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RE News from the web

• Leona Helmsley Estate Sells Manhattan Hotel

  The Helmsley Carlton House on Manhattan's Upper East Side is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and New York developer Extell Development for about $170 million.

• Marriott Expands in Europe

  Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.

• General Growth Debt Bet Pays Off

  A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.

• Aerosmith's Kramer Sells Home

  Aerosmith drummer Joey Kramer sells his house for $2.7 million; a Los Cabos, Mexico, property linked to Edra Blixseth goes on the market and Larry Hagman cuts the price of his Ojai, Calif., estate.

• Paging Rapunzel

  A look at homes in Pennsylvania, New York and Massachusetts that come with a turret or two.

• Software Billionaire Lists Ranch

  Also in this Private Properties column: GoDaddy.com founder buys a Hawaiian home built by Cher, and a philanthropist cuts her $100 million listing by 52%.

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