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Madoff Montauk Home

Madoff's Homes Get HUGE Price Cuts (PHOTOS)

Posted 05.25.2011 | Business

We all know it's a bad time for real estate. But even the luxury homes formerly owned by jailed financier Bernard Madoff are having a tough time selli...

Madoff's Beach Home Sold For $8.75 Million

AP | JENNIFER PELTZ | Posted 05.25.2011 | Business

NEW YORK — It boasts ocean views, an infamous former owner – and now a buyer willing to pay more than $8.75 million. An unidentified buyer or b...