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Tom Clancy

Tom Clancy's former Baltimore penthouse gets another price reduction, to $8.7 million

Tom Clancy's former Baltimore penthouse gets another price reduction, to $8.7 million

The price of late author Tom Clancy’s former penthouse at the Ritz-Carlton Residences in Baltimore has dropped yet again.

The 12,000-square-foot condo, made up of four combined units, is now for sale for $8.7 million, according to Shawn Breck, vice president of TTR Sotheby's International Realty.  Wednesday's price decresase is the second since the condo went on the market for $12 million in October. 

"We've had several showings, and the general feedback was that it was overpriced," Breck said, adding that since the real estate market tends to slow down in the summer, he thought the timing was right for a decrease.

"We're just...

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