Bronfman sells Muppets Manse at 16% off

TRD New York /
Mar.March 29, 2011 09:04 AM
Images from the home at 117 East 69th Street, some muppets (center, left) and Edgar Bronfman (center, right)

The Upper East Side’s Muppets Mansion, so-called because of its former use as the creative headquarters for Kemit the Frog and Miss Piggy mastermind Jim Henson, has been sold at a 16 percent discount after just one month on the market, according to the Observer. The 40-foot-wide townhouse, at 117-119 East 69th Street, belonged to Warner Music Group head Edgar Bronfman, who in 2008 paid $28.5 million for the property, gutted it, and planned to renovate, but moved to London instead and never followed through with the plans. He put it on the market for $27.25 million last month, giving the co-exclusive to a litany of high-profile brokers including the Corcoran Group’s Carrie Chiang and Loy Carlos, Brown Harris Stevens’ Paula Del Nunzio and Alina Pedroso, and his daughter, newly-minted Key Ventures sales associate Vanessa Bronfman. The buyer, who paid $23 million for the 12,000-square-foot Neo-Georgian mansion, was semi-hidden behind an LLC named after “Muppet Show” character Statler. The deed listed an address at News Corp. headquarters 1211 Sixth Avenue and was signed by Jesse Angelo, the 37-year-old editor of Rupert Murdoch’s new iPad-only publication, the Daily. The Observer was skeptical that the massive home was actually purchased by the young editor, and the brokers declined to comment, with Chiang offering that the brokers themselves “don’t even know who the buyer is.” [NYO]

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