Tour the sprawling New York penthouse that a hotel mogul is selling for $16 million
Town Commercial
Hotel mogul Ed Scheetz is looking to sell his duplex penthouse in the Soho neighborhood of New York for $15.93 million.
Scheetz reportedly purchased the property for $10 million in 2008, soon after the overdosing death of his then-girlfriend. Scheetz was sued by the family of the woman, and the case was settled privately in 2010. Scheetz has worked on the Chelsea Hotels in New York and the Hard Rock Hotel in Las Vegas, and he was formerly the CEO of Morgans Hotel Group.
First listed for $18 million in Feburary 2016 and now priced at $2 million less, the home comes complete with two bedrooms and 2,000 square feet of outdoor space. It's listed with Lori Shabtai of Town Residential.
See the home, below.
The entire property is 4,189 square feet.
There are two bedrooms ...
... one of which looks out onto one of the four outdoor terraces.
See the rest of the story at Business Insider
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