New York's Most Expensive Homes: Only One In Top Ten Has Sold

The New York Observer:

Late last month, the $51 million duplex penthouse at Trump Park Avenue quietly came off the market, a year after the Elliman broker Victoria Shtainer listed the 6,200-square-foot sprawl, and seven years since Mr. Trump bought the building. "We haven't sold it," Ms. Shtainer said this week. "The timing was not good, so I didn't get any offers." That's the story with New York's most outstandingly lush real estate. Of the 10 properties that were asking over $45 million late last year, half are off the market without a sale, and only one has sold.

Read the whole story: The New York Observer