New York's Harkness mansion sells for $16.5 million less than in 2006
Jonathan ChancellorAugust 21, 2011
America’s highest-profile art dealer, Larry Gagosian, has reportedly snapped up New York’s 1910 Harkness Mansion, a 25-room townhouse at 4 E. 75th St., for $US36.5 million. That’s at $16.5 million less than what it fetched in 2006, according to the New York Post, when it was the most expensive residential property ever sold in New York. The mansion, sold for about $7 million in 1987, stretches 7.3 metres wide and 31 metres deep. The Harkness family made their money from an investment in John D. Rockefeller’s fledgling Standard Oil Company. It is on the EzineMark.com list by Mary Rose of the Top 10 New York City’s Most Expensive Townhouses.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
