The happy couple. I guess he's given up on his dream of living as a ski bum in Colorado. Pretty fancy stuff for people with no apparent marketable skills.
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Chelsea Clinton buys new $10.5 million apartment across the street from her husband's $4 million 'starter pad' bought just before they married
Couple spotted four-bedroom apartment while out walking in Manhattan
Pad boasts stunning views of Madison Square Park and a marble bathroom
They already live in luxury apartment block nearby in Flatiron District
By Sam Adams
PUBLISHED: 06:23 EST, 14 March 2013
Most young couples could only dream of buying a luxury four-bedroom apartment in the centre of Manhattan. But Chelsea Clinton, 33, and husband Marc Mezvinsky, 35, are about to swap their $4 million pad for a huge new $10.5 million one nearby.
The former first daughter and Mr Mezvinksy - who married in 2010 - are believed to have spotted the 5,000 sq ft property while out walking in the area. The apartment is located in The Whitman building next to Madison Square Park, one of the most desirable corners of Manhattan's Flatiron District.
They signed a contract for the property, which has stunning views of the park, last month, the New York Post reports.
Her father, former US President Bill Clinton and mother - ex-Secretary of State Hillary Rodham Clinton - are understood to have run their eyes over the couple's home during a visit last week. Her famous parents even agreed to pose for photographs with tradesmen who were carrying out work there, the Post reports. The building, which is being marketed by Douglas Elliman Real Estate, has one apartment on each floor and boasts various security features, including a key operated lift.
Ms Clinton and Mr Mezvinsky's floor has four bedrooms, six and a half bathrooms, a home office and den. It also has a 252 sq ft planting terrace and a private storage unit is included with the property. The five-story building also boasts 'top-of-the-line' amenities, including a full time doorman, residents' only gym and a refrigerated package room. The couple's apartment has a massive living area with timber floors and is flooded with natural light thanks to floor to ceiling windows.
The kitchen would be any amateur cook's dream, with a glass splash-back, a large marble worktop and state-of-the-art appliances. The spacious bedrooms in decadent New York home are equally doused in natural light with large windows overlooking the street. And the bathrooms, covