Cannot afford Manhattan property: Joan Collins
London: Legendary actress Joan Collins has put her lavish New York apartment on sale because she no longer can afford to maintain it.
The 78-year-old actress, who owns four properties in the Big Apple, Los Angeles, France and London, admitted to being faced with shortage of funds to pay the monthly costs, reported Daily Star online.
The veteran actress, who earned a fortune during her stellar acting career, has put her three-bedroom apartment at the Dorchester in Manhattan up for sale for USD 2.94 million.
"We always knew that there would probably come a time when either our LA home or this one would have to go and we have made the sad decision that it will be this place.
"Many people have said to us, `How on earth can you afford to keep four homes?` And the fact is, in this day and age, we can`t," said Collins.
The house which boasts north, south and eastern views of the famous city, has three bathrooms and comes with a monthly maintenance fee of USD 3,000.