Clive Davis Buys; Ex-Viacom CFO Sells

Clive Davis is spreading out at the Ritz Tower. The legendary music exec, who already lives in a duplex on the 36th and 37th floors, paid $1.125 million for a two-bedroom apartment in the Park Avenue building. [Cityfile]
• Richard Bressler, Viacom's former CFO and a now a partner at Thomas H. Lee Partners, has unloaded his duplex at 850 Park. The five-bedroom co-op, which Bressler purchased for $9.75 million in 2005 and put on the market for $13.5 million in March, sold for $11.4 million. [Cityfile]
• Two months after Bruce Ratner sold his Montauk estate for $10 million, the real estate developer has picked up a more modest weekend retreat in Long Beach. Ratner paid $2 million for the three-bedroom oceanfront home. [NYO]

Vice magazine founder Suroosh Alvi has paid $2.125 million for a 2,319-square-foot apartment at 259 East 7th Street. Meanwhile, artist John Currin paid $1.75 million for a penthouse co-op at 24 East 20th Street. [NYO]
• Gramercy Capital Management president Joan Lappin has sold her 2,200-square-foot condo at The Colonnade on West 57th Street. The 40th-floor pad, which first went on the market in April for $2.68 million, was sold to an entity called Nellis Island, LLC for $2.5 million. [Cityfile]