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West Chelsea Condo Has Barn Ceiling, Wants $5.3 Million

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This condo in West Chelsea's the Spears Building takes the idea of exposed wood ceiling beams to the extreme. It also features concrete floors and exposed brick walls, and the combination of the three elements is not unattractive. There is also, according to the floorplan, a wet bar in the corning of the enormous living room. Still, the apartment seems to have a hard time holding onto an owner. Listed yesterday for $5.295 million, it has changed hands three times since it first went on the market post-condo conversion in 1996. The current owner paid $3.4 million for the 3,033-square-foot apartment four years ago.

· Listing: 525 West 22nd Street #2A [Sotheby's]
· Spears Building coverage [Curbed]