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Last week, Karl Lagerfeld put his New York City Gramercy Park apartment on the market for $5.5 million—which is about $1 million less than he paid for it in 2006. Internet mayhem ensued. Today Lagerfeld tells WWD that he's taking the property off the market.
“I never heard anything about such a price, nor has my business manager,” Lagerfeld said. "“We live in a time beyond truth. Today, you can put anything on the ’Net and you don’t even have to excuse yourself when it’s not true.”
Hm. Well, Lagerfeld might want to have a word with his broker, then, because apparently there's a book reading-slash-cocktail party scheduled to take place at the space this evening. It's "meant to show off the property to a crowd instructed to dress 'Chanel chic,'" reports our sister site Curbed NY.
· House proud [WWD]
· On Second Thought, Karl Lagerfeld Not Selling Gramercy Apartment [Curbed NY]