Sales, price cuts, and purchases

October 14, 2008 04:24PM

Author James Frey, who
made a national splash a few years ago when he admitted that his memoir
“A Million Little Pieces” was partly fabricated,
slashed $500,000 off the price of his
condo at 505 Greenwich Street. The apartment is now listed at $4.5
million. Meanwhile, the founder of finance software company FNX
Farid Naib, paid $2.29 million for a seventh-floor loft at 288 West
Street. Nascar Chairman Briance France sold his “staff studio” at 15
Central Park West for $1.2 million after selling his
primary condo there for $18.7 million last month. And, real estate
investors Cortney and
Robert Novogratz cut the price of their townhouse at 5 Centre Market
Place to $13.85 million
after listing it for $18 million in April.

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