$1 Million Off Madoff Manhattan Apartment Price

Even though Bernard Madoff's Montauk home went for above its asking price, the U.S. Marshals decided to lower the price of the Ponzi schemer's Manhattan penthouse by $1 million to $8.9 million. The U.S. Marshals said, "Based on the current market and out of the better interests for the sale of the property, it was reduced," and Bloomberg News notes it had been on the market for 59 days. The home is a duplex on East 64th Street and neighbors include Matt Lauer—maybe some Wall Street bonus baby will want to trade up to a den of infamy!