Sunday, June 23, 2024
Business

Former Yankees star Derek Jeter's N.Y. castle may finally have a buyer after its asking price was slashed by more than half

Former New York Yankees superstar Derek Jeter has found a potential buyer for his New York castle after the sprawling lakefront property had its price tag slashed by more than half.

The property, known as Tiedemann Castle, went into contract with a buyer in late May after the asking price was lowered to $6.3 million. It was first listed around about six years ago for more than $14 million and had at one point failed to sell at auction.

The home in Greenwood Lake, a bucolic expanse in New York near the New Jersey border, is made up of three parcels with six bedrooms and 13 bathrooms, and includes extensive gardens, a lagoon and an infinity pool, according to the listing.

Diane Mitchell, the listing agent for the property, declined to comment on the pending deal.

Jeter retired from the Yankees in 2014.

Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for free.

source

Leave a Reply

Your email address will not be published. Required fields are marked *