The buyer is the incoming group president of an international communications and IT corporation who is relocating from California, says the buyer's agent, Mike Anastasia of Keller Williams Realty Old Town in Alexandria, Va.
The listing price is now being raised because the "the luxury market in the Desert has had an upward trajectory, " says Eric Lavey of Teles Properties in Beverly Hills, who shares the listing with Mike Patakas of Keller Williams Realty.
Ms. Redstone is selling because she wants to move back to New York to be closer her family now that her husband has died, says Mike Patakas of Keller Williams Realty, who shares the listing with Maria Patakas, also of Keller Williams Realty.