An estate that includes a $16 million Upper East Side townhouse, a $7 million Amagansett home and a substantial art collection is being sold to benefit a charitable trust for animals.
Brooklynites Irving and Phyllis Millstein made their fortune in the fashion industry and purchased the six-floor, 7,500-square-foot townhouse at 22 East 81st Street in 1971. Designed by Robert A.M. Stern, the property also holds six apartments above the Millstein’s triplex that generate about $360,000 in annual rental income, listing broker Fred Williams of Sotheby’s International Realty Told The Wall Street Journal.
The Millsteins were animal fanatics and their roster of pets over the years included a Maltese poodle, German shepherds, cats and a smart-mouthed parrot.
“It was obviously a very pet-friendly building,” Williams told the newspaper.
Also up for sale is the Amangansett home, which will be listed with Williams’ colleague Neil Hausig for about $7 million in the coming weeks.
Part of the money from the trust will go to the veterinary school at Tufts University. [WSJ] – Hiten Samtani