It certainly is a buyer’s market.  Coco Chanel’s very own retreat La Pausa is for sale and now you can purchase Karl Lagerfeld’s NYC apartment for a cool $5,200,000.  Here’s how the New York Times describes the apartment:

Spectacular residence with over 40′ of unobstructed views of historic Gramercy Park. This triple mint, loft-like, 3 bedroom/3.5 bathroom home gets extraordinary southern light and is ideal for both elegant entertaining and easy modern living. The chef’s kitchen boasts Varenna cherry wood cabinets, stainless steel countertops and a white Corian backsplash. All three bedrooms have an abundance of closets and full baths en suite. The master bedroom suite has a separate home office area with built-in bookcases, a large walk-in closet and an oversized master bath with a double vanity, a travertine sink, an oval travertine soaking tub and a separate stall shower. Other features include floor to ceiling windows facing Gramercy Park, new dark oak floors, custom built-in bookcases and a washer/dryer. This exquisite home is set directly on New York’s only private park and adjacent the Gramercy Park Hotel. Ownership in the building includes a key to the Park and access to all hotel services including valet, butler service, housekeeping, catering, room service, event planning, personal shopping, priority reservations, access to the gym and spa, and the private rooftop club.

Not bad, huh?

Images & Info: New York Times and Racked

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