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Picasso's Grandson's Noho Penthouse Wants $8 Million

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This elegant sixth-floor penthouse in 439 Lafayette Street is back on the market asking $7.995 million after selling for $7.19 million in October of 2010 to Bernard Ruiz-Picasso, grandson of the artist. And while it may seem odd that Ruiz-Picasso isn't hoping for more of a profit from the 4BR/3.5BA loft-like apartment, which features a "sky pavilion" on top of the 1,200-square-foot landscaped roofdeck, he's also the owner of the largest private collection of Picasso paintings, so maybe he's just not sweating it too hard. It's a shame he had to un-decorate before the listing photos were taken.

· Listing: 439 Lafayette Street #PH [Elliman]
· 439 Lafayette Street [Curbed]