It took a nearly $20 million discount, but visual artist Abby Leigh has finally sold her massive Upper East Side townhome.
Leigh and her late husband, composer and producer Mitch Leigh, purchased 49 East 68th Street in 1999. After her husband, who is perhaps best known for the musical Man of La Mancha, passed away in 2014, Leigh decided to downsize from the 12,500-square-foot home. She purchased an apartment at 455 Central Park West, and listed this 25-foot-wide townhouse for $38 million in March 2015.
Alas, it seems not even three exposures, a landscaped roof terrace and an elevator that goes from the basement to the roof proved enough to entice buyers at such a hefty price point. The home received a rather large haircut, all the way down to the most recent $26.5 million listing price.
And so the $20.4 million that Automation Townhouse LLC paid to take ownership of the five-story manse is still quite the deal for the six-bedroom, ten-bath (seven full and four half) red brick-and-limestone house.
The Leighs completed an “extensive” renovation after purchasing the home and restored the facade. There is an artists’ studio on the first floor, so perhaps the new owners are in the creative industries. Or, maybe they happen to be sports fans—there is an interior regulation half-basketball court located inside, per the listing shared by Corcoran brokers Steven Cohen, Jerry Huang and Robert Varava.
There are lots of exposed brick walls and a wood-burning fireplace in one of the bedrooms, per the listing photos. There’s also a large library with an abundance of wood bookshelves, as well as a screening room of sorts. If, for some reason, one feels the need to actually leave the townhouse premises throughout the day, the listing also declares that it is perfectly located amid “all” shopping and dining.