A
rare single-family mansion designed by Stanford White, one of the most renowned architects of the Gilded Age, has sold for $46 million. The limestone residence at 973 Fifth Avenue, overlooking Central Park, was originally listed for $80 million in 2021 but had its price reduced multiple times before selling.
The 16,000-square-foot Beaux-Arts mansion, built in the early 1900s and meticulously restored to preserve its original details, features nine woodburning fireplaces, stained-glass windows, and modern amenities like a rooftop terrace, wine cellar, and steam room. The buyer, operating under the limited liability company "Bliss on 5th LLC," closed on the property on May 21.
The seller, an entity tied to former Goldman Sachs partner David Leuschen, purchased the mansion in 2012 for $42 million and invested heavily in a full-scale renovation. Despite its price cuts, the sale ranks among the priciest property sales in New York City so far this year.
As one of only two remaining single-family townhouses in Manhattan designed by White, the mansion is a rare architectural survivor. The home's historic craftsmanship remains intact, with modern upgrades including five kitchens, a new elevator, and advanced air systems. Its unique blend of Old World grandeur and 21st-century comforts makes it an unforgettable experience for its occupants.
Stanford White's legacy is complex, marked by controversy surrounding his murder in 1906. However, the sale of 973 Fifth Avenue highlights the property's historical significance and architectural pedigree, making it a coveted gem in a crowded market.
