{"id":346504,"date":"2026-09-14T17:32:10","date_gmt":"2026-09-14T17:32:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/346504\/"},"modified":"2026-09-14T17:32:10","modified_gmt":"2026-09-14T17:32:10","slug":"late-hoteliers-ues-maisonette-snags-signed-contract-at-23m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/346504\/","title":{"rendered":"Late Hotelier\u2019s UES Maisonette Snags Signed Contract At $23M"},"content":{"rendered":"<p>The widow of the late hotelier Robert Burns is trading the couple\u2019s Upper East Side maisonette.\u00a0<\/p>\n<p>A buyer signed a contract to purchase the duplex at 2 East 70th Street for $22.5 million, down from the $29 million the pair sought for it in 2016, according to Olshan Realty\u2019s weekly report.\u00a0<\/p>\n<p>The pending deal was the priciest of 16 inked in Manhattan last week for homes asking $4 million or more, which was more than the 13 notched in the <a href=\"https:\/\/therealdeal.com\/new-york\/2026\/09\/08\/manhattans-lux-market-tumbles-ahead-of-labor-day-weekend\/\" rel=\"nofollow noopener\" target=\"_blank\">previous period<\/a>.\u00a0<\/p>\n<p>Burns and his wife, Janice, bought the co-op for $13.5 million in 2010 from the estate of Marion Taylor, the widow of the former U.S. Ambassador to Switzerland, Henry Taylor. The couple later renovated the maisonette with architect Peter Pennoyer.\u00a0<\/p>\n<p>The home initially hit the market a decade ago, before the couple pulled the listing after six months. It was listed again in May, almost a year after Burns, founder of Regent International Hotels, died at 96 years old.\u00a0<\/p>\n<p>The four-bedroom, four-bathroom home is attached to the Rosario Candela-designed co-op, though it has its own separate entrance on Fifth Avenue. It also features a 30-foot great room with a fireplace and views of Central Park, as well as a formal dining room and library.\u00a0<\/p>\n<p>Amenities in the 19-unit co-op building include white-glove service, a gym and storage.\u00a0<\/p>\n<p>The property has been home to a number of prominent residents, including the late Ted Frostmann, former chairman and CEO of IMG Worldwide, whose estate sold his penthouse in 2012 for <a href=\"https:\/\/therealdeal.com\/new-york\/2012\/06\/21\/40m-sale-of-forstmanns-penthouse-is-finalized-buyer-revealed\/\" rel=\"nofollow noopener\" target=\"_blank\">$40 million<\/a>. Two years prior, James Shinn, who served as secretary of defense under George W. Bush\u2019s administration, and his wife, Masako, bought a triplex in the building for <a href=\"https:\/\/therealdeal.com\/new-york\/2010\/11\/30\/bush-crony-james-shinn-buys-12m-ues-triplex-pad-at-2-east-70th-street\/\" rel=\"nofollow noopener\" target=\"_blank\">$11.8 million<\/a>.\u00a0<\/p>\n<p>The late actress Joan Crawford also once lived in the building with her husband, former PepsiCo CEO Alfred Steele, in the late 1950s and 1960s.\u00a0<\/p>\n<p>Brown Harris Stevens\u2019 Louise Phillips Forbes and Madeleine McGregor had the listing.\u00a0<\/p>\n<p>The second most expensive home to find a buyer was a penthouse at the Related Companies and Oxford Property Group\u2019s <a href=\"https:\/\/therealdeal.com\/new-york\/2023\/07\/13\/relateds-resi-struggles-in-hudson-yards-left-1b-unsold\/\" rel=\"nofollow noopener\" target=\"_blank\">15 Hudson Yards<\/a>. The apartment last asked just under $10 million, down from the $13 million it sought when the developers began marketing units in 2016.<\/p>\n<p>Unit PH87B spans 3,100 square feet and has four bedrooms and four bathrooms. It also features 11-foot ceilings with views of the Hudson River.\u00a0<\/p>\n<p>Corcoran Sunshine Marketing, led by the Hottinger and the Arsic Lau teams, is heading sales at the 285-unit tower. Its amenities include a fitness center, 75-foot pool and residents\u2019 lounge.\u00a0<\/p>\n<p>Of the 16 properties to enter contract, 12 were condos, three were co-ops and one was a condop.\u00a0<\/p>\n<p>The homes were priced at a combined $111 million, averaging $6.9 million and with a median of $5.2 million. The typical home spent two and a half years on the market and was discounted by 6 percent.<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/new-york\/2026\/09\/08\/manhattans-lux-market-tumbles-ahead-of-labor-day-weekend\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/Manhattans-luxury-contracts-whimper-toward-Labor-Day-Weekend-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"61 North Moore Street with (clockwise from top left) Brad Ingalls, Brendan O\u2019Rourke, Emrah Akyildiz and Gil Khoury of Sotheby\u2019s International; 181 East 65th Street\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Manhattan\u2019s luxury contracts whimper toward Labor Day Weekend<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/new-york\/2023\/07\/13\/relateds-resi-struggles-in-hudson-yards-left-1b-unsold\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"106\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/Related-Struggles-With-Residential-Sales-At-Hudson-Yards-f-150x106.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Related's Stephen Ross and Jeff Blau with 35 Hudson Yards\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Related\u2019s resi struggles in Hudson Yards left $1B unsold<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/new-york\/2026\/01\/15\/greek-businessman-sells-former-rockefeller-townhouse-for-16m\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/NY-Greek-businessman-sells-former-Rockefeller-townhouse-for-16M-MAIN-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Libra Group's George Logothetis, 13 East 94th Street and Sotheby\u2019s International Realty\u2019s Serena Boardman\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Greek businessman sells former Rockefeller townhouse for $16M<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The widow of the late hotelier Robert Burns is trading the couple\u2019s Upper East Side maisonette.\u00a0 A buyer&hellip;\n","protected":false},"author":2,"featured_media":346505,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,42980,83,9,24,63],"class_list":["post-346504","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-luxury-market","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/346504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=346504"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/346504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/346505"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=346504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=346504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=346504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}