Thursday, June 28, 2012

Landmark Ttownhouse On Manhattan’s Upper East Side Sold For $42million

The impressive building, left, is located next to the French Embassy; right

Sold For $42million - The Gilded Age New York City Mansion With Seven Floors And Its Own Servants' Quarters (Butler Not Included) -- Daily Mail

A landmark townhouse on Manhattan’s Upper East Side, a rare example of the opulent Gilded Age, has been sold for a staggering $42million.

The mansion, located on a tree-lined block of Fifth Avenue, was designed by famed architect Stanford White and built for the banker and railroad tycoon Henry H. Cook.

Though it was sold to an undisclosed buyer for $7million less than the asking price, the new owner bought a mansion full of history - much of the property has remained unchanged since its construction more than a century ago.

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My Comment: Too many stairs.

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