The Real Deal New York

Gucci family’s Olympic Tower penthouse re-emerges on the market, with a twist

They're offering property as one penthouse or two individual penthouses
December 12, 2017 09:45AM

The Gucci sisters’ Olympic Tower Penthouse (Credit: Corcoran)

The Gucci sisters’ Olympic Tower Penthouse is on the market again, but things are different this time around: the family is still offering the entire space as one penthouse for $35 million, but they are also offering it up as two individual penthouses for $17.5 million each.

Owners Alessandra and Allegra Gucci have unsuccessfully tried to sell their penthouse for years, initially listing it at $45 million, according to Curbed. Maurizio Gucci, the family patriarch, turned the two apartments on the 50th and 51st floors into a mega-unit, which is being marketed by Sotheby’s.

Both units are duplexes and listed for the same price, but PH4 is slightly smaller than PH5—PH4 has five bedrooms, while PH5 has six. The layouts are slightly different as well, according to Curbed, which spotted the listing’s reentry on the market. [Curbed]Eddie Small