Murphy Cuts House Price By $15 Million

EDDIE MURPHY is suffering in the global economic downturn - he's been forced to slash the asking price for his home by $15 million (£10 million).
The Shrek star put his New Jersey estate on the market almost five years ago, with a price tag of $30 million (£20 million).
The property, which boasts a bowling alley, theatre and recording studio, failed to sell - and the price has now been cut by half, according to the New York Daily News.
Real estate broker Dennis MCCormack says, "It's a beautiful house and 10 minutes from Manhattan. The home was recently renovated and I listed it three weeks ago."


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