realestate

Gilded Age Estate Sells at Deep Discount

Gilded Age townhouse sold for $36M—$14M below $50M ask—by entity linked to hedge fund manager Joseph DiMenna.

A
n Upper East Side Gilded Age townhouse at 10 East 67th Street, the Jules Bache Mansion, sold for $36 million—well below its $50 million listing. The buyer, an LLC tied to hedge‑fund manager Joseph DiMenna, paid roughly $2,800 per square foot for the seven‑story, 13,000‑square‑foot home that features seven bedrooms, ten bathrooms, an elevator, a garden and a 1,700‑square‑foot rooftop deck.

    DiMenna and his former wife, producer Diana, bought the property in 2006 for $28.5 million from Jeanne Andlinger, the widow of late banker Gerhard Andlinger. Andlinger had inherited the house in 2003 from the estate of art collector and socialite Catarina “Kitty” Meyer. Meyer’s death in 1997—after an electrical fire trapped her and guest Zohra Lahrizi Zondler on a balcony—prompted a complete gut renovation. Architect Peter Marino preserved the original staircase and parts of the formal dining room while adding a chef’s kitchen and solarium.

    The DiMennas listed the townhouse in February, just months before filing for divorce. The property was first priced at $50 million, then cut to $45 million when Ryan Serhant and Melissa Post took over the listing from Douglas Elliman earlier this year.

    This sale follows a wave of Upper East Side deals. Bill Cosby’s 13,000‑square‑foot townhouse at 18 East 71st Street, listed at $29 million, closed earlier this month amid foreclosure. Barbara Streisand’s eight‑bedroom home at 49 East 80th Street, last listed for $16 million, also found a buyer in August.

Historic Gilded Age estate sold at deep discount, showcasing grand architecture.