Upper East Side Mansion Sells For $90M

UPPER EAST SIDE, NY — An Upper East Side mansion that once lingered on the luxury real estate market has been sold for the second time in the past 10 months, according to public real estate records.

The stately townhouse at 19 E. 64th Street will change hands for $90 million, according to real estate records. In April of 2017 the Wildenstein family of art dealers offloaded the property for $79.5 million after a few previous deals — one with the country of Qatar — fell through.

The new owners of the Wildenstein mansion, located between Madison and Fifth avenues, are hiding their identity behind a holding company called East 64th Street Property Holdings LLC, according to public real estate records. The company is based in Wilmington, Delaware, according to the records.

The sellers were identified by the Real Deal as Chinese conglomerate HNA Holdings Group. The company's co-founder, Chen Guoqeng, signed off on the deed transfer for the $90 million sale, according to the report. HNA Holdings Group is selling off $4 billion of its real estate holdings in the United States in order to sure up its financial health, Bloomberg reported in February.

The building boasts luxury features such as a limestone-clad exterior, 20-foot ceilings and a paneled elevator that reaches every floor. The mansion is also in the vicinity of a number of luxury retail stores such as Chanel, Goyard, Alexander McQueen, Loro Piana, Givenchy, Hermes and Graff, according to previous real estate listings.

Photo by Google Maps street view