From the February issue: January proved to be a drippy month for New York City luxury real estate. First, the undisclosed owner of a $46.25 million apartment at 432 Park filed suit against the pricey project’s developers, CIM Group and Macklowe Properties, to get their $11.56 million deposit back, claiming that a massive water leak destroyed the unit. Then, over at 785 Fifth Avenue, the insurance provider for billionaire entertainment mogul David Geffen filed suit against two construction companies over alleged $1 million in damages to the Dreamworks founder’s penthouse during a renovation.
“Mr. Robot” star Christian Slater is looking to bag himself a new home. Jamie McCourt, the former co-owner of the L.A. Dodgers, has nabbed a $9.85 million apartment at 432 Park Avenue. Andrew Borrok, the eccentric Hamptons real estate investor who used his fortune to finance his successful campaign to become a Brooklyn judge, has snagged himself a penthouse at Larry Silverstein’s 30 Park Place in the Financial District. [more]