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Notorious 50 Gramercy Park North Penthouse Returns to Market

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It's certainly been a long journey for the penthouse at 50 Gramercy Park North. Jon Asgeir Johannesson, a once successful Icelandic businessman had big plans to combine his simplex unit with the duplex penthouse, creating a massive 7,000 square foot apartment for a total of $24 million. After the economy took a turn for the worse, the simplex apartment was rented out to Paramount Realty. And that's when things got weird. Paramount sued Johannesson for installing "low budget" Ikea furniture and the odd case of the chewed-up chicken wings that were being dropped onto their 16th-floor terrace from the couple's penthouse. Rude!

Back in February, after some legal concerns over how he mysteriously paid off his $10 million mortgage after claiming to only have one million pounds, another Icelandic businessman bought the penthouse for $22M. Apparently he didn't love it enough to stick around and the Ikea-furnished penthouse is back on the market asking $21,400,000. Maybe another well-known Icelandic buyer could give this place a try. If she hadn't already bought in Brooklyn, that is.


· Listing: 50 Gramercy Park North PH [Corcoran]
· Jon Asgeir Johannesson Coverage [Curbed]

50 Gramercy Park North

50 Gramercy Park North, New York, NY 10010