Netscape’s Jim Clark buys Bunny Mellon manse for $37M

Price paid by billionaire is $4M less than most recent ask

125 East 70th Street (inset: Jim Clark and wife Kristy Hinze)
125 East 70th Street (inset: Jim Clark and wife Kristy Hinze)

Netscape co-founder and “comeback billionaire” Jim Clark has closed on an Upper East Side neoclassic mansion that once belonged to socialite Bunny Mellon for $37 million.

Clark was revealed as the buyer of the 40-foot-wide mansion at 125 East 70th Street in October, but the price was not known. The sellers, Irish businessman Tony White and his wife, Clare, bought the home for $22.5 million in 2006. The couple initially sought $46 million when the pad was first listed in 2013, the New York Post reported. However, before going into contract, the property was most recently listed for $41 million by Louise Beit of Sotheby’s International Realty.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Clark has been dubbed the “comeback billionaire” for betting on Apple. He made his money with his Netscape concept in 1994. Recently, he bought director Ron Howard’s $27.5 million Westchester home.

The 1965 mansion has eight bedrooms, a wine cellar, elevator and a courtyard designed by Bunny Mellon herself. Mellon, a Listerine heiress, died last March at the age of 103. [NYP] — Tess Hofmann