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
By Claire Moses | October 15, 2014 03:30PM

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.

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.

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?