Mystery buyer drops $16M on historic UES brownstone

Sale comes amid signs of a slowdown in Manhattan’s luxury housing market

New York /
Jul.July 06, 2021 05:04 PM
11 East 93rd Street (Google Maps, Reza Nouranian Design)

11 East 93rd Street (Google Maps, Reza Nouranian Design)

Andrew Rifkin of DLJ Real Estate Capital Partners has sold his Upper East Side brownstone for $16 million dollars, public records show.

The buyer, whose identity remains a mystery, was represented by Matthew Saenger of Green Square Capital Advisors.

The 5,700-square-foot townhouse at 11 East 93rd Street sits in the Carnegie Hill Historic District, an enclave of landmarked buildings along the eastern border of Central Park. Built by architect A.B. Ogden in 1901, it’s one of five turn-of-the-century rowhouses on the block distinguished by a belt of curved bay windows spanning their second floors.

Despite its age, the home is packed with modern luxuries, including a pair of elevators — one for bicycles, the other for their riders — as well as heated floors in all ten bathrooms and a rooftop pool overlooking the park. The home was renovated in 2009 by architect and interior designer Reza Nouranian.

Rifkin listed the brownstone in September with Corcoran’s Cathy Franklin and Alexis Bodenheimer, asking $16.5 million. He purchased the home in 2005 from the estate of Norman Griner, the famed graphic designer who won a Grammy for his innovative record cover art.

The sale comes as Manhattan’s luxury market battles mixed signals, boasting healthy sales numbers at the end of June but its lowest dollar volume in five months. As the industry waits to see what summer has in store, it’ll be short one townhouse — and two elevators.





    Related Articles

    arrow_forward_ios
    Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
    For 15 years, David Koch lived at the world’s “richest building”
    For 15 years, David Koch lived at the world’s “richest building”
    740 Park Avenue and Corcoran broker Francine Crocker (Corcoran, Getty)
    Duplex at 740 Park Avenue listed for $26M
    Duplex at 740 Park Avenue listed for $26M
    Douglas Elliman’s Kirsten Jordan and 2728 Thomson Avenue in Queens (Corcoran, Douglas Elliman, Getty)
    TRD Pro: Queens’ priciest home sales in the second quarter
    TRD Pro: Queens’ priciest home sales in the second quarter
    Seattle Seahawks receiver and newly-licensed realtor Tyler Lockett along with 812 245th Place Northeast in Sammamish, Washington (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and Redfin)
    NFL star earns his real estate wings
    NFL star earns his real estate wings
    Toll Brothers' Douglas Yearly and property at Sparks, Nevada (Toll Brothers)
    “Honey, I bought the town:” Buyer ends up with big chunk of subdivision
    “Honey, I bought the town:” Buyer ends up with big chunk of subdivision
    75 Park Lane South (Plaza Construction)
    This year’s top-selling Hudson County homes
    This year’s top-selling Hudson County homes
    (Illustration by The Real Deal with Getty)
    Housing affordability hits 33-year low
    Housing affordability hits 33-year low
    Daniel Grollo and 106 Central Park South (Photo Illustration by Steven DIlakian for The Real Deal with Getty Images)
    Trump Parc condo tied to embattled Australian construction magnate hits market
    Trump Parc condo tied to embattled Australian construction magnate hits market
    arrow_forward_ios

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

    Loading...