Eight months after Justin Timberlake and Jessica Biel first listed their SoHo Mews penthouse for $7.995 million, the power couple has drastically reduced the price tag. Timberlake purchased the luxurious home in 2010, when he was still a bachelor, paying slightly over $6.5 million for it. The pop icon will now take a loss if it sells for its new asking price of $6.35 million. Perhaps the superstars don’t mind the real estate plunder because they are just anxious to settle into their flashier Tribeca lodgings.A quick glance at this posh property begs the question why anyone would want to leave it behind. The NSYNC-alum is parting ways with a spacious, 2,598-square-foot apartment with 3 bedrooms, 3.5 bathrooms, and an 853-square-foot wraparound terrace. Evocative of minimalist design, the pad still has callbacks to old-school opulence; namely, sweeping 10-foot ceilings, floor-to-ceiling windows, and custom wood paneling.A rarity for New York, the penthouse has bountiful storage space, with the hallways doubling as extensive walk-in closets. Most enviable is the chef’s kitchen, which features striated elm and smoked glass cabinets and granite countertops. Somehow, Timberlake and Biel can still expect an upgrade with the Tribeca property, which boasts 4 bedrooms and Jennifer Lawrence and Ryan Reynolds as neighbors.Jared Seligman and Evan Danzig of Stribling have the listing, which 6sqft first reported took a price cut.
