How desperate is Raymond Weil president Benny Shabtai to unload his townhouse at 870 Park Avenue? Desperate enough to cut more than $13 million off its price, apparently. The 13-room, 11,875-square-foot Robert A.M. Stern-designed mansion, which has been on-and-off the market since 2004, was listed with Paula Del Nunzio for $33 million in March 2008. Since then, Shabtai has switched brokers (he's hired Carrie Chiang) and cut the price twice, dropping it down to $26.75 million last September and then down to $19.95 million earlier this week. A floorplan and photos of the renovated spread—which features a double-height living room, spiral staircase, a paneled library, six bedrooms, and a four-passenger elevator—after the jump.
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