Ivana Trump's $22.5 million townhouse remains unsold after a year

Ivana Trump's townhouse in New York, which has been on the market for a year, remains unsold even after a $4 million price cut. The extravagant six-story, almost 8,800-square-foot townhouse, built in 1879, still retains its original decor and furnishings, including red carpets, silk-covered walls, and gold accents. The residence, described as "very French, Versailles-flavored," has not been professionally staged and is still adorned with family photos and personal items. The latest asking price of $22.5 million puts it in line with the average price per square foot for luxury home sales. However, the highly personalized interior decor and extended time on the market suggest that the listing may be overpriced.
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