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

Buyer was an LLC tied to the Moinian Group

TRD 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


Triplemint expands to New Jersey

128 East 73rd Street (Credit: StreetEasy)

“Exceptionally wide” townhouse sells at exceptional discount

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest