Ricky Martin might’ve gotten a bit too optimistic about Yorkville‘s Second Avenue Subway-influenced real estate boom, as Mansion Global reports that he’s chopped the price of his condo at 170 East End Avenue from $8.4 million to $7.1 million after just five months. This isn’t the first time the Latin pop star has had trouble unloading NYC real estate; in 2012 he put his condo in Noho’s 40 Bond on the rental market for $28,000/month. In 2014, he listed it for $8.3 million, but it didn’t find a buyer until a year and half later when it sold for the reduced price of $7.55 million.
Ricky Martin moved into 40 Bond–the Herzog & de Meuron-designed Noho condo famous for its graffiti gate and green glass/green cast iron facade–back in 2007, shortly after the building was completed. He paid $5.7 million for unit 6C, which is perfectly spacious and lovely, but has had a bit of trouble getting it off his hands, first trying to rent it and then listing it for $8.3 million back in 2013. But the Post reports that the Latin pop star has finally found a buyer, who paid $7.55 million for the three-bedroom pad.