Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Karl Lagerfeld Was Just Kidding About Selling His New York Apartment—But What About Tonight's Viewing Party?

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

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]

Karl Lagerfeld's Apartment

50 Gramercy Park North, New York, NY