Right (Real Estate) Said Fred (Wilson)

Fred over at Union Square Ventures apparently has some primo New York real estate for sale:

According to the real-estate database ROLEX, a compilation of listings shared by city brokerages, a 55-foot-wide townhouse at 11 West 10th has gone to contract. (Fifty-five feet is about a third of the width of an N.F.L. football field.)

The blogging venture capitalist Fred Wilson owns the 15,000-square-foot townhouse, which he listed in July with Debbie Korb at Sotheby’s International Realty. The asking price was $37.5 million.

If it closed near there, this 1847 mansion would be the most expensive single-family residence downtown.

…The mansion was built as a Greek Revival row house in the mid-19th century. Afterward, it became the Milbank Memorial Home, and then the Milbanks donated the place to the lady Christians.

“It was an amazing place,” Ms. Hashey said, “with young women from out of state in, you know, 10-by-eight-foot rooms. Thirty of them! Thirty bedrooms!”

But its look has changed. Ms. Hashey, who last saw the house two months ago, said that the celebrity architect David Piscuskas “redid every inch of the house” for the Wilsons. The place now has an elevator to navigate among the five floors, plus a playroom that’s “like a basketball court.”

Related posts:

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  2. Real Estate Price/Map Mashup
  3. The Post- Real Estate Boom Economy
  4. The Other Real Estate Bubble: Magazines and Media
  5. Reality TV, Enron, & the Real Estate Bubble

Comments

  1. Holy crap — that kind of dosh could finance a boatload of startups.

  2. Mark Evans says:

    i guess with that kind of pad, contributing $30K of blog revenue a month is too much of a pocketbook pinch…:)

  3. Jimbo says:

    Say it aint so, Fred. The humble down to earth VC has a $35 million house? 12,000 Sq Ft? What happened to the shake shack? Here is some info on the mortgage:
    Date Doctype Amount Party1 Name Party2 Name
    5/23/2006 Subordinationof Mortgage $0 Jpmorgan Chase Bank, N.A. Wilson, Joanne
    5/8/2006 Agreement $7,000,000 Wilson, Joanne Jpmorgan Chase Bank, N.A.
    5/8/2006 Mortgage $5,000,000 Wilson, Joanne Jp Morgan Chase Bank, N.A.
    5/8/2006 Power Of Attorney $0 Wilson, Joanne Wilson, Frederick
    6/16/2005 Subordinationof Mortgage $0 Jpmorgan Chase Bank N.A. Jpmorgan Chase Bank, N.A.
    6/15/2005 Agreement $2,000,000 Wilson, Frederick Jpmorgan Chase Bank, N.A.
    6/15/2005 Mortgage $1,000,000 Wilson, Frederick Jpmorgan Chase Bank, N.A.
    8/16/2001 Mortgage $100,000 Wilson, Frederick Chase Manhattan Bank
    8/16/2001 Mortgage $1,000,000 Wilson, Frederick Chase Manhattan Bank
    6/1/2000 Deed $0 New York Universityschool Of Law Foundation Wilson, Frederick
    10/30/1998 Deed $0 New York University New York Universityschool Of Law Foundation
    5/22/1996 Deed $0 Ladies Christian Union New York University
    8/28/1995 Deed $0 Ladies Christian Union New York Universityschool/Law Foundation
    4/29/1969 Miscellaneous $0 Greenwich Vllg Hstrcdst