Purdue Pharma’s David Sackler Selling Manhattan Condo Amid OxyContin Uproar

A new listing at The Manhattan House, a building made famous for being home to Grace Kelly in the 1950s, has come on the market for $6.495 million. Belonging to David A. Sackler, the 4-bedroom, 5-bathroom unit measures just over 3,300 square feet overlooking the Lenox Hill neighborhood of Manhattan. The Sackler family business is Purdue Pharma. In 2016 Forbes estimated the Sackler’s had a built collective fortune of $13 billion largely from sales of the controversial opioid OxyContin. Forbes’ most recent estimate of their net worth is $13 billion making them #19 on the list of America’s Wealthiest Families. The agents declined to comment on whether the timing of the sale is related to the recent controversies over OxyContin. 

Grace Kelly, who had been resident in the building during the 1950s, was almost destined to live there since her father, John B. Kelly Sr., founded Kelly for Brickwork which is believed to have been the subcontractor responsible for the brickwork and construction of the building’s exterior walls. The building achieved landmark status in 2017 for its mid-century modern architecture and still retains the whitewashed, unadorned facade. It also contains a one-acre private garden, one of the largest in New York City, with two sculptures by Dutch-born artist Hans Van de Bovenkamp. 

Inside the unit the living room and dining room combine for a total of 48 feet of space, with a custom-made floor-to-ceiling fireplace set inside a dividing wall with doorway openings on either side. Above is the dining room side with a more formal seating area on one side of the two-sided fireplace and below is the more casual living room. The grey oak floors are also on display in this photo.

The kitchen comes with Viking appliances, a built-in wine cooler and a tiled backsplash of Ann Sacks design. 

This unit is one of the few out of the 500+ units in the building to have all ensuite bathrooms. A another room, set apart from the other bedrooms, can be used as an office or turned into a fifth bedroom for the unit. Here’s the master bedroom that shows the unobstructed views from its 16th floor spot. Not pictured is the walk-in custom cedar closet nearby.

Adjacent to the bedroom is this large sitting room, complete with chandelier and a full view to the scene outside.

Here’s a look at the master bathroom with radiant heated floors, steam shower and dual vanities.

The unit also comes with two sets of Miele washers and dryers and a Creston system that controls the lights, music and electronics shades. Monthly community fees amount to $4,147 which covers the building’s amenities such as concierge and valet services, full-time doorman, fitness center, yoga studio and rooftop lounge. According to the listing agent this condo has had a longterm tenant who will be there until mid-July of this summer.

More information is available on the Warburg listing page via agents Allison L. Chiaramonte and Tania Isacoff Friedland.

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This post first appeared on Forbes.com. To see the original, click here.