Duke Semans Mansion Sold

We've only been following this piece of real estate since last April so it's pretty big news that the Duke Semans mansion has finally been sold. The proud owner is Tamir Sapir, a former cabdriver who made his money in Russian oil and Manhattan real estate. The NY Times reports that the home has been sold for $40 million, a full $10 million off the original asking price of $50 million. "I don't know if it's a bargain or not, but it looks like it's a bargain," Mr. Sapir is quoted as saying. He plans to turn the bottom five floors into a gallery for his collection of European ivory which means we all may get to eventually roam around the mansion.

[Thanks, Sebastian]