And the shoe has finally dropped: Steve Madden sells UES townhouse

Buyer was an LLC tied to the Moinian Group

New York /
Jan.January 24, 2019 06:00 PM

Steve Madden and 175 East 73rd Street (Credit: Google Maps)

Shoe designer Steve Madden has finally sold his landmarked Upper East Side townhouse, which he had spent years piecing together with his now ex-wife.

A filing with the Department of Finance on Thursday showed the buyer, an LLC tied to the Moinian Group, dropped about $8.97 million for the property, located at 175 East 73rd Street.

Neither party could immediately be reached for comment.

The historic building was built over a century ago and is one of two remaining Italianate rowhouses on the north side of the street, according to a not-for-profit that works to preserve historic UES architecture.

Madden and his ex-wife, Wendy Ballew, over several years bought up the individual co-ops in the townhouse for $7.7 million, according to the Observer.

The couple divorced in 2015, but Madden had first put the 6,000-square-foot townhouse on the market in 2013, also for about $9 million, the outlet reported.


Related Articles

arrow_forward_ios
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
Builders broke ground on more residential properties in August than had been predicted, but the number of single-family housing starts fell below expectations. (iStock)
August housing starts rose but single-family properties fell short
August housing starts rose but single-family properties fell short
Compass CEO Robert Reffkin and First Alliance Title co-founders Lon Welsh and Greg Parham (Compass, First Alliance)
Compass picks up another title company
Compass picks up another title company
Joshua Kushner and Karlie Kloss, with the Puck Building at 295 Lafayette Street (Photos via Getty, Ceros)
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
Blueground CEO Alex Chatzieleftheriou (Getty, LinkedIn via Chatzieleftheriou)
Blueground raises $140M in Series C equity, valuing startup at $750 million
Blueground raises $140M in Series C equity, valuing startup at $750 million
(Getty)
Freddie Mac study of 12 million appraisals shows racial disparity
Freddie Mac study of 12 million appraisals shows racial disparity
614 Hudson Street in Hoboken, NJ (Redfin)
19th Century townhouse in Hoboken listed for $7M
19th Century townhouse in Hoboken listed for $7M
arrow_forward_ios

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

Loading...