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Saturday, June 11, 2011

On the Market: Bernie Madoff's Brother Tries to Unload Long Island Estate

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, June 2, 2011, by Sarah Firshein

It took a while for his Palm Beach property to finally sell, but it's no surprise to see another of Peter Madoff's pricey properties pop onto the market, what with the astronomical sum of cash owed to the victims of brother Bernie's Ponzi scheme through lawsuits and such. His Old Westbury, N.Y., home is now listed for $6.495M and boasts five bedrooms, an elevator, a gunite pool, and a tennis court, according to the listing, which also claims there's "Too Much To Mention!" Prophetic words in this context. But as we've seen before, karma apparently has more of a bark than a bite.

· Karma Apparently Not a Bitch For Bernie Madoff's Sister-in-Law [Curbed National]
· Peter Madoff Lists Old Westbury Mansion [Newsday via The Real Deal]
· 34 Pheasant Run [Daniel Gale Sotheby's]


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