According to the Post, Mr. Wynn has put in a winning $70 million bid for Millenium Partners' founding partner Christopher M. Jeffries' $77.5 million pad.

Mr. Wynn was rumored to be looking at the 50 Central Park South penthouse some time ago, but representatives for Mr. Wynn would not confirm reports that the Las Vegas honcho was considering the 10,882-square-foot spread in the building. The unit is listed with Brown Harris Stevens broker Kyle Blackmon, who grabbed the listing after his stellar $88 million performance at another dizzyingly, high-end condo: 15 Central Park West.

And Mr. Wynn has been touring a lot of listings these days, making no secret of his search for apartment love, and reportedly becoming very very interested in Teddy Forstmann's co-op at 2 East 70th Street. But then, the co-op board of 2 East 70th is said to be highly selective, unlike a full-service condo/hotel where anyone with the cash can snap up a unit. Much like the democratic spirit of a casino?

The unit is certainly fit for a king, casino or otherwise. It spans the 30th and 31st floors and includes a living room fashioned from what was once a grand ballroom (it's 900 square feet). Twenty-six windows gaze out at Central Park, the master bedroom has American Walnut doors and there's an 800-square-foot closet (can a closet still be called a closet when it's 800-square-feet?). Naturally, there are terraces and 15-foot ceilings and a museum-quality display room.

With this contract coming on the heels of yesterday's 740 Park sale to Oaktree Capital's Howard Marks, we're left wondering what's left on the market for real estate trophy seekers. Gary Barnett must be licking his chops.

kvelsey@observer.com

Christopher Jeffries, a founding partner at Millenium Partners, just listed his duplex condo at the Ritz-Carlton for $77.5 million, according to The Times, making it the most expensive apartment on the market—there is still a certain $90 million townhouse kicking around out there. Mr. Jeffries helped redevelop the old St. Moritz Hotel into the Ritz, and he took two floors for his own, including one that was the grand ballroom.

The jaw-dropping price for the home on the 30th and 31st floors is actually quite a deal. According to the Brown Harris Stevens listing, the home measures 10,882 square feet, which adds up to only $7,122 per square foot. That is $3,000 per less than either Mr. Weill asked or Mr. Barnett wants. Still, that size, along with the park and city views, leads the broker, Kyle Blackmon, to tell The Times that this is "an irreplaceable trophy asset."

Sounds familiar? Why he is the broker who earned a record-setting commission for selling Mr. Weill's place, of course.

More jaw-dropping? Mr. Jeffries only paid $20 million for the place in 2002, according to The Times. So while Mr. Weill managed to do well for himself, he merely doubled his money. Mr. Jeffries is hoping to quadruple his.

High-profile properties on the park are not always a sure thing, though. Who could forget the penthouses at the Plaza or 1 Central Park West, after all?

mchaban [at] observer.com | @MC_NYC

15 Central Park West (Photo from PropertyShark)

Well, no one can say he's not good at his job!

When real estate investor Charles Berman and his wife Melanie purchased their apartment at 15 Central Park West, the economy was in free fall. It was October 2008, a month after Lehman Brothers had collapsed, but that did not stop them from shelling out $6.8 million for a three-bedroom, 3.5-bath condo on the third floor.

That may seem like a lot, especially for such a low floor, but this is the best building ever, meaning the sky is the limit. The couple from New Canaan put the place back on the market this spring, with an appropriate price tag of $20.5 million. Perhaps the economic jitters of the past year forced them to readjust, with a prompt chop to $16.75 million. Even with turmoil in Washington and Athens—or perhaps because of it—New York real estate cannot be beat, and this building especially. City records show that the Bermans did even better than anticipated with a sale coming through for $17 million flat.

Although the buyer purchased anonymously through an LLC, the deed lists a Ft. Wayne, Ind., address that belongs to Barbara Bradley Baekgaard, a co-founder of the popular Vera Bradley bag company. The creator of those paisley, quilted prints can now join all the West Side ladies toting around her totes.

If she would rather avoid the unwashed masses of the West Side, Mr. Baekgaard can lounge in the 2,909-square-foot confines of her comfortable new home. According to a listing from Brown Harris Steven's broker Kyle Blackmon, the home includes a large foyer, a dining room with views of the Park, a separate master suite and a master bath featuring heated floors. Sure, the home "is one of the most coveted condominiums in all of New York City," Mr. Blackmon declares.

eknutsen@obsever.com

According to city records, Nobska Point LLC has just offloaded the glassy home. The entity is managed by John Fowler, a partner at Holliday Fenoglio Fowler, a mortgage banking firm with a dozen offices across the country. A week before he bought the Time Warner spread two summers ago, Mr. Fowler sold a 32nd-floor unit at 15 Central Park West for $7.66 million . The Observer could not reach that Mr. Fowler, who it could be said was trading up vertically if not architecturally, given that unlike the Time Warner Center, prices just keep rising in Robert A.M. Stern's marvel across Broadway.

The winner in this deal? Toms River doctor Kock-yen Tsang, who sold the Time Warner unit to Mr. Fowler for $7.1 million after buying it for $3.82 million in 2004.

The forlorn condo was snapped up by, yes, another mysterious LLC, the cleverly named Rancho Oriental (the north tower is known as The Residences at the Mandarin Oriental). City records trace  the entity in part to a bank in Orlando, so we've got an out-of-towner swap on our hands. Brown Harris Stevens listing agent Kyle Blackmon declined to comment.

His listing coos about panoramic views of the Park and the Hudson, as well as all those top-flight, perfect-for-a-pied-à-terre amenties: "Everything you need to simplify your life is right here, including the full-service concierge to assist you with your every wish, and in-house 24-hour room and maid service, not to mention the hotel's world famous spa, pool, and fitness center."

Those still looking for a comparable layover lair may find one just down the hall, where a slightly larger (by 30 square feet) two-bedroom is asking only $6.5 million--one assumes because of it's lack of Park views. The Observer actually featured the home back in December. It is owned by--you guessed it--an LLC based in Miami, which unlike Mr. Fowler still stands to make a profit should a sale at the current price (it was once asking $6.9 million) go through. The two-bedroom was purchased in Feb. 2008 for $5.95 million.

Clearly the Time Warner Center is living la vida loca these days.

Read past Manhattan Transfers here. >>

mchaban [at] observer.com | @mc_nyo