UWS Townhouse Bought For $12.5 Million In 2011 Is Back On The Market For $20 Million In 2012

Homeowners are often warned that renovating their house or apartment doesn’t always equate to a significant increase in sales price. That doesn’t appear to be the case with the brownstone at 41 W. 74th (between Columbus & CPW). Purchased by a “South American industrialist” for $12.5 million in March 2011, the property has been converted [...]