09/09/2012 01:13 pm ET Updated Oct 11, 2012

Russell Simmons Re-Sells His NYC Pad


After spending more than a decade trying to unload his swanky NYC penthouse — hip-hop mogul Sean Combs almost closed on the space pre- 9/11 — Def Jam founder Russell Simmons is at it again. With a new asking price of $11 million, Simmons is hoping the 3,500 square foot pad, which boasts a private landing, multiple terraces, four bedrooms, four bathrooms, and two kitchens will finally attract the right buyer. While the penthouse includes architectural perks — think sky-high ceilings and a spectacular spiral staircase — it's in dire need of some strategic staging. Keep reading to tour the home and see our cosmetic suggestions for getting it to sell!

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