A distinctive Upper East Side townhouse built at the turn of the last century has hit the market.
Thomas Kempner Jr. has listed his seven-bedroom townhouse on East 73rd Street for $28 million, according to an ad that appeared Monday.
Kempner, an investment banker, co-founded Midtown-based Davidson Kempner Capital Management in 1983. He is also a philanthropist — serving as a trustee of the Ford Foundation and chairman of the Central Park Conservancy.
Kempner purchased the townhouse in 2002 for $10.3 million — a little more than $18 million today after adjusting for inflation. The home was previously owned by Mary Ann Fribourg, widow of billionaire Michel Fribourg, who was known for negotiating grain sales to the Soviet Union. Mary Ann Fribourg inherited the home after her husband’s death in 2001.
The 11,100-square-foot townhouse between Park and Lexington Avenues is 5 stories tall and features an elevator, arched windows, a wood-burning fireplace and three outdoor spaces. It was built in 1903.
Epo Manning and Florence Danforth, the agents for Sotheby’s International Realty who advertised the home, declined to comment. Kempner did not respond to a request for comment sent to Davidson Kempner Capital Management by press time.
Kempner’s mother, socialite Nan Kempner, was well known in the world of fashion, serving as the fashion editor at Harper’s Bazaar and a correspondent for French Vogue. She was painted and photographed by Andy Warhol, and her vast collection of designer clothing was the subject of a 2006 exhibition at the Metropolitan Museum of Art.
