Chart-toppers and songwriters (and Selena Gomez squeeze) Benny Blanco is making some money-making moves to get rid of his three-bedroom Manhattan loft — and is reducing the price of the stunning home by nearly a quarter of a million dollars.
Blanco, real name Benjamin Joseph Levinhas owned the picturesque Chelsea property for some time; records show he purchased the 22,000-square-foot home in 2011 for $3,445,000.
He originally listed the house for sale in May with an asking price of $3,995,000. But after three months of no buyers, Blanco is now taking steps to make the property more attractive – by lowering the price to $3,750,000.
The price reduction would significantly reduce the potential profit Blanco hopes to make on the house, especially given that he invested a lot of money in a complete renovation of the property after purchasing it.
As part of the renovation, Blanco added stunning contemporary finishes and created a more versatile layout throughout the home.
(Instagram / Selena Gomez)
(Realtor.com)
(Realtor.com)
(Realtor.com)
It is now highlighted by a dramaThe grand foyer and gallery-like hallway lead to a sunny, open living and dining area with airy 11′ ceilings and 7′ windows.
The large living area features an all-white, open kitchen, the highlight of which is a dining peninsula and first-class stainless steel appliances.
All bedrooms were designed to Blanco’s taste. The master bedroom is entered through 9-foot-tall white oak doors and features a walk-in closet, windowed desk area and a striking black and walnut bathroom.
A second bedroom has an en-suite marble bathroom and custom built-in furniture, while the third bedroom is used as an office with built-in white oak bookshelves and a Murphy bed for guests.
The Chelsea Mercantile is a historic building on Seventh Avenue, built in 1908 between West 25th and West 24th Streets. It originally housed a clothing mail-order company called The National Cloak and Suit Company, which manufactured, packaged, and shipped garments.
(Realtor.com)
(Realtor.com)
(Realtor.com)
(Realtor.com)
Today it is an upscale residential building with amenities such as a 24-hour doorman, concierge, garage, fitness center, 10,000-square-foot landscaped rooftop deck, children’s playroom, valet parking and conference room.
As the name suggests, it is located in the Chelsea neighborhood, which is famous for its art galleries, trendy restaurants and, above all, the famous High Line Park.
Blanco, 36, rose to prominence when he was approached by songwriter and producer Dr. Lukas. Blanco has collaborated with, written for and/or co-produced hit artists including Ed Sheeran, Justin Bieber, and the already mentioned Selena Gomez.
He is responsible for 29 chart-topping songs and has received numerous awards, including five BMI Awards for “Songwriter of the Year” and the iHeartRadio Award for “Producer of the Year 2017”.
