The co-founder of Jimmy Choo is selling her New York City penthouse for a discounted $29 million

After listing her penthouse at the Amory S. Carhart Mansion penthouse for $US34 million in July 2013, Jimmy Choo co-founder and fashion designer Tamara Mellon has lowered her home’s price to $US29.5 million.

The 7,000-square-foot duplex has five bedrooms, tall ceilings, and over 5,000 square feet of outdoor terraces and roof deck space.

Mellon bought the duplex for $US21 million back in 2008, according to the New York Times. She is moving downtown because she likes the vibe better.

“I love my apartment; I wish I could take it downtown,” Mellon told the Times. “The terraces are heaven.”

Mellon opened her first Jimmy Choo shoe boutique in 1996, according to British Vogue, and was instrumental in growing the brand. She sold Jimmy Choo to Labelux for $US811 million in 2011 and left to start her own brand of eponymous clothing.

The home was originally jointly listed between Corcoran and Elliman, according to a Curbed New York story at the time, but Mellon has since taken her business to Sotheby’s International Realty’s Serena Boardman.

Tamara Mellon's penthouse is in the Carter Mansion on the Upper East Side. It was built in 1913 and designated a NYC landmark in 1974. Currently, there are four grand-scale condo units in the building.

A direct elevator connects the penthouse with the lobby. The gorgeous, airy apartment also has four wood-burning fireplaces.

The home has tall ceilings and is decorated in a very modern style.

In total, the duplex has over 7,000 square feet of space.

The contemporary and chic eat-in kitchen has skylights and up-to-date appliances.

The master bedroom is serene with a fireplace and en suite bath. In total, there are five bedrooms throughout the duplex.

The master bedroom also features this gorgeous walk-in closet with plenty of shoe space -- suitable for the co-founder of Jimmy Choo.

Plus, the roof deck space is incredible. There are even views of Central Park.

Here's a last look at the layout of the 87-foot-wide home. Look at all that terrace space!

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