The Real Estate Whims of Libet Johnson: Heiress Looking to Sell the Vanderbilt Mansion, Lusting After Huguette Clark Spread
The problem with getting what you want is that sometimes, once you have it, you don’t want it anymore. The Observer has learned that Libet Johnson is looking to offload the Vanderbilt Mansion, the stately neo-Georgian mansion at 16 East 69th Street that she spent $48 million to buy scarcely more than a year ago.
Sources tell us that Ms. Johnson has been quietly shopping the townhouse around, hoping to sell for a price in the mid-$50 million range. Which does not come as a huge surprise—the heiress to the Johnson & Johnson fortune and the sister of NY Jets Owner and Romney bundler Woody Johnson has a reputation for falling in, and out, of love with extravagant real estate. She bought the townhouse, sans broker, from her friend and fellow heiress Sloan Lindemann Barnett and Ms. Barnett’s husband, the founder of beauty.com. What’s a $48 million townhouse between friends? Read More