Nobody wants to buy this $7.5 million duplex being sold by the former CEO of Equinox

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Harvey Spevak, former CEO and current executive chairman and managing partner at the boutique fitness chain Equinox, has been trying to sell his condo in New York's Park Imperial tower condo since 2011.

First listed unsuccessfully for $11.995 million that year, the home later went off the market for some time. Then, in Feburary of this year, it returned for $9.5 million before being lowered further to $7.5 million in September, Curbed reported.

The duplex — two properties that Spevak and his wife, Rhonda, purchased separately for $2.5 million and $2.95 million — were combined to make a single, 2,954-square-foot duplex.

See the space, which is on the market with Corcoran, below. 

The Park Imperial is in Midtown Manhattan, on West 56th Street and 8th Avenue. The building's more famous residents have included Daniel Craig and, in 2010, the fugitive tech CEO Jacob "Kobi" Alexander.

Corcoran

Source: Curbed



The condo was once two separate units, the first of which the Spevaks purchased in 2005. They purchased the second in 2008. The couple combined the two spaces into one, 2,954-square-foot duplex with the help of architect Ismael Leyva.

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There are four bedrooms ...

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See the rest of the story at Business Insider

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