$55 Million! (officially)

Last week, The Observer reported that the five-story, limestone mansion owned by investor Jaqui Safra and his wife, producer Jean Doumanian, was being quietly offered for $50 million. Rumors even circulated that art dealer Larry Gagosian was a prospective buyer. But there is nothing quiet about this listing. The 20,000-square-foot property is now officially on the market for $55 million, with broker Ann Cutbill Lenane of Prudential Douglas Elliman. It is the highest priced mansion in Manhattan, topping two $50 million residences currently on the market. A call placed to Ms. Lenane’s office has not yet been returned. -Michael Calderone