• The townhouse once occupied by Luke and Julie Janklow has finally found a buyer. The divorcing couple put the home located at 16 West 12th Street on the market nearly a year ago for $24.975 million. Now real estate developer Ara Hovnanian and his wife Rachel, who sold their sprawling co-op at 820 Fifth Avenue late last year, have reportedly closed on a deal to purchase the 25-foot-wide home. The manse had been listed most recently for $17.95 million. [NYP, BHS, previously]
• Bankrupt gallery owner Larry Salander has cut $1 million off the price of his townhouse at 63 East 82nd Street. The 9,200-square-foot manse, which the alleged art swindler bought for $4.75 million in 2004, was originally listed for $25 million before it was was dropped down to $15.995 last April. It's now listed for the bargain basement price of $14.995 million. [Cityfile, LJG]
• Two neighboring units at the Time Warner Center have come on the market for a combined $57.5 million. Psychic company founder Steven Feder has put his four-bedroom, 75th-floor apartment on the market for $34.95 million (or $10.47 million more than what he paid for it in 2008). Meanwhile, his downstairs neighbor, venture capitalist Doug Von Allmen, his duplex pad on the market for $18.45 million. The apartments can be purchased separately. Or you can combine 'em for a $4.1 million premium. [NYP]

• Former Morgan Stanley vice chairman Bruce Fiedorek has "quietly" put his fifth-floor co-op at 998 Fifth Avenue on the market for around $45 million. The 7,000-square-foot apartment, which was renovated by Stephen Sills and James Huniford and is one floor up from Len Blavatnik, is being listed by Kathy Sloane. [NYO]
• The sixth-floor co-op at 960 Park Avenue that belonged to the late Baroness Jacqueline de Gunzburg has gone into contract. It had been on the market most recently for $10.95 million. [Cityfile, Stribling]

Trouble just keeps piling up for scandal-plagued art dealer Larry Salander. In 2007, his Salander-O'Reilly gallery on the Upper East Side was shuttered amid charges he'd bilked clients out of millions. This past June, after filing for bankruptcy protection, most of his assets were sold off. And now? He's behind bars. Salander was taken into custody at his Millbrook home this morning and has been charged with 100 counts of grand larceny, forgery, falsifying business records, perjury, and other assorted crimes. On the bright side, at least Bernie Madoff will have a really knowledgeable person to consult when he decides to decorate his jail cell.

Erstwhile art dealer Larry Salander, whose gallery imploded last winter as a result of his extremely shady business practices, continues his plummet into disgrace: now people are underpaying for the carpets his creditors seized from him! As part of the liquidation of his estate, 300 of his antique carpets went up for auction at Tepper Galleries on East 25th Street on Friday. It was a bargain-hunter's dream: A social worker from Williamsburg walked away with a lovely 7-by-8 number with brown and ivory rosettes, and most lots sold for well below the bottom limit of their presale estimate. Looking to peck at the carcass of Salander's fortune yourself? His furniture and garden statuary is being auctioned off at Stair Galleries in Hudson, New York on June 7th.