After two years on the real estate market, Martha Stewart’s gorgeous Tribeca penthouse finally closed this week.
Martha bought the place for $2.953M in 1999, the same year Martha’s media empire went public. Martha’s daughter Alexis initially put the penthouse up for sale for $12.95M in 2009. Curbed reports that the new deed entered into public records today touts the final sale at $8.6M:
Check out these pics of Martha’s uber-designed modern pad:
A lot has happened in Tribeca since 1999 — lower Manhattan suffered after the 2001 9/11 attack, but in 2006 Forbes ranked Tribeca’s 10013 zip code as New York City’s most expensive.
And a lot has happened for Martha Stewart since 1999. After the media magnate was convicted of insider trading in 2004 she spent five months in a West Virginia federal prison camp. Despite speculation that this would be the end of Martha’s “omnimedia” empire, the entrepreneur (and former model) bounced back ahead of projections.
Here’s the penthouse floorplan for you real estate buffs:
