Karl Lagerfeld’s Gramercy Park Pad Officially For Sale

There's been a lot of speculation around Karl Lagerfeld's supposed digs at 50 Gramercy Park North. Well, the mystery has been solved, at least for now, as the fashion designer's home is now for sale for $5.2 million. Karl's 2,151-square-foot apartment was originally listed for $6.5 million, which suggests that even high-end designer Karl Lagerfeld must discount his goods sometimes. View the listing.

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There's been a lot of speculation around Karl Lagerfeld's supposed digs at 50 Gramercy Park North. Well, the mystery has been solved, at least for now, as the fashion designer's home is now for sale for $5.2 million. Karl's 2,151-square-foot apartment was originally listed for $6.5 million. <a href="http://streeteasy.com/nyc/sale/625122-condop-50-gramercy-park-north-gramercy-park-new-york" target="_blank">View the listing</a>.
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Here, the Chanel creative director is with Vogue's Anna Wintour. Lagerfeld is selling his Gramercy home for quite a loss, which suggests that even high-end designer must discount his goods sometimes.
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Karl supposedly listed his crib at the end of July, but then rapidly pulled the property from the market and assured the eager public that he had no intention to sell his home. Looks like Karl had a change of heart.
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The designer's home boasts floor-to-ceiling windows facing Gramercy Park, new dark oak floors, custom built-in bookcases, and a washer and dryer (though we assume Karl has someone wash his fancy duds for him).
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A view of the master suite that features a separate home office area with built-in bookcases and a large walk-in closet (of course). The home comes with a total of 3 bedrooms and 3.5 baths.
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Not pictured in the listing photos is the chef's kitchen that includes Varenna cherry wood cabinets, stainless steel countertops and a white Corian backsplash.
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The impeccable digs features over 40 feet of unobstructed views of historic Gramercy Park. Ownership of this classy pad includes the very coveted key to Gramercy Park, New York's only remaining private park.
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