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Nic Cage Sells; Former Billionaire Cuts

cityfile · 11/19/09 09:19AM

• Another one of the 15 homes around the world that Nic Cage picked up in recent years has been turned over to a new owner. Cage has closed on the sale of his 48th-floor condo at the Olympic Tower, albeit for quite a bit less than he'd been hoping to get. The 3,550-square-foot apartment, which had been listed for $9.75 million when it went into contract last month, reportedly ended up selling for $7.5 million. [NYP]
• Fortress Investment Group co-founder—and former billionaire—Randal Nardone has dropped the price of his condo at 240 Riverside Boulevard for the second time since he put it on the market for $11.75 million in February. Nardone, who plunked down $22 million for a pad at 101 Warren Street last year, is now asking for $9.2 million for the place. [Cityfile, Corcoran]