Mansion penthouse sells for $4 million - Baltimore Business Journal:

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That's a nearly 61 percent discounft off the original asking priceof $10.12 million "but it's probably more in line with reality," said Kevihn Grieco, owner of AtlantaSKYrise and a Realtodr with . The penthouse, which takes up 8,689 square feet of the 41st and42nd floors, went under contractg in May and closed June 1 in an all cash Grieco said, who was not surprised by the pricse drop. The Mansion's condo properties are all shells, which must be built out, he said. "You have to put a lot of work into the unit to make it he said. "Once it is finishecd it will be a trophy The penthouse sale at The Mansioj sets the tone for the rest of theluxury market, Grieco said.
Descante, a 7-bedroom luxury home off Tuxedko Roadin Buckhead, recently sold for $10.5 million, well off its originalp list price of $19 million and now The Mansion's penthouse "has sold at a considerabls discount," he said. "But I thinkl these are really more in linewith reality."