It took three years to sell, but it seems that the palatial Scarsdale home of Earl Graves, the founder of Black Enterprise Magazine, and his late wife Barbara Graves, has sold.
The nearly 8,000-square-foot, 10-bedroom home with ice cream parlor sold for $7.5 million, which is down from the original listing price of $11.5 million in 2010, according to the online newsletter, Scarsdale10583.com.
The home was built in 1907 and also has a swimming pool, tennis court and putting green. Graves and his wife had lived in the house for more than 30 years. He was born in Brooklyn, raised in Bedford Stuyvesant neighborhood and became a magazine publisher, businessman and philanthropist.
The property has a water fountain and formal gardens, according to www.Luxist.com which featured it as an Estate of the Day on Nov. 16, 2010 when it was first put on the market.
The deed transfer was Sept. 9 to Steven Silver, according to Westchester County records.