New York’s largest and most important New York building, River House, located off FDR Drive on East 72nd street overlooking the East River, is up for sale at with $130M price tag. Built in the early 1930s, this landmark co-op building was the symbol of deluxe lifestyle and used to include such an exclusive private members’ club as to turn down celebs like Gloria Vanderbilt and Richard Nixon. Besides, it has also housed high-profile residents like Rothschild and Henry Kissinger.
It is the first time that River House has hit the market with its generous offer of the Residence in its existing state. The new owner will have the chance to turn it into the ultimate urban home. The Residence is spread over 62,000 square feet on five levels and boasts 8 bedrooms and 10 bathrooms. Originally it was designed by noted architect William Bottomley while the proposed renovation plan was designed by Tony Ingrao. According to his plans, the palatial scale of this stunning residence will be accessed through a private entrance/living into a 8,400 square-foot entrance level, the main public rooms featuring 20’ ceilings and lavish light-flooded space. The garden/leisure level encompasses a swimming pool, tennis court, wine cellar, theater room, spa and gaming room. The bedroom level comprises a large master suite, his and her bathrooms, dressing rooms and countless closets. The staff level include around 6,000- square-foot work space, bedrooms and lounges.
On account of its noted uniqueness, The River House co-operative corporation is entitled to settle its own renovation and utilization policy.