Another week, another peak sale met the books in New York City – this time on Staten Island.
A vast mansion in Todt Hill, the most important luxury district of the municipality, arrested a record -breaking deal when it first closed for $ 8.5 million, the New York Post reported for the first time. Sales marked the most expensive of all times in States Island and hit a $ 4.6 million deal that hit only a year earlier.
The estate of 11,000 square feet, which has a basketball court, pole and hair salon, was asked on the market last September to request $ 9 million. The sellers, Richard and Vania Cardinale of Farm to Bagel, only paid $ 1.7 million for the building in 2017 and shot $ 6 million to build the house with eight bedrooms and eight bathrooms.
The news of the sale comes when the house prices in States Island rose last month, with the average selling price of the town in August nearly 9 percent compared to the same month last year, according to data from Redfin.
“Staten Island always seems to be the forgotten town,” said Corcoran’s Tom Le, who had the list for 176 Benedict Road. “It should get more attention than it.”
The deal for 176 Benedict Road blew past the norm for Staten Island, where the typical house was traded for $ 750,000 in August. But the neighborhood is also the home of two other likely exceptions to the local market.
The next most expensive is a list for another house on Benedict Road, a stay of six bedrooms that asks for $ 5.7 million and a real estate of 5,800 square feet on High Point Road requires $ 2.5 million according to Zillow.
Houses on Benedict Road that has been purchased in the past two decades have been renovated or crushed under the belly and rebuilt in larger mansions, added Le, which will probably yield even more expensive deals when they act in the coming years.
Such a deal could be for the country house on the other side of the street, which once belonged to the head of the Gambino -Deput family, Paul Castellano. The former estate of the Mob Boss on 177 Benedict Road came on the market two years ago and asked $ 17 million. Now priced at $ 18 million, this is the most expensive list on Staten Island.
Not so fast …
A controversial separation between two fashion icons questioning the fate of part of the strictest real estate of New York.
Net-A-Porter founder Natalie Massenet continued her husband, co-founder of Frame Denim, Erik Torstenson, last month in a court in Los Angeles, claiming that he had scammed her from $ 95 million during their roughly 15-year-old relationship and drugs, alcohol and sex addictions.
Torstenson hit back earlier this week with his own claim in the New York court when he applied for custody of their 7-year-old son in the midst of accusations that Massenet used drugs, drank heavily and occasionally became “violent” with Torstenson, the New York Times reported.
The messy split of the couple will probably extend to their companies and houses, including their double -wide mansion on the Upper East Side. An entity bound to Massenet bought the building on East 74th Street for $ 25 million In 2019 from developers Larry Gluck and Ivan Hakimian.
At the time of the sale, the historic mansion of 12,000 square foot was about 80 percent completed.
Massenet and Torstenson then started a two -year renovation of the house, which was temporarily thwarted by a villain sprinkler, who saturated the house, the couple De Wall Street Journal told in 2022. The duo then bought the neighboring building with plans to combine it with the houses with substructure.
The couple also owns a house in East Hampton on further Lane, which was possibly the location of an extravagant Louis Vuitton Garden Party in Vogue last summer. The article describes the setting of the Soiree as a “private” and “Saltburn-like estate”, where the fashion brand brought guests on the site, including a Japanese Maple Tree Sanctuary, in brand Jeeps.
Massenet organized the party alongside writer Derek Blasberg and the crown princess of Greece, Marie-Chantal.
Also in the couple of the couple an estate outside of London is known as Donhead House, the renovation of which was shown in the Wall Street Journal and Architectural Digest.
NYC Deal of the Week
The most expensive sale to hit the city roles this week was for a mansion on the Upper East Side, which closed for $ 21 million, or $ 3,300 per square foot. The deal was less than the purchase price of 2005 when the sellers bought it for $ 22 million and later renovated.
The 20-foot-wide house on 16 East 64th Street, built in the late 1800s, came on the market last March and asked $ 25 million. It includes 8,700 square base and has five bedrooms, seven bathrooms, a lift and two terraces.
Thomas Wexler and Tyler Wexler from Leslie Garfield had the list.
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