Continue Reading Below
“It’s not for everybody,” a New York City-based real estate agent told FOX Business. “Spaces like this ... just consistently take longer and longer to sell than other comparable apartments.”
The residence, on the 18th and 19th floors of the Plaza Hotel, is more than 6,000 square feet, according to Town and Country.
The living room of the corner penthouse has windows that open to balconies overlooking Fifth Avenue and Central Park. The room also has a reading nook at the back.
The dining room also has its own nook -- a bar -- and the eat-in kitchen is inspired by a French bistro, designed with black and white tile and marble, Hilfiger said in a video for Architectural Digest.
Upstairs, the apartment has four bedrooms, one decorated entirely in lilac and two others with nautical and rock 'n roll themes, respectively.
The master bedroom has its own mini-bar and two walk-in closets, and a terrace of the bedroom, beside one of the hotel's domes, overlooks Central Park.
The interior of that dome is one of the signature pieces of the penthouse. Inside it is a coffee and dessert table and murals painted by Hilary Knight, who illustrated the “Eloise” children’s books, about a girl who lives in the Plaza Hotel.
Hilfiger and his wife bought two Plaza units in 2008, which they combined into one. They paid $25.5 million and two months later relisted the penthouse for $50 million, according to The New York Times.
The penthouse has been on and off the market since then, for various prices, including its peak listing of $80 million in 2013, the Times reported. After that, the price steadily decreased.
In 2017, Hilfiger told the New York Post that he wanted to sell the Plaza penthouse because he rarely uses it. He now spends most of his time in his Greenwich, Connecticut, home instead.
When he eventually did sell the apartment to Taylor in October, the sale included about $2 million worth of art and furnishings from Hilfiger’s apartment, the Post reported.
Taylor, from Florida, is the largest single owner of car dealerships in the U.S. -- holding about 120, according to Automotive News.