WestchesterCounty

Geithner Reduces Home's Listing Price, Rents It Out Instead

Filed under: Estates, Celebrity Shopping

Even the Treasury Secretary is not immune to real estate woes. We reported back in March that after his move to Washington D.C., Timothy Geithner put his New York English Tudor style home on the market. A couple months later and no sale so Geithner has pared another $60,000 on the price, bringing it down to $1.575 million in the beginning of May. Geithner and his wife, Carole Sonnenfeld Geithner paid $1.602 million for the five-bedroom home back in 2004. The AP reports that agents Scott Stiefvater of Stiefvater Real Estate and Debbie Meiliken of Keller Williams Realty say the house was rented for $7,500 a month on May 21 giving Geithner a chance to wait until the real estate market rebounds a bit.

Gallery: Timothy Geithner in Larchmmont, NY

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Tags: larchmont, mamaroneck, new york, NewYork, timothy geithner, TimothyGeithner, westchester county, WestchesterCounty

Leona Helmsley's $1.4 Million Eternal Resting Place

by Sandy Maple (RSS feed) —

Filed under: Estates

You may not be able to take it with you when you die, but you can sure spend a lot of it getting there. Leona Helmsley, who died this week in Connecticut, will be buried alongside her late husband, Harry, in a $1.4 million mausoleum in the Sleepy Hollow Cemetery in Westchester County, New York.

Although Harry died in 1997, he is somewhat new to the Sleepy Hollow neighborhood. Three years ago, Leona became dissatisfied with Harry's original resting place at Woodlawn Cemetery in the Bronx when a public mausoleum was constructed, blocking Harry's view. She then did what any self-respecting billionaire would do - she built a new mausoleum and moved Harry into it. The 1,300 square foot granite monument features Doric columns and a recreation of the Manhattan skyline in its stained-glass windows. Oh, and a great view.

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