The apartments form part of the Mandarin Oriental Hotel and Tower and come with hotel services including room and maid service and access to the hotel's spa and pool. The Time Warner Center, opened in 2004, has about 200 condos in its twin 750-foot towers and houses a shopping mall, restaurants and a concert hall, as well as Time Warner headquarters.

Gerard L. Cafesjian, a retired publishing executive, art collector and philanthropist, bought the larger of the two condos for $15.3 million early last year. The first owner of the 5,332-square-foot apartment, he reconfigured it, listing it for $18.9 million nearly a year ago, and never moved in, according to Brown Harris broker Brenda Powers, who's listing the home with colleague Elizabeth Lee Sample. Since then he's raised the price twice, most recently to $20.95 million. The second condo, which has three bedrooms and went on the market last week for just under $13 million, was bought for $9.4 million by Hughes and Sheila Potiker last year. Mr. Potiker, who died last year at the age of 80, founded Entertainment Publications, a coupon-book publisher. The apartment is listed by Brown Harris's Paula Del Nunzio and Guida De Carvalhosa.

Former New York Daily News chief executive Fred Drasner has sold his upstate New York farm for $6.25 million.  The 80-acre property in Stanfordville, 20 miles northeast of Poughkeepsie, includes a four-bedroom, 19th-century farmhouse with two gyms and a wine cellar, a caretaker's residence and a two-bedroom guest house with a 10-seat movie theater featuring Art Deco fixtures from an old Long Island cinema. The estate also has two barns, a Palladian-style conservatory with Honduran mahogany doors, and a racquetball court in an Amish barn moved to the property from Pennsylvania. It couldn't be learned when Mr. Drasner bought the property or what he paid for it.

Mr. Drasner, 63 years old, listed the property for $6.5 million in 2004, shortly after he left his post as chief executive and co-publisher of the New York Daily News. He'd bought the paper for $36.3 million in 1993 with current publisher Mort Zuckerman. The tabloid won three Pulitzer Prizes under the pair's leadership but also saw its circulation lead over the rival New York Post slip. (Mr. Drasner also left a top post at Mr. Zuckerman's U.S. News and World Report in 2004 and in 2005 sold his minority interest in the Washington Redskins football team.) He and his wife, Lora Jean, who now live in Miami, couldn't be reached for comment. Candy Anderson of H.W. Guernsey Realtors represented the seller with Heather Croner of Heather Croner Real Estate. Gael Hammer of Klemm Real Estate represented the buyer, whom he wouldn't identify.
Insurer Conseco has sold for $11.6 million a former executive's Florida mansion, which the company acquired after a scandal over huge loans to executives that it guaranteed.  A former Conseco executive vice president, Ngaire E. Cuneo, bought the nearly 10,000-square-foot Miami Beach house for $10.2 million in 2004, but gave it up to her former employer a year and a half later as part of a settlement with the company over loans outstanding. Conseco had guaranteed bank loans for its executives and directors to allow them to buy the company's shares; when the stock price later dropped, Ms. Cuneo and others were unable to repay the loans, leaving Conseco with the obligations. Conseco acquired the property as part of a confidential settlement with Ms. Cuneo over what the company claimed were $55 million in unpaid loans, and listed it for sale at $13.9 million in January.

The seven-bedroom house sits on half an acre on Sunset Island, just off Biscayne Bay. Known as Casa de Suenos ("House of Dreams" in Spanish), the Mediterranean-style house has turrets, an inner plaza, a theater, billiard room and a pool overlooking a canal. Jill Eber of Coldwell Banker, who had the listing along with Jill Hertzberg, identified the buyer as Michael Kelly, chairman and chief executive officer of San Diego-based Kelly Capital. Mr. Kelly couldn't be reached for comment.

Edwina Baniqued