The Woolworth Mansion Off Fifth Avenue
A French Gothic townhouse in Manhattan was put on the market at $90 million last Friday. The entire idea of this exorbitant asking price is to scream out in headlines and generate publicity for the lavish property, situated on East 80th Street.
Built in 1916 for a daughter of American businessman Frank Winfield Woolworth, the 35 foot-wide mansion has been fully renovated in a ‘traditional prewar style,’ states the listing description. This property is the central one of the three, and is seven stories high with a total area of more than 18,000 square feet. The house, with its limestone facade, is beautifully maintained and features a 14-foot ceiling on its parlor floor. Additionally, it has 10 bedrooms, 3 kitchens, 11.5 bathrooms, an elevator, a formal dining room with a capacity of 50 people and a large paneled library, running the full width of the construction.
In 1995, the property was sold to Lucille Roberts, the famous entrepreneur who founded a successful chain of ladies health clubs by the same name. The records state that she bought it for a mere $6 million. She died in 2003, and now it is her family that has listed the property.
Price of a whopping $90 million tells that this townhouse will not suit the tastes of anyone but the ultra-rich. And it is constructed with enough aesthetic appeal to make people in the ultra-rich bracket look twice over. It is also available for rent at $210.000/month. [Brown Harris Stevens]