George Soros’ son, artist Gregory Soros, it seems that he doesn’t have quite the real estate acumen as his older half-sister, Andrea Soros Colombel, or his mother, Susan Weber Soros, who both successfully flipped their homes in the past few years.
Soros paid design duo Robert and Cortney Novogratz $11.99 million to take up residence in the five-story townhome at 5 Centre Street in 2010. Soros apparently grew bored of the 5, 700-square-foot space by 2013, putting the four-bedroom, 4.5-bath home back on the market for just $100 more than he paid.
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5 Centre Market Place, which sold at a $2 million loss for $9.7 million, according to the Observer.
Read the full story at Observer, by Morgan Halberg
