When the $100 million contract on a 41-foot-wide, 20,500-square-foot mansion on Manhattan’s Upper East Side closes in April, New York City will have a new price record for a townhouse sale.

Purchased by the Qatar government to house its New York City consulate, the building, located a block east of Central Park, had never changed hands before, according to the jet-setting agent brothers Oren and Tal Alexander of Douglas Elliman, who are ushering the deal to completion.

The townhouse’s pristine upkeep and “turnkey” status helped secure the record contract, the Alexander brothers told the New York Post.

“Qatar plans to use the consulate as a place to showcase their own artists,” an unnamed source told the Post.

Source: New York Post

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Learn More×
Connect Now is just days away. Don't miss out.Reserve your seat today.×