The Real Deal New York

Mary-Kate Olsen, Olivier Sarkozy renovating home

Couple to shell out $3M to add extension to Turtle Bay Gardens townhouse

October 15, 2014 03:30PM
By Claire Moses

From left: Mary-Kate Olsen and Olivier Sarkozy and 226 East 49th Street

From left: Mary-Kate Olsen and Olivier Sarkozy and 226 East 49th Street

Mary-Kate Olsen and her fiancé Olivier Sarkozy are renovating their already epic Turtle Bay Gardens townhouse for $3 million, according to property records filed with the city Tuesday.

The permit for the renovation on the landmarked home calls for a 396-square-foot extension to the home, as well as a “change in exits/regress.”

The 45-year-old half brother of the former French president and the 28-year-old actress, who earned fame portraying Michelle Tanner in “Full House,” are renovating the more than 8,100-square-foot home that initially came with a hall of mirrors and a pool. The five-bedroom townhouse also includes a private garage, a ballroom, an elevator and an artist’s studio. After the renovation, the home will be more than 8,500 square feet.

226 East 49th Street

Library at 226 East 49th Street

The couple took out a $3 million mortgage on the townhouse earlier this year, according to city records.

Architect of record Steven Harris declined to comment.

226 East 49th Street

Hallway of mirrors at 226 East 49th Street

Olsen and Sarkozy bought the home at 226-228 East 49th Street – located in a stretch of town houses between 47th and 48th streets and Third and Second avenues – in April for $13.5 million from painter David Deutsch.

The couple previously lived in a five-bedroom townhouse in the East Village, which Sarkozy bought in 2012 for $6.25 million. He sold the property to artist Aaron Young for $6.4 million in January.

  • valaire

    What’s his age? You included hers , so why not his?

  • John Chiti

    What a cutie!

  • John Chiti

    Olivier is 45.

  • TJ

    scary…he looks like he could be her father…won’t last since it’s all about hi$ $ even thought she’$ rich LOL
    that devilish grin reveals his darker side and what are you thinking Olivier!?

  • tu da

    When he was 21….she was 4. i can only imagine the age of women he pursued when he was 30….12 year olds?

    • Marc

      Sounds like a lucky man with a charmed life. She’s been an adult for over a decade now. She has an insane amount of money and she’s under 30. She doesn’t need him, she wants him. Jealous much?