Justin Timberlake and Jessica Biel have suffered a loss on their lavish New York penthouse after being forced to drop the price four times since listing the home in March this year.
The 37-year-old Grammy Award winning singer and his Hollywood heavyweight wife, 36, have now sold the three bedroom Soho Mews apartment for $6.35 million, yet purchased the pad for $6,567,713 in 2010.
The couple's $200,000 loss will no doubt come as a blow as they splashed out a cool $20 million last year for their new home down the road, a penthouse in the celeb-packed Greenwich Street in New York City, living alongside the likes of Harry Styles and Jennifer Lawrence.
Sold: Justin Timberlake and Jessica Biel have made a loss on their lavish New York penthouse after being forced to drop the price four times since listing the home in March this year
The couple, who are the parents of three-year-old son Silas, initially put the 2,600-square-foot home up for sale for $7.995million in March, but dropped the price four times over seven months, for a total reduction of $1.5 million.
TMZ reports the pair first reduced the price of the property by $1 million last spring, in two separate $500,000 increments, then, in July, he slashed the asking price by another $245,000, bringing it down to $6.75 million.
Last month there was a $400,000 price reduction, bringing the asking price down to $6.35 million, which did the trick in shifting the property.
Slashing prices: The couple, who are the parents of three-year-old son Silas, initially put the 2,600-square-foot home up for sale for $7.995million in March, but dropped the price four times over seven months, for a total reduction of $1.5 million
The home is based atop a complex designed by celebrated architect Gwathmey Siegel, and comes with three bedrooms and 3.5 bathrooms, while an 850-square-feet terrace wraps around three sides of the building.
A spacious living area offers plenty of space to relax and unwind, with upholstered leather chairs and sofas stationed on either side of a large coffee table.
Floor-to-ceiling windows offer stunning views across downtown Manhattan, while adding light and space to the property's already sizeable floor-space.
Sleep well: Its three bedrooms all feature prominent views across downtown Manhattan, thanks to an array of large windows
The basics: Minimalism is a recurring theme, with the rooms relying on tasteful decor and limited homewear
Stylish: The home is based atop a complex designed by celebrated architect Gwathmey Siegel, and comes with three bedrooms and 3.5 bathrooms, while an 850-square-feet terrace wraps around three sides of the building
Let's eat: The dining room sits adjacent to an open plan kitchen, while stark white walls add to the apartment's minimal theme
Three's company: A trio of identical chairs occupy a space before to the clean and modern kitchen's breakfast nook
With bare white walls and custom wood paneling featuring throughout, the apartment has a sparse, minimalist look, underscored by its polished, clinically white kitchen and adjacent dining room.
The kitchen also features Valcucine cabinetry, a built-in refrigerator and oven and plenty of room for wine storage.
A small breakfast nook, occupied by three chairs, provides additional seating space, while floor-to-ceiling windows once again offer enviable views of New York.
Luxurious: A spacious living area offers plenty of space to relax and unwind, with upholstered leather chairs and sofas stationed on either side of a large coffee table
Room with a view: Floor-to-ceiling windows offer stunning views across downtown Manhattan, while adding light and space to the property's already sizeable floor-space
Added perks: The building also comes with a concierge, private parking and its very own fitness studio
Those hoping for a better glimpse at the city can do so by virtue of its three concrete terraces, accessible through a series of glass paneled doors.
In one of the 3.5 bathrooms, a white marble bath offers a stunning focal point, with polished white surfaces once again adding to the apartment's clinical feel.
The building also comes with a concierge, private parking and its very own fitness studio.
Chic: The kitchen also features Valcucine cabinetry, a built-in refrigerator and oven and plenty of room for wine storage
Man of the wood: Custom wood paneling is also a prominent feature throughout the apartment
Whilst the pair won't be delighted with their $200,000 loss, the duo's finances won't take too much of a hit.
According to Celebrity Net Worth, Jessica's net worth is about $18 million (£13.6m) and she continues to make a steady stream of income through her various acting and producing roles, most recently starring in The Sinner.
Meanwhile, Justin is said to have a net worth of $230 million (£163m), and in 2015, he was the 19th highest-paid celebrity, according to Forbes.
Bathe with a view: A free-standing white marble bath serves as a focal point in one of the apartment's 3.5 bathrooms
Minimalist: The smaller bathroom features clean and minimalist wood panelling throughout
A breath of fresh air: Those hoping for a better glimpse at the city can do so by virtue of its three concrete terraces, accessible through a series of glass panelled doors
Alongside his music, Justin has also generated income from his movie appearances. Between the years 2010-2013, the singer appeared in eight films, more films than Tom Cruise, Julia Roberts and Meryl Streep.
He also has several business ventures that include a clothing brand, William Rast; audio technology company, AfterMaster, of which he is a co-owner, and a tequila company, Sauza 901.
Justin's fame also led to several high-profile company endorsements and ad campaigns. He was the face of Givenchy in the late aughts and early 2010s and was named as the Creative Director for Bud Light in 2013.
Bustling: The building sits in a central and bustling part of the Big Apple, favoured by tourists and well-heeled residents alike
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Main photo article Justin Timberlake and Jessica Biel have suffered a loss on their lavish New York penthouse after being forced to drop the price four times since listing the home in March this year.
The 37-year-old Grammy Award winning singer and his Hollywood heavyweight wife, 36, have now sold the three...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
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