Nathaniel L. McCready House explained

The Nathaniel L. McCready House, also known as the Harkness Mansion, is a mansion at 4 East 75th Street on the Upper East Side of New York City. Completed in 1896 for Nathaniel L’Hommediue McCready Jr., during the twentieth century it was occupied by Thomas J. Watson, Rebekah Harkness, whose name became associated with the building when she used it as the offices of the Harkness Ballet. In 2011, the home was purchased by Larry Gagosian, who demolished the mansion's interior.

Construction

The mansion was built for Nathaniel L’Hommediue McCready Jr., a stockbroker, and his wife, Jeanne Borrowe McCready.[1] The McCreadies purchased two plots on 75th Street in 1894, and commissioned Trowbridge, Colt & Livingston to design a 50feet-wide French Renaissance-inspired mansion.[1] The building was completed in January 1896 with interior floor space of 20000ft2. The building's limestone facade a second-story iron balcony are characteristic of many houses constructed on the same block in following decades.[2]

Ownership

The house was sold to V. Everit Macy and Edith Carpenter Macy in 1917, who converted it to a rest house for American combatants in World War I.[1] After the war, the house passed to Stanley Mortimer and Elizabeth Livingston Hall. They redecorated the home with Stanley Mortimer's art collection.[1]

In 1940, the house was sold to Thomas J. Watson, founder of IBM.[3] During his residence there, Watson used the house to entertain heads of state from the United Kingdom, Greece, Brazil, and Uruguay.[1] Watson died in 1956 and the home was sold to Eva Fox, widow of Hollywood producer William Fox.

The property became known as the Harkness Mansion when it was sold to Rebekah Harkness in 1964. Harkness' uncle-in-law, Edward S. Harkness, had established a mansion across the street about 50 years before.[2] She used the home to host the Harkness Ballet and other cultural pursuits, but disbanded the ballet in 1975.

In 1987, the home was sold to Jean Doumanian, a film producer, who began renovating it in 2001.[2] In 2006, the home was sold for $53 million to J. Christopher Flowers, a private equity broker, who began an interior renovation of the home.[4] After the housing market crash, Flowers sold the property in 2011 for $36 million to Larry Gagosian.[5] Gagosian, an art dealer, began a four-year gut renovation led by architect Annabelle Selldorf, demolishing the entire structure except for the limestone facade.[6]

Notes and References

  1. Web site: Miller . Tom . The N. L. McCready Mansion -- No. 4 East 75th Street . Daytonian in Manhattan . 28 February 2015 . 1 June 2015.
  2. News: Gray . Christopher . Streetscapes/75th Street Between Fifth and Madison Avenue; Stately Limestone Mansions With a Sense of History . 25 March 2001 . New York Times . 1 June 2015.
  3. Web site: Upper East Side Historic District Designation Report . 2 . 1981 . Landmarks Preservation Commission of the City of New York . 751 . 1 June 2015 . https://web.archive.org/web/20100302194143/http://www.nyc.gov/html/lpc/downloads/pdf/reports/UpperEastSide_Vol2.pdf . 2 March 2010 . dead .
  4. News: Abelson . Max . Record-Holding Harkness Mansion, Bought for $53 M., Asking $49.95 M . New York Observer . 24 February 2009 . 1 June 2015.
  5. Web site: Kershaw . Sarah . Sold for $36,500,000 . 2 September 2011 . City Room . New York Times . 1 June 2015.
  6. Web site: Dailey . Jessica . What's Happening at Larry Gagosian's UES Megamansion? . 18 January 2013 . Curbed NY . 1 June 2015.