New York

More price cuts at Palazzo Chupi

Artist Julian Schnabel’s Palazzo Chupi is seeing some more price cuts. The price of the combined triplex and duplex units has been slashed to $27.9 million, which is $10.1 million less than its last listing price of $38 million, and more than $31 million less than its original asking price of $59 million. The units can be bought separately, as well. The triplex alone is going for $14.95 million, and the duplex can be purchased for $12.95 million, which is an average of $3,634 per square foot. Residents at the five-unit Palazzo Chupi, at 360 West 11th Street, include Schnabel and actor Richard Gere, who listed his home for $15 million before taking it off the market in March.

COMPANIES AND PEOPLE

Tags
New York

More price cuts at Palazzo Chupi

Artist Julian Schnabel’s Palazzo Chupi is seeing some more price cuts. The price of the combined triplex and duplex units has been slashed to $27.9 million, which is $10.1 million less than its last listing price of $38 million, and more than $31 million less than its original asking price of $59 million. The units can be bought separately, as well. The triplex alone is going for $14.95 million, and the duplex can be purchased for $12.95 million, which is an average of $3,634 per square foot. Residents at the five-unit Palazzo Chupi, at 360 West 11th Street, include Schnabel and actor Richard Gere, who listed his home for $15 million before taking it off the market in March.

COMPANIES AND PEOPLE

Tags