Carl Icahn’s business success is well-documented, despite recent struggles, but his ability to sell a penthouse luxury unit in New York City continues proving troublesome.
Icahn and his wife, Gail, are relisting their unit atop the Museum Tower at 15 West 53rd Street for $23 million, the Wall Street Journal reported. The listing breaks down to $1,643 per square foot of interior space.
The eight-bedroom apartment spans the entire 51st and 52nd floors of Museum Tower. The interiors account for 14,000 square feet, while there are another 2,000 square feet worth of private terraces. Features of the apartment include a wood-burning fireplace, multiple kitchens, a double-height foyer with a spiral staircase and a private gym in the primary suite. Views are of Central Park and both the Hudson and the East Rivers.
Icahn first listed the apartment in 2019 for $35 million, before the pandemic wrought havoc on the market. After slashing the ask by $5 million, he took the property off the market in 2021.
It was a similarly long quest to put the unit together in the first place. Icahn purchased the first component of the property for less than $3.5 million in 1986. He tacked on another $3.2 million purchase in 1994, then completed the collection with a $9 million buy in 2018, a year before he listed the property.
Icahn has since moved to Indian Creek Village in Miami.
Douglas Elliman’s Patricia Vance has the listing and said the unit is “priced to sell.” Ichan has stuck to the advice of his real estate agents on how to price the property, he said.
Museum Tower was built in 1983 and designed by César Pelli. The property sits on top of the Museum of Modern Art and has 250 residences. Many sellers have slashed prices or sold at losses in recent years, stuck between a challenging market and a plethora of other luxury options that have sprung up for the wealthy, particularly on Billionaires’ Row.
— Holden Walter-Warner
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