Billionaire hedge funder Howard Marks just listed his 'Versailles in the Sky' condo for a discounted $27.5 million

Oaktree Capital chairman Howard Marks has brought his eight-bedroom, 4,536-square-foot apartment back to the market.

The spread is available at a much lower price point this time around: $27.5 million.

It's the third time he's listed the full-floor unit, located at New York's 50 Central Park South and designed by Michael Smith, who also led the 2010 Oval Office makeover.

Marks, who reportedly paid close to $19 million for the apartment back in 2007, originally listed it in 2012, then again in 2015. He asked $50 million for it both times.

The luxury condo, which some have dubbed "Versailles in the Sky," has a 92-foot expanse overlooking Central Park. It's one of only 12 large condos located above the Ritz-Carlton, and resident amenities include a private lobby and an on-site gym and spa.

The apartment is now listed with Deborah Grubman, David Adler, and Paul Albano of Corcoran.

Portia Crowe contributed reporting to an earlier version of this article.