A massive triplex in Tribeca’s American Thread Building that last sold in January 2015 for $10 million is back on the market—and having trouble nabbing a buyer. While the loft and building are undoubtedly beautifully designed, it has one standout feature: a Keith Haring mural composed of shoe polish and rubbing alcohol, an echo of the building’s use as an exhibit space for the School of Visual Arts. Although the price of loft was initially raised to $14 million when it reappered on the market, the Observer reports that the price tag has been lowered to the "bargain" price of $11.995 million.
The 8,000-square-foot loft occupies the first three floors of the American Thread Building on 260 West Broadway. With 26-foot ceilings, three-bedrooms, and six-bathrooms (and not to mention that Haring mural), the apartment is a beautiful fusion of modernism fused on top of turn-of-the-century architect William B Tubby’s Renaissance Revival design.
Although the Keith Haring mural is valued at $1 million, the Observer notes that any attempt to remove it from its concrete wall "would turn it into gravel." For now, would- be buyers will have to be content with just displaying the artwork as-is.