The good news is that 1 Flagler Drive, asking $5,900,000, went to contract over the weekend, presumably for something less than asking price but proof nonetheless that there are still some deep-pocketed buyers out there. The bad news is that this gargantuan (by my standards – at 11,000 sq.ft. it’s probably tiny for other folk’s taste) mansion sat on the market since September 2, 2005, when it asked $8,495,000. Lesson here, I suppose, is that if you slash $2.5-$3.0 million from your asking price, you’ll eventually sell anything in this price range. Another lesson is don’t be so silly in the first place.