Marisa Noel Brown, daughter of Madoff-ruined Fairfield Greenwich Group founder Walter Noel, and her husband have found a buyer for their 12 East 78th Street townhouse. The 7,800-square-foot property hit the market in May for $12 million and went into contract last week for $9.75 million, the New York Observer reported. The buyer has not been revealed. The couple paid $13.5 million for the home in January 2008. [more]

12 East 78th Street (left) and 518 West 134th Street

The most expensive homes to hit the market this week are a condo unit
and a townhouse both listed for $12 million, according to
Streeteasy.com. The five-story townhouse at 12 East 78th Street, which
belongs to Marisa Noel Brown and Matthew Brown, who lost money in
Bernard Madoff’s Ponzi scheme, is listed with Stribling &
Associates and Sotheby’s International Realty. The $12 million condo is
a three-bedroom, two-bath penthouse at 285 Lafayette Street, listed with
Brown Harris Stevens. The least expensive home listed this week is a two-bedroom, one-bath co-op at 518 West 134th
Street. The home is on the market for $237,500 with Realty Networking
services. TRD
[more]

Marisa Noel Brown, daughter of Madoff-ruined Fairfield Greenwich Group founder Walter Noel, and
her husband have put their townhouse at 12 East 78th Street on the
market. The 7,800-square-foot home is listed with Stribling &
Associates’ Patricia Farman-Farmaian for $12 million. Last month, the
Observer reported that the couple’s broker was calling other agents
saying the home was for sale for $11.5 million, but suggested that
interested parties could bid even lower. The couple bought the home in
January 2008 for $13.5 million.