Kevin Merrigan at Northrop & Johnson sends news overnight of a major $7 million price drop on his central listing, the 51.2m motor yacht Gallant Lady.
Built by Feadship and delivered in 2007, she's one of the most environmentally friendly yachts afloat - her owner is a founding member of the Seakeeper’s Society and she was built to reflect their longstanding commitment to protecting and restoring the world's oceans. She incorporates a number of innovations including a bio-reactive waste sewage treatment plant.
The use of hi-tech lightweight materials in her construction gives her a very shallow draft compared to other yachts of her size and quality, increasing her cruising capabilities.
Her John Munford interior is influenced by eighteenth and nineteenth century French and Italian antiques and showcases beautiful woods ranging from black walnut, sycamore, eucalyptus and myrtle burl. Stunning glasswork artfully combined with seventeen granites and marbles create the feel of romantic elegance. Custom-made Edward Fields carpets and silk panels accentuate luxurious textures throughout the yacht.
Lying in Fort Lauderdale, Gallant Lady is down from $49.5 million to $42.5 million.