Olivier Sarkozy sells NYC townhouse for $10.25M


The Manhattan townhouse where the French banker Olivier Sarkozy aimed to live in wedded bliss with former child star Mary-Kate Olsen has sold after a year on the market — and more than a year after the couple finalized their divorce.

Sarkozy, the half-brother of former French president Nicolas Sarkozy, parted ways with the gutted Turtle Bay property to the tune of $10.3 million, the Wall Street Journal reported. The new owner: Deborah Osburn, the founder of online tile company Clé Tile.

Osburn resides in the San Francisco area and purchased the home to have as a base for bi-coastal living — and to own as a renovation project. Osburn told the Journal she wasn’t really looking for a home in New York, but fell in love with this listing after reading about it in the press.

“I couldn’t get it out of my head,” she told the outlet. “More creativity than I could imagine is oozing out of the walls of this house.”

Sarkozy, via a limited liability company, bought the 38-foot-wide home for $13.5 million from the artist David Deutsch in April 2014. He tried selling it last August for $11.5 million. In April, the property returned for sale asking $10.5 million, as The Post reported.

The couple, now divorced, appear to have held their 2015 wedding reception in this home.
The couple, now divorced, appear to have held their 2015 wedding reception in this home.
WireImage
The property most notably includes a ballroom with a 22-foot-high coffered ceiling.
The property most notably includes a ballroom with a 22-foot coffered ceiling.
Michael Alley/Allyson Lubow Photography/The Corcoran Group
A close-up of the ornate ballroom ceiling.
The ornate ballroom ceiling.
Michael Alley/Allyson Lubow Photography/The Corcoran Group
Sarkozy and Olsen neither finished their renovation of the home -- nor did they ever move in.
Sarkozy and Olsen neither finished their renovation of the home, nor did they ever move in.
Michael Alley/Allyson Lubow Photography/The Corcoran Group
Located in Turtle Bay Gardens, the home opens to a large outdoor space.
In Turtle Bay Gardens, the home opens to a large outdoor space.
Michael Alley/Allyson Lubow Photography/The Corcoran Group

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