Status?

It looks like it was put up for rent in August of 2018.

If this did not in fact sell, it is a good example of the phenomenon that many have talked about on here to the effect that nobody ever wants to admit, particularly nobody who is on the buy side in the finance industry, that their "investment" might not have panned out as they hoped it would.

Maybe it is panning out as a rental, but if it is, I suspect that would be the talk track that I would be hearing, rather than the (false?) narrative that made its way to me.

It looks like the current owner bought from the sponsor in 2010 and paid $4.2m. Last current asking price was $5.475m, a 30% increase. This is per the link in SE to the Acris filing:

https://a836-acris.nyc.gov/DS/DocumentSearch/DocumentDetail?doc_id=2010080400127006

Nice looking place.

Yes, that is what I was able to see. It looks like those who sold in the building in 2015 did quite well, but this seller waited a bit too long and is now going to be holding the unit when the tax abatement ends in 2021. I believe seller has deep pockets and will be able to sustain anything that comes; another potential example of seller who believes things will turn around in the long run, but it would not surprise me if cash flow were negative for the foreseeable future judging from the size of the mortgage and the imminent tax abatement expiration.
FWIW - The apartment is lovely. Nice loft-like entertaining space separated from family portion, and I recall thinking that the ceilings felt noticeably above average. I don't like the location for my own needs, but it certainly has redeeming traits.

In other words, the unit is lovely, just not as lovely as the alleged sale price. I think the rumor started from a NY Post article when the unit was listed. It said that the owner was "selling at $7m," which I believe people took to mean that there was a buyer at that price. Looks like initial listing was $6995000, with two price chops to $5,475,000 and then withdrawal from market and rented.

Sort of like PH A/C at 31 N. Moore Street - purchased for $15.8M in 2012. Tried selling it since then for $22M and $26M , and gave up and have been renting it ever since for $60-70,000/mo.
Of course the original purchasers made out really well as they had purchased for $3.8M

I have to wonder how this part of the rental market is going to fare. I have absolutely no evidence/numbers to back this up, but my gut tells me that these are the people most likely to be reducing their NYC footprints.

This one is tough - are these people who are here for all NYC offers culturally , or for business?
So culture ( theatre) Restaurent’s, etc. basically shut down. Business coming back really really slowly.
I would live there in a heartbeat, (and I sold it to them)