Ex-Fox CEO Roger Ailes Cuts Price On New Jersey Home by 11%

Former Fox News CEO Roger Ailes appears to be looking for a quick sale on his longtime Cresskill home, trimming the price by 11 percent after a mere three weeks on the market.

The architect of Fox News was forced out of the network amid a slew of sexual harassment allegations last year, and he was just hit with another lawsuit Monday. Ailes, who reportedly got a $40 million golden parachute when he left, listed the home March 9 for $2.25 million and cut the price to $1.995 on Friday, according to its Trulia.com listing.

The 76-year-old Ailes and his wife Elizabeth, 56, bought the brick ranch home on an acre of land in 2000 for $1.85 million, shortly before the birth of their only child Zac. The four-bedroom, 3,500-square-foot home, built in 1983, features a sunken living room, frescoed ceilings in the entry hall and dining room, a glass-roofed sunroom, and a lower level walk-out to the pool and park-like backyard. Property taxes are $40,240 a year.

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SOURCE: Vicki Hyman