President Trump’s former estate in Greenwich gets a 29% price cut

It’s not a good time to be selling a mansion in Greenwich, even if it was once occupied by the current president of the United States. The owners have been trying to sell the 20,000-square-foot Georgian mansion since 2009 when it first hit the market at $50 million. This week, the price was slashed to $38.5 million and the listing suggests it’s an opportunity “to renovate or build new.”