The Ritz-Carlton's ‘Versailles in The Sky’ has finally sold for $25 million, close to a 50% discount off of the original list price of $50 million in 2012. The unit was owned by Financier Howard Marks who will move into his 740 Park Avenue Co-Op which he purchased for $52.5 million in 2012. "Versailles in The Sky" is spread over 4,600 SF and features 2 bedrooms, 3.5 bathrooms, a private elevator, and full-on views of Central Park. The unit was designed by Michael Smith including hand-hammered German silver floors, Venetian plaster walls, 18th-century-style wood paneling by Feau & Cie, and an elegant chinoiserie wood-paneled library.
