Mega-Mansions That Are Nearly Worthless Today

Steve Cohen’s Penthouse

Pixabay

New York City, New York – Originally priced at $115m since 2013

The loaded hedge funder must be frustrated that there is little to no interest in the industrial-themed property. Even after cutting by 50%, there were no bites. The main theory is that it’s the high price mixed with the expensive property taxes and pricy cost of living.

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