Upper East Side Gilded Age mansion with Broadway cachet and a big money past tries again at $29.5M
Just over a year ago, The Real Deal reported that Tony Award-winning Broadway producers Janet and Howard Kagan (“Tuck Everlasting,” “Pippin”) had put the 25-foot-wide, 12,729-square-foot mansion at 11 East 82nd Street, purchased for $24.5 million in 2009, on the market, asking $44 million. The impressive Upper East Side limestone-and-brick townhouse was also known for having previously belonged to financier Ron Perelman. The 1895 building in all its six-story, elevator-enhanced, Gilded Age glory has just been relisted for $29.5 million, a hefty haircut from last year’s ask.
Though historic, grand and glorious it may be, the rambling 22-room mansion isn’t glaring in its opulence. While it’s possessed of every possible modern convenience including an elevator that services all levels plus the basement wine cellar and the top floor gym, central air conditioning, a sprinkler system, double pane windows with motorized treatments and smart home A/V, WiFi and security systems, the home’s interiors are beautifully decorated in a considered and understated style.
Situated on a townhouse block off Fifth Avenue, the home offers nine bedrooms, seven baths, three terraces, a garden, and 13-foot ceilings on the drawing room floor. A Neo-Classical limestone façade and gated garden forecourt were designed by architect Henry Andersen, inspired by the leading architectural firm of its time, McKim, Mead and White.
The home’s most recent renovation was helmed by architect Steven Wang and interior designer Steven Gambrel. Turn-of-the-century details have been preserved, including six marble fireplaces, inlaid flooring of various woods, intricate moldings, a wrought iron and brass balustrade and tall Ionic columns that frame the drawing room. The home’s garden floor opens to the grand entrance gallery featuring an inlaid marble and onyx floor, a sweeping staircase, a coat closet and a powder room.
To the rear, a perfectly curated and thoroughly modern chef’s kitchen is equipped with Miele, Sub-Zero and Wolf appliances including two dishwashers, three ovens and two sinks. An informal dining room is highlighted–and lit–by solarium windows. Off the dining room is a landscaped garden with seating areas for outdoor living in season.
The second floor offers an entertaining space of truly grand proportions with room for at least 100 party guests. Here you’ll find a south-facing drawing room, an opulent parlor with a grand piano and large formal dining room, all with fireplaces and soaring ceilings. There’s also a bar, a butler’s pantry and another large terrace.
On the third floor is a paneled library with a fireplace and coffered ceiling. Also here is the gorgeous master bedroom suite, complete with fireplace and solarium, his-and-hers marble baths and two dressing rooms.
On the fourth floor is a children’s paradise with four bedrooms, plus two spacious baths, a laundry room and another large planted terrace.
On floor five is the home’s recreation/media room complete with a surround sound audio system, a ping pong room and a guest bedroom with an en suite bath. At the mansion’s pinnacle is a bamboo-lined yoga terrace and a gym with solarium windows. Also up here–the ultimate convenience after a workout–is another kitchen with a dining area, living room, more bedrooms (we lost count at this point), a walk-in cedar closet and two baths.
- A Guide to the Gilded Age Mansions of 5th Avenue’s Millionaire Row – Part I
- A Guide to the gilded age mansions of 5th Avenue’s Millionaire Row – Part II
- For $43M, restore two Gilded Age Upper East Side co-ops to their historic grandeur
Images courtesy of Sothebys.