Tyco Slashes Co-op

On Feb. 20, the duplex co-op at 950 Fifth Avenue owned by former Tyco International chief executive L. Dennis Kozlowski had $3 million slashed off its stratospheric $28 million asking price, as the lavish residence failed to interest potential buyers since it hit the market in November, brokers close to the apartment said.

Mr. Kozlowski Read More

The Butcher Leaves Soho

By the time Martin Scorsese’s Gangs of New York finally hits the theaters Christmas Day, it will be leading man Daniel Day-Lewis’ first screen appearance in five years. He’s used that time to add to his own gang: In late May, Mr. Lewis’ wife Rebecca-daughter of Arthur Miller-gave birth to their second son. Now that Read More

Gwyneth’s $1.6 Million Pre-Oscar Town House

Oscar-toting actress Gwyneth Paltrow, whose now-standard acceptance speeches are laden with weepy gratitude to her extended family, has never come across as particularly homesick. But, in fact, the Miramax princess officially set down roots of her own last August, when she quietly purchased a landmark, three-story town house in the West Village for $1.6 million. Read More