The 19th-century brick
house at 11 Spring Street, nicknamed the Candle Building, is now on the
market for $26 million, down from its original price of $39.8 million.
Real estate heiress Caroline Cummings listed the 12,000-square-foot
building with the Corcoran Group’s Robert Brown in September, after
buying it from one of Rupert Murdoch’s sons for $12 million. In
November, Browne was replaced by Core Group, and the price fell to
$36.5 million, and then again to $29.5 million. The home is now listed
with Prudential Douglas Elliman’s Leonard Steinberg for $26 million.
11 Spring down to $26M from $40M
May 22, 2009 03:29PM
