It’s been more than six years since Equinox CEO Harvey Spevak first listed his impressive condo within Midtown’s Park Imperial tower, but the apartment just can’t seem to attract a buyer. After spending some time off the market, the home has been relisted for a couple million dollars less than its most recent asking price.
When the four-bedroom, 3.5 bathroom home first appeared in 2011, it came with a steep $11.995 million price tag. Despite receiving a classy “reinterpretation” by Jeffrey Bilhuber, there weren’t any takers. In February of this year, the apartment returned for $9.5 million, and still had no luck.
This time around, the 2,954-square-foot duplex is listed for an ever-so-slightly more modest $7.5 million. The designer space is actually a combination of two units that Spevak and his wife, Rhonda, purchased in 2005 and 2008 for $2.5 million and $2.95 million, respectively, before merging the units into one.
As for the space itself, it has floor-to-ceiling windows that offer views the city’s skyline, dramatic columns, lacquered and hand painted walls, a chef’s kitchen with high-end appliances, marble bathrooms, and a plethora of storage space throughout.