Ziff Family Florida Estate Reduced to $165 Million

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After two years on the market, the longtime Florida home of the late publishing magnate William B. Ziff Jr., has cut $30 million off its asking price, reducing the price tag to $165 million.

Located in Manalapan, just south of Palm Beach, the roughly 15-acre estate named Gemini first went on the market with another firm in 2015 for $195 million. Even at 15% off, it remains one of the priciest residential properties on the market nationwide, according to Todd Peter of Sotheby’s International Realty, who has the listing…