Literary Ace Janklow Drops Townhouse Price to $19.5 M.

The five-fireplace West 12th Street townhouse that belongs to the comically handsome couple Luke and Julie Janklow, who are reportedly separating, has been cut from $24,975,000 to $19.5 million, according to the Brown Harris Stevens listing.

Why cut now? “When you have a house on the market, you’re always thinking about those things,” said Mr. Janklow, a literary agent whose clients include Anderson Cooper and Simon Cowell.

According to Brown Harris, the house has a movie...

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