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Actual View from the Top Floor
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Upper Landing to Parlour Floor
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Upper Landing with French Antique Tapestry
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Grand Salon on the Parlour Floor with Original Oak Panneling and Ceiling Artwork
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Detail of the Ceiling Artwork in the Grand Salon
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Actual View from the Parlour Floor Grand Salon
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Main Dining Room (Originally a Ballroom)
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Detail of the Gold-leafed Boiserie and Fireplace in the Ballroom
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Petit Salon on the Main Floor, Facing Fifth Avenue with Elaborate Hand-painted Gold-leafed Boiserie
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Detail of the Gold-leafed and Hand-Painted Boiserie in the Petit Salon
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Detail of the Gold-leafed Boiserie in the Ballroom
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Detail of the Gold-leafed Boiserie in the Music Room Actual View from the Top Floor
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Actual View North-West from the 4th Floor Main Room
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Last Gilded Ago
For $50Million, you can own the last of
Manhattan's Gilded Age mansions
By Isabel Vincent
April 15, 2017
Manhattan's last intact Gilded Age mansion is up for sale — and it'll only set you back
$50 million.
But you will have to get in line, because there are already six potential buyers champing at
the bit to purchase the Fifth Avenue limestone town house, The Post has learned.
The six-story Beaux Arts building, which once belonged to the granddaughter of the
railroad baron Cornelius "Commodore" Vanderbilt, boasts two elevators, eight bathrooms
and 32 rooms. Some of the balustrades are hand-carved from a single piece of white
marble, and dreamy frescoes of angels and clouds adorn the ceilings of the parlor rooms.
The Upper East Side palace recalls the grandeur of Versailles, with its palatial, white-
marble staircase, patterned after the Petit Trianon,reaching heavenward to an intricately
detailed, gilded skylight.
There is even a working stove from 1905, the year the home — built by the same
architectural firm that designed Grand Central Terminal — was completed for its first
owner, R. Livingston Beeckman, a stockbroker and later governor of Rhode Island.
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"Everything is virtually intact," said real-estate agent Tristan Harper, who listed the
property on behalf of Douglas Elliman, and gave The Post an exclusive tour last week.
"Whoever buys it will own a piece of New York history."
Harper wouldn't reveal the identity of the interested parties, except to say they are "all
extremely high-net-worth individuals of different backgrounds." He said they all want to
maintain the property as a single-family residence.
Furnishings, as well as the artwork, murals and wall paintings, are all included in the
purchase price.
The city's Landmarks Preservation Commission, which landmarked the property in 1966,
called it a "superb example of the French classic style of Louis XV."
It was also a tribute to the Gilded Age — the term coined by Mark Twain and Charles
Dudley Warner in 1873 to satirize the materialistic obsessions of the new wealth in
America after the Civil War.
Gilded Age mansions, often modeled on the palatial chateaux of France, began popping
up at the end of the 1800s, erected by storied industrialists and financiers like Vanderbilt,
Andrew Carnegie, John D. Rockefeller and Jay Gould. Most were eventually razed or
turned into museums.
Many of the biggest homes were built as summer palaces in Long Island, Massachusetts
and Rhode Island, while mansions in "town" formed a "Millionaire's Row" on Fifth Avenue
on the Upper East Side. The first Gilded Age mansion was the Astor family's home,
featuring a ballroom that could fit 400, on Fifth Avenue and 34th Street. The family later
moved to what was considered a more fashionable spot on Fifth at East 65th.
Just a block away, at 854 Fifth Ave. between East 66th and 67th streets, was Beeckman's
grand estate. The home, built for $60,000, was first sold in 1912 to George Grant Mason
for $725,000 — "the record highest price paid in Manhattan" for a residential property at
the time, according to press accounts.
Vanderbilt's granddaughter Emily Thorn Vanderbilt Sloane White and her husband, Henry
White, bought it in 1925 for $450,000.
It was said to be the first Manhattan residence to feature front-and-back electric elevators,
and the children who lived there were told to use them sparingly because each ride cost
25 cents.
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The Commodore's granddaughter put her own stamp on the interior, adding such details
as the multiple paired cherub "sculptural scenes" within the elaborate ceiling moldings in
the dining room on the second floor. Each cherub pair is unique, and all are covered with
gold leaf.
When the heiress died in 1946, her estate sold the mansion to the Republic of Yugoslavia
for $300,000. The $150,000 loss on the sale price was due to the depressed postwar real-
estate market and the fact that many of the furnishings had been sold separately at
auction.
Whoever buys it will own a piece of New York historyl/pullquote]The purchase was
heralded in the local newspapers "ft is considered one of the finest private homes
remaining on Fifth Avenue," gushed The New York Times when Yugoslavia took
possession of the property in December 1946.
For decades, the building served as the nation's UN Mission, and it still features a
remnant of the Cold War— a secret top-floor, metal-padded room known as a Faraday
Cage that allowed officials of the Soviet ally to converse or make calls without the risk of
being wiretapped.
The mansion, with its bullet-proof windows overlooking Central Park, was also used as a
temporary hideout for Yugoslav strongman Josip Broz Tito following an assassination
attempt against him at the Waldorf Astoria hotel in 1963.
Two years earlier, Tito and the leaders of Egypt, Ghana, India and Indonesia drafted plans
for the creation of the Non-Aligned Movement — an alliance of nations that purported to
not be aligned with any of the Cold War superpowers — in one of the front parlor rooms.
The landmark bore witness to the fractured history of Yugoslavia itself as wars splintered
the country into several different entities. It now houses the offices of Serbia's Permanent
Mission to the United Nations.
Last week, after years of legal wrangling, Bosnia, Serbia, Croatia, Slovenia and
Macedonia — the five countries that are the successor states to the former Communist
republic — hammered out an agreement to sell the mansion and a sprawling Park Avenue
co-op that used to be the UN ambassador's residence.
But any potential buyers will have to overcome an unusual diplomatic hurdle, as
representatives from all five states must sign off on both sales. The proceeds will be
divided among the states, Harper said.
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PURCHASE PRICE: US$ 50,000,000 net to Seller;
TAXES: NYS/NYC Transfer Taxes Payable by Purchaser at closing, as condition of closing;
BROKERAGE FEE: 5% of the above purchase price, in addition to the above purchase price, payable by
Purchaser at closing, as condition of closing;
OTHER CLOSING COST: Any and all other closing cost typically paid by the seller, including but not limited to NYS
mansion tax, payable by Purchaser;
OTHER TERMS/CONDITIONS: Property sold "as is" with all personal property included (except for a select number of
newer artwork in the building);
Contract free of any and all contingencies by Purchaser, including but not limited to
financing, engineering, architect, etc.;
No representation by Seller of any systems' life expectancy or working condition;
No representation by Seller of leaks on roofs, basements, windows, doors, interior, etc.;
Delivery vacant of any residents/occupants;
Delivery with open permits and/or violations, if any;
Sale subject to Secretary of State approval;
Seller exempt from property taxes; no representation by Seller as to what the taxes will
be for Purchaser.
Ceamkeiladi groat74.•
Tristan H. Harper
Douglas Elliman Real Estate
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ℹ️ Document Details
SHA-256
b716f1e4824dfbe1a33bd74f2906d71b85fbd9db9693007cc2c4fa81994236e1
Bates Number
EFTA00796216
Dataset
DataSet-9
Document Type
document
Pages
33
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