Fashion bigwig sells townhouse for $36M after two price cuts

A designer known for his work with Tiffany & Co. and Coach shaved off $6 million — again — from the asking price of his Lenox Hill townhouse to close the sale. Reed Krakoff and his wife Delphine sold their six-story home at 54 East 64th Street for $36 million after more than a year on the market, according to property records. The buyer, whose identity is hidden behind an LLC, closed on the property