Celebrity Real Estate Price Cuts, Part II
Celebrities are not immune to price cuts on their listings, either. We had a list of celebrity price cuts in February and here’s a whole new celebrity price-cut list:
Rush Limbaugh’s New York City penthouse (above)
Price cut: $13,950,000 –> $12,950,000
Notable: Conservative radio personality Rush Limbaugh has railed against New York City’s notoriously high taxes and has threatened to leave. He’s making good on his promise with the listing of his Upper East Side penthouse.
Read more about Rush’s NYC penthouse
> See more Upper East Side real estate
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Diane Keaton’s Beverly Hills home (above)
Price cut: $12,995,000 –> $10,950,000 (see listing)
Notable: Besides starring in Academy Award-winning movies and winning an Oscar herself, Keaton is also known for her work in California architectural preservation. Her hobby is buying historically interesting homes in California and renovating them.
Read more about Keaton’s Beverly Hills home
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Kanye West’s Hollywood Hills home (above)
Listed for $3,995,000
Notable: OK, this is not a price cut, but it’s a major change-of-heart on some level. The home was listed on May 8 and pulled on May 15. Could it be that Kayne already has a buyer? Or, did he just change his mind?
Read more about Kanye West’s home
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Steffi Graf’s Miami Beach home (above)
Price cut: $3,050,000 –> $2,750,000 (-10.1% change)
Notable: Graf’s home has been on the market since July 11, 2008 and it’s puzzling that it hasn’t sold yet, although it did have a contract in 2008 that fell through.
Read more about Steffi Graf’s home
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Scott Baio’s Encino, CA home (above)
Price cut: $2,895,000 –> $2,695,000 (-6.9% change)
Notable: Baio purchased this home in 1994 for $1,345,000 and decorated it to the hilt in a fun California retro-style.
Read more about Scott Baio’s home
> See more Encino, CA real estate
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Glenn Close’s Upper West Side apartment (above)
Price cut: $11,800,000 –> $10,800,000 (-8.5% change)
Notable: The listing was removed on May 15. Perhaps there is a buyer for the coveted “D” line apartment?
Read more about Glenn Close’s home
> See more Upper West Side real estate
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Bill Wrigley Jr.’s Lake Forest home (above)
Price cut: $14,500,000 –> $9,990,000 (-31.1%)
Notable: Wrigley is also selling a full-floor penthouse in the Gold Coast Condominium in downtown Chicago for $14 million, but that price has not changed.
Read more about Wrigley’s Lake Forest home