Tuesday 27 August 2019

Golden cobwebs: Why the North Shore’s great estates aren’t selling

The stretch of old-money communities that inspired F. Scott Fitzgerald’s “The Great Gatsby” seems to be losing its luster among buyers. Across the “Gold Coast,” scores of multimillion-dollar listings have sat dormant for over a year, with a disconnect between buyers and sellers, as well as changing tastes, most to blame, according to industry experts. “Sellers are anchored to another era and not matching what the market supports today,” said Jonathan Miller, the head of […]



source https://therealdeal.com/tristate/issues_articles/lis-gold-coast-loses-its-luster/#new_tab#new_tab

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