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For Sale: A $35 Million N. Moore Mansion
Even before it is completed, the couple has put their 11,000 square foot, six-story mansion at 2 North Moore Street up for sale. They are asking $35 million. Local brokers say that is a record asking price for a Tribeca townhouse. Tours will begin in the fall, according to a Corcoran broker.
“Four thousand or 5,000 square feet would have been ideal for us,” said Steven, then 38, who resigned this year from New York Mortgage Trust, the company he founded and served as CEO, after its $13.4 million purchase by a large mortgage bank.
“It’s crazy the square footage we’re going to end up with. It’s a lot,” said Sheri, then 37, who worked in television production. “But we don’t have to move to the suburbs now. It’s our suburb.” The couple said they were eager to move to Tribeca from their Upper East Side apartment. They had a 2-year-old at the time, and now have a second child. Along with the seven baths, 47-foot pool, and screening room, the buyer will also have a separate apartment and entrance for “staff,” a two-car garage with a lift to accommodate a third car, a mist-cooled garden for outdoor lounging (with its own irrigation system) not to mention an outdoor dining atrium, a high-speed elevator, gym and five bedrooms. Now that he is out of the mortgage business, Schnall has yet to decide “where I’m going to plant my flag or in what industry,” he told the Real Deal earlier this year. As for where he and his family will live—palatial town house or not—he made one thing clear when he was ready to build his new home. “It doesn’t define us,” he said.
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