With the upper end of the residential real estate market going strong, The Real Deal checked out a home that once belonged to murdered broker-to-the-stars Linda Stein, on the market for $15.5 million. Co-listing agent Jeff Adler of Prudential Douglas Elliman (same company Stein worked for) gave The Real Deal a tour of the unit, 8C, located at the Kenilworth, at 151 Central Park West between 75th and 76th streets. The pad was first listed in October of last year at $17.5 million. After their marriage in 1971, Stein and music producer Seymour moved into the Kenilworth, before selling it to the current owner in 1994.
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By Lauren Elkies and Amy Tennery

Linda Stein and images from inside her former apartment at 151 Central Park West

A home that once belonged to murdered broker-to-the-stars Linda Stein has seen an 11 percent price cut to $15.5 million, according to Streeteasy.com. Howard Margolis and Jeff Adler of Prudential Douglas Elliman, where Stein had worked, are marketing the unit, 8C, located at 151 Central Park West between 75th and 76th streets. They first listed the pad in October last year at $17.5 million. After their marriage in 1971, Stein and music producer Seymour moved into the Kenilworth, before selling it to the current owner in 1994. The building is known for its celebrity residents, including Catherine Zeta-Jones and Michael Douglas. Despite Stein’s headline-grabbing death, Adler said he doubts her connection to the apartment will influence buyers. [more]

Linda Stein and the apartment at 151 Central Park West

The former home of murdered broker-to-the-stars [more]

Musician Sting’s apartment at 88 Central Park West has sold for $17.75 million, a 29 percent decrease from its original 2006 listing price of $24.9 million with the late Linda Stein,
the Observer reported. The four-bedroom, 6,000-square-foot apartment –
recorded in city records under Sting’s real name, Gordon Sumner — was
sold to Michael Naify. Sting originally bought the property from
crooner Billy Joel in the 1980s. Before the apartment went into
contract a few months ago, Halstead Property’s Mark Friedman had it
listed for $19 million. [NYO]

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Solomon Obstfeld and the Essex House

In the wake of the recent suicide of investor Solomon Obstfeld at the Jumeirah Essex House, real estate insiders are beginning to wonder how the tra [more]

Solomon Obstfeld and the Essex House

In the wake of the recent suicide of investor Solomon Obstfeld at the Jumeirah Essex House, real estate insiders are beginning to wonder how the tra [more]

After her March 22 sentencing was postponed, Natavia Lowery, the convicted killer of New York City broker to the stars Linda Stein, is slated to be sentenced today. After her February conviction, Lowery’s original sentencing date was postponed due to her stepfather’s courtroom outburst over the judge’s refusal to permit a change of counsel. Lowery had confessed to the 2007 killing, but later recanted her statement, claiming she was coerced. [more]

Sting has sold his home at 88 Central Park West after four years of trying to unload the pad, according to the New York Observer. The four-bedroom, 6,600-square-foot home has been marketed by Halstead Property’s Mark Friedman and Robert Cabrera for $19 million. No word yet on the closing price. [more]

Convicted Linda Stein murderer Natavia Lowery saw her sentencing hearing postponed today, after her stepfather was reportedly dragged from the court while protesting the judge’s denial of a change of counsel for Lowery. The former assistant to the late super broker Stein has tried to change council numerous times throughout her trial, to no avail. When the possibility was once again brought before the judge today, Justice Richard Carruthers denied the request — and blasted Lowery’s proposed replacement, attorney Paul Brenner, for derisive comments he made about the current defense team. The resulting melee led to a misdemeanor contempt of court charge for Lowery’s stepfather and a sentencing delay for Lowery till April 26. Lowery was convicted in February on charges that she killed her boss, a former Prudential Douglas Elliman agent, in her Upper East Side apartment.

On the heels of Natavia Lowery’s conviction in the Linda Stein murder case, many in the industry are still asking how it could have happened. The two women’s interaction was a clash of wills, according to the New York Daily News, which painted the working relationship between Stein, the Prudential Douglas Elliman super-broker, and Lowery, her assistant, as a ticking time bomb. While Stein, who was reportedly prone to confrontations with her adversaries, had climbed a hardscrabble road to the top, Lowery had been equally strong-willed. “The Oct. 30, 2007, clash of two strong women who usually got what they wanted — in vastly different ways — seemed inevitable,” the New York Daily News said.