Brandeis University is looking to sell a mansion that it owns on Manhattan’s Upper East Side for $33 million. The proceeds from the sale will go to the school’s endowment.
The University is selling the property which it has owned since 1960 because it says that the mansion is no longer large enough to suit the needs of its New York City area alumni. Brandeis received the property as a gift from its previous owner who continued to live there until 1970.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Brandeis House is located at 12 East 77th St. by Fifth Avenue. It has been used by the University as an alumni center. It once belonged to Reginald Vanderbilt the father of Gloria Vanderbilt and the grandfather of CNN journalist Anderson Cooper.
Built in 1896 in the neo-Renaissance style by developers Richard W. Buckley and Robert McCafferty, it has five floors and is 25 feet wide. It has eight bedrooms, all of which face 77th Street and an elevator that reaches all of its floors.
It features high ceilings, classic plaster moldings, original pocket doors, tall doorways, exquisite millwork, beautifully preserved herringbone flooring, 4 fireplaces, a terrace and a South garden.
Its ground floor has an entrance which features a 20-foot gallery. The parlor floor includes a grand 25-foot living room and an elegant 23-foot formal dining room. These rooms are anchored by a dramatic curved staircase with a 17 foot landing.
