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Justin Timberlake Takes a Loss on $4.7 Million Tribeca Condo

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Justin Timberlake has had his penthouse at Soho Mews for months now, but he had one loose end to tie up?the sale of his old place, a 3,000-square-foot apartment at Tribeca's Pearline Soap Factory. That sale has now closed, the Journal reports, for $4.7 million. It's a number that calls Timberlake's real estate skills into question again, because he paid a slightly higher $4.77 million for it in 2008 and was hoping to resell at a profit, with an initial asking price of $5.25 million.

· Condo Goes Around for Timberlake [WSJ]
· Justin Timberlake coverage [Curbed]

Pearline Soap Factory

414 Washington Street, New York, NY