Lloyd Blankfein slashes price of Hamptons home by $4M

Goldman honcho also replaces Sotheby's with Corcoran

TRD New York /
Feb.February 25, 2016 01:15 PM

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.


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images)

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan

Jho Low and the Time Warner Center at 25 Columbus Circle (Credit: Getty Images)

Financier at center of 1MDB fraud case agrees to give up hundreds of millions of dollars

70 Pine Street and Goldman Sachs chairman Lloyd Blankfein (Credit: Wikipedia and Getty Images)

Goldman Sachs refis Art Deco apartment conversion at 70 Pine with $386M loan

247 Metropolitan Avenue in Williamsburg (Credit: The Pod Hotel)

Goldman Sachs provides $90M loan to refinance hotel in Williamsburg

Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Uber founder Travis Kalanick (Credit: Getty Images and iStock)

Investors bet on restaurants’ move to
delivery-only

An office built in a shipping container

A wave of venture capital is pouring into construction tech sector

Goldman Sachs invests $83M in Gotham Org’s 1,120-unit LIC project

Goldman Sachs invests $83M in
Gotham Org’s 1,120-unit LIC project

arrow_forward_ios
Loading...