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$15 Million Dollar House Reduction

by Tia on October 23, 2009

in Celebrity RE

I can't imagine slashing the price of my house by $15 Million!  That is what Eddie Murphy has done in an attempt to sell his home.  It has been on the market for over 5 years now!  (I hope we never get there!)

Here is the full story:  EDDIE MURPHY is suffering in the global economic downturn – he's been forced to slash the asking price for his home by $15 million (£10 million).
The Shrek star put his New Jersey estate on the market almost five years ago, with a price tag of $30 million (£20 million).
The property, which boasts a bowling alley, theatre and recording studio, failed to sell – and the price has now been cut by half, according to the New York Daily News.
Real estate broker Dennis MCCormack says, "It's a beautiful house and 10 minutes from Manhattan. The home was recently renovated and I listed it three weeks ago."

Karma's a bitch!  Click here for his house listing.

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