Stanford White's 973 Fifth Ave. has sold for $46M

New York Post

27-05-2025

One of the few remaining single-family mansions designed by legendary Gilded Age architect Stanford White has just found a new owner — at a steep discount from its original list price.
The limestone townhouse at 973 Fifth Ave., overlooking Central Park, has sold for $46 million after years of price cuts and market stops, according to city records filed last week.
The 16,000-square-foot Beaux-Arts residence — built in the early 1900s and restored with painstaking attention to detail — was most recently listed for $49.9 million.
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At its peak, it sought as much as $80 million when it first came to market in 2021.
13 After years on and off the market and $30 million in price cuts, one of New York City's last remaining single-family townhouses by Gilded Age architect Stanford White has sold for $46 million.
Will Ellis/DDReps for Corcoran
13 Located at 973 Fifth Ave., the mansion occupies 16,000 square feet.
Will Ellis/DDReps for Corcoran
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The buyer, operating under the limited liability company 'Bliss on 5th LLC,' officially closed on the property on May 21. The new owner could not immediately be further identified by press time.
The seller, an entity tied to former Goldman Sachs partner David Leuschen, purchased the mansion in 2012 for $42 million. In the years since, the owner invested heavily in a full-scale renovation aimed at preserving the home's architectural integrity while integrating modern luxuries.
'Everything was fully either restored or put in brand new,' Corcoran's Andres Perea-Garzon, who co-listed the property with Carrie Chiang and Lesley Schulhof, previously told The Post. 'It's an homage to Stanford White.'
13 The six-story limestone mansion once asked $80 million and finally entered contract in February before closing May 21, per city records.
Will Ellis/DDReps for Corcoran
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13 The buyer is listed as 'Bliss on 5th LLC.'
Will Ellis/DDReps for Corcoran
13 The previous owner, an LLC tied to former Goldman Sachs partner David Leuschen, purchased the property for $42 million in 2012 and invested millions more into a meticulous restoration.
Will Ellis/DDReps for Corcoran
The six-story home is one of just two remaining townhouses in Manhattan that remain true to White's original single-family design.
White — whose architectural credits include the Washington Square Arch and the Players Club — was one-third of the famed firm McKim, Mead & White. Most of his residential works have long been repurposed into institutional or commercial uses.
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'973 Fifth Avenue is not just an address — it's a statement of timeless elegance and ambition,' Chiang previously said in a statement.
13 The mansion features nine woodburning fireplaces, stained-glass windows, and amenities such as a rooftop terrace, wine cellar, steam room and vaults.
Will Ellis/DDReps for Corcoran
13 Built directly across from Central Park, the Beaux-Arts home is one of only two Manhattan townhouses still intact as White originally designed, making it a rare architectural survivor.
Will Ellis/DDReps for Corcoran
13 While its historic craftsmanship remains, the home has modern upgrades including five kitchens, a new elevator and advanced air systems.
Will Ellis/DDReps for Corcoran
'Every corner, every detail tells a story of unparalleled luxury, where history and modernity intertwine. It creates an unforgettable experience for those who are fortunate enough to call it home.'
Indeed, the mansion combines Old World grandeur with 21st-century comforts.
Among its period features: nine woodburning fireplaces, elaborately carved woodwork, stained-glass windows and soaring ceilings.
13 Architect Stanford White.
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13 A second level hallway.
Will Ellis/DDReps for Corcoran
13 The rooftop terrace overlooks Central Park and Manhattan skyline.
Will Ellis/DDReps for Corcoran
Updates include five kitchens, a new elevator, a rooftop terrace with sweeping city views, a steam room finished in Venetian plaster, a silver vault and a climate-controlled wine cellar.
Though much of the architectural flair has been preserved, some original details have evolved.
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'Some of the interiors may have been Stanford White,' the architect's great-grandson, architect Samuel White, previously told The Post. 'But I suspect that the owners over the years have changed the interiors around.'
13 The property features 11 bedrooms.
Will Ellis/DDReps for Corcoran
13 A second bedroom.
Will Ellis/DDReps for Corcoran
White's legacy is not without controversy.
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In 1906, the architect was fatally shot by millionaire Harry Kendall Thaw in a dramatic, high-profile murder atop the original Madison Square Garden, which White designed. The killing, motivated by Thaw's jealousy over White's relationship with the showgirl Evelyn Nesbit, remains one of New York's most sensational scandals.
The sale of 973 Fifth may not have shattered records, but its historical significance and architectural pedigree still made it a coveted gem in a crowded market.
As Perea-Garzon put it: 'This is unbelievably rare.'