Calvin Klein just sold his fourth-floor condo at 301 Ocean Drive in Miami Beach for a mere $950,000. Of course it IS just a studio apartment, and the building apparently isn’t much to look at on the outside, but Klein sold the tastefully-done interior as is, including the furnishings, bed sheets, art and the Chris Makos-designed surfboard in the shower, so that upped the value somewhat. According to GossipExtra: “Showing there was really nothing between Calvin and his guests, the pastel studio’s wide-open floor doesn’t offer the occupants of the two beds, or showers, any privacy. But the view on the ocean and the south part of Ocean Drive is partly what attracted buyer Glenn Finn, COO for New York’s Tweedy, Browne Co. investment advisors.” Of course, I’m still stuck on the fact that Calvin Klein owned a studio apartment ANYWHERE, and that a COO purchased it from him. I guess the economy is hitting everyone hard, even the 1%ers. (t/y Nelson)