Mark David Good things sometimes do come to those who wait. And, for the financially well endowed, at least, that goodness sometimes comes in the form of a multimillion-dollar real estate discount.
In late 2018, boutique hotelier Edward Slatkin, whose portfolio includes the celeb-favored Shutters on the Beach in Santa Monica, made his Tinseltown-tinged estate in a one of the plummiest pockets of Beverly Hills available in a blaze of publicity at an attention getting, but in-hindsight too boldly optimistic $36 million.
The price tag eventually fell to $29 million before it was sold earlier this month, according to tax records, for $27.5 million, almost 25% under the original ask.
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