THE PHIPPS ESTATE IN OLD WESTBURY OFFERED AT $13 MILLION
Georgian-style masterpiece to be presented by Piping Rock Associates, the Christie's Great Estates affiliate in Nassau County, Long Island
/Architecture News Articles/ - OLD WESTBURY, NY, May 22, 2008 — Christie's Great Estates and Piping Rock Associates announce that they are presenting for sale The Phipps Estate, a grand Georgian-style property in Old Westbury, New York. Piping Rock Associates, an exclusive affiliate of Christie's Great Estates, is offering the property for $13 million. Christie's Great Estates will provide premier international marketing services.
Originally built in 1930, this landmark residence is one of the last grand estates in Long Island. Elegantly crafted by the noted architectural firm Delano & Aldrich, the Georgian-style estate boasts outstanding amenities, historical significance, and unmatched grandeur.
Nestled in approximately 20 wooded acres, the spectacular two-story mansion includes eight bedrooms, six full and one half baths. All the rooms of this historical treasure have grand and luxurious proportions. The breathtaking floors set the stage for the majestic tone of the interiors and include end-grain pine parquet and marble. Deep feather moldings, pine library panelling, towering ceilings up to 16 feet high, carved wooden fireplace mantelpieces, and skillfully hand-painted wallpapers also contribute to the interior's splendor.
Replete with lush, mature foliage, the expansive outdoor areas feature protected fruit trees, a hillside garden, a fishpond, and a gentle waterfall. Slate terraces afford bucolic vistas, and a heated pool and tennis court are available for physical recreation. Further highlights of the residence include a five-bedroom apartment and a three-bedroom caretaker's house, which provide additional accommodation for staff members and guests.
"The Phipps Estate is an extraordinary example of a gracious and splendid era," says Kathleen Coumou, Christie's Great Estates Vice President for the Northeast Region. "The property boasts elegance, style, and artistic splendor, all surrounded by a private sanctuary of lush gardens."
The property was once owned by Ogden Phipps, a renowned philanthropist and a major figure in the worlds of horse racing and tennis. His family founded the famous Wheatley Stable, and he went on to graduate from Harvard and serve as a Naval commander in World War II. A man of many skills, Phipps won the United States tennis championship seven times. This splendid home stands as a monument to his life and successes and is ready to avail a new and deserving owner.
"This magnificent residence is being offered for sale for the first time outside the family, since its construction as a wedding present for Mr. Phipps in 1930," said Patrick Mackay, President of Piping Rock Associates, Inc. "This hidden gem is one of the few surviving mansions of Long Island's fabled Gatsby era."
Only a 45-minute drive from midtown Manhattan, the boutique town of Old Westbury in Long Island offers easy access to the Long Island Expressway and the Northern State Parkway. Located in Nassau County, this affluent town retains Old World charm, and is home to the magnificent Old Westbury Gardens.
About Christie's Great Estates
Christie's Great Estates is the largest international network of real estate companies dedicated to the sale and marketing of luxury homes and a subsidiary of Christie's, the world's leading art business. Christie's clients who buy and sell works of art often request real estate services. To satisfy this demand, Great Estates, founded by Kay Coughlin in 1987, was acquired by Christie's in 1995. Today, the Christie's Great Estates global network spans more than 40 countries with 850 offices and approximately 35,000 brokers. Committed to the auction house's two-century-old tradition of exceptional customer service and expertise in high-value marketing, the network achieved total combined sales in excess of $125 billion.
Admittance to the Christie's Great Estates network is offered by invitation only to those real estate companies with proven records of success in high-value home sales and who exemplify Christie's traditional value of service. Once awarded affiliate status, brokers may then display the coveted Christie's brand and use the proprietary marketing services of Christie's Great Estates, which has successfully marketed high-value real estate around the globe for more than 20 years. Exceptionally skilled local real estate specialists, a client-focused approach, and strategic global marketing to a qualified audience of proven luxury consumers are the hallmarks of Christie's Great Estates.
About Piping Rock Associates, Inc.
Piping Rock Associates, Inc. is a non-franchised, independently owned firm engaged in the sale of luxury residential real estate on Long Island's North Shore since 1964. Patrick H. Mackay, owner since 1976, and his 28 salespeople offer a wealth of expertise in the high-end real estate market. The firm takes pride in its ability to successfully market properties providing exceptional, individualized service.
Piping Rock Associates, Inc. is a member of the Long Island Board of Realtors, the Multiple Listing Service of Long Island as well as the New York State and National Boards of Realtors. Piping Rock Associates, Inc. is also the exclusive Nassau County affiliate of Christie's Great Estates, Inc., a subsidiary of Christie's auction house. Patrick Mackay was a member of the Board of Advisors of Christie's Great Estates for a number of years.
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Press Release Contact Information:
Monique Sofo
Christie's Great Estates
PR & Marketing Manager
125 Lincoln Avenue
Santa Fe, NM
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