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The $64 Million Sloane Mansion

Filed under: Estates

I was going to leave this one for the Sunday real estate round-up but a couple of you have mentioned it to me in the tips I decided to take a look at it a little early. And rightly so, a $64 million townhouse is worth a post to itself. The Henry T. Sloane mansion on East 68th Street in New York City would be the most expensive townhouse sold in city if it sells for the asking price (a record of $53 million was set for the Harkness mansion in 2006). It's not the most expensive listing price, as far as I know, the penthouse at the Pierre listed for $70 million still claims that honor.

Why so much? Part of it is location, the townhouse is located just steps away from Fifth Avenue on the East Side. Part of it is size, the building has 18,500 square feet total spread out over five stories. Two of the stories have 17-foot ceilings. There are 15 bedrooms and 17 bathrooms, seven fireplaces, a ballroom and a rooftop garden. Part of the lure is the history and design, the mansion was designed by architect Charles Pierrepont H. Gilbert for Sloane, the heir to a furniture empire, in 1905. The home is classic Beaux-Arts style and five of the rooms have all their original details intact. The wood-paneled ballroom with original oil-painted murals is particularly noteworthy.

The real estate broker Paula Del Nunzio and Brown Harris Stevens, the real estate firm she works for, could split a commission of $3.8 million on the sale. These days it's hard to predict just how a high-priced listing will behave. Some stay on the market for years until the right buyer with enough cash comes along. Some are snapped up nearly immediately. This one, given the size, location and history probably won't linger long.

UPDATE: Turns out I was wrong, it's been on the market for over a year and is now listed at $54 million.
[Thanks Lana and David]

SECOND UPDATE: This home has gone through a bunch of price drops and is now listed with Corcoran for $39 million.

Beacon Hill, Estate of the Day

Filed under: Estates


Ah Beacon Hill, arguably Boston's most charming neighborhood, a hilly little enclave of brick townhouses and cobblestone streets. Today's home is a five-story townhome with a long history (it was constructed in 1827). It is located on the sunny side of Chestnut Street (trust me, in the winter months this is vitally important). It was renovated in 2000. Because it is an older Beacon Hill townhome it's narrow but the ceilings are high and it does have an elevator. The three-bedroom home has a guest suite, a study with a terrace that gives you a rooftop view over the surrounding homes and your own brick courtyard. It is listed at $5.4 million.

Gallery: Beacon Hill

Chicago Art Home, Estate of the Day

Filed under: Estates


This beautiful home overlooking Lincoln Park in Chicago is designed for the art lover. The steel and glass home is a three-level modern masterpeice. The home has over 6,700 square feet of space that includes terrazzo floors, a spiraling staircase and large rooms that embrace the concept of airiness. It has massive windows and yet there is still plenty of room to hang and display art. One of the most stunning items is a a glass display case that divides the dining room from the living room. The master bedroom has walk-in closets (just in case you haven't spent all your money on art) and a large white marble master bath. The home, created by architect Perry Jenke, received a Distinguished Building Award in 1995. It is listed at $6.95 million. After the jump, your own private museum.

1016 Madison Ave, Estate of the Day

Filed under: Estates

This latest blockbuster piece of real estate to hit the market in New York City is located on upper Madison. The seven-story 12,000+/- sq. ft. townhouse has its original architectural details. Inside there is a large central staircase and elevator. The home has investment and retail potential. It has been home to a high-end rug shop and an art galley. This amazing property is listed at $48 million. After the jump, just a tease of the grand scale of this home.

Europe To Get A Seven-Star Hotel

Filed under: Luxury Travel & Hotels

town houseEurope's will soon be getting its first seven-star hotel. The new hotel, the Town House Galleria will open in fashionable Milan in an area known as the Galleria Vittoria Emanuele, a shopping area between LA Scala opera house and the cathedral. The hotel is the opposite of the other seven-star hotel in the world, the over-the-top Burj Al Arab. This Town House Galleria will sit above the Prada shop and will be a small and elegant hotel with less than 30 suites and an elegant style will stress service over glitz.

Deer Path Farms

Filed under: Estates

Deer Path Farms is a community of custom-built homes in Hudson, Massachusetts. Instead of  following the cookie-cutter blue prints of many housing developments, each single-family unit in the complex is designed to have unique and spacious interiors, filled with natural light and a comfortable, luxurious feel. Though there are other homes in the complex, each building gives the feeling of being private, perhaps in the mountains. The homes feature design points that include floating staircases, 3-story high raised ceilings and ultra-thick walls that let in nothing but light. There are currently 50 homes in the community, which includes a pool and provides full maintenance and cleaning of the grounds, as well as the exteriors of the homes, but Deer Path could have up to 103 homes when full. Homes in the community start at start at $600,000 and can go up to $3 million, depending on what features the buyer wants his/her house to have. A 2-3 bedroom, 2.5 bath, 3,300-sq. foot unit is on the market right now for $895,000.

Regents Park at Peachtree Battle

Filed under: Estates

The Buckhead area of Atlanta has always been an area for pricey real estate but a new development of townhouses is even more expensive than usual. Regents Park at Peachtree Battle is a collection of 23 flats and townhouses that will cost up to $4 million a unit. The flats range from 4,200 to 4,600 square feet and the townhouses are 5,000 to almost 7,000 of space. The units have garages and private elevators and there will be a 24-hour security guard and some concierge services. The complex is yet another in a line of luxury complexes we have seen meant to offer empty nesters a fancy home without the worries of the upkeep of an estate. Eight of the units have already been sold and construction has just begun.

Geothermal town house

Filed under: Estates

This New York town house has the unique feature of a geothermal energy system which provides heating, cooling and hot water.  The energy comes from pipes going 1,400 feet into the earth, which come back to the house to the radiant heating system via all floors of the house.  It is further environmentally sound with double insulation, air filtration and even a snow melting system (no need for salt or breaking your back!). Spread your green-loving family over the 6,000 sq ft with 875 sq ft of terraces including the solarium penthouse which is part of the 4 bedrooms with 4.5 baths.  Limestone and Merbau hardwood floors throughout with a Bulthaup kitchen. Being offered at $7.825 million.

East 60s Townhouse, Estate of the Day

Filed under: Estates

Unlike most New York townhouses, This one is a blank slate. The 41' wide, nine-level Georgian bow-front mansion was created from two 19th century townhouses and is located in the East 60s off Madison. The exterior is a classic brick facade with limestone and granite portico entry with Greek columns. Inside the massive 20,000 sq. ft. there are 16 woodburning fireplaces. Exterior details include a terrace, roof deck, garden and ten balconies. There is a glass-topped duplex atrium with skylights.  It is listed at $31.5 million. After the jump, an interior shot and the floor plan which includes a ballroom, media room, salon and sitting room as well as plenty of bedrooms.

The Rothschild Mansion, Estate of the Day

Filed under: Estates

This stately mansion on 70th Street in New York has a Neo-Georgian style and was originally built for Mr. and Mrs. Walter N. Rothchild in 1929. The townhouse is 28 feet wide and has large rooms with high ceilings and original details. The elevatored building has 11,000 approximate total square feet and there is a 33' foot deep garden. The interior is six levels and gets light from windows in the north and south, as well as the west. There is a penthouse terrace on the roof. According to a posting on Curbed, in August 2004, Braden Keil from the NY Post reported that Woody Allen had bought the place for $15 million and planned to convert the office configuration into a single-family residence (and then later reported the deal had fizzled out a month later). The home is listed at an inflated $25 million.

Update: Woody Allen has just found a new home. The New York Observer reports that Woody has bought a different home, also on East 70th St. for $25.9 million.

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