This just in: Sex doesn’t always sell.
Although brokers and gossipmongers have been waiting to see who will snatch up Dominique Strauss Kahn’s notorious Tribeca townhouse, it looks like the home is having a wee bit of trouble selling, even though le scandale has brought a good deal of interest to the house. Curbed just noticed that 153 Franklin Street has been price-chopped, down to $12.5 million from $13.995 million.
Although DSK was willing to overpay for the place, it seems that more discerning (or less police-plagued) buyers simply aren’t willing to cough up the cash. As we previously reported, when the libidinous politico found he needed to extend his stay in New York, he sealed the deal on the townhouse at 153 Franklin Street in one day, agreeing to pay $60,000 per month.
The Observer spoke with Town Residential broker Robert Dvorin about the price cut. He claimed that the decision was motivated by “the desire to get it sold by the end of the year.” Mr. Dvorin noted that there has been no shortage of interest, however. “It’s just that we wanted to generate as many offers as possible,” he claimed. The 6,804-square-foot home has been on the market since 2009, with an initial asking price of $14.995 million.
But really, who doesn’t want to live in a home formerly occupied by a high-profile sex crime suspect?