11 West 10th Street
11 West 10th Street | New York, NY 10011
NO ASSEMBLY REQUIRED
Over 100 years ago, a financial titan set out to create the widest townhouses uptown and downtown. He chose the best blocks in both neighborhoods, but realized he needed to assemble or, in the case of 11 West 10th Street, build an additional townhouse to achieve a width not available from the architecture of the day.
Today, high-net-worth townhouse buyers are trying to do the same thing Jeremiah Milbank did in the early 20th Century: buy two or three townhouses and create a mansion in their own vision.
11 West 10th Street, at 54.5 feet wide, on one of Greenwich Village's finest blocks, does not require the new owner to assemble more property to create incredible width on a superb block. In this capacity, Jeremiah Milbank was a pioneer of luxury townhouse living.
THE MILBANK LEGACY
Jeremiah Milbank followed in his father's tradition of entrepreneurship: Texas territorial bonds, railroads, and condensed milk with Gail Borden. In addition to his business ventures, he was a counselor to President Franklin Roosevelt on health issues such as seeking a cure for infantile paralysis and diphtheria and rehabilitating the handicapped. His spiritual beliefs led him to finance the 1927 biblical epic "King of Kings", directed by Cecil B. DeMille.
De Mille later wrote: "...two of the finest men I have ever known with the largest minds and highest ideals, were also men of great financial power. One of them is Jeremiah Milbank."
THE MILBANK MANSION ON THE UPPER EAST SIDE
For his own uptown Manhattan home, Milbank began the quest for a wide townhouse when he chose 16 East 67th Street between Fifth Avenue and Madison Avenue on the Upper East Side and combined it with 14 East 67th Street in 1920 for a total of 48 feet in width.
That mansion was acquired in 2008 for $49 million. Eleven years later it sold again for $77.1 million. ... more on SOTHEBYSHOMES.COM/RPLU21919989562