clock menu more-arrow no yes mobile

Filed under:

The Kaiser Says Auf Wiedersehen to Gramercy

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Karl Lagerfeld is selling his Gramercy Park apartment for $5.5 million—or about a million less than he paid for it in 2006. But even if he's taking a loss, Karl's still going out in style: Page Six reports that before he goes, Chanel will be filling the apartment's closets with Chanel bags and shoeboxes for an "installation of images." [Curbed, Page Six]