New York Daily News profiles Sullivan Street Townhouses

February 12, 2015

BY: New York Daily News

Montroy Andersen DeMarco is the Architect for these Cary Tamarkin designed townhouses.

EXCLUSIVE: 2-in-1 SoHo townhouse fit for a king to list for $30M plus

Want to be the king or queen of SoHo? Now you can. A real-estate investor is combining two townhouse development sites to build a massive single-family compound on one of the neighborhood's most sought-after blocks. The price tag: just a little over $30 million.

The prospective 50-foot-wide, 13,000-square-foot mega-mansion, on Sullivan St. between Broome and Spring Sts., would be delivered as an empty shell so the buyer can customize it to his or her liking.

 “You could create your own little world in the middle of SoHo,” said developer Robert Gladstone of Madison Equities, who is developing the property with Kevin Maloney of Property Markets Group. “This will be the most unusual residence downtown.”
Gladstone and Maloney, who are also developing an adjacent tower at 10 Sullivan St., originally intended to build four townhouses on the lot but decided to combine two of the four pieces in order to meet demand from buyers who want to build their dream homes from scratch. 

The combined home, which would be the largest in the neighborhood, would be the same width as the famous Harkness Mansion on the Upper East Side, which sold for $53 million in 2006, setting the record for the most expensive townhouse ever in New York City.

Marie-Claire Gladstone, Julia Cahill and Tom Cooper of the Corcoran Group are marketing the deal.