Judge Judy Slashes $1m off Manhattan Penthouse Price
Million-Dollar Price Cut Reflects Market Turmoil A dramatic million-dollar price slash has struck Judge Judy's luxury Manhattan penthouse. This signals deepening turbulence in New York City's high-end real estate market. The television personality's prestigious property has plummeted from its $9.5 million listing price to $8.5 million. This happened after failing to attract buyers between Sutton Place and 1st Avenue. The severe price reduction exposes growing vulnerabilities in luxury realty. Wealthy buyers are retreating from Manhattan's premium market. Market trends indicate mounting pressure on sellers. Sellers are forced to abandon ambitious pricing strategies and accept harsh financial realities. Nearly 400 listings across the city had price reductions during a single week period, demonstrating the widespread nature of these market adjustments. Television judge Judith Sheindlin and her husband Jerry Sheindlin purchased the historic penthouse in 2013 for $8.5 milli...