Glorious History Can't Stop Apartment From Losing $5M in 2 Months

998fifth4A century ago, the 12-story limestone palace 
at 998 Fifth Avenue was the first building 
to make apartment living less of a shameful 
affair for the fanciest families. But now it's 
dealing with some shame of its own: 
the building's 5,000-square-foot maisonette 
hasn't been able to sell, forcing it to 
PriceChop by $5 million in only two months 
on the market. The apartment, which also boasts a private 
999 Fifth Avenue address and some fresh listing pics, was 
asking $24 million in November, for its original sconces, 
wood paneling, and restored Tennessee marble floors. If there's 
any apartment out there with a shot at getting its $24M ask, we'd 
have put our money on this one. But after one chop to $21.5 million 
and a second cut yesterday, the ask is now a mere $19 million
We don't think this means the board will be letting the riffraff in, 


Popular posts from this blog

NYC Sales Market Strengthens in April!!

Anne Eisenhower Finds Buyer for Her $35M Southampton Estate