The Kleier klan dropped in on “Live with Regis and Kelly” this morning to teach departing host Regis Philbin the tricks of the real estate trade. Where to start? Your typical New York City apartment, of course: Michele Kleier’s $27.5 million listing on the 16th floor of the former Stanhope hotel. Watch the clip above as the matriarch of the self-described “First Family of Real Estate” shows him the ropes of New York City showings. Among her tips: don’t say “entryway,” say “gallery;” “den” is a dirty word — it’s a library here; and we never, ever say “his and hers” anymore (this is New York, after all). Regis flubbed the “his and hers” bit on his first-ever showing, but Kleier said she thinks he’s “trainable” — good news in case he ever needs any cash post-retirement.

Wanting to see what’s available on the high-end real estate market, The Real Deal took a look at a 5,861-square-foot penthouse unit at the Millenium Tower near Lincoln Center (Park Millennium is the name for the condominium units up to the 44th floor and Millennium Tower is the name for the units on the 45th floor to the penthouse). PH3B hit the market last September at $34.5 million and saw a 14 percent price cut in December to $29.5 million. Howard Margolis, an executive vice president at Prudential Douglas Elliman, and the co-listing broker for the unit, gave The Real Deal a tour of the spread, listed with five bedrooms and eight bathrooms, although configured as a one-bedroom, at 101 West 67th Street, home to celebrities including Howard Stern, Regis Philbin and Alan Alda (see video above). [more]