The good news: Tory Burch's 4.5 acre Meadow Lane estate closed for its last listed ask of $11M. No more pricechops required!
The absolutely awful news: She originally bought the place from her ex-husband for $22.5M back in 2008.
When we noted that the home had moved into contract back in August, one Curbed reader asked, "How many scarfs, handbags, dresses and shoes does she have to sell to make up from that $11.5M loss?" Answer: A whole helluva lot. We can imagine she's just happy to get this stinker off her hands, though. It's been weighing down her rather impressive real estate portfolio for quite some time.