Derek Lam and Jan-Hendrik Schlottmann's Gramercy Park apartment, once their chic retreat, is now up for sale, reflecting changing personal and market dynamics.
Despite being lauded in Architectural Digest for its design featuring honey-colored wood and a curated art collection, the apartment is now listed at $3.95 million.
The couple cites relocation to Paris and a shift in personal focus towards their new venture, Callas Milano, as potential reasons for selling their iconic home.
With luxury sales experiencing a 'momentary crisis,' Lam and Schlottmann's decision might also stem from a desire to downsize or adapt their living space.
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