Ivana Trump passed away on July 14, 2022, but her beloved New York City townhome still can’t find a buyer.
The 8,725-square-foot property first hit the market in November 2022 at $26.5 million, but price cut after price cut — nobody seems to be taking the bait. According to an Aug. 26 New York Post report, the residence is now being offered at $17.9 million, a 32 percent reduction from its initial listing price.
The decor definitely has that Ivana flair with animal-print furniture and lots of signature Trump gold on the interior. “Ivana said that, ‘The house is as Louis the 16th would have lived if he had money,’ and that sums it up perfectly in her own words,” Realtor J. Roger Erickson of Douglas Elliman told CNBC in November 2023.
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Ivana Trump at arrivals for Gabrielle”s Angel Foundation For Cancer Research Hosts Angel Ball 2015, Cipriani Wall Street, New York, NY October 19, 2015.
“My mom absolutely loved that house,” Eric Trump told The Wall Street Journal in November 2022 when they put the home up for sale. He believed it “embodied” her “style and elegance.”
Still, it’s a very particular style, and it might be one of the reasons the home hasn’t attracted a buyer. After sitting empty for three years, it will likely need a major overhaul to suit a new owner’s decor tastes. The New York Post laid out some of the issues with the property.
“The reductions reflect both the challenges of finding buyers for highly personalized homes and the current state of the Manhattan luxury townhouse market, where properties with traditional layouts and muted interiors are often quicker to move,” they wrote. “While Trump’s home carries a distinct provenance, its interiors present a buyer with a choice: embrace the décor as-is or commit to a costly renovation.”
If the home does sell, her three children, Donald Jr., 47, Ivanka, 43, and Eric, 41, would be the beneficiaries.
The townhouse is in a coveted neighborhood, the Upper East Side, near the famous Versace mansion, but luxury home sales have been cooling over the past few years in New York City. Someone could own a piece of history with Ivana’s residence, but the Trump family hasn’t found the right price for the right buyer.
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