No one wants to rent Ivanka Trump’s Park Avenue apartment
After months of being on the market, the Manhattan pad of President Donald Trump’s daughter and advisor Ivanka Trump just won’t rent, despite three substantial price chops. The first daughter first purchased the two-bedroom, two bathroom condo at 502 Park Avenue in 2004 for $1.5 million. Upon her father’s election, Ivanka listed the apartment at Trump Park Avenue in November for $15,000 per month. In February, the price dropped to $13,000 per month. On Tuesday, the asking price was $10,450 per month, a 30 percent price cut since the presidential election, according to Bloomberg.
Ivanka and her husband Jared Kushner, a senior adviser to the president, first listed the apartment in December for $4.1 million. She also owns one of the Park Avenue building’s penthouses, which she bought for $16 million about six years ago. The penthouse apartment serves as the family’s main home when they are in New York.
According to the rental’s listing from February, the apartment spans 1,549 square feet and provides north, south and west view “city views.” It also features herringbone-patterned oak floors and beamed ceilings.
The kitchen includes classic-looking cabinetry, marble countertops, and stainless steel appliances. A few rooms boast unique blue walls, classic moldings and Italian brass doorknobs. Amenities of the building include 24 hours hotel and valet services, daily maid/ laundry service and a fitness center.
[Previous Listing: 502 Park Avenue, 6G by Nitza Shafrir Zinmarg at Trump International Realty]
[Via Bloomberg]
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All images are from a previous listing courtesy of Trump International Realty