Price Cut at Carhart Mansion; Hedgie Buys at 885 Fifth

• Corrugated cardboard magnate Dennis Mehiel has chopped $5.4 million off the price of his Carhart Mansion duplex (left). The 10,350-square-foot spread, which had been listed for $34.9 million, can now be yours for a much more modest $29.5 million. [NYO, BHS]
• Michael Steinberg, a portfolio manager at Sigma Capital, a hedge fund affiliated with Steve Cohen's SAC Capital, has picked up a new apartment. Steinberg and his wife Elizabeth paid $8 million for a penthouse at 885 Park Avenue. [Cityfile]
• Clara Markowicz, co-founder of Original Media LLC and a co-producer of The Rachel Zoe Project, has paid $3.55 million for a three-bedroom, ninth-floor apartment at 21 Astor Place, the building where real estate scion Jared Kushner recently picked up an apartment, too. [Cityfile]

• Fashion photographer Alexi Lubomirski has paid $2.095 million for a two-bedroom condo at Robert Scarano-designed 52 East 4th Street. [Cityfile]
• The listing for Bernie and Ruth Madoff's East 64th Street penthouse has finally gone online, pictures and all. The nine-room duplex is listed with Sotheby's brokers Anne Corey and Serena Boardman for $9.9 million. [NYO, Sotheby's]