A historic townhouse in Manhattan, designed by architect Stanford White, has sold for $49.9 million after extensive price cuts totaling $30 million over four years. At 16,000 square feet, the limestone mansion located at 973 Fifth Ave. is one of only two remaining single-family homes by White, noted for his prominent structures in New York. The recent sale marks it as the priciest home in Manhattan under contract during this period. The current owner restored the property to echo its original opulence, enhancing its historical significance and architectural beauty.
Throughout its meticulous restoration, the current owner fully restored or replaced everything in the mansion. This transformation pays homage to Stanford White's distinctive style.
The limestone mansion at 973 Fifth Ave. is one of the last two remaining townhouses in Manhattan that retains its original single-family structure, designed by the eminent architect Stanford White.
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