The St. Regis penthouse that went on the market half a year ago for a chuckle-inducing $70 million has just come a good $21 million closer to earth, to $49M. Seems prudence wins out in the end— a real-estate watcher called the price just "a little on the high side" back in August. The 6-bedroom unit, which comes with a 13-seat home theater and six-car parking, was originally had for $30 million, so the owner still stands to get a decent return, assuming someone bites. Fingers crossed? [SocketSite]
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