The Residence at River House

Rendering: Brown Harris Stevens

UPDATE February 4, 10am: The building’s co-op board agreed to sell the club space for $45 million, according to Michael Gross. Perhaps the co-op never intended to sell the raw space for residential use; the board rejected a $90 million offer from an American buyer who wanted to create a private mansion, the Wall Street Journal reported.

Our dreams of a $130 million private residence in New York have been dashed like icicles on a dirty street.

The Residence at River House, which made currents with its potentially record-breaking listing price, is being taken off the market, The Real Deal reported.

The new buyer of the five-story, 62,000-square-foot space at 435 East 52nd Street? The nonprofit River Club of New York, which has operated a social club there since 1931.

The building’s co-op board put the raw space, about the size of 10 Manhattan townhouses, up for sale while it was negotiating with the River Club. The two parties told The Real Deal that they did reach an agreement, and that the sale is expected to close early in the summer.

Well, darn. Never mind, The Residence at River House, we’ll find someone like you; trophy homes are a billion a dozen in this town.

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