Vincent Viola, the former chairman of the New York Mercantile Exchange and founder of Virtu Financial, relisted his Upper East Side mansion Thursday for $88 million. Mr. Viola also owns the Florida Panthers, a professional hockey team.
Mr. Viola, 62, bought the property on East 69th Street and Fifth Avenue in 2005 for $20 million, according to PropertyShark records. The mansion has bounced on and off the market since 2013. Mr. Viola listed it for $114 million in 2013 and re-listed it for $98 million a year later, according to listing records. The home was taken off the market soon after that. He did not immediately respond to a request for comment.
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This past December, a Chinese buyer had reportedly entered into contract for the townhouse for $80 million—a would-be record for Manhattan—but the deal fell through. Although it is unclear as to why the sale died, China underwent a regulatory clampdown around the same time of the reported sale, which caused many to divest assets.
Paula Del Nunzio of Brown Harris Stevens, who did not immediately respond to a request for comment, is listing the property.
Now, it seems, Mr. Viola feels he can get even more than $80 million for the home. The 20,000-square-foot mansion was, according to the listing, "transformed in 1913 into its present neo-Classical style by William Welles Bosworth for James Ellsworth," a coalmine entrepreneur after whom the Pennsylvania town of Ellsworth is named.
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The six-bedroom, nine-bath property boasts a saline swimming pool, a spa, two saunas, and a red-velvet theater adorned with a 12-foot screen. Heated sidewalks prevent snow accumulation in the winter. The mansion is currently available for rent at $175,000 per month.
According to Forbes, Mr. Viola’s net worth is $2.8 billion.
The listing was first reported by The Real Deal.