After years of work, a West Village megamansion is finally making its public debut with an asking price that could upend local records.
The 13,000-square-foot townhouse at 105-107 Bank Street was listed for $75 million, the Wall Street Journal reported. That works out to $5,769 per square foot for the Robert A.M. Stern Architects design.
The home features six bedrooms. The primary suite includes dual bathrooms, dressing rooms, a sitting room and private terrace. There’s also a six-story floating staircase and a roof skylight.
RoundSquare Builders acquired the separate walkups in 2021 and 2022 for a combined $18 million, though the firm didn’t disclose how much construction cost over the succeeding years.. The company needed approval from the Landmarks Preservation Commission before gutting the century-old properties.
The townhouse is revamped, but its history remains present: John Lennon and Yoko Ono lived at 105 Bank, while composer John Cage lived at 107 Bank. The rear of the house includes a spiral staircase refurbished and lifted from Lennon’s apartment.
The downtown townhouse record fell only last year, when Slack co-founder Stewart Butterfield and Away co-founder Jen Rubio bought a double-wide townhome for $72.5 million.
Leslie Garfield’s Matthew Lesser has the listing. He refused showings and visits to the 40-foot-wide property until it was complete, reluctant to display anything less than a finished product.
The process of combining properties into a megamansion is controversial and can draw local opposition. Buildings that once housed multiple families become singular residences for a select few, seemingly in contrast to the housing shortage the city faces.
Combining apartments or replacing small-unit multifamily buildings with oversized townhouses or large duplexes has cost the city more than 100,000 homes over the decades. At one time, it was far more common for developers to convert single-family row houses into co-ops or multifamily rentals.
— Holden Walter-Warner
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