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359 Days on Market, Sold 26% Below Asking


This place was a rabbit warren full of rooms which various Wall Street folk have poured money into over the years with varying success trying to take out non supporting walls to enlarge and simply the interior space.  Added a new master suite.  Paved the driveway with Belgian block.  Remodeled the guest house.  Landscaped the place.  Etc etc. Every time it came up for sale it ALWAYS took a long time to sell. Most of the high prices out of line with the market one sees since mid 2007 are a result of the owner's ego getting involved.