Peter Madoff's Mansion At 34 Pheasant Run Hits The Market At $6.5 Million (PHOTOS)
NEW YORK -- Bernard Madoff's brother has his New York mansion on the market for $6.5 million.
Peter Madoff is selling off real estate as he faces a lawsuit by the trustee reclaiming funds for investors in Bernard Madoff's Ponzi scheme.
Newsday says Peter Madoff and his wife bought the 14-room home in Old Westbury, N.Y., on Long Island, for about $2.5 million in 1990.
The house built during the Great Depression.
The paper cites public records and real estate reports.
The house is on 4 acres of property. The taxes are nearly $75,000.
Photos via Realtor.com