Fire sale! Manhattan penthouse of indicted Fyre Festival founder, 26, goes on market for $7.5m after the disgraced entrepreneur stopped renting it for $25k-a-month
- William McFarland's home in the Meatpacking District is up for sale by owner
- The Fyre Festival co-founder is facing multiple legal battles in the wake of April's disastrous music event that got cancelled
- It is unknown why the he is vacating his 10-room, three-bedroom condo
William McFarland was the founder of the disastrous Fyre Festival in April alongside rapper Ja Rule
The Manhattan penthouse of William McFarland, 26, the entrepreneur who founded the disastrous Fyre Festival, is on the market for $7.5million.
In June McFarland was arrested on charges of defrauding investors.
This comes one month after McFarland moved back in with his parents in New Jersey after he was released on $300k bail.
McFarland is now moving out of his rented Meatpacking District penthouse and the owner is putting it on the market, according to the Wall Street Journal.
The three-bedroom penthouse sits on the 11th floor of 345 West 14th street in Chelsea. McFarland was reportedly paying $21,750 per month.
The listing agent is Christopher Riccio of Leslie J. Garfield & Co.
Riccio said McFarland ‘has been a great tenant’ but declined to comment on why he was moving out.
The apartment has three bedrooms, two and a half baths, and measures just over 2,000 square feet with a terrace. The unit has views of the Hudson River and New Jersey.
McFarland reportedly paid $21,750 per month for the penthouse in the Meatpacking District.
The penthouse is now on the market for $7.5million. The listing agent declined to reveal the owner
The master bedroom suite has separate access to the terrace as well as a large walk in closet
The condo sits on the 11th floor of 345 West 14th Street with views of the Hudson River and New Jersey
The 10-room home has three bedrooms, two and a half baths and access to a private terrace
The large open living and dining rooms have 10.5ft ceilings and direct access to the landscaped private terrace. The hand-crafted kitchen features custom oak and bronze detailing, granite counter-top and back-splash, and top-of-the-line appliances.
The master bedroom suite has a huge walk-in closet, separate seating area with access to the terrace, and an en-suite bathroom. The master bath has a glass-encased water room and a soaking tub.
Off the third bedroom there is a private laundry room with extra storage.
The upscale building has a round-the-clock doorman, gym, concierge and deck. There are 37 total units in the building.
An entity known as 345 Carne LLC bought the unit in 2013 for $6.24 million, according to public records. The current owner is unknown.
The kitchen is decked out with custom oak and bronze detailing, granite counter-tops and back-splash
The master bathroom has glass water room and a soaking tub
The upscale building has a 24-hour doorman, a gym, concierge and a deck that is accessible to all residents
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