Tuesday, July 6, 2010

Stephanopoulos Buys a $6.5 Million Manhattan Apartment



Political correspondent George Stephanopoulos seems to have rebounded just fine since getting shortchanged on his Georgetown mansion, which sold for $1 million less than its asking price a few weeks ago for $5.45 million. He's now landed a full-floor residence in New York City's well-to-do Upper East Side neighborhood for $6.5 million, reports The New York Observer.

Stephanopoulos, who is the relatively new face of ABC News' "Good Morning America, has relocated with his family, actress wife Alexandra Wentworth and the couple's two daughters, to New York City to take over the post formerly held by Diane Sawyer.

So, after spending about a million more for his move to the Big Apple, did the Stephanopoulos clan trade up in their move to Manhattan?


Back in their old hometown of Washington, D.C., Stephanopoulos and his family lived in a 5,652-square-foot Georgian-style brick mansion. The estate had an 11-foot ceiling and crown moldings on the inside and has been described as looking like a small liberal arts university from the exterior.

Well, in New York City, the Stephanopouloses certainly didn't trade up for more space.

Compared to their six-bedroom and 6.5-bathroom townhouse in Georgetown, the new co-op, situated at 30 East 72nd St., is a much smaller, prewar three-bedroom. (Another one-bedroom currently on the market in this high-rise is only 1,100-square-feet).

The 16-story doorman building has 27 units in total, and reports say the place comes with a private elevator vestibule, a wet bar, walk-in closets, a wood-burning fireplace, and a kitchen with double ovens and a six-burner stove.
Stephanopoulos upgrades to a $6.5 million New York City home
And it's in a prestigious location -- between Madison and Park Avenues and about a block-and-a-half from Central Park -- in the 10021 zipcode, where the median sales price of a home is $1.5 million, according to the real estate search website, Trulia.com.

Over the past month, nearby homes have sold in the price range of $2.8 million to $3.8 million, the site also reveals.


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