The Real Deal New York

New owner of Andy Warhol crash pad struggles to sell his former Montauk manse

August 03, 2016 02:16PM


Adam Lindemann and 16 Cliff Drive

Adam Lindemann, the art collector who made headlines with his $50-million purchase of Eothen — Andy Warhol’s former Montauk estate, which is located at 16 Cliff Drive — has slashed the asking price for the nearby Montauk property he is trying to unload. He’s shaved $4.5 million off the listing price, reducing it to $25 million. Designed by famed-architect David Adjaye, the 5,000-square-foot, six-bedroom house sits high atop the Montauk bluffs. [Curbed] — Cathaleen Chen