Celebrities like Justin Timberlake really have it all, especially after singing a $7.65 million contract for a penthouse condo at SoHo Mews. Located on West Broadway in New York City, this condo boasts 2,598 square feet of pure spacious luxury.
The Soho Mews penthouse is an alluring three-bedroom condo with a panoramic terrace that overlooks West Broadway. After this luscious buy, Justin Timberlake has truly embraced 'la dolce vita.'
Implications - Consumers are seeking out a bit of luxury after suffering through the harsh times of the recession. Everyday products injected with a prestigious element are appealing to those who desire a way to be part of the exclusivity. Companies looking to grow its name could focus on developing more items with an elite element in place.