Lloyd Blankfein slashes price of Hamptons home by $4M

Goldman honcho also replaces Sotheby's with Corcoran

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.


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