The unit came on the market for $115 million in 2013 and over the next 8 years the price was lowered multiple times. Finally it came down to $29.5 million, had multiple bidders, and sold for $30.5 million in a deal that closed Friday.
So did it sell because of how hot the market is or did it sell because the price came down 74%?
So did it sell because of how hot the market is or did it sell because the price came down 74%?
Steve Cohen’s condo sells above asking — after a 74% cut
After eight years on the market, the luxury duplex of hedge fund founder Steve Cohen finally sold for 3.4% above asking price — after a significant price cut.
therealdeal.com