Fire sale available on Byram Shore Road?
/A reader has asked how much I think 207 Byram Shore Road, originally listed for $32 million in 2013 and now down to $19.750, might eventually sell for. That's hard to say, because while on the plus side it has direct waterfront, the downside is that it's owned by Harvey Weinstein's brother Bob, and in light of what's happened to the two brothers' film company, he might be willing to sell off cheap and focus on other things.
Weinstein paid $16.4 million for the place in 1999, after it had been on the market for just 90 days (the same agent had both sides of the deal) and performed what the current listing describes as a "top to bottom museum quality renovation", so this shoreline property is already underwater at $20 million, but I'm guessing there's still room for it to sink further.
Toss a lowball bid at it, is my suggestion, and see what you get. But no rush: at this point, it's obvious that both time and tide have waited for you.