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It's A Crisis!

It's A Crisis!

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Former Nightline host Ted Koppel is desperate to sell his home.

It’s actually been on the market for THREE YEARS already!

Koppel has been trying to sell his suburban Washington, DC home since 2005, when he originally listed it for $4.1 million.

And, now in 2008, he’s cut the value by more than half.

Whatever it takes! Gotta unload!

Last August, he lowered the asking price to $2.3 million for the 9,000 square-foot, six bedroom home. It is located on 2.5 acres and includes an indoor pool, a maid’s quarters, a gym, a sauna, and even a horse barn.

His current asking price is now $1.94 million.

As for Koppel and his wife, they have moved into a larger home a few miles away but still have not been able to sell their old place.

The economy is in such a shitter.

But, at least it’s good for any potential home buyer’s out there!

[Image via WENN.]

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Jun 06, 2008 19:30pm PDT

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