Investor Barbara Corcoran listed her Manhattan penthouse for $12 million and secured a buyer within one day. Initially purchased for $10 million in 2015, Corcoran spent about $2 million renovating it and is unlikely to make a profit from the sale. Despite the financial outcome, she emphasizes that her real estate journey is driven by emotional fulfillment rather than profit. At age 76, she and her husband are downsizing to a single-story apartment after years of owning the penthouse they dreamed of for over two decades.
I never thought I would ever leave. It's easy to spend money when you're building a lifelong dream. For me, real estate is emotional.
After waiting over 20 years for this dream penthouse, Corcoran quickly found a buyer, though she may not profit significantly from the sale.
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