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Jennifer Lopez drops price of NYC penthouse by nearly $2M to $25M

Jennifer Lopez has dropped the price of her stunning New York City penthouse apartment.

According to The New York Post, the singer cut $1.96million from the initial $26.95million asking price of her Manhattan dwelling which has four bedrooms and 11 bathrooms. It is now going for just under $25million. 

The siren, 52, first listed the home – which is located in the Whitman building near Madison Square Park – in October 2017 but did not attracted any buyers.  

Meanwhile, the Hustlers actress has been actively house hunting with her on-again boyfriend Ben Affleck around Los Angeles amid reports they plan on moving in together soon. 

Struggling to sell: Jennifer Lopez has cut $1.96 million from the initial $26.95 million asking price of her Manhattan penthouse, which she listed back in October 2017

Price cut: The reduction in price of the stunning four-bedroom, 11-bathroom home, at the Whitman nearby Madison Square Park, came two years ago, but has yet to attract a buyer; seen in May

Price cut: The reduction in price of the stunning four-bedroom, 11-bathroom home, at the Whitman nearby Madison Square Park, came two years ago, but has yet to attract a buyer; seen in May

Lopez purchased the luxury pad in New York City for $20.16million, according to property records, obtained by The Post

While she enjoyed the penthouse’s luxurious amenities, including four separate terraces, a private elevator, a private gym in the building, an insider told the outlet she made the decision to sell after ‘realizing it wasn’t the most private place to live.’

‘It really isn’t ideal for her there,’ a source explained. 

Moving on: As the property remains for sale four years after hitting the market, the 52-year-old singer has been actively house hunting with her boyfriend Ben Affleck around Los Angeles amid reports they plan on moving in together soon

Moving on: As the property remains for sale four years after hitting the market, the 52-year-old singer has been actively house hunting with her boyfriend Ben Affleck around Los Angeles amid reports they plan on moving in together soon

The property, built in 1924, is complete with 12-feet high ceilings, a chef’s kitchen, full-time doorman, private storage and key-locked elevators. 

The listing describes the home as ‘the crown jewel of The Whitman Mansion’ as it boasts amazing views of Madison Square Park, French doors and a smart home system, which allows her to control the heating, lights and music via her iPhone. 

She and Affleck have been touring homes together, including Bob Hope’s $40 million Toluca Lake estate this month and an $85 million estate in Beverly Hills. 

Splurge: Lopez purchased the luxury pad in New York City for $20.16 million, according to property records, obtained by The Post

Splurge: Lopez purchased the luxury pad in New York City for $20.16 million, according to property records, obtained by The Post 

Privacy concerns: While she enjoyed the penthouse's luxurious amenities, including four separate terraces, a private elevator, a private gym in the building, an insider told the outlet she made the decision to sell after 'realizing it wasn't the most private place to live'

Privacy concerns: While she enjoyed the penthouse’s luxurious amenities, including four separate terraces, a private elevator, a private gym in the building, an insider told the outlet she made the decision to sell after ‘realizing it wasn’t the most private place to live’

The two seem on the cusp of moving in together after Jennifer already took steps to make LA her new permanent home.

The Out Of Sight star has been spotted touring schools in the area for her children in recent months, and they’re reportedly on board with relocating to the West Coast.

She’s normally based in Miami, where her kids can easily spend time with their father, singer Marc Anthony.

She needs to have more peace and quiet in her life: 'It really isn't ideal for her there,' a source explained

She needs to have more peace and quiet in her life: ‘It really isn’t ideal for her there,’ a source explained

A gorgeous home: The property, built in 1924, is complete with 12-feet high ceilings, a chef's kitchen, full-time doorman, private storage and key-locked elevators

A gorgeous home: The property, built in 1924, is complete with 12-feet high ceilings, a chef’s kitchen, full-time doorman, private storage and key-locked elevators

Jennifer shares two twins with her ex-husband — 13-year-old Max and Emme — while Ben has three children with his ex-wife Jennifer Garner: Violet, 15, Seraphina, 12, and Samuel, nine.

While planning for relocating her children, J.Lo has reportedly been looking forward to living with her boyfriend again.

‘Ben and Jen are spending almost every night together when they’re not working,’ an insider told Us Weekly last month. ‘They plan on moving in together very soon.’

