Philanthropist seeks massive profit with $48.5M townhouse listing

Philanthropist seeks massive profit with $48.5M townhouse listing
Philanthropist Iris Cantor, the widow of Cantor Fitzgerald founder Bernie Cantor, has listed her home at 11 E. 74th St. for $48.5 million. She bought the sprawling home for just $18.1 million in 2009, during the downturn. The listing broker is Larry Kaiser of Berkshire Hathaway HomeServices New York Properties. The listing was first reported...