Baby-clothing magnate buys Scribner mansion for $16M

The home sold for $22.5M in 2014

New York /
Jun.June 06, 2018 01:35 PM

39 East 67th St (Credit: Stribling)

The Upper East Side townhouse once home to publishing magnate Arthur Scribner sold for $16 million, according to property records filed with the city Wednesday.

The mansion at 39 East 67th Street was recently asking $18.75 million, below the $22.5 million it last sold for in 2014. The buyer is David Cayre, a member of the family that owns baby clothing brands Buster Brown and Kids Today.

The seller is 39 East 67th LLC, controlled by Caroline Ryan.

The five-story home was originally had an asking price of $31 million when it hit the market two years ago. Last year, the price was cut to $24.5 million. The 11,000-square-foot home includes a four story extension with a glass-enclosed conservatory on top.

New York-based Cayre Group was founded in 1987. In addition to its baby clothing brands, the company’s lines include women’s clothing, according to Cayre’s website.


Related Articles

arrow_forward_ios
The average price of a London home rose above 500,000 pounds, or roughly $685,000, for the first time. (Getty)
London home prices hit new high
London home prices hit new high
(Illustration by The Real Deal)
Americans bought 5.6M homes last year — the most since the bubble
Americans bought 5.6M homes last year — the most since the bubble
Randy Mastro and 21 East 83rd Street (Photos via Getty; Google Maps)
Former deputy mayor Randy Mastro, lawyer in Lucerne controversy, lists UES home
Former deputy mayor Randy Mastro, lawyer in Lucerne controversy, lists UES home
Overall, the number of housing units that started construction last year was up 7 percent from 2019. (iStock)
Residential construction had busiest year since 2006: MBA
Residential construction had busiest year since 2006: MBA
Common Projects sneaker designer Peter Poopat bought the home in December. (Getty, Brown Harris Stevens)
$6.5M Fort Greene townhouse sale breaks neighborhood record
$6.5M Fort Greene townhouse sale breaks neighborhood record
(iStock)
Homebuilder sentiment falls for second month in a row
Homebuilder sentiment falls for second month in a row
(iStock)
Homebuying up again, but rising mortgage rates depress refinancing
Homebuying up again, but rising mortgage rates depress refinancing
The two most expensive contracts signed last week were condos at One Prospect Park West. (Douglas Elliman)
Brooklyn luxury market roars back to life
Brooklyn luxury market roars back to life
arrow_forward_ios

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

Loading...