Jennifer Lawrence sells penthouse at multimillion-dollar loss as coronavirus prompts some New Yorkers to leave the city

Fox News ^ | August 5,2020 | By Michael Ruiz

[Hojczyk]

Actress Jennifer Lawrence her Manhattan penthouse at a multimillion-dollar loss as New Yorkers flock to new ground amid the coronavirus pandemic and other concerns plaguing the Big Apple.

The 4,073-square-foot, three-bedroom condo on the Upper East Side, was last listed for about $12 million – after Lawrence bought it for $15.6 million through an LLC, according to the New York Post.

It sits atop a 30-story luxury building that boasts a “paparazzi-proof garage,” the outlet reported. The “Hunger Games” star had reportedly been trying to sell the penthouse for at least a year.

But the $3 million hit comes as some New Yorkers have been fleeing the city.

Ross Sapir, the president of Roadway Moving, a city-based moving company, told Fox Business in early June that the moving industry had been booming during the pandemic.

“I’ve never seen such growth,” he said. “[Business is] double or triple compared to any other season as far as moving out of the city.”

In addition to COVID-19, a spike in crime and protests may be leading people to leave. The city disbanded a plainclothes unit designed to get illegal guns off the streets in mid-June. There has also been a spike in shootings.

And the city moved to slash $1 billion from its police budget -- although some critics said that the cuts were basically the result of gimmicks.

[Hojczyk]

It’s the crime and taxes...

I’m surprised Fox News has not moved out....

It has to be 75 percent female

[real saxophonist]

Okay, all I saw in the headline was Jennifer Lawrence Penthouse.

[dontreadthis]

NOT coronavirus
mostly “other concerns”

[Tijeras_Slim]

When it gets down to $150K I might consider it.

[LukeL]

Think of the log cabin you could build in Wyoming or Montana for $15,000,000.00

[BenLurkin]

She is welcome to move in with into my hovel. Anytime.

[beef]

“Okay, all I saw in the headline was Jennifer Lawrence Penthouse.”

When I saw those words, I have to admit I did double take.
.

[EEGator]

Same.

[hercuroc]

Cuomo is begging the rich to come back to NY City because they pay all the taxes...says he’ll buy them a drink.

[Clavin]

https://media0.giphy.com/media/PEtL0mS2JXMBi/giphy.gif

[KarlInOhio]

It's going to get to the point where even dry cleaners will be able to afford New York penthouses.

[Miss Didi]

Some??? I have never seen more moving trucks in my life!

[sickoflibs]

Time to raise their taxes!

[BradyLS]

Yeah, it got me, too!

[Calvin Locke]

Taking the first loss is almost always the cheapest.

[alternatives?]

I hope she moves to a Democrat state.

[alternatives?]

I hope she moves to a Democrat state.

[deweyfrank]

And I would guess she’ll blame her losses on the Orange Man.

[Secret Agent Man]

She’ll move to her CA property.