Stribling & Associates Ltd.

Last October, a few months after the 81-year-old fashion designer turned real estate executive turned Showgirls producer Charles Evans died, his penthouse triplex at 895 Park Avenue went on the market for $29.5 million.

And it almost sold for the full asking price.

One year and three weeks later, after a second relatively excruciating near-sale, Mr. Evans’ 14-room, four-bedroom sprawl, already cut to $25 million at the end of May, is about to be cut again to $20 million, according to a source. As of this Tuesday, the listing on Stribling’s Web site—where floor plans show four fireplaces; four walk-in closets (plus a dressing room); two levels of massive terrace space; a master suite with its own bedroom-size study; one wet bar off the upstairs media room; and another bar off a downstairs gallery—had not yet reflected that price change.  read more »