The price on a 16-room Centre Island Colonial mansion, originally listed in late 2006 for $13.5 million, has been lowered to $10.5 million.
The home is currently listed under a trust named "2002 JLD Childrens." Public records show that the previous owner was listed as Deborah Dolan, whom real estate sources tell REAL LI is the ex-wife of James L. Dolan, chief executive of Cablevision Systems Corporation.
The Hampton-style house was built in 2005, and includes seven bedrooms, 7 ½ baths, seven fireplaces, lighted tennis courts and a Gunite pool. The property sits on 6.22 acres and includes 500 feet of water frontage. The taxes are $94,526 per year.
The home is listed with Peggy McCormack of Daniel Gale Sotheby’s International Realty.