A rare opportunity to own a piece of New York City history

  • A 100-year-old Manhattan school is on the market for $60 million
  • The building features a two-story limestone facade and is 25,000 square feet
  • Options for the building include creating an office, luxury apartments, or a grand mansion
  • The property was previously owned by MacAndrews & Forbes and sold for $25 million
  • The building was originally commissioned as a school for girls and boys

A nearly 100-year-old Manhattan mansion that was once a school is now on the market for $60 million. The seven-story neo-Renaissance building, located on the Upper East Side, features a stunning two-story limestone facade and is more than double the average width of townhouses in New York City. With its 25,000 square feet of space, the property offers endless possibilities for a new owner. It could be transformed into an office, luxury apartments, or even a grand mansion. Previously owned by MacAndrews & Forbes, the building sold for $25 million in April 2021. Originally commissioned as a school for girls and boys, this historic building is a rare opportunity to own a piece of New York City history.

Public Companies:
Private Companies: Serhant, MacAndrews & Forbes, Chapman Group, Revlon
Key People: Ryan Serhant (founder and CEO of Serhant), Ronald Perelman (investor), Anna Chapman (wife of Ronald Perelman), Eleanor L. Keller (commissioned the building), George Keller (architect)

Factuality Level: 8
Justification: The article provides factual information about the history, features, and ownership of the Manhattan mansion. It includes details about the building’s architecture, previous uses, and potential options for the new owner. The information is supported by references to listing records and property sales. However, there is no indication of bias or personal perspective, and the article does not contain any misleading or sensationalized information.

Noise Level: 3
Justification: The article provides information about a Manhattan mansion that is on the market for $60 million. It includes details about the building’s history, ownership, and potential uses. The article stays on topic and provides some evidence through property records. However, it lacks scientific rigor, intellectual honesty, and actionable insights. It is primarily a real estate listing with limited analysis or exploration of broader trends or consequences.

Financial Relevance: No
Financial Markets Impacted: No

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article is about a Manhattan mansion being listed for sale. It does not pertain to financial topics or describe any extreme events.

Reported publicly: www.marketwatch.com