The Real Deal New York

Gucci sisters knock $10M off Olympic Tower penthouse price

Fashion heiresses drop ask to $35M

June 02, 2016 10:30AM

Guccis' duplex penthouse on the 50th and 51st floors of the Olympic Tower

Guccis’ duplex penthouse on the 50th and 51st floors of the Olympic Tower (credit: Corcoran Group)

Alessandra and Allegra Gucci are discounting their Olympic Tower penthouse like it’s going out of style.

The sisters are dropping the price on their eight-bedroom, 9,500-square-foot duplex by $10 million, to $35 million, the New York Post reported.

The unit, located at 641 Fifth Avenue between East 51st and East 52nd streets, being a combination, features two of everything, including kitchens, elevators and fireplaces.

The Guccis, granddaughters of Gucci founder Guccio Gucci, first listed the apartment with Brown Harris Stevens in August of last year, but have swapped the firm out for the Corcoran Group. Charlie Attias and Sofia Falleroni are marketing the property.

The sisters’ father Maurizio Gucci bought the unit in the 1970s. Alessandra and Allegra rented it out back in 2010 at $60,000 a month. [NYP]Ariel Stulberg

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