After months of being on the market, the six-bedroom Upper East Side townhouse is now owned by the DraftKings lawyer Randy Mastro. According to New York Curbed, the property had an astounding $18 million asking price when it was first listed in April by Merrill Lynch Vice President, Michael Applebaum. However, in November, the VP unloaded the property as it was finally sold for $14.4 million to Mastro.
It was reported that Applebaum bought the five-story building in 2000 for only $3.375 million. It was said that the price increase was due to the renovations he did to the place, making it a lavish six-bedroom, three-bathroom home. He also added a lot of antique furniture pieces from France.
According to The Real Deal, the property in 21 East 83rd Street was recently renovated and has a total area of 5,130 square feet. The mansion features a grand entrance gallery which has 21-foot high ceilings. It also has several fireplaces and a finished basement. The exterior of the home features a walled garden located at the back. The townhouse also has an elevator esigned with antique glass-paned doors which were reportedly from France.
Mastro is known as the lawyer currently representing the DraftKings, along with competing site FanDuel in its fight against New York Attorney General Eric Schneiderman's cease-and-desist order. The latter accuses them of illegal gambling operations. In January, the DraftKings moved to sublease its 23,500-square-foot space at Alvin Flaster's 400 Lafayette Street in Noho while FanDuel also recently signed a deal to move to Rockrose Development's 300 Park Avenue South, but both of them denied that the move was connected to the legal battle that they are facing. Mastro also worked on the internal investigation of New Jersey Gov. Christ Christie's role in the "Bridgegate" scandal.
