Billionaire Vincent Viola’s Regal Manhattan Townhouse Asking $79M—Down From $114M Original Ask

Published: March 7, 2020 | By: American Luxury Staff

Financier Vincent Viola dropped the price on his Manhattan townhome again; the asking price of the mansion now stands at $79 million. The property entered the market at $114 million back in 2013. It almost changed hands for $80 million in late 2017.

The mansion was designed by architect William Bosworth and built in 1884. Bosworth was commissioned to help restore the palace of Versailles, and the job may have influenced his approach to his restoration of this house, which is frequently decked out in an elaborate, spare-no-expense style.

Viola and his wife Teresa heavily revised the townhome during their tenure of ownership. It now features an indoor saltwater pool, a panic room, and a home cinema designed to emulate golden-age film theaters.

The 40-foot-wide house measures 20,000 square feet, with six bedrooms and nine baths throughout its six levels of living space. It begins with an opulent foyer with inlaid stone floors, gilded moldings, and ornate ceilings.

As the home progresses, it develops into a tour de force: a ceiling fresco, bronze balustrades, inlaid hardwood floors, ornamental arches, and enough gilding to impress the more blasé guests who drop by to nosh in the formal dining room, which can accommodate 50. Standout rooms include the kitchen, a wide-open space which is a bit more down-to-earth, and quite beautiful in its choice of earth tones, tile, and hardwood.

Outdoor spaces include a roof terrace.

Viola is the owner of the Florida Panthers. His net worth is north of $2 billion.

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