The Real Deal New York

For just $33M, you can live in luxury on the site of a deadly gas explosion

Newly built townhouse at 34 East 62nd Street has hit the market
December 07, 2017 12:15PM

34 East 62nd Street (Credit: HS Jessup Architecture)

A new townhouse that was built following a deadly gas explosion on the Upper East Side  has hit the market for $32.5 million.

The home, located in the neighborhood’s historic district at 34 East 62nd Street between Madison and Park avenues, was built following a gas explosion in 2006 that killed 66-year-old Nicholas Bartha, an internist who lived in the building, according to the Wall Street Journal. The Landmarks Preservation Committee approved design plans for the new house in July 2016.

The five-story house spans 9,200 square feet and features five bedrooms, wood-burning fireplaces, a library and Juliet balconies. Woodbine & Co. purchased the site in 2015 from developer Janna Bullock for $11.9 million, much lower than the original $40 million asking price.

“Obviously, it was a tragic incident and a dramatic incident for the neighborhood,” Woodbine & Co. partner Ted Muftic told the Journal. “Because of that, we wanted to build something that would draw a bright line under the events of that day and mark the next chapter in the history of that block.” [WSJ]Eddie Small