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Real Estate

Tommy Hilfiger’s Plaza Hotel penthouse was 26% off — and still didn’t sell

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Fashion designer Tommy Hilfiger last listed his lavishly decorated Plaza Hotel penthouse for $58.9 million.Evan Joseph
A mirrored alcove off the great room displays an Andy Warhol portrait of Elizabeth Taylor, one of several works by the artist in the apartment.Evan Joseph
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The kitchenEvan Joseph
The entryEvan Joseph
Hilfiger installed vintage limestone fireplaces from England. The windows of the library overlook Central Park. Evan Joseph
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Inside a dome in the apartment, Hilfiger commissioned a mural featuring Eloise, the children's book character who lived at the Plaza. Mr. Hilfiger and members of his family are also pictured in the mural.Evan Joseph
In the formal dining room hang photos from the Truman Capote's Black and White Ball, held at the Plaza in 1966.Evan Joseph
A terrace off the master bedroom overlooks Central Park and provides close-up views of the Plaza's architectural elements.Evan Joseph
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The penthouse has great views of Central ParkEvan Joseph
The great roomEvan Joseph
A staircase to the apartment's upper floorEvan Joseph
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Hilfiger's office, with a sign that once hung in the lobby of the New York Times building. Evan Joseph
Hilfiger's son's bedroomEvan Joseph
The master bathroomEvan Joseph
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The master bedroomEvan Joseph
The master suite has his and hers closets.Evan Joseph
Hilfiger's closetEvan Joseph
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The apartment has four bedrooms.Evan Joseph
Another bedroomEvan Joseph
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The sales rollercoaster that bedeviled Tommy Hilfiger’s penthouse at the landmark Plaza Hotel in New York City has come to a halt: The fashion designer has decided to keep the home for personal use, Mansion Global has learned.

It’s the latest turn in Hilfiger’s near decade-long effort to flip the duplex unit. The four-bedroom, five-bathroom apartment atop one of Manhattan’s most iconic buildings — think “Home Alone 2” and the “Eloise” children’s books — has yo-yoed on and off the market almost since Hilfiger bought the place in 2008 for $25.5 million.

But controversy plagued those early days of the Plaza condo unveiling —including a few nasty lawsuits against the building developers from unhappy buyers plus one of the worst housing collapses in US history. The American fashion icon tried to unload the corner apartment amid the hoopla for $50 million just a few months after closing, according to listing records from the time.

While the Plaza settled, won or let the assorted suits fade into history, Hilfiger, 66, and his wife, Dee Ocleppo, spent the post-Recession years having the interiors of their home designed with lavish finishes.

The apartment encompasses one of the building’s four domed cupolas — which the designer stripped to brick from the inside and turned into a provincial-looking breakfast nook. A shelf-lined office is richly painted in black varnish, and the living room has a Andy Warhol painting of Elizabeth Taylor.

After the updates, the couple hiked the listing price to $80 million in 2013. It failed to sell and came off the market only to return again for $75 million; and then again for $68.95 million, according to listing records. The home was most recently listed in November for $58.9 million, only 18% more than the pre-renovation price.

Listing agents Oren and Tal Alexander of Douglas Elliman did not immediately respond to a request for comment.