Ex-Rockets Owner Slashes $13M from NYC Penthouse Price in City Departure

Billionaire Leslie Alexander, former owner of the Houston Rockets, has re-listed his Gramercy Park penthouse in Manhattan for $32 million, marking a $13 million reduction from its previous price. The luxurious property, featuring a private plunge pool, hot tub, and exclusive access to Gramercy Park, has seen several price adjustments since Alexander purchased it for $42 million in 2012. The decision to sell comes as Alexander no longer resides in New York, amid a challenging real estate market and potential for future property appreciation.