Intelligence reports reveal a shocking price chop at Tom Clancy’s penthouse

The Ritz Carlton apartments first hit the market for $12M; they are now asking $8.7M

TRD New York /
May.May 29, 2016 03:00 PM

The home of the late writer of military thrillers, Tom Clancy, has just a received dramatic price chop.

Last fall, Clancy’s Baltimore penthouse hit the market asking $12 million. That ask was later slashed to $10.9 million. Now, the home of the “Clear and Present Danger” author is asking just $8.7 million, Shawn Breck of TTR Sotheby’s International Realty Told The Wall Street Journal.

Tom’s widow, Alexandra Clancy, is planning to move out of the penthouse soon and “it’s time to make something happen,” Breck told the Journal.

The 12,000-square-foot, five-bedroom penthouse, located at the Ritz-Carlton Residences in Baltimore’s Inner Harbor, is actually a combination of four apartments. The Clancys purchased the three initial units in 2009 for $12.6 million, which was a record at the time.

The following year, they purchased another three for $4 million. Four of those six apartments were combined to create the current listing. The remaining two units are currently rents and are not for sale [WSJ] –Christopher Cameron


Related Articles

arrow_forward_ios

Luxury real estate anyone? US Open stars and their palatial pads

Lena Dunham and 60 Broadway (Credit: Getty Images)

Lena Dunham’s “massive real estate mistake”

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

October Issue is Live

The Real Deal‘s October issue is now available to subscribers!

Playing the real estate game: College athlete bill could mint young millionaires and homebuyers

Judith and Rudy Giuliani Rudolph and Judith Giuliani are divorcing after 16 years. (Credit: Getty Images, Trulia, Highrises)

Luxury properties at play in Rudy Giuliani’s ugly divorce

Luca Orlandi and Felipe Dutra (Credit: Getty Images and Google Maps)

Designer Luca Orlandi sells UES townhouse for $27M

arrow_forward_ios