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Gucci family’s Olympic Tower penthouse returns for $35M

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It’s back as one giant penthouse, or two slightly smaller apartments

A photo from a previous listing for the Gucci penthouse.

The Gucci sisters have been attempting to sell the family’s penthouse atop Midtown’s Olympic Tower for a few years now, but haven’t had much success—not when it was first listed for $45 million, and not for $35 million one year later.

Now, the family is trying an ever-so-slightly different tactic: The penthouse has re-listed with Sotheby’s, once again for $35 million, but it’s also being offered as two individual penthouses, both for $17.5 million. Back in the day, family patriarch Maurizio Gucci turned the two apartments on the building’s 50th and 51st floors into the current mega-unit; it’s currently owned by his daughters, Alessandra and Allegra Gucci.

Even though the two apartments are both duplexes, and are listed for the same price, there are slight differences between the two; PH4 is slightly smaller, with five bedrooms versus PH5’s six.

Let’s take a look at the floorplans to get a sense of those other differences—here’s the floorplan from the combo unit:

And the individual floorplans, first for PH4:

And then for PH5:

As you can see, the layouts are a bit different—an oddly placed living room here, a circular walk-in closet there, and so on. Among the myriad amenities spread out between the two apartments are a wood-burning fireplace, a sauna, two galleries, floor-to-ceiling windows, and more.

The new listings don’t have photos yet, so the floorplans will have to suffice for now—we’ll update if and when those come in.

Olympic Tower

645 5th Avenue, Manhattan, NY 10022