Tuesday, December 15, 2009

Richard Gere sold his West Village Apartment

Richard Gere has just sold his apartment in West Village for $11 million. Mr. Gere bought the apartment in fall 2007 as the luxury market was approaching a peak, but Gere never moved into his full-floor home at 360 West 11th Street, he showed little interest in his Chupi pied-à-terre.
The apartment has nearly 3,500 square feet of space, including four bedrooms, along with a small balcony and two larger terraces connected to the apartment by French doors. He put the apartment on the market in April 2008 for $17.995 million,and the following October, in the midst of the financial crisis, cut the price to $15 million, but didn't find his buyer till this November and after significant price cut,$1 million less than was paid for it.

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