By Serena Norr
What would you do if you had $312 million dollars? Most people would invest or travel or save or buy a nice piece of real estate . But if you are Greek billionaire Constantine Alexander-Goulandris you wouldn’t use the money for all of those luxurious items, but rather, use it to purchase a penthouse in Monte Carlo. Dubbed as “the world’s most expensive penthouse,” Alexander-Goulandris’ new pad includes six bedrooms (three of which include a theater, kitchen, dressing room and two bathrooms) and a sprawling backyard that we are guessing would be ideal for late-night and opulent parties. Back in NYC, we learned that Kelsey Grammer and his new girlfriend took a peak at 200 Eleventh Avenue (the very building that Nicole Kidman and Keith Urban recently purchased). The $5.95 million-dollar property includes massive windows to view the Hudson and beyond, three bedrooms and the much talked about Sky Garage . We’ll keep you posted on that exciting sale. In NYC, Yankees star Derek Jeter is also on the Beat for listing his 70th floor condo for $20 million. Jeter’s pad is currently empty, but we are thinking that he little to worry about, especially since he has homes in Florida , New Jersey  and Upstate NY .
• Kelsey Grammer Eying Hudson River Property 
Kelsey Grammer of “Cheers” and “Fraiser” fame has recently been making an appearance in the gossip columns for splitting with his wife, having a new (pregnant) girlfriend, and what we care about the most: his search for a new property with said girlfriend. Although, Grammer rents in the West Side of Manhattan it looks like he may be looking to settle down at 200 Eleventh Avenue (the very building where Nicole Kidman and Keith Urban reside ). Overlooking the Hudson River, $5.95 million-dollar property includes three bedrooms with a master suite and 3.5 bathrooms as well as 2,364-square-feet of living space (more than enough for Grammer and his growing brood). The fifth-floor duplex also includes a private elevator that leads to the living room and a modern kitchen with stainless steel appliances. Also included with this hot property is the one-of-a-kind sky garage, an automatic car elevator that will go directly to Grammer’s swanky pad.
• Judge Judy Sells Penthouse for $2.25 Million 
Judy Sheindlin better known as the fearless Judge Judy recently sold her Sutton Place apartment . Originally listed a year ago at $3.15 million, the price was lowered to $3.15 million and finally sold for $2.25 million. The undisclosed buyer will enjoy quite the penthouse – which includes two floors, an outdoor terrace, a fireplace and three bedrooms with walk-in closets. The Judge and her husband won’t be without a home – it was reported that they already purchased a new two-bedroom co-op for $6.75 million dollars [City File ].
• Home of the Late Jerry Garcia for Sale 
According to Zillow.com, the Marin County  home of the late Jerry Garcia is on the market for $3,995,000. A very different home that what we would expect from Garcia, the five-bedroom, six bathroom home has a Mediterranean-feel, open floor plan and numerous windows. The 7,189-square-foot home also includes an outdoor swimming pool, a personal gym, a master suite with a sauna and a private deck. The new buyer will also enjoy views of the Berkeley Skyline and Mount Tamalpais and being near San Francisco .
• The Most Expensive Penthouse Sold for $312 Million 
According to Housing Watch, the most expensive apartment was recently sold for $312 million in the equally opulent Monte Carlo. Greek billionaire Constantine Alexander-Goulandris purchased the property – dubbed La Belle Epoque – that includes six-bedrooms (three of which include a theater, kitchen, dressing room and two bathrooms), a library, spa and sprawling gardens. The home also features immaculate décor that underwent a $40 million-dollar remodeling project  since the home damaged was damaged in a fire – where the previous owner, Edmond Safra, died.
• Derek Jeter Lists Manhattan Penthouse for $20 Million 
Just as DJ’s teammate, Alex Rodriquez , is looking for a new pad Derek Jeter is selling his luxurious home-in-the sky. Located on the 70th floor, the penthouse purchased in 2001 for $12,600,000 was recently listed on the market for $20 million. Now the elevation is a bit steep for us, but if you’re willing to live that high up (not to mention pay 20 million) you can look forward to 5,425-square-feet of living space, four bedrooms and 5.5 bathrooms; not to mention a bare apartment to decorate. The condo also includes 16-foot ceilings, an eat-in kitchen, a library, laundry facilities and an 84-square-foot storage facility which will also be sold to the new owner. Jeter is no stranger to real estate; he is building a mega mansion in Tampa, Florida , he owns a mansion in Marlboro, New Jersey  and an historic mansion in Greenwood Lake in New York .