Photo: Courtesy of Sotheby’s
Former Lehman president Joe Gregory slashed the price on his Hamptons home again. Now you can get it for $25 million (via Luxist).Gregory tried selling the mansion in 2008, for $32.5 million, then $27.9 million. Even with the price drop, the gorgeous ocean front home didn’t sell and was taken off the market.
Dick Fuld’s right hand man bought the home in 2007 for $19 million and spent a few million dollars on renovations.