Patricia Altschul Cuts $2 Million from Price of Unique West Village Apartment Following $15 Million Sale of Historic Mansion to Son Whitney Sudler-Smith - lulu

   

Patricia Altschul, the star of the reality show "Southern Charm," continues to make waves in the real estate market as she decides to slash the price of her "one-of-a-kind" West Village apartment. This move comes just months after she officially transferred ownership of the historic Isaac Jenkins Mikell House to her son, Whitney Sudler-Smith, for $15 million.

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West Village is one of New York's most prestigious and expensive neighborhoods, where every property boasts unique character. Patricia Altschul's apartment was initially listed at a staggering price, but she has now decided to cut $2 million off the asking price to attract potential buyers.

Andy Cohen's posh, two-story co-op in the West Village.

Andy Cohen home

Serhant is selling Andy Cohen's New York apartment for $14 million.

According to real estate sources, the apartment not only boasts a prime location but also features luxurious interiors meticulously designed in a blend of classic and modern styles. Altschul is known for her refined aesthetic taste, and this is evident in every detail of the property. However, this significant price reduction suggests she may be looking for a quicker sale than anticipated.

Before lowering the price on her West Village apartment, Patricia Altschul completed one of the most talked-about real estate transactions in recent months. She transferred ownership of the historic Isaac Jenkins Mikell House in Charleston, South Carolina, to her son, Whitney Sudler-Smith.

Whitney Sudler-Smith's Charleston mansion

Whitney Sudler-Smith's Charleston mansion

This mansion is one of the most distinguished properties in her portfolio, featuring magnificent neoclassical architecture and opulent interiors. Built in the 19th century, the home is a symbol of wealth and high society living.

According to Patricia, selling the mansion to her son was not just a financial decision but also a way to preserve the property within the family. This transfer helps reduce future estate tax burdens and ensures that Whitney Sudler-Smith continues to maintain the cultural and historical value of the home.

Looking at her recent moves, it is evident that Patricia Altschul is undergoing significant changes in her real estate investment strategy. Selling her historic mansion to her son and reducing the price of her West Village apartment could indicate a shift in her asset portfolio, a focus on other investments, or simply a lifestyle change.

Regardless of the reason, these transactions once again highlight Patricia's standing in the elite world—not just as a reality TV star but as a savvy real estate investor. Given the prestigious properties she owns, every decision she makes in the real estate market will undoubtedly continue to draw public interest.

In the coming months, Patricia Altschul may make even more noteworthy transactions. Does she still own other hidden properties? And will the West Village apartment, now at a reduced price, quickly find a new owner? Stay tuned for more updates from the real estate queen of "Southern Charm."