Socialite Jocelyn Wildenstein

Eleven years after the Dada-faced Jocelyn Wildenstein, who looks like a William Steig drawing of that great plastic surgery scene in Brazil, found her husband, Alec, in bed with a 19-year-old blonde at their 29-foot-wide mansion—Mr. Wildenstein, in a towel, responded by pulling a 9mm pistol on his wife—the famous townhouse has been sold.

The deal, first reported on The Observer’s Web site on Monday, closed earlier this month for $42.5 million.

In 1999, Ms. Wildenstein left the mansion at 11 East 64th Street, which was owned by her father-in-law, Daniel, and which she and her husband had shared with Alec’s younger brother Guy.  read more »

Although there's still scaffolding in place (and a gigantic billboard, too), some big name buyers have already arrived at The Plaza. Socialite Jocelyn Wildenstein is picking up a 3,000-square-foot apartment that went for just under $10 million, according to the New York Post. Fleeing East 82nd Street, Ms. Wildenstein will be joined by developer Harry Macklowe, New England Patriots owner (and sometime Putin pal) Robert Kraft, and Bear Stearns chief James Cayne.

Also, a contract has been signed on a $40 million pad at 15 Central Park West--just a few million shy of Daniel Loeb's record breaking purchase in the building. And Britney Spears reduced the price of her Silk Building condo to $4.5 million (but haven't we heard that before).

- Michael Calderone

The Munipal Art Society and Curbed have been collecting photos of massive advertising on buildings, like The Plaza above.  read more »