One of the few surviving Gilded Age mansions designed by a revered NYC architect has listed for a massive discount

A dazzling Fifth Avenue mansion designed by the famed Gilded Age architect Stanford White is back on the market — this time with a major price cut. The sprawling 16,000-square-foot limestone home at 973 Fifth Ave., located directly across from Central Park, is now listed for $49.9 million, a significant drop from its original $72.5 million price tag in 2023. This architectural gem is “unbelievably rare,” co-listing agent Andres Perea-Garzon of Corcoran told Mansion Global, which reported on the listing. Perea-Garzon shares the listing with colleagues Carrie Chiang and Lesley Schulhof.Specifically, this is one of two Stanford White-designed townhouses in Manhattan that were intended for single-family use and remain that way today, meaning this offering boasts an incomparable pedigree, not to mention a special opportunity to own a real piece of New York City history.White’s work during his career included the Washington Square Arch and the Players Club; he had been affiliated with the firm McKim, Mead & White, best known for the original Penn Station and Madison Square Garden.Overall, White’s own work included a number of other existing townhouses around the city today, though they’re used for other purposes.

They total eight, and include 12 W.56th St., being used for a store and offices, and 457 Madison Ave., being used as offices, stores and a hotel.

White also designed the 32 houses on Striver’s Row in Harlem, though it’s unclear how many are still occupied as single-family dwellings; he also lent his touch to 18 and 19 St.Austin’s Place on Staten Island.This listed home’s current owner, who purchased the home for $42 million in 2012, embarked on an extensive restoration, bringing the mansion “back to its original glory,” Perea-Garzon said.

“Everything was fully either restored or put in brand new,” he added. “It’s an homage to Stanford White.” Inside, the 11-bedroom estate is a lavish step back in time, featuring nine ...