Real Estate Developer Seals the Deal at 515 Park

• Last month we reported that Westchester real estate developer Louis Cappelli had gone into contract to sell his 13-room duplex at 515 Park Avenue. The Post reports today that the deal has closed. The 6,500-square-foot, six-bedroom spread, which Cappelli and wife Kylie Travis bought for $15 million in 2002 and listed last year for $29.5 million, was sold to Swedish lingerie manufacturer Eric Ryd for $24 million. [NYP]
• Art dealer Christophe Van de Weghe has sold his loft at 77 Mercer Street for $2.8 million, or $1.2 million more than what he paid for it back in 2004. [NYO]
• There's a new record for the most expensive residential sale in Sag Harbor. An eight-bedroom, 8,200-square-foot "Nantucket-style cottage" at 25 Shaw Road sold for approximately $14 million yesterday, although the identities of both the buyer and seller remain unknown. [NYM, Real Deal]

• Shire Realty CEO Rena Shulsky has cut $1 million off the price of her penthouse co-op at 812 Fifth Avenue. The three-bedroom apartment, which Shulsky purchased in 2007 for $9.23 million and listed for $11.75 million last October, can now be yours for $10.75 million. [Cityfile, PDE]
• James Seuss, the former CEO of Cole Haan who is set to become the chief executive at Tourneau in March, has sold his house on Shelter Island. The four-bedroom, 3,300-square-foot home overlooking Gardiners Bay sold for $985,000. [Newsday]