Someone has bought Jeffrey Epstein‘s Manhattan Mansion of Evil. The place where the man raped young girls has been sold for $50 million. This is more than a 40% mark down from the $88 million which it was listed for when it first went on the market.
So it seems that no matter how valuable Manhattan properties may be, no matter how big a return on investment people keep getting for short term ownerships of luxury Manhattan pads, the stain of Jeffrey Epstein runs too deep for someone to buy his mansion at the going rate. The house first went on the market last July.
The Coronavirus may have created somewhat of a buyer’s market in real estate where even New York was affected. But not so much that people can get 40% discounts on properties. In January the price was dropped by 25% to $65 million and even then it could not get it sold.
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Located at 9 East 71st St. in the Lennox Hill neighborhood, the townhouse is known as the Herbert N. Strauss Mansion. It has 28,000 square feet of living space across seven floors. The mansion comes with 10 bedrooms and 15 bathrooms out of a total of 40 rooms. A side terrace offers a view of Central Park.
According to the listing by Modlin Group the Herbert N. Straus Mansion was the last and largest of just a handful of goliath mansions built during its era in the 1930’s and it would become the capstone property of the wealthiest and most prominent block of all of New York City. The Mansion stands with provenance and commanding authority in a neighborhood steeped in New York’s richest history. The handful of renowned lavish buildings that surround this Mansion include the old Cornelius Vanderbilt home, the Twombly House and a
Modlin explains that its gargantuan size and opulence is perhaps only outdone by its unique location on the Upper East Side’s most desired block flanked by Central Park on Fifth Avenue and St. James’ Church on Madison Avenue. The property is uniquely positioned as the perpetual and unobtrusive perspective overlooking the Frick Museum to Central Park can never be blocked by new construction, a rarity in the ever-growing New York City landscape.
Built as New York City’s largest and most luxurious French Neo-Classical Mansion on a 50 foot wide by 102.2 foot deep lot, 7 stories and in excess of 28,000 square feet, some of the property’s luxuries include 15-foot-tall oak entry doors, imported French-limestone meticulously decorated with carvings, sculpture figures and ornamental iron works. Mr. Straus even transported antiques and fixtures along with “entire 18th-century rooms” from Europe. The mansion would eventually be acquired in 1944 by the Roman Catholic Archbishopric of New York to become an extension of the St. Claire Hospital, with up to 50 beds, for nearly twenty years.
In 1962, the mansion was sold to the Birch Wathen School, a college preparatory day school from kindergarten to grade 12. In 1989, with the help of architect Thierry Despont and interior designer John Stefanidis, the property was reconverted into the ultimate private residence. Most recently, additional interior design services were provided by Alberto Pinto.