Ledgerock, a 15,000-square-foot modern mansion in Hyde Park, originally listed for $45 million in 2021, has been relisted for $11.25 million after changing ownership. The limestone-clad residence, known for its all-steel construction and riverfront views, was developed by Monica and Jacob Frydman and was foreclosed upon by Curiam Capital after a loan default.
Originally listed in 2021 for $45 million, Ledgerock, a 15,000-square-foot modern residence along the Hudson River, has returned to the market for $11.25 million after changing ownership.A sprawling Hudson Valley estate once touted as a modern engineering marvel has seen its price slashed to a quarter of its original ask.
With its all-steel construction, fossilized stone façade and riverfront views, the home was designed to rival the finest luxury properties.The top 5 states Americans fled in droves in 2024 — and why they're leaving Despite the Frydmans’ lofty initial expectations, the property struggled to attract serious interest.
Luxury Homes Hudson Valley Foreclosure Real Estate Market Price Reduction
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