
1 minute read
Selling an Upper East Side townhouse is a family affair
Media executive Jon Steinberg’s father, a real estate agent, is marketing his son’s 5-story home on East 64th Street $18.5M
BY C. J. HUGHES
Advertisement
Digital media executive Jon Steinberg has turned to a familiar face to sell his 5-story townhouse on the Upper East Side: his father, Compass agent Richard Steinberg.
Steinberg père, one of the city’s top brokers, has big ambitions about what he can fetch for the five-bedroom, five-and-a-halfbath home at 36 E. 64th St., near Madison Avenue.
The 18-foot-wide, contemporary art-filled property, which has eight fireplaces, a kitchen with marble counters and a roof deck with an outdoor kitchen, is listed for $18.5 million, which is nearly double the $9.7 million that Jon Steinberg and bergs, who had to finish the former owner’s half-completed renovation, Richard Steinberg said. his wife, Jill, paid for the property in 2019, according to public records.
The younger Steinbergs are moving to London. Last month Future plc, a British media company that owns the magazines Marie Claire, Guitar World and PC Gamer, tapped Jon Steinberg as its new CEO. The 3,000-employee company, which has been rapidly expanding in the past few years, had revenues of about $1 billion in 2022.
Previously, Steinberg fils was CEO of the North American arm of British tabloid the Daily Mail. He was chief operating officer of BuzzFeed, the digital news and entertainment company, from 2012 to 2014.
“The townhouse market is the first submarket that I have seen on the Upper East Side that’s rebounding with gusto,” Richard Steinberg said. “It’s very strong.”
But the hefty markup at the 1881 property might also be explained by the multimillion-dollar upgrade undertaken by the younger Stein-
Even if Richard Steinberg, who began his career as a podiatrist before switching to real estate in the late 1980s, is bringing his expertise to bear, Jon Steinberg might also have benefited from additional know-how from within his family circle.
His mother, Renee Steinberg, used to be an agent at Warburg Realty, which once also employed Richard. Jill Steinberg once sold homes for the firm too. ■