General News

Madonna sells New York penthouse at cut price

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May 29, 2013 | 3:26pm EDT

Madonna has been forced to take a price-cut on her $23.5 million (£15.2 million) New York penthouse to offload the pad after more than six months on the property market. The Material Girl bought the six-bedroom Harperley Hall home in Manhattan's Upper West Side in 2009 for a reported $32.5 million (£20.97 million), and spent millions more renovating the apartment, which takes up two storeys in the co-operative building. She struggled to attract potential buyers for the property when she listed it in November (12), and recently lowered the price to just under $20 million (£12.9 million). However, she has since agreed to hand over the keys to a new owner, business tycoon Deepak Narula, who allegedly scored the property for "considerably less" than the asking price, according to the Wall Street Journal. The place comes with views over Central Park, a library and an eat-in kitchen, as well as interior decoration by Madonna's brother Christopher Ciccone.

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