Woolworth Mansion, Once for Sale, Now for Rent

Frank Winfield Woolworth Source: Wikicommons

Recently a contender for the most expensive homes list, the Woolworth Mansion in Manhattan is now an addition to the list of most expensive rentals.

The current owners, according to the New York Observer, are looking for a tenant to lease for a minimum of two years at $150,000 per month.

And despite what you may think about paying 150 grand a month, it’s actually quite a deal in the New York real estate scene. Listing agent Paula Del Nunzio explained to the Observer that at almost 20,000 square feet and 35 feet wide, furnished or unfurnished, you get quite a lot for your money. She compared it to a 7,000-square-foot townhouse that was currently renting for $80,000 a month.

The 7-story Woolworth townhouse was built by discount retail magnate Frank Winfield Woolworth at the turn of the 20th century as a home for one of his three daughters. Woolworth had a classic rags-to-riches story, going from stock boy to the owner of more than 1,000 stores by his death.

Designed by architect Charles Pierpont Henry Gilbert, the Woolworth Mansion features a grand front drawing room spanning 35 feet with windows that stretch from the floor to the 14-foot-high ceiling, a wood-paneled library and grand central staircase.

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