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New York

Biggest price cut of the day: Buttonwood CEO Andrew Heiberger’s townhouse

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The unit to see the biggest price cut today is Buttonwood Real Estate President & CEO Andrew Heiberger’s townhouse at
161 East 63rd Street, according to Streeteasy.com. The price of the
home, which has seven fireplaces, was cut by $2 million, and the home
is now on the market for $14.85 million. The townhouse is now listed
for 12 percent less than its asking price of $16.85 million when it
first went on the market in February. Heiberger, founder of Citi Habitats, bought the home for $8.15
million in 2004, according to Streeteasy.com. Sotheby’s International
Realty’s Michael Pellegrino has the listing. TRD

Tags
Sotheby's International RealtyStribling & AssociatesTownhouse Market