Jennifer Lawrence Loses Millions on the Sale of Her NYC Penthouse

by Jeremy Spirogis
Jennifer Lawrence attends the premiere of 20th Century Fox

Superstar Jennifer Lawrence apparently has higher luck in showbiz than in actual property. Recently promoting her penthouse in New York City, the Silver Linings Playbook star needed to take a giant loss with the intention to unload the property.

Jennifer Lawrence attends the premiere of 20th Century Fox's 'Dark Phoenix'
Jennifer Lawrence | Axelle/Bauer-Griffin/FilmMagic

‘Dark Phoenix’ star ties the knot

In October 2019, Lawrence headed to the altar with artwork vendor Cooke Maroney. Holding the ceremony on the Belcourt of Newport mansion in Rhode Island, the 2 introduced their engagement simply eight months prior.

Lawrence spoke about her upcoming nuptials with Maroney throughout a podcast interview. “I definitely wasn’t at a place where I was like, ‘I’m ready to get married,’” Lawrence revealed on Naked With Catt Sadler. “I just met Cooke and I wanted to marry him … We wanted to commit fully.” 

Admitting she was “too lazy to be neurotic,” Lawrence was in a position to decide the requirements straight away. “I like saw a dress I liked. I said, ‘Oh, that’s the dress,’” she defined, in accordance with the Hollywood Reporter. “I saw a venue, and I was like, ‘Cool, we got the venue.’” A-list company for the occasion included Adele, Amy Schumer, and Emma Stone.

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“I want to legally bind him to me forever,” Lawrence mentioned. “And fortunately the paperwork exists for such a thing. It’s the greatest. You find your favorite person on the planet and, you’re like, ‘You can’t leave!’ So I wanted to take that offer.”

Jennifer Lawrence’s Upper East Side penthouse

According to Architectural Digest, Lawrence purchased her sprawling Manhattan penthouse on the Upper East Side in August 2016 for $15.6 million. The lavish dwelling included three bedrooms, four-and-a-half bogs, a proper eating space, and two lounge areas. Measuring at 4,073 sq. toes with a further 3,000 toes outdoor, the luxurious property provided 360-degree views of town with floor-to-ceiling home windows.

Variety launched some images on the two-story dwelling, which boasted a customized constructed kitchen inside in addition to an out of doors kitchen full with built-in grill and ping-pong desk.

Known as The Laurel in NYC’s Lenox Hill, the 30-story constructing comes with facilities anticipated in a luxurious advanced. Perks included a concierge, two-story fitness center with a lap pool, sauna, steam room, theater, recreation room, and paparazzi-proof storage. Charges for these advantages totaled over $5,700 month, and including on taxes and insurance coverage, Lawrence apparently determined it wasn’t definitely worth the price ticket.

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JLaw takes a monetary hit

Lawrence has been procuring the big-ticket property since July 2019, when she listed it for $15.45 million. According to Top Ten Real Estate Deals, she quickly lowered the worth to $14.25 million and caught with $12 million in November.

Variety reviews that tax data filed in late July reveal Lawrence offered the penthouse for $9.9 million. Calculating different charges like closing prices, the Oscar winner took over a $5.7 million loss on the sale.

Perhaps Lawrence wished to simplify her life or downsize her house. The Passengers star has at all times gravitated in direction of life outdoors of Hollywood, telling Vogue in 2013 that she nonetheless wasn’t used to fame.

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“I am just a normal girl and a human being, and I haven’t been in this long enough to feel like this is my new normal,” Lawrence mentioned. “I’m not going to find peace with it.”

With a reported internet price of $130 million, Lawrence is most probably taking the loss in stride.

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