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Of Course it Did

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Businessweek compiled the top ten most expensive newly constructed homes on the market today. And developer Joe Farrell's perpetual publicity stunt, the Sandcastle, checked in at number five. What a shocker! Currently priced at $47.5 million, the 31,000-square-foot showplace was robbed by undeserving estates in Palm Beach, Beverly hills, and (gasp!) New Jersey. But this list means nothing since only the Sandcastle can catapult its residents (e.g., Cheryl Mercuris) to stardom—and that's priceless. [TRDNY]