Over-the-top Fifth Avenue co-op wants $55M after slight price chop

Once asking $65 million, the apartment has since gotten a relatively minor discount

By Rachel Sugar Sep 12, 2017, 1:30pm EDT

A “domain of unparalleled luxury materials and artisanship,” this not-at-all-understated residence overlooking Central Park is back on the market, now listed at the bargain price of $55 million—which vaults it onto the list of New York’s most expensive homes for sale.

The stately apartment first came on the market in October 2015, Maison Global reports, listed at $65 million. Then, after a 15-month hiatus, the place was relisted in March of this year, asking … exactly the same price. But there seems to be a dearth of $65 million buyers at present, and so the 13-room co-op is back on the market, with an even $10 million shaved off the initial ask.

It is, to be fair, quite an apartment, located in a posh J.E.R. Carpenter-designed building at Fifth Avenue and East 66th Street. Per the brokerbabble, the “magnificently renovated” whole-floor unit combines “classic 1920s architectural details with the talents of a world-renowned architect and interior designer to create a home that is perfect for entertaining and modern day living.”

In practical terms: a private elevator leads up to the 37-foot “entrance gallery,” which, in turn, leads to a suite of “baronial” commons rooms with wood-burning fireplaces, 12-foot ceilings and Central Park views. There is, of course, a “grand scale formal dining room” — truly, what other scale would it be on? — with another fireplace and a second Juliet balcony, and a marble-and-stainless kitchen.

Each of the four bedrooms, meanwhile, has an en-suite bath, with the exception of the master, which boasts two of them. John Burger and Nancy J. Elias of Brown Harris Stevens have the listing.