Gisele Slashes Asking Price on Her Penthouse

by Jared Paul Stern (RSS feed)
Jul 30th 2008 at 10:01AM

Brazilian bombshell Gisele Bundchen just slashed a whopping $5 million off the original asking price on her Manhattan penthouse. The supermodel first listed the West Village spread at $10.9 million last September, then lowered the price a few times, ending up at $7.9 million before withdrawing it from the market in the spring.

Now the Wall Street Journal reports Bundchen just re-listed the pad for $5.9 million, a nearly 50% reduction. She paid almost $3 million for the modern 1,700-sq.ft. triplex with a wraparound terrace and roofdeck overlooking the Hudson River in 2002.

Meanwhile, the Journal also notes that Bundchen's beau, football star Tom Brady, has upped the price on his 3,000-sq.ft., three-bedroom apartment at the Time Warner Center. He first listed it in 2007 for $16.5 million before taking it off the market. He has now re-listed the spread at $18.29 million, about a 30% increase.

Gallery: Gisele's Penthouse

Tags: Gisele, gisele bundchen, GiseleBundchen, Manhattan, Penthouses, Real estate, RealEstate, Supermodels, Tom Brady, TomBrady

Filed under: Estates

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Reader Comments (Page 1 of 1)

kule Aug 3rd 2008 9:59PM

keep your place, what a ploy to sell it, yeicks

Linda Graham Aug 4th 2008 9:10AM

Definitely not worth the price, I used to have an apartment
similar view but not on the Hudson. For that kind of $
you should get a backyard, a couple of acres and a pool.

Brad Aug 3rd 2008 11:20PM

She payed $3 million for it wanted $10.9 million for it ??? What a stupid greedy BeItch .Hope she's Gets $1 million for it.Greedy greedy makes a hungry puppy.

heidi Aug 4th 2008 9:11AM

you couldn't pay me to live there i love my one family homes. thats the way to go in life

Alex Katz Aug 4th 2008 9:11AM

Dude you dont understand what the real estate market is like in New York City. I live in NYC and the average one bedroom in a decent neighborhood is at least a million. Real estate has gone up so much over the past few years here. In NYC standards that home is worth 11 million if not more now adays. No apartment's value remains the same over 6 years. And dont call her a bitch, she's hot as hell.