Matt Lauer, host of the "Today" show

“Today” show host Matt Lauer’s plans for a horse farm next door to his Water Mill, N.Y. estate will include a number of speculative homes priced in the $4 million to $5 million range, Dan’s Hamptons reported. The property will house seven homes, each with their own swimming pool. Lauer and his wife, model Annette Roque, reportedly spent less than the $10.5 million asking price for the plot adjacent to their home. [more]

The 76th-floor Time Warner Center penthouse that Jay-Z once rented for $40,000 per month is back on the market for $38 million with Prudential Douglas Elliman’s Raphel and Claudine De Niro. That’s $11 million more than what it sold for in 2007, when Todd Wagner, the dot-com era business partner of Dallas Mavericks owner Mark Cuban, purchased the four-bedroom, five-and-a-half-bathroom apartment for $27 million, or $5,596 per square foot, from telecom entrepreneur and real estate investor Michael Hirtenstein. Hirtenstein had bought it for $15.7 million but later had second thoughts about moving his 10-year-old daughter into the place. He rented the penthouse to Jay-Z instead before selling it to Wagner in what was, at the time, the highest price-per-square-foot ever paid for a Manhattan condo. [Curbed]