The New York Post reports that Britney Spears recently sold her Manhattan apartment for $4 million, after buying it for $3 million in 2002. That's a nice ROI, Brit. Good job. That means return on investment.
It was put on the market back in 2004 for $6 million, and remained unsold until Spears lowered her asking price, which is what we are seeing a lot of in today's turbulent housing market, with mortgage rates on the rise across the U.S. The eight-room condo with three bedrooms, 13-ft ceilings, working fireplaces, a large rooftop terrace and a solarium, was previously owned by Rolling Stones guitarist Keith Richards and then hip-hop mogul Russell Simmons.