DSK: No Value Added When It Comes to Real Estate

Updated



A brush with fame -- or infamy -- may have its place, but apparently it doesn't gain much in the way of real estate currency.

The price of the 6,800-square-foot Tribeca townhouse rented by former IMF head Dominique Strauss-Kahn for the duration of his state-mandated stay in New York year just dropped from $13.995 million to $12.5 million -- about an 11 percent cut.

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