$1 M. Price Cut on Lily Safra’s Old Apt.

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The asking price for billionaire widow Lily Safra’s old apartment at 838 Fifth Avenue has just been reduced by $1 million. It can now be had for $18.75 million.

In January, 2005, Ms. Safra sold the full-floor condo for $13.8 million to investor (and Versace mansion buyer) Thomas Sandell, as reported in The Observer.

Michael Calderone

$1 M. Price Cut on Lily Safra’s Old Apt.