Times of India·3 min read·medium

Former Morgan Stanley CEO’s $13.5m Manhattan home now lists for $80m

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TOI REAL ESTATE DESK
Former Morgan Stanley CEO’s $13.5m Manhattan home now lists for $80m
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Former Morgan Stanley CEO John Mack has listed his custom-built Manhattan townhouse for $80 million, potentially setting a new record for New York City real estate. The property features extensive security and luxury amenities.

Why it matters

The listing highlights the extreme luxury real estate market in New York and the lifestyle of high-net-worth individuals.

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Former Morgan Stanley CEO John Mack and his wife Christy have put their Upper East Side abode on the market for a whopping $80M, making it the most expensive townhouse currently on sale in New York City. If sold at the listed price, the deal would break the city's townhouse record, previously set in June 2019 when 14 East 67th Street, a 22,000-square-foot mansion, was sold for $77.1 million.The couple bought the abode in the form of a 33-foot-wide building that had never been a home at all. Located at 165 East 70th Street, they scooped it up for $13.5 million in 2009, according to property records, back when Mack was a Wall Street giant, working at Morgan Stanley as the CEO. The building actually dates to 1902, when society architect C.P.H. Gilbert, the mind behind some of Fifth Avenue's grandest mansions, designed it for banker Henri P.

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