In Today’s Observer

The Fulton Mall.

Matthew Schuerman reads the coded conversations about what the Fulton Mall needs.

Michael Calderone profiles the 15 Upper East Side townhouses presently marketing for $20 million or more.

In Manhattan Transfers: Russell Simmons’ beleaguered duplex in Tribeca–which has been on the market at different prices since before Sept. 11 when P. Diddy opted out–is offered for $7.2 million after another price drop. Also, Elia Kazan’s widow sells their Carnegie Hill townhouse. In Today’s Observer