long island's most expensive home simply obtained a $24 million price chop — but it surely's nevertheless in fact expensive

All yours for $96 million.Brown Harris Stevens

if you want to reside like a king, it simply got a little simpler. a big and opulent upper East side duplex as soon as owned with the aid of the late "King of Wall street" John Gutfreund (who died past this 12 months), has just been discounted to $96 million, after record for $a hundred and twenty million six months ago.

Even with the new fee, or not it's nonetheless the most expensive checklist in long island city, according to Curbed. One feasible reason why it's still available on the market is that the building's co-op board does not accept financing, and the $ninety six million is required up front, the long island Observer reported.

Gutfreund made a name for himself as CEO of Salomon Brothers, becoming an icon of Wall highway in the Eighties. He took Salomon from a non-public partnership to a public business enterprise, and in 1985 Businessweek named him the "King of Wall road" — a title he later instructed The big apple times that he hated.

John Burger of Brown Harris Stevens has the record, along with Richard Ziegelasch and Key Ventures' A. Laurance Kaiser IV and Craig Dix. 

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