After 21 years on and off the market, the pressure is on to sell 163 E. 64th St. -- lest it be sold off in a foreclosure auction.For 21 years, the grand townhouse at 163 E. 64th St. has been on and off the market, bouncing among nearly every brokerage in town., now asking a much lower $15.99 million.
In the past, Laub wasn’t particularly interested in selling, “but I am a serious seller now,” he told The Post, in a message conveyed by the current listing agent,of The Agency. “This is a large house. It’s an even larger house when you are 85 years old than when you were 55. So it’s time to slim down.”
“We hosted Liza Minnelli’s engagement party. The list of performances is extensive. The whole second floor is professionally wired for sound and recording. Music has played a major role in my life and in the creation and use of my home. If you are interested,After a seven-year slog in court, with several lenders suing Laub for allegedly failing to pay, the house is in foreclosure. Last month, a New York court ordered that the house be auctioned off within 180 days.
Pandemic issues “drastically curtailed Mr. Laub’s extensive efforts to sell his property,” with the elimination of in-person showings and “the travel ban against European visitors who make up the largest pool of potential purchasers,” according to court papers filed by another of Laub’s lawyers.
Laub’s house — with its current $15.99 million ask — is listed as having 8,000 square feet. Some insiders call the figure misleading, however, since that includes the basement space. City records say the “gross living area” is 6,716 square feet. “The elevator is well-done and well-located,” said one real-estate insider. “For a lot of buyers, an elevator is a make-or-break amenity because it is hard to carve out a space for an elevator without really breaking up the floor plan.”“Properties like this are unique,” Scharf said. “They have individual features and it is difficult to compare. Like all unique properties, it is subject to many vagaries.