A rare find: The listing describes the home as 'the crown jewel of The Whitman Mansion' as it boasts amazing views of Madison Square Park, French doors and a smart home system, which allows her to control the heating, lights and music via her iPhone

A rare find: The listing describes the home as ‘the crown jewel of The Whitman Mansion’ as it boasts amazing views of Madison Square Park, French doors and a smart home system, which allows her to control the heating, lights and music via her iPhone

Looking in LA: She and Affleck have been touring homes together, including Bob Hope's $40 million Toluca Lake estate this month and an $85 million estate in Beverly Hills

Looking in LA: She and Affleck have been touring homes together, including Bob Hope’s $40 million Toluca Lake estate this month and an $85 million estate in Beverly Hills

West coast: The two seem on the cusp of moving in together after Jennifer already took steps to make LA her new permanent home

West coast: The two seem on the cusp of moving in together after Jennifer already took steps to make LA her new permanent home

Jennifer and Ben have been seemingly attached at the hip ever since reconciling, 17 years after ending their engagement in 2004.

The couple recently celebrated Jennifer’s 52nd birthday on board a massive yacht as they explored the likes of St. Tropez and Capri together.

Earlier this month, Affleck sparked headlines after he wasseen seemingly browsing diamond engagement rings at Tiffany & Co with Samuel. 

She's normally based in Miami, where her kids can easily spend time with their father, singer Marc Anthony

She’s normally based in Miami, where her kids can easily spend time with their father, singer Marc Anthony

Full house: Jennifer shares two twins with her ex Marc ¿ 13-year-old Max and Emme ¿ while Ben has three children with his ex-wife Jennifer Garner: Violet, 15, Seraphina, 12, and Samuel, nine

Full house: Jennifer shares two twins with her ex Marc — 13-year-old Max and Emme — while Ben has three children with his ex-wife Jennifer Garner: Violet, 15, Seraphina, 12, and Samuel, nine

The sighting initally raised speculation that Ben will be proposing once again to Jennifer, however, a source told E! News that Ben was only at the store for a family scavenger hunt. 

‘They split into teams with his daughters on one team and Ben, Sam and his mom on the other,’ an insider told the site of the outing. 

‘They went all around the mall and into various stores crossing off each of the items they found. One of the stops was into Tiffany and they had to find something in the store. Ben walked in with his son and his mom and they quickly found what they needed and walked out. Ben held a pen and crossed it off his list.’  

It's on again: Ben has rekindled his romance with his former fiancée Lopez, 17 years after ending their engagement

It’s on again: Ben has rekindled his romance with his former fiancée Lopez, 17 years after ending their engagement 

Dazzling! Ben proposed to J.Lo back in 2002 with a show-stopping engagement ring from Harry Winston (pictured 2003 in Los Angeles)

Dazzling! Ben proposed to J.Lo back in 2002 with a show-stopping engagement ring from Harry Winston (pictured 2003 in Los Angeles)

Ben proposed to J.Lo back in 2002 with a show-stopping engagement ring from Harry Winston, now reportedly worth an estimated $12million USD (£8.8million). They split in 2003 and were pictured back together for the first time in May this year.

When Ben first asked Jennifer to marry him back in 2002, he gave her a 6.1-carat pink diamond in a radiant cut that cost a reported $1.2million USD — and it turned out to be quite the investment.

Not only is the couple back together, but the ring is also believed to be worth ten times more than it was nearly two decades ago as the price of the rare coloured diamond has soared. 

H&T Pawnbrokers expertly values the much-talked-about ring at nearly $12million USD (£8.8million), with over a 1,069 per cent sale increase since the early 2000s, PopSugar previously reported.

It’s unclear if Jennifer still has the ring from 2002, but her former publicist Rob Shuter doesn’t think she ever gave the sparkler back to her former fiancé.

‘As far as I know, Jen has never returned the ring!’ he told Access Daily. ‘So if things move forward with these two, gosh she’s already got the most beautiful ring I’ve seen. It’s absolutely stunning.’

Jennifer showed off the spectacular ring on the red carpet at the Gigli premiere in July 2003, but the couple never made it down the aisle. A day before their wedding in September of that year, they announced they had postponed the ceremony. By January 2004, it was confirmed they had split.


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