We show you the apartment for sale of Justin Timberlake and Jessica Biel, a spectacular property that has dropped in price by a million and a half dollars.
The most common guideline in the real estate sector is to value a property before going on the market, according to the average of the surrounding properties, applying comparative parameters in the form of percentages. In other words, if the compared property has better finishes, a better location or less age, an upward factor per square meter is applied. But none of this works when there is a rush to sell, as is happening to the famous Justin Timberlake and Jessica Biel with their apartment in Soho, New York.
Last year (2017), the couple bought an attic in the anti-paparazzi building at 443 Greenwich Street, which we’ve already shown in this post and where stars like Meg Ryan or Jake Gyllenhaal reside. Timberlake bought this property for about 20 million dollars (17.56 euros) and he did it (according to the North American press) through a Limited Liability Company, the same with which he bought the property that he now has for sale, very ready.
Now that they have a wonderful and luxurious property to reside in, the couple has come in a hurry to sell the “other” penthouse, the one located in Soho Mews, which was released for a not inconsiderable price of $ 7.99 million (7.16 euros) but it has recently lowered its value to 6.35 million (5.58), less, even, than the value for which it was purchased in 2010, about 6.5 million dollars (5,70 euros). Well, to be honest, after living eight years on it, getting it down a bit is no drama.
But… why would someone want to buy Jessica and Justin’s apartment? For someone who is a follower of the ex-model and actress or the American singer and businessman, motivation will not be lacking. Attractive business seems also for investors who want to own a property in a building where there are owners such as actress and producer Jessica Chastain or hotelier Vikram Chatwal, it will, of course, be a perfect incentive.
Now, if the reason for the purchase is to reside in it, some of its strengths will be its great location, very close to the most exclusive shops in Manhattan and all its amenities. Thus, the penthouse has 240 useful square meters, three bathrooms, a toilet, three beautiful bedrooms and an 80 square meter terrace that surrounds almost the entire property (three sides).
The property is located within a complex called Soho Mews, consisting of two buildings of nine and eight floors, with the main entrance at number 311 West Broadway and rear by Wooster Street, and joined by a 372 square meter interior patio, designed by the PWP Landscape Architecture studio. The construction was carried out during the first years of this century, ending in 2007, thanks to the good work of the Gwathmey Siegel & Associates Architects studio.
The promoters, United American Land, indicated to the designers that the complex should have 16,258 square meters of useful surface, of which 465 are for retail and the rest for residential use, which includes (obviously) 68 luxury apartments and a Underground parking, with direct connection to the houses by private elevator, for something they are luxury apartments. In addition, part of the property is dedicated to a state-of-the-art gym, it has a 24-hour doorman and concierge and idyllic views of New York.
The design of the façade is simple and effective, presenting a two-material envelope: aluminum in light tones that solves the protection of the structural elements and glass that make up the carpentry from the floor to the ceiling, with three different typologies: transparent, frosted and fried. According to the designers, it is intended to pay tribute to the evolution of the historic district of Soho, famous for its factories, before they were renovated to house apartments.
The penthouse for sale is 3 meters high from floor to ceiling, which implies an expensive replacement of light bulbs (bad joke), allowing extraordinary views thanks to the large carpentry. Inside, luxury that can be enjoyed in the form of a gas fireplace, personalized wooden panels or, best of all, curtains with the Crestron electronic system, allowing fantastic control over the light that enters from the outside and, of course, regulating the comfort of the living place.
The kitchen is signed by the architect himself, Mr. Gwathmey Siegel, with furniture from the Italian house Valcucine in fluted elm and smoked glass, granite by Stone Source, refrigerator and wine cooler by Sub-Zero, oven and dishwasher by Miele, and Gaggenau stove and range hood. The main bathroom is covered in marble, which hides a radiant floor, a Kaldewei brand Vaio Duo oval bathtub, glass frameless shower, accessories by Lefroy Brooks and vanity unit by Valcucine.
All the bedrooms have their own bathroom, and although the main bedroom is the “number one”, the others cannot complain, given that they have (almost) the same features. The flooring of the house is made of oak wood, covered, in part, by thick rugs to be able to be, “comfortable no”, the following. In short, we do not know if the couple of jacks will miss this property, what we do know is that they need to sell, and whoever wants a dream life in Manhattan (and can afford it) has a golden opportunity to buy this jewel real estate.