The Real Deal New York

Are the Obamas buying an apartment at this UES co-op building?

10 Gracie Square is just down the street from Mayor Bill de Blasio's house
October 02, 2017 12:25PM

From left: Former First Lady Michelle Obama, President Barack Obama and 10 Gracie Square (Credit: CityRealty)

Exit swamp, enter luxury.

Former President Barack Obama and First Lady Michelle Obama are eyeing an Upper East Side apartment at 10 Gracie Square, a tony co-op building near East End Avenue that’s been a home to the likes of Gloria Vanderbilt and real estate scion Eric Rudin.

If the Obamas make a deal, it would be their second home purchase of the year, after picking up a Kalorama, Washington, D.C., manse for $8.1 million in June, an 8,200-square-foot estate that the family previously rented.

The New York Post, which reported on the Obamas visit to 10 Gracie Square, did not specify which unit they had toured, but a duplex apartment at the building recently sold for $10 million. Real estate sources who spoke to the reporters speculated that this was the apartment the Obamas bought, but the Post was unable to confirm.

Listings website StreetEasy shows that unit 10G, a nine-room residence featured on the cover of Elle Decor, went into contract last week.

A penthouse at the building is listed on StreetEasy for $12.75 million, and a duplex is also on the market for $15 million.

The historic building, which features an indoor basketball court, fitness room and lots of security, is located just a few blocks south of Gracie Manson, the official home of Mayor of Bill de Blasio.

Earlier this year, a Park Slope townhouse that was home to Barack Obama in the 1980s hit the market, asking $4.3 million. [NYP] — Will Parker