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Did Chelsea Clinton Buy a $10.5M Pad at Madison Square Park?

Ivan Pentchoukov
Epoch Times Staff
Created: March 14, 2013 Last Updated: March 14, 2013
Related articles: Business » Real Estate
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NEW YORK—Chelsea Clinton is not buying a $10.5 million condo across the street from Madison Square Park, according to a source managing the construction at the property. The New York Post reported that Clinton and her husband, Marc Mezvinsky, had signed a contract on the apartment in The Whitman on E. 26th St.

The Whitman viewed from the south side of East 26th Street on March 14. A source managing the construction at the building told The Epoch Times that contrary to news reports Chelsea Clinton is not buying a unit in the building and has never visited there. (Ivan Pentchoukov/Epoch Times)

The Whitman viewed from the south side of East 26th Street on March 14. A source managing the construction at the building told The Epoch Times that contrary to news reports Chelsea Clinton is not buying a unit in the building and has never visited there. (Ivan Pentchoukov/Epoch Times)

“I was here all day Sunday and no one was here,” the source told The Epoch Times, in reference to reports that Bill and Hillary Clinton visited the building.

“No one has bought anything here.”

The former first daughter has never visited the building, according to the source, who has been been managing the construction at the site since its early stages. Renovations at the building are scheduled to be complete in nine months.

[Related article: Chelsea Clinton Apartment: Former First Daughter Spends $10.5 Million]

The last activity recorded for the building with city’s Automated City Register Information System (ACRIS) occurred on June 12, 2012. The $10.5 million, 4,967-square-foot apartment referenced in other news reports entered contract on February 25, according to StreetEasy

A Post article posted late Wednesday night reported that Clinton signed the contract and that Bill and Hillary Clinton had visited the building. Both claims were refuted by the source.

The Whitman is a luxury, pre-war condominium that features four residences with direct park views. The apartment has four bedrooms and six-and-a-half bathrooms, a home office, and a den. 

The building was erected in 1924. Madisonpark Real Estate Company LLC purchased the building in February, 2011, for $13.25 million and is remodeling it for modern convenience. 

When renovation is completed, Whitman residents will have access to a private gym, full-time doorman, key lock elevators, and a refrigerated package room. Each residence is equipped with “Arclinea custom kitchen cabinets, Miele and Sub-Zero appliances, wide plank rift oak floors, Italian marble slab bathrooms, and a Crestron smart home system,” according to the listing on the Douglas Elliman website.

A rendering of a living room at The Whitman, a luxury, pre-war condominium building being renovated across the street from Madison Square Park. Contrary to news reports, Chelsea Clinton is not purchasing an apartment at the building. (Photo from www.thewhitman.com)

A rendering of a living room at The Whitman, a luxury, pre-war condominium building being renovated across the street from Madison Square Park. Contrary to news reports, Chelsea Clinton is not purchasing an apartment at the building. (Photo from www.thewhitman.com)

The other three residences in the building are listed for sale. The penthouse, listed at $22.5 million is spread over two floors with four bedrooms and six bathrooms. Douglas Elliman’s Melanie Lazenby and Dina Lewis have the listings.




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