Billionaire hedge funder Howard Marks just listed his 'Versailles in the Sky' condo for a discounted $27.5 million

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April 26, 2017 2:57 PM

It has five separate rooms overlooking Central Park.

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Oaktree Capital chairman Howard Marks has brought his eight-bedroom, 4,536-square-foot apartment back to the market.

The spread is available at a much lower price point this time around: $27.5 million.

It's the third time he's listed the full-floor unit, located at New York's 50 Central Park South and designed by Michael Smith, who also led the 2010 Oval Office makeover.

Marks, who reportedly paid close to $19 million for the apartment back in 2007, originally listed it in 2012, then again in 2015. He asked $50 million for it both times.

The luxury condo, which some have dubbed "Versailles in the Sky," has a 92-foot expanse overlooking Central Park. It's one of only 12 large condos located above the Ritz-Carlton, and resident amenities include a private lobby and an on-site gym and spa.

The apartment is now listed with Deborah Grubman, David Adler, and Paul Albano of Corcoran.

Portia Crowe contributed reporting to an earlier version of this article.

First, here's the floor plan.

The living room has Venetian plaster walls and German silver floors.

Each room boasts 10-foot ceilings.

The dining room features 18th-century-style wood panels.

Here's the intimate corner breakfast room.

Five of the apartment's rooms, spanning 92 feet altogether, overlook Central Park.

The master bedroom sits in the northeast corner of the apartment.

The master bedroom ensuite features a private library and a separate dressing room.

The entire unit measures about 4,600 square feet.

The chef's kitchen is gorgeous. It also has its own great view.