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December 8, 2006

RICH CRIBS

NY Newsday
By Laura Mann and Abigail W. Leonard

Bruce Ratner's East End (not East Side) neighbor just reduced the asking price of his compound:

Wildlife and fashion photographer Peter Beard recently lowered the asking price on his cliff-side property in Montauk from $32 million to $20 million. John Hollyer, listing agent for Prudential Douglas Elliman, says Beard has "mixed feelings" about selling the storied estate, where neighbors include singer Paul Simon and New Jersey Nets owner Bruce Ratner.

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Posted by lumi at December 8, 2006 6:38 AM