Way back in April, Cortney and Robert Novogratz, who renovate and sell hip houses under the name Sixx Design (they wrote the book, or at least a book, on "downtown chic"), put 5 Centre Market Place on the market for $18 million. Yet, in 2004, they had bought the place for only $1.512 million, less than a 10th of their asking price. The bubble was such an ambitious time!
Things have changed. After a price cut to $15.5 million, the Corcoran listing left the market in August. The townhouse is back on this week, now asking $13.85 million. Buyers interested in five-floor homes with Belgium-made oak-and-steel staircases (or with basketball courts built under Swiss-made steel mesh domes) should be excited.
Copyright Obser - Observer
