This Georgian-style home, which is surrounded by 21 acres of land on the shores of Lake Michigan, was designed by renowned architect Benjamin Marshall , best known for his work on the Drake Hotel.

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That has not come to pass, and, though he is also losing the seven office buildings he bought from Equity Office Properties in February 2007-- Deutsche Bank (nyse: DB - news - people ) has put them all on the market--he still has a major development site at Park Avenue and 56th Street, the former Drake Hotel and a handful of other impressive assets.

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The century-old, recently revamped Drake Hotel is a bohemian favourite.

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