Here's a case study in how much one apartment can change in a decade. Back in 2005, the penthouse at a converted piano factory on West 46th Street went on the market, asking $3.5 million. The apartment, which was featured in the movie 9 1/2 Weeks, had the same glassy ceiling and expansive terrace, but rather frumpy decor. These days, the two-bed, two-bath apartment been modernized into a bachelor pad, owned by activist investor Carl Icahn's 35-year-old son Brett. Brett Icahn listed his home in September for $4.3 million, but no buyer bit, and the ask just dropped to $3.7 millionnot that much more than its price tag 10 years ago. In the meantime, as the News first reported, the younger Icahn has decided to rent the place out, asking $20,000/month. Wait three months, and that terrace just might be worth it.
· Rental Listing: 454 West 46th Street #PHAS [StreetEasy]
· Sales Listing: 454 West 46th Street #PHAS [StreetEasy]
· Brett Icahn, son of billionaire casino mogul Carl Icahn, wants $20K a month for his moviestar Midtown penthouse [NYDN]
· Funky Friday Listing: 9 1/2 Weeks in Hell's Kitchen [Curbed]
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