$5.5 Price Cut on UES, Lord Foster Buys on Fifth

• The 25-foot-wide townhouse at 11 East 82nd Street, which was purchased up by billionaire Ron Perelman as a home for one of his executives back in 1996 and was later bought by private investor Keith Gollust, has been reduced for a second time since hitting the market in February 2008 for $40 million. Most recently priced at $35 million, the limestone manse can now be yours for a mere $29.5 million. [Cityfile, Sotheby's]
• British architect Lord Norman Foster and his wife, Elena, paid $7.2 million for a 2,725-square-foot co-op at 912 Fifth Avenue. [NYO]

• Regina Gilgan, the executive producer of Jim Cramer's Mad Money, paid $1.175 million for a two-bedroom condo at 400 East 70th Street. [Blockshopper]
• A 7,206-square-foot East Hampton mansion designed by Peter Cook has gone on the market for $19.95 million. [Newsday, Corcoran]