Thursday, April 6, 2017

Thank You Janet Yellen: Manhattan Townhouse Sells for Record-Setting $79.5 Million

Art heir David Wildenstein has closed on the sale of his Upper East Side townhouse at for $79.5 million, or about $3,180 a foot, setting a new record for the priciest townhouse ever sold in Manhattan, reports Business Insider.

The buyer of the property is an entity affiliated with Roy Liao, according to BI, who is CEO of HNA Holdings Group, a Chinese conglomerate.

The 25,000-square-foot, 41-foot-wide property, at 19 East 64th Street, is the former location of the Wildenstein Gallery and dates back to the 1930s.


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