




Embattled music producer Russell Simmons, who has denied allegations of sexual misconduct by several women, quietly lowered the price of his Financial District penthouse to $8.75 million — down from its 2012 asking price of $11 million.
That’s a reduction of more than 20%, which, per StreetEasy, was made in October. The five-bedroom duplex at 114 Liberty St., around the corner from the World Trade Center, comes with 7,175 square feet of indoor space and some 3,500 square feet of outdoor space over three terraces.
Russell SimmonsAmy Graves/WireImageThere are also 12-foot, barrel-vaulted ceilings, oak floors, a screening room and a library with a gas fireplace.
The listing brokers are Adam Modlin, of the Modlin Group, and Corcoran’s Deborah Grubman.
If that’s too pricey, a seventh-floor unit in the same building just listed for $6.99 million with Nest Seekers’ Ryan Serhant and Jessica Campbell.
That five-bedroom unit measures 5,400 square feet.



