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Hedge Funder Snags Manhattan Country School Townhouse for $20M

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The historic townhouse, which was landmarked in 1967, was originally listed for $23 million

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The historic former home of the Manhattan Country Day School has officially sold, after hitting the market three times in the past few years. And, perhaps unsurprisingly considering its history, the French-inspired limestone manse sold under its asking price. The buyer, hedge funder Edmond Safra (the nephew of late Brazilian financier Edmond J. Safra), picked up the 17,000-square-foot home for $20 million, according to The Real Deal.

The house itself was designated as one of New York's earliest landmarks, thanks to its architect, Ogden Codman (who designed homes for the Rockefellers and the Vanderbilts, among other powerful New Yorkers), and its design, which the Landmarks Preservation Commission singled out for its "Parisian charm" and "frivolous vitality." Its features include a porte-cochere, parquet de Versailles flooring, and Juliet balconies; here's hoping the landmark status keeps the Safras from changing the place too much.