The New Faculty’s Greenwich Village townhouse, a sublime Nineteenth-century brick constructing that has served as a residence for college presidents and a venue for college features for the final 4 a long time, is now in the marketplace.
The asking value is $20 million, in accordance with the itemizing brokers, Nikki Discipline and Mara Flash Blum of Sotheby’s Worldwide Realty. Annual property taxes can be decided on the closing, they stated.
The college just lately determined to promote the property, generally known as the Scatturo Home, situated simply across the nook from the campus at 21 West eleventh Avenue, amid rising stress from college and college students to seek out methods to offset a looming price range deficit. The townhouse is presently occupied by the interim president, Donna Shalala, a former member of Congress and secretary of well being and human companies below President Invoice Clinton.
4 different college presidents have lived on the townhouse because the New Faculty bought it for $990,000 in 1984 from the kids’s science e book authors Herman and Nina Schneider. (Public information present a $740,000 mortgage was taken out and repaid in 1995.)
The five-story construction — 20 ft large with a traditional entrance stoop and window packing containers for flowers — encompasses 4,038 sq. ft, with 4 bedrooms, 5 and a half bogs and a library/media room that may very well be transformed into an extra bed room. There’s a complete of 900 sq. ft of out of doors area, together with a roomy terrace off the first bed room and a landscaped and irrigated rear backyard with bushes, assorted vegetation and perennial flowers — a well-liked backdrop for college occasions.
“These occasions embrace scholar, college and workers receptions and neighborhood gatherings,” Amy Malsin, a spokeswoman for the college, stated in an electronic mail.
The house underwent a serious transformation in 2000 and had extra upgrades in recent times, in accordance with Ms. Malsin. It was devoted in 2003 to Philip J. Scatturo, a former chancellor and trustee of the varsity.
Among the many numerous adjustments to the constructing, Ms. Blum stated, had been a brand new kitchen with radiant-heat tiled flooring, central air-conditioning, new home windows and bogs, and the addition of a dramatic two-story glass wall and door panels that overlook and open to the backyard.
“The home has been upgraded and renovated, nevertheless it nonetheless maintains its appeal and historical past,” Ms. Blum stated, noting that some authentic architectural particulars stay, just like the marble hearth mantels, painted pillars, and the staircase with mahogany balustrades. “The bones of the home are stunning,” she added.
Designed in a Greek Revival type with Federal structure influences, the house is located within the Greenwich Village Historic District, between Fifth Avenue and Avenue of the Americas. It was in-built 1838, initially with two and a half tales, as a part of a row of homes on West eleventh Avenue, and several other a long time later was modernized and expanded.
“West eleventh is a really sought-after and extremely regarded block,” Ms. Discipline stated of the situation. “Some folks discuss with it because the billionaires’ row downtown.”
The primary entrance to the townhouse is thru a lobby on the parlor ground that opens to a big front room, the place there’s a working wood-burning hearth, one in every of two within the house.
Past the lounge is the formal eating room, overlooking the backyard, and a powder room.
The eat-in kitchen is downstairs, on the backyard stage, which has a separate exterior entrance by means of a wrought-iron gate, in addition to entry to the backyard within the again by means of glass doorways. The kitchen is supplied with granite counter tops, high-end home equipment, a middle island with a breakfast bar, and a big pantry. The backyard stage additionally has a mudroom, areas for storage and laundry, and a toilet.
The first bed room suite is on the third ground and options two bogs, two massive walk-in closets and a terrace. Throughout from the bed room is a library/media room with a fire and built-in cabinets. Upstairs are two extra bedrooms and a shared rest room, and on the prime is a visitor suite with a toilet and an train space.
“My favourite room is the lounge,” Ms. Shalala stated by means of the varsity spokeswoman, including that she has particularly loved studying the newspaper there in entrance of the fireside.
All through the home are hardwood flooring and extra-large home windows that permit in loads of daylight, and displayed in most of the rooms is a rotating assortment of paintings from the college.
“It’s like a dwelling, respiration gallery,” Ms. Discipline stated.
“The brand new homeowners could have loads of alternatives to show their very own assortment,” Ms. Blum added.
