Architect Charles Gwathmey and 240 Centre Street
The only apartment ever designed by architect Charles Gwathmey went down in price from $19.95 million to $16.75 million, a 16 percent cut. The property is the Police Building at 240 Centre Street in Soho, and is being sold by ex-Bear Stearns COO Alvin Einbinder. Gwathmey renovated the one-time NYPD gymnasium into a barrel-vaulted, four-bedroom, 6,600-square-foot apartment. It first came on the market in May 2008, asking $30 million, and is being listed by the Corcoran Group.
[Curbed]