The buyer is listed on the deed as Mercator 360 LLC. [Curbed]
• Brian Brille, Bank of America's former head of investment banking and its newly appointed Asia-Pacific chief, has closed on the sale of his 5,473-square-foot apartment at Trump Park Avenue for $14 million. Brille went into contract to sell the third-floor condo in October. [Real Deal, previously]
• Martin Begun, the husband of real estate marketing guru Louise Sunshine, has gone into contract to sell his 36th-floor apartment at One Beacon Court. The two-bedroom condo, which Sunshine's real estate broker son, Sam, listed for $6.75 million last month, is being picked up by a former JPMorgan investment banker who already owns an apartment in the building. [NYT]