For the millionaire’s estate Holly Hill which belonged to late Brooke Astor has been asked for the price below ten million dollars. Houlihan Lawrence realty’s David Turner says that as estate has not been sold, the lowering of price below $10 million is appropriate. As market is improving, it reached its final price. Before mother’s death in 2007, Anthony Marshall, Astor’s son, was guilty of plundering his 105 year old mother, philanthropist Brooke Astor’s 65-acre property, Park Avenue and $185 million fortune made remain unsold.
Marshal, 86 remains out as the appeal is pending. The estate’s sale money would not go into the son’s pocket till the courts final settlement of the issue. Holly Hill’s property with valuable antiques was owned by the widow of Vincent Astor attracted various types of buyers including celebrities, users, investors and developers. The price drop of the property is not commented by Ken Warner, Marshall’s lawyer.
Holly Hill, with the spread of 65 acre, was listed for $12.9 million in the year 2008. Since then the price has been chopped four times by Astor’s son, Anthony Marshall, most recently to $7.5 million is finalised. The Briarcliff manor in N.Y. has ten bed rooms with views of the Hudson River, built in 1927. The estate in addition to this has two pools and several cottages. To the Daily News, the person who was familiar with the deal told about the lowered price.
Two years ago, Westchester luxury mansion was listed at $46 million .For the Westchester mansion with 21 rooms, is fixed with new price $9.75 million down from $10.5 million. Astor’s Park Avenue co-op was bought by a Swiss banker for $19 million which was previously listed for $46 million.