Art dealer pays $17M for Burkina Faso’s former UN residence

Per Skarstedt buys townhouse at 115 East 73rd Street

New York /
Jul.July 29, 2014 01:35 PM

Swedish art dealer Per Skarstedt has plunked down $17.3 million for an Upper East Side townhouse formerly used by Burkina Faso’s permanent representative to the United Nations.

The sale, which hit property records Tuesday, was more than two years in the making, according to Skarstedt’s broker, Lynda Wiggins of Brown Harris Stevens.

The five-story townhouse, at 115 East 73rd Street between Park and Lexington Avenues, was originally listed in 2012 and spent just 18 days on the market, according to StreetEasy.

“Per really wanted it,” said Wiggins. “We spoke like every two weeks for like two and a half years. Then the broker called me and said it was back on.”

Owen Robinson of UN General Realtors Group LLC, based in Queens, was the listing broker. “It took three years to be approved by the government,” he said.

The West African country of Burkina Faso, then known as Upper Volta, bought the property in 1975 for an unknown amount. The house was landmarked in 1982.

Wiggins said the 10,000-square-foot mansion would be gut renovated. “It needs everything,” she said. She said the house was designed by architects Buchman & Fox, who also designed the Sherry-Netherland Hotel. It has 12-foot ceilings on each floor, floor-to-ceiling windows on the second floor and a garden in the back.

Wiggins said Skarstedt plans to use the townhouse as a residence. His eponymous gallery has three locations — 20 E. 79th Street, 550 West 21st Street and 23 Old Bond Street in London.


Related Articles

arrow_forward_ios
Longfellow Real Estate Partners CEO Adam Sichol with renderings of 310 East 67th Street (Friends UES, Rendering by DBOX, Longfellow)
Blood Center rezoning on Upper East Side approved
Blood Center rezoning on Upper East Side approved
Asher Edelman and 111 East 70th Street (Getty, Google Maps, iStock)
Ugandan government sues art dealer over UES rent
Ugandan government sues art dealer over UES rent
30 Grove Street (Isaacs Ganz / RESERVE Real Estate)
West Village townhouse asking $28M in contract
West Village townhouse asking $28M in contract
416 East 73rd Street (Google Maps)
Ex-tenant sues Big Apple Management over Airbnb dispute
Ex-tenant sues Big Apple Management over Airbnb dispute
The Lennox Hill garage has an open spot for $200,000 (Douglas Elliman, Getty)
Manhattan parking condos hit market at up to $350K
Manhattan parking condos hit market at up to $350K
Chloe’s soft serve fruit treat founder closes on UES condo
Chloe’s soft serve fruit treat founder closes on UES condo
Chloe’s soft serve fruit treat founder closes on UES condo
Gazit refinances Upper East Side retail hub for $134M
Gazit refinances Upper East Side retail hub for $134M
Gazit refinances Upper East Side retail hub for $134M
Court denies developer seeking elusive 6 inches
Court denies developer seeking elusive 6 inches
Court denies developer seeking elusive 6 inches
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...