The penthouse at 111 Murray Street, Tribeca, finally found a buyer after being on the market for nearly ten years, at a price of just under $34 million. Initially listed at $45 million, it had undergone several price cuts throughout its sales period. This unit, featuring five bedrooms, six bathrooms, and two terraces with stunning river views, highlights the changing trends in Manhattan's luxury real estate market. The building also boasts various amenities and had previously attracted figures such as Michael Cohen. Legal issues surrounding the development have also surfaced, showcasing the complexities of high-end property transactions.
The penthouse at 111 Murray Street secured a buyer nearly a decade after its sales launch, marking a significant milestone for luxury real estate in Manhattan.
After several price reductions, the 7,500 square foot penthouse finally entered contract at approximately $34 million, reflecting the evolving dynamics in high-end property sales.
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