Pincus Duplex Gets a $7 Million Haircut
If the competition to close Manhattan's next mega apartment sale is heating up as the Observer's Max Abelson suggests, then Corcoran's Joan Kaplan looks like she's hoping to be a contender. The price of Lionel Pincus' 7,000-square-foot Pierre duplex, which has been on and off the market for more than a year, was just dropped from $50 million to a much more modest $43 million. The price cut comes on the heels of a recent court decision, which gave Pincus's sons, Henry and Matthew, the right to sell the duplex over the objections of Princess Firyal of Jordan, Pincus's former girlfriend. (Pincus was deemed mentally and physically incompetent in 2006.) The reduction also comes a week after it was reported that Pincus now owes over $10 million in property liens. A floorplan of the newly-discounted 30th and 31st-floor duplex is after the jump.
