Upper East Side mansion sells for $90M, after selling for $79.5M last year

This troubled mansion was once owned by the Wildenstein family

An Upper East Side mansion that sold for a whopping $79.5 million less than a year ago, has sold again, for a princelier sum. The Real Deal reports that the limestone mansion once owned by the Wildenstein family has sold to an unnamed buyer for a staggering $90 million.

The Chinese conglomerate HNA purchased it off the Wildenstein family last April but decided to quietly put it back on the market due to financial troubles the company is facing, according to TRD. HNA was planning to use the mansion at 19 East 64th Street, which is technically a commercial property, as offices, but that’s obviously no longer the case.

Property records list the new owner only as a Delaware based LLC known as East 64th Street Property Holdings LLC.

The Beaux Arts-style mansion has had a troubled few years; the Wildensteins were in talks to sell the mansion to Qatar back in 2013, but that deal, valued at anywhere between $90 million to $125 million, eventually fell through.

In early 2017, the mansion became the center of a lawsuit lobbed by billionaire Len Blavatnik who claimed he’d made a $79 million handshake deal with David Wildenstein to acquire the property, which was asking $100 million at that time. A judge dismissed that lawsuit, and the mansion eventually sold to the Chinese conglomerate.

We’ll just have to wait and see what’s in store for this mansion next.


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