Wednesday, April 26th, 2017
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Motivated Seller: Peter Madoff’s $6 Million Gold Coast Mansion Languishes on the Market

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Though he just pleaded guilty to numerous crimes last week, Peter B. Madoff, the younger  brother of Ponzi scheme mastermind Bernie Madoff, has been trying to sell his opulent mansion in Old Westbury, N.Y. for more than a year. First listed at $6.5 million in June 2011, the four acre spread on a swanky block at the heart of  Long Island‘s Gold Coast where he lived with his wife, Marion,  is now priced at $5,950,000.

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