The Real Deal New York

Fashion designer Derek Lam buys Gramercy Park pad for $4.8M

He recently sold his Soho triplex

May 22, 2014 12:35PM

50gramercyparknorth5a

50 Gramercy Park North

Fashion designer Derek Lam is moving to Gramercy Park. Shortly after selling his Soho loft, he closed on a three-bedroom condop at the 17-story building at 50 Gramercy Park North for $4.8 million.

Corcoran Group broker James Morgan represented Lam, while Douglas Elliman brokers Paige Neuhauser and Kirk Rundhaug represented the seller, the New York Daily News reported. The apartment features floor-to-ceiling windows, room service and access to the gym.

Lam and his partner Jan-Hendrik Schlottmann unloaded their three-bedroom triplex at 92 Greene Street for $5.25 million in the past month, as previously reported. Lam and Schlottmann purchased the property for $4.65 million in 2011. [NYDN]Mark Maurer

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