{"id":1285,"date":"2006-07-12T09:50:52","date_gmt":"2006-07-12T17:50:52","guid":{"rendered":"https:\/\/www.bridgeandtunnelclub.com\/wordpress\/archives\/2006\/07\/how_did_that_work_out_for_you-2.html"},"modified":"2008-01-24T19:05:10","modified_gmt":"2008-01-25T00:05:10","slug":"how_did_that_wo_1","status":"publish","type":"post","link":"https:\/\/www.bridgeandtunnelclub.com\/blog\/archives\/2006\/07\/how_did_that_wo_1.html","title":{"rendered":"How Did That Work Out For You?"},"content":{"rendered":"

Are we to assume this means that by destroying the house in order to keep it from his ex-wife, she will perhaps earn even more from the land? How’s that for irony<\/a>:<\/p>\n

The gas blast that leveled Dr. Nicholas Bartha’s landmarked Upper East Side townhouse didn’t lower the property’s value — and may even have increased it, real-estate experts told The Post.<\/p>\n

“The value is not in the building, but the land on which it sits — especially in that area,” said Corcoran Group CEO Pamela Liebman.<\/p>\n

Another broker, who asked not to be named, said the site, minus the four-story brownstone “is a developer’s dream” because there’s no need to pay for demolition or to go through the costly and time-consuming process of evicting tenants.<\/p>\n

He added that it also could be more desirable because a developer wouldn’t have as many landmark issues to contend with — although the new building’s fa\u00c3\u00a7ade would have to be a reasonable facsimile of the original.<\/p>\n

Another real-estate source, who has visited the house that Bartha allegedly destroyed rather than give up, said that beyond the exterior, the 96-year-old, 4,931-square-foot house at 34 E. 62nd St. “wasn’t all that terrific.”<\/p>\n

“Someone would have bought the place and gutted it,” he said.<\/p>\n

So how much is the property worth?<\/p>\n

Most experts put the value, with or without the intact four-story brownstone, at between $7 million and $9 million.<\/p>\n

The average price of a townhouse on the Upper East Side is $7 million, real-estate experts said. But because Bartha’s lot is slightly wider — 20 feet, rather than 18 feet — it could bring more.<\/p>\n

. . . [W]ith a new 8,000-square-foot house built on the site, it could sell for about $15 million, real-estate agent Toni Simon of Halstead Properties told Bloomberg News.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Are we to assume this means that by destroying the house in order to keep it from his ex-wife, she will perhaps earn even more from the land? How’s that for irony: The gas blast that leveled Dr. Nicholas Bartha’s landmarked Upper East Side townhouse didn’t lower the property’s value — and may even have […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,10,26],"tags":[],"class_list":["post-1285","post","type-post","status-publish","format-standard","hentry","category-insert_muted_trumpets_sad_wahwah_here","category-manhattan","category-tragicomic_ironic_obnoxious_or_absurd"],"_links":{"self":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/1285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/comments?post=1285"}],"version-history":[{"count":0,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/1285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/media?parent=1285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/categories?post=1285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/tags?post=1285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}