{
  "id": 5990754,
  "title": "Fire Island glass house gets $1.255m price cut but still seeks record $3.995m",
  "url": "https://urgent.news/2026/09/06/fire-island-glass-house-gets-1-255m-price-cut-but-still-seeks-record",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-06T13:30:00.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/real-estate/news/a-fire-island-glass-house-drew-350-viewers-at-5-25-million-but-no-buyer-after-1-255-million-in-cuts-its-3-995-million-ask-is-still-nearly-1-3-million-above-cherry-groves-record-sale/articleshow/133834575.cms"
  },
  "original_language": "en",
  "account": "A luxurious glass house on Fire Island's Cherry Grove has been reduced to $3.995 million, yet still falls short of breaking the area's sales record. The Crest House, a four-bedroom property with 7,130 square feet of living space, has attracted over 350 potential buyers since it went on the market in July 2026. Originally listed for $5.25 million, the four-bedroom home has seen its price slashed twice, first to $4.85 million before the latest $1.255 million reduction. Even at this lowered asking price, the house remains far above the current highest sale in Cherry Grove, which occurred at $2.7 million. Realtor Nikola Cejic of Douglas Elliman's Lord Chapin Team noted that the property's large size, 120-foot double lot, and fully furnished interior make it appealing, but it has yet to find a buyer willing to pay the record-breaking price.",
  "summary": "Crest House, a four-bedroom glass estate in Fire Island’s Cherry Grove, has drawn more than 350 viewers since being listed for $5.25 million in July 2026. Despite the attention, the property has not found a buyer. Its price was first cut to $4.85 million and has now fallen to $3.995 million. The current asking price is still far above Cherry Grove’s record sale of $2.7 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}