File this under the category of slightly perplexing real estate flips — or flip-flops. But then again, did anyone really think that the woman who gave us Carrie Bradshaw and a Magnolia cupcake obsession could really resist owning another Village townhouse? Or, better yet, two?
Well, after much ado — not to mention mucho market time and several price cuts that came along with Sarah Jessica Parker and Matthew Broderick’s townhouse sale last March — the power couple have come back to their downtown roots. They have just purchased a pair of side-by-side townhouses at 273 and 275 West 11th Street.
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This isn’t “Sex In The City.” It’s better, because it’s uber-primo Village real estate. It also means that SJP and Broderick will lay claim to a 50-foot wide mansion by the time an obvious combine/remodel is complete. Speculation is rampant that that is exactly what SJP and Broderick have in mind: Turning these two brick beauties into a single-family residence fit for their Broadway-by-way-of-Bleecker family of five.
In total, the townhouses span just under 14,000 square feet, so we are talking seriously massive footprint. The buildings were owned by the United Methodist Women, a nonprofit that used the the space for meetings and guest lodging. They were last listed for sale at $35 million.
The move comes just about a year after the couple sold their rehabbed and redesign townhouse at 20 E. 10th Street for $18.25 million, far less than their original list price of $24.99 million. Whatever issues drove Parker/Broderick to sell that property, it sure looks like they’ve got a real big thing for originality, detail and authenti-CITY.
It was only last week that the couple was said to be considering The Shepherd at 275 West 10th Street. While that 38-unit condo redevelopment is billed as a high-end and thoughtful re-imagining of a classic Village residential building, it’s not at all the same as owning not one, but two classic brick townhouses that will make for one hell of a special Village residence. Now, let’s hope that after they do, indeed, close on the deal and complete the remodel that this time, SJP & Family decide to stay.