18-year-old Daniel Radcliffe, star of the Harry Potter film series has just paid $4.3 million for a condo in New York. The condominium in question is a glass walled, fifth floor apartment in SoHo, a bohemian New York district.

It seems unlikely the film star will actually move in, as the apartment was almost immediately offered on the rental market by Gilmore Jacobs, a firm set up by Radcliffe’s parents in 2000 to maximize his earnings – asking rent $20,000 per month. Harry Potter joins a growing list of wealthy Brits buying in to the New York luxury condo market and taking advantage of the current weak dollar.

Brad Pitt and Angelina Jolie have bought their own Island in “The World,” Dubai’s ultra-exclusive offshore development. Dubai-based celebrity and society web site Ahlanlive reported that the film stars have bought an island with a view to turning it into a showpiece for environmental issues with the hope that it will encourage people to live a “greener life,” – no comment.