Justin Timberlake and Jessica Biel Willing to Sell Manhattan Penthouse at a Loss With Latest Price Cut

Justin Timberlake and Jessica Biel Willing to Sell Manhattan Penthouse at a Loss With Latest Price Cut

Published: October 25, 2018 | By: American Luxury Staff

Justin Timberlake and Jessica Biel have had their penthouse in Soho Mews up for sale since late last winter, but no luck on finding a willing buyer. The couple had been marketing the home at a little less than $8 million against the $6.58 million they shelled out for it in 2010. A recent price reduction sees the unit priced at $6.35 million, however.

The reason for the sale? Superfluity leaps to mind, as the couple bought into the high-fashion building 433 Greenwich late in 2017 to the tune of $20 million. Another reason may be that Soho Mews has been a somewhat troubled beast from the start; near-foreclosure before completion in the late 2000’s, unable to sustain the limited cachet it managed to accumulate in the early 2010’s, and pretty far south. As an investment, the architecturally unremarkable building may have somewhat limited potential.

Unremarkable without, but not entirely unremarkable within—at least as far as Timberlake’s unit is concerned. While the unit’s 833 square-foot concrete terraces feel a little Eastern Bloc, the glassy home is blessed with pleasing satin-finished plank flooring, and a bit of maple accent paneling that gives it a vaguely Scandinavian style feel inside. The shared living area isn’t quite open concept, with partial demarcation giving the unit some room-to-room definition.

The master suite is corner-situated, of course, and offers a glassy living style with nice city-scape context. The master bath presents the expected sense of arrival in a high-end unit: marble, and lots of it, and an elevated soaking tub in the window with an automated curtain for privacy.

Timberlake is currently on the road with his ax; his ‘Man of the Woods Tour’ extends deep into the coming winter.

   
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