Photo: Long & Foster’s
Moeen Qureshi, Pakistani magnate and former a World Bank vice president, slashed the price of his Observatory Circle mansion in Washington, D.C. to $12 million (via Washingtonian).That’s an incredible $9 million than the home was initially listed for in 2006.
The mansion has 11 bedrooms, nine full baths and three half-baths.
The home spans 22,000-square-feet and was formerly two properties, until it was combined 10 years ago.
Qureshi is currently the chairman, managing partner, and cofounder of private-equity firm EMP Global.
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