greg-konner

The Trumps Expand, Mortgage Exec Takes a Loss

cityfile · 08/17/09 07:24AM

• It looks like Don Trump Jr. and his wife Vanessa are spreading out a bit. A week after the couple paid $1.125 million for an 1,800-square-foot apartment on the 12th floor of The Sovereign on East 58th Street, they've now paid another $1.595 million for the apartment next door. [Cityfile]
• Douglas Lebda, the founder of LendingTree, has gone into contract to sell his penthouse at the Legacy on East 84th Street. After more than nine months on the market, Lebda is taking a loss on the sale of the 5,175-square-foot apartment. Purchased for $8.6 million in 2007, the mortgage exec is reportedly selling it for "close to" its listing price of $7.5 million. [NYT, BHS]