29 Beekman Place_Offering Memorandum_em

EXECUTIVE SUMMARY
Rosewood Realty Group is pleased to present the opportunity to purchase 29
Beekman Place, a trophy residence currently in Bankruptcy.
The 12,000 (including basement) square foot palace is located in one of the most
historic and charming residential areas in New York City. Situated in the exclusive
and prestigious enclave of Beekman Place, the townhouse is walking distance from
the United Nations. Spread over eight floors (including basement) the beautifully
proportioned property offers open expansive Eastern and Western exposures which
give way to awe-inspiring East River Views and allow for natural sunlight to pour in
throughout the day. Designed with grand scale entertaining in mind, the garden
level features an astounding 32 foot long commercial grade chef’s kitchen while the
second floor showcases a charming reception area just off the foyer and a long
entrance gallery that leads to a lovely banquet hall. Comprised of 2 large open
living spaces with over 11 foot ceilings, and both eastern and western views, the
third floor demonstrates the truly grandiose proportions of this unique residence.
The solarium off the family room transports you to another world, and is enclosed
by three walls of glass which allow for beaming natural light and endless River
Views. In addition, there are two private terraces totaling almost 1,500 SF of
outdoor space, a true rarity in NYC.
The property features an elevator, wine cellar, Central A/C, 8 wood burning
fireplaces, 6 master suites, 11 bathrooms and 5 additional rooms which can have
any number of uses including offices, maid’s quarters or guest suites.
29 Beekman Place retains an abundance of original architectural details. Dating
back to the 1930’s, the townhouse has had only had 3 previous owners. Its size
and grandeur make it appropriate for a private mansion, Live/Work, or a
Foundation. Just blocks from the United Nations, the palatial property is ideal for a
consulate, embassy, or diplomat residence. The building was constructed in 1934
as the largest of 9 mansions along the tranquil and tree lined Beekman Place. This
exquisite house has a rich history of its own, having once been the home to the
famous William Paley as well as philanthropist Mary Lasker. Do not miss this
opportunity to purchase a piece of New York history which was originally listed at
$49,000,000 but due to its bankruptcy status is priced to sell quickly.
ASKING PRICE: $11,450,000