A duplex condo at the Time Warner Center, a mega mixed-use development in Manhattan’s busy Columbus Circle, has come back onto the market for $21 million.
The 3,491-square-feet residence had a loftier price tag of $35 million in 2014 when it was listed with the Corcoran Group. Before Corcoran’s listing was taken off the market in August 2016, the price was already dropped to $24.75 million, listing records on StreetEasy show.
It was relisted by CORE for the new price last Friday.
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Accessible by a private elevator, the duplex has three bedrooms, three-and-a-half bathrooms, a chef’s kitchen with Norwegian walnut paneling and expansive living and dining rooms.
"The home boasts unobstructed sweeping views of Central Park to the east and the Hudson River to the north from every room," said Emily Beare, who’s handling the sale with colleague Jessica Chestler.
CORE declined to comment on the price reduction and the seller’s identity.
The seller, listed as Mikimmos NY LLC in property records, purchased the residence for $17 million in 2012 from Pacific American Corp., an affiliate with HNA Group, a Chinese conglomerate that has been aggressively ridding of its New York real estate investment.
Pacific American and its executive Xiao Feng Chen, son of Chen Feng, founder and co-chairman of HNA Group, snapped up the property for $15.5 million in 2010.
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The apartment previously served as a temporary residence for Russian politician and businessman Andrey Petrovich Vavilov and his wife, actress and dancer Mariana Tsaregradskaya. They bought the apartment for $13 million in 2007 via a limited liability company TW70B, INC., according to property records and a report in the New York Times.
Designed by renowned architect David Childs of Skidmore, Owings & Merrill and completed in 2004, Time Warner Center includes twin 80-story towers with shopping, restaurants, the headquarters for Time Warner and CNN, and the residential condominium.
Other amenities residents can enjoy include full-time doorman, concierge and security, garage, fitness center, landscaped roof deck, screen room and indoor pool, spa and health club at the neighboring Mandarin Oriental Hotel.