Mario Testino has signed a contract on a New York City condominium for close to $6.3 million

Testino's roughly 2,600-square-foot apartment is in 40 Bond, a soon-to-be completed downtown-Manhattan project of hotelier and developer Ian Schrager. Testino, who is based in London and is well known for portraits of celebrities such as Princess Diana and her sons, will have Ricky Martin as a neighbor; the Puerto Rican pop singer has signed to buy a similar $6.3 million apartment in the loft-style building. Contracts are set to start closing in mid-July.