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Flatiron's Zac Posen Penthouse Returns for $9.25 Million

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Despite its famous creators—architect Morris Adjmi and fashion designer Zac Posen—super-skinny Flatiron condo building 16 West 21st Street didn't end up selling as well as expected. The 2BRs, originally supposed to be listed in the mid-$2 million-to-mid-$3 million range, ended up selling in the mid-$1 millions, and the triplex penthouse, listed for $6.315 million, was heavily pricechopped and eventually went for only $4.63 million. Perhaps prospective buyers weren't entirely taken with Posen's doll sex-themed marketing campaign and absolutely insane model unit.

The person(s) (hidden by an LLC) who bought the penthouse a mere 20 months ago is hoping that the tides have turned, however, and has put the 3,695-square-foot apartment back on the market for $9.25 million—double what he/she/they/it paid for the triplex in April of 2012. The unit, which also includes 750 square feet of terraces, isn't anywhere near as weird as Posen's model unit led to expect/hope from this building, but the motorcycle in the living room is a nicely odd touch.

· Listing: 16 West 21st Street #PH [Sotheby's]
· 16 West 21st Street coverage [Curbed]

16 West 21st Street

16 West 21st Street, New York, NY