Why Did Julian Schnabel Cut the Price of the Palazzo Chupi?

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Photo: Brown Harris Stevens

“Uh … I really wanted to sell it,” the Schnabulous one told us last night at the Versace gala at the Whitney, of the pink penthouse's recently lowered price tag. Then he sprinted away before we could bury our faces into his soft, squishy middle.

For more wisdom from Schnabel, plus Patrick Dempsey, Sean Avery, Becki Newton, Juliette Lewis and more, check out our Whitney Museum Gala partylines.