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Olivier Sarkozy’s New York home with ex Mary Kate Olsen goes up for sale for $10.5 million

A potential love nest that two star-crossed lovers never shared – or finished renovating – can now be yours for less.

Just two days after French banker Olivier Sarkozy had a VIP dinner at Soho’s Balthazar brasserie on Monday, the 52-year-old has relisted his combined Turtle Bay townhouse for $10.5m – $1m less than its asking price in August 2021 – following a change in brokerage, according to a StreetEasy Wednesday listing update.

Otherwise known as the Hunnewell Mansion, Sarkozy – through a limited liability company – purchased the 38-foot-wide property at 226-228 E. 49th St. in April 2014 from artist David Deutsch for $13.5 million. It was about a year and a half before he married former child actress Mary-Kate Olsen – whose reception, which included “bowls and bowls full of cigarettes, and everyone smoked all night”, seems to have taken place in this same property.

Just before their wedding, the couple undertook a complete renovation of this house. But according to The New York Times, which last summer reported the 8,700-square-foot spread asking for $11.5 million, that process has stalled. Additionally, Sarkozy – the half-brother of former French President Nicolas Sarkozy – and Olsen, 35, finalized their divorce in early 2021.

The combination of two townhouses is located at 226-228 E. 49th St.
Erik Thomas/New York Post

The pair never moved in. But now anyone can – specifically, someone wealthy enough to pay the asking price, over $100,000 in annual property taxes and, yes, a renovation for the “architect-ready” offer, like the describes the list this.

The house has five habitable floors and as many wood-burning fireplaces. The pictures in the listing, while particularly empty, show a painted, 22-foot coffered ceiling. Elsewhere there are also dark wood paneling, mirrored walls, a skylight, and arched windows that lead outside. As for the private outdoor spaces, they include a 38-foot garden, according to the floor plan. There used to be a roof-level swimming pool and a lift, but they would have been removed.

Olivier Sarkozy’s New York home with ex Mary Kate Olsen goes up for sale for $10.5 million
The couple divorced in 2021.

This property dates from 1921 and at one time housed a woman named Charlotte Hunnewell Sorchan (whose surname later became Martin after she remarried the same year). She created Turtle Bay Gardens, a shared green space surrounded by townhouses between East 48th and East 49th Streets and Second and Third Avenues.

She bought the 21 surrounding townhouses in 1919 and initially had the goal, among wealthy friends, of creating a community by renovating the houses and sharing a backyard between them, according to the Times, although this never materialized. . She did it herself – and eventually sold most of the other houses after construction was completed in 1921.

They attracted the artistic ensemble. Over the years, residents have included actress Katharine Hepburn and composer Stephen Sondheim. But Martin kept this one, now Sarkozy’s, as his own.

Other images in the listing show the gardens, whose owners share maintenance costs, as well as a communal promenade. Other features of the home include a garage and six bedrooms.

Catherine Juracich, Thomas Ventura and Douglas Elliman’s Alexis Godley have the list.

New York Post

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