October 7, 2008
Low-key listing for Billy Joel's Centre Island estate
Sometimes even rockstars are forced to wait out a real estate downturn.
Musician Billy Joel, whose 14,000-square-foot Centre Island mansion has been on the market for the past year with Daniel Gale Sotheby's International Realty, has let the property's listing with the firm expire, sources have told Newsday.
The waterfront estate appeared on the company's Web site as late as last week, but has now been pulled.
Bonnie Williamson, who represents the property for Daniel Gale, says that although the home is not listed on the site, it is still for sale, and the price remains $32.5 million. "Right now, we're just keeping it low key," Williamson said, adding that Joel feels the listing has already been public for a while.
Joel paid $22 million for the mansion in 2002. He was asking $37.5 million before reducing the price. This summer, the singer paid almost $17 million for Roy Scheider's home in Sagaponack, which Joel said he had purchased as a surprise for his wife, Katie Lee.
Christie Brinkley, Joel's ex, has an equally impressive property on the market right now. Her 20-acre Bridgehampton estate, Tower Hill, is listed with the Corcoran Group for $30 million.
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