The 5,500 square foot penthouse at the Trump International Hotel in New York is up for grabs at $18 million. The owner of the penthouse, Vittorio Cecchi Gori, is having some financial problems and will be foreclosed. So far, this is the largest residential foreclosure in Manhattan.

Mr. Gori bought the apartment a few months ago for $10.8 million. The apartment has very extravagant features but the problem is that Mr. Gori have gutted the pipes so the buyer would have to spend more just to make the place livable.

Vittorio Cecchi Gori is the director of the Italian film, “Il Postino”. He is having problems in his business and has filed bankruptcy.