Soho penthouse sells for $10.6M despite elaborate gut renovation

Unit atop 94 Thompson Street was asking $16 million last year

94 Thompson's penthouse
94 Thompson's penthouse

The penthouse at Soho’s 94 Thompson Street, gut renovated by its owner, has sold for $10.6 million, according to records filed with the city today. Ian Tarr, the CEO of a biological science database company, had listed the property for $16 million last year, according to Streeteasy.com.

Tarr, who spends the bulk of his time in London, per a report from the New York Times, said he spent nearly as much on the custom renovation of the 3,500 -square-foot home as he did purchasing the co-op — for $4.725 million, in 2004.

The apartment was redone over the course of two years with the help of architect Victoria Blau and designer Nico Rensch, according to the Times. The unit includes 2,200-square feet of outdoor terraces, according to Streeteasy.

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Mary Ellen Cashman of Stribling & Associates had the listing, but was not immediately available for comment.

The buyer was listed only as 94 Thompson Street, Inc.