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On the Market: 11 Spring Street Penthouse, $17.95m

The heart-stopping news that the triplex penthouse at Nolita's legendary 11 Spring Street has just hit the market offers three reasons for reflection and contemplation:

1) Asking $17.95 million for 4,600 square feet (including the top level, which is very nearly all outdoors space). Why have we not found a spouse with her own hedge fund yet? (Interested suitors, please use the tipline.)

2) Interior layout, per the floorplan presented after the jump, looks cramped, but the new renderings of the makeover by architect Edward Asfour (above) look spacious. Either way, it's not as glorious as the floorplan for the floors that News Corp. scion Lachlan Murdoch created for himself and his family—before he fled for Australia and put 11 Spring back on the market back in 2006. Also NB the facade fully stripped of street art—still wishful thinking, we'd wager.

3) Speaking of Lachlan Murdoch, it's worth recalling that he paid $5.25 million for the whole damn building in 2004 before flipping it to these developers last year. Observes a Curbed tipster, "I think the whole building sold for $12 million back in 9/06 (asking was $14.75M). Nice profit if they can sell @ $3900/SF!" Indeed.

· Listing: 11 Spring Street Penthouse [Corcoran]
· Floorplan Porn Deluxe Edition: Lachlan's 11 Spring Street Dreams [Curbed]
· 11 Spring Street Going Condo [Curbed]
· Lachlan's 11 Spring Street Hits Market [Curbed]
· [Curbed]

11 Spring Street

11 Spring Street, New York, NY 10012