Multimillion-dollar UES townhouse sells at a discount of more than 40 percent
An Upper East Side townhouse once listed at $18.7 million has sold, to Wui Yen Liow, a principal at Ziff Brothers Investments, for $11 million, the New York Observer reported.

Deeply Discounted Upper East Side Townhouse Sells For $11 M. to Ziff Brothers Boss
Although the listing created a compelling vision of the grand life that one would lead in the townhouse 59 East 77th Street, inviting potential buyers to imagine "ascending upstairs via the wide striking main staircase to be greeted by a gracious landing," or installing your art collection in a living room that "awes you with its incredible wood-sculptured ceiling," it was not enough to net $18.7 million.