We discussed this house back when it saw an earlier price reduction, but here it is again, marked down today to $8.9 million, or 74% of its original price of $12 million. Sooner or later it will find its proper level.
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I wonder what that means for 45 Byram Shore (which you also posted about), I don’t know how long each of them has been on the market, but a 25% haircut – just on asking price, much less selling price – can’t be good.
“A man’s reach should exceed his grasp, else what’s a heaven for?”Or something.
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