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Three Hugely Expensive Apartments That Just Can't Sell

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In honor of the dawn of the new year and the sparkly Brighton Beach penthouse from earlier today, here are three apartments that spent the entirety of 2012 (and 2011, and 2010, and 2009...) on the market and do not appear to be leaving any time soon. First up: the penthouse in The Royal York (425 East 63rd Street), which was first listed for $5.9 million in 2007 and, after five years of not selling, has found it within itself to cut the price to $5.699 million. That extra thousand should really make a difference. We know how the owners must be feeling, though: what's the world coming to when nobody will pay upwards of $5 million for a 4,600-square-foot carnival funhouse staged terrifyingly with ventriloquist puppets and a huge bearskin rug and a curvy wall of mirrors? Oh yeah, and the monthly charges are $12,384.

? While apartment #910A in 1 Beekman Place is certainly less frightening, it is even more delusion about its own value and nothing—not even 4+ years on the market—can convince it otherwise. First listed for an astounding $13.9 million, the 3BR, 3.5BA has since been cut down to $10.5 million, still pretty astounding, especially when you consider the $17,120 monthly charges. The brokerbabble assures us that it's "One of the most spectacular properties to ever come on the market!" And stay there.

? This 4BR in the Dakota ($9,041 maintenance—we're sensing a trend here) was listed for $19.5 million in 2006. Now it's down to $14.5 million. It is, to be fair, very fancy. Not so inviting, but definitely fancy. "Four exposures but no direct Central Park view. 'The views are on the inside.'"
· That's Rather Hideous archives [Curbed]
· Pricechopper archives [Curbed]

The Dakota

629 U.S. 190, , LA 70433 Visit Website