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Community Corner

Report: Billy Joel Slashes Price of Sagaponack Estate

Price drops $5.7 million since 2009.

Billy Joel has reduced the asking price on his Sagaponack estate from $18.5 million to $16.8 million, WSJ.com Private Properties reports. He initially listed 9 Gibson Ln in 2009 for $22.5 million.

Biana Stepanian of in Sag Harbor has the listing. Joel purchased the home in 2007 for $16.8 million from the late actor Roy Scheider, according to the report.

See WSJ.com for the full report

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