The Real Deal New York

Lloyd Blankfein slashes price of Hamptons home by $4M

Goldman honcho also replaces Sotheby's with Corcoran

February 25, 2016 01:15PM
By Katherine Clarke

Lloyd Blankfein and his Sagaponack home

Lloyd Blankfein and his Sagaponack home

Even the CEO of Goldman Sachs sometimes misjudges the market.

After seeing his Sagaponack mansion linger on the market for six months, Lloyd Blankfein has shaved $4 million off its asking price, bringing it to $13 million. He also switched brokers, swapping Sotheby’s International Realty for the Corcoran Group, according to StreetEasy.

His new agent, Corcoran’s Susan Breitenbach, didn’t immediately respond to a request for comment.

The seven-bedroom home, located at 121 Parsonage Lane, spans more than 6,500 square feet and includes a 45-foot heated pool, a tennis court, a paneled library and a screened porch.

Blankfein built the home in 2001, and has been trying to unload it ever since he and his wife Laura purchased a much bigger $32.5 million estate in Bridgehampton in 2012.

The couple’s primary residence is a penthouse at 15 Central Park West, and they reportedly also own a home at Faena House, a new $1 billion condo project in Miami Beach.

MENU
Welcome to TRData
TRData is a new site focused on research, currently in development by The Real Deal, New York City’s largest real estate publisher.
Click here for more information about the site