Luxury-Yacht Sellers Cut Prices on Multimillion Dollar Toys
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Selling Cakewalk hasn’t been quite as easy as her name would suggest.
The 86-meter luxury super-yacht with six sundecks, a baby grand Steinway & Sons piano and vast Italian marble his- and-hers’ bathrooms has been on the market for three years. To ease the task, her sellers gave her pride of place last week at the Monaco Yacht Show and dropped her price to 119 million euros ($151 million), a fifth less than in 2011. The bait may work.