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UWS penthouse designed by Memphis Design founder Ettore Sottsass gets a price cut

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The triplex, once asking $19 million, has gotten a huge discount

Courtesy of Corcoran

More than a year after it first hit the market, an Upper West Side penthouse designed by a Memphis design legend is back—and with a significant price cut. A 5,377-square-foot triplex penthouse atop the Hotel des Artistes, the brainchild of Italian designer Ettore Sottsass (considered to be the godfather of the design movement), is now asking $11.995 million. When it first listed in 2017, it was asking a whopping $19 million.

The home is being sold by Italian entrepreneur Jean Pigozzi, who purchased it in 1986 when it was still “really weird,” as he told Bloomberg last year. So he commissioned Sottsass to give the place a makeover, and per Pigozzi, the Italian master “designed 100 percent of everything… Every table, every sofa, every book shelf, every sink, every doorknob.”

But it also has its quirks—not everyone is a fan of Memphis, after all—and the layout is somewhat challenging. According to the New York Post, Corcoran broker and Million Dollar Listing New York star Steve Gold, who’s repping the property, helped “streamline the works to make the spread more navigable for potential buyers,” though the how of that isn’t specified.

The apartment has three bedrooms, including a master suite with its own dressing room and kitchenette; five bathrooms, one of which is also outfitted in teal tile; a study with three exposures; enormous ceilings; and a double-height, extra-long great room that’s covered in colorful pieces of art. (That space is also where Pigozzi threw some real ragers, with guest lists that included Mick Jagger, Michael Douglas, and other A-listers.)

There’s also a quirky curved solarium on the roof, and plenty of pops of color throughout. For those who are devoted to the playful ’80s movement, this could be the opportunity of a lifetime—especially with that big discount.

Hotel Des Artistes

1 W 67th St, New York, NY 10023 Visit Website