Who needs a shiny new development when you can have a penthouse in the highly sought-after Sutton Place neighborhood that has brag-worthy qualities like soaring coffered ceilings, a solarium, and terraces on all four sides.
But for some reason, it just can’t seem to sell. The apartment at 345 East 57th Street first appeared on the market a year ago, asking $6.5 million. Then it was briefly taken off the market in December after a price cut to $5.9 million. Now it’s back, hoping the third time is a charm, and that an avid fan of Edith Wharton novels drops in with $5.1 million in her pocket.