By Gus Saltonstall
After years of complaints over construction noise and debris, a buyer has signed a contract for a townhouse at 48-50 West 69th Street, between Columbus and Central Park West, that was asking for $85 million, as reported by The Real Deal.
While the sale price isn’t public as of June 2, if the property closed for $85 million, which was its most recent asking price, it would be the most expensive deal ever for a home on the Upper West Side. It would fall $5 million short of the record for a townhouse sale in the city, a $90 million Upper East Side address that sold in 2018.
This is not the first time that 48-50 West 69th Street has made headlines.
The two addresses were bought by a French businessman and his wife in 2011 for $24.5 million. The buildings were then demolished in 2018 and replaced by one larger combined property. During that construction period, a petition created by neighbors in 2019 complained that “The people who live on both West 69th Street and West 68th Street awaken each morning to the jolting sounds and vibrations of jackhammers digging deeper into the center of the earth like thunderous meteor showers hitting the land.”
The same year, the New York Times penned an article about the project titled — “That Noise? The Rich Neighbors Digging a Basement Pool in Their $100 Million Brownstone.”
Reporting at the time estimated that the owners put around $100 million into combining and renovating the two addresses.
Here is a video from Gothamist that gives an idea of the construction noise that went along with the project.
The newly formed eight-story townhouse has five bedrooms, eight full bathrooms, a limestone floating staircase, fireplaces, a 55-foot indoor lap pool, and a wraparound terrace, according to a listing.
You can see photos of the inside of the property — HERE.
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