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# $7.65 Million Condos
Justin Timberlake Purchases SoHo Mews Penthouse

By Amanda Chang | Published 2010-10-10 | Art & Design
Source: Trend Hunter, https://www.trendhunter.com/trends/justin-timberlake-soho-mews
References: [luxist](http://www.luxist.com/2010/10/07/justin-timberlake-lists-tribeca-apartment-buys-at-soho-mews/) & [sohomews](http://sohomews.com/main.php?eng)

Celebrities like Justin Timberlake really have it all, especially after singing a $7.65 million contract for a [penthouse condo](https://www.trendhunter.com/trends/jz-apartment) at [SoHo](https://www.trendhunter.com/trends/martin-brudnizki) Mews. Located on West Broadway in New York City, this condo boasts 2,598 square feet of pure spacious luxury.

The [Soho Mews](https://www.trendhunter.com/trends/the-mercer-hotel) 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.

## Trend Insights (Trend Hunter)

- Score: 5.0/10
- Popularity: 74% | Activity: 69% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: North America, Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Home](https://www.trendhunter.com/home)

## Key Themes

### What Makes This Trend Stand Out

- **Luxury Home Purchases:** As consumers seek luxury items after tough economic times, developing high-end properties may be a major growth opportunity for real estate developers.
- **Celebrity Influence:** Celebrities like Justin Timberlake can have a significant impact on consumer behavior, presenting a chance for brands to partner with or be endorsed by famous personalities.
- **Prestigious Products:** Consumers desire to feel part of an exclusive group creates opportunities for companies to differentiate everyday products with prestigious elements, such as luxury branding or features.

### Sectors Adopting This

- **Real Estate Development:** Developing high-end properties, such as luxury condos, can capitalize on consumers' desire for luxury after challenging economic times.
- **Marketing and Advertising:** Partnering with celebrities can improve brand exposure and consumer loyalty, presenting opportunities for businesses to strategically collaborate with famous personalities.
- **Consumer Goods:** Including luxury branding or features in everyday products can differentiate them and appeal to consumers seeking an exclusive experience.

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