When hedge funder Michael Price put his Upper East Side townhouse on the market with Sotheby’s International Realty in 2016, it was priced at $38 million. By 2019, Corcoran Group had taken over the listing at 20 East 78th Street, and the asking price was lowered to $26.5 million. This February — with the pandemic looming — the price was dropped again, to $24.9 million. Only then was a deal reached for the 8,760-square-foot manse,
source https://therealdeal.com/2020/08/04/financiers-ues-townhouse-closes-19m-below-initial-ask/
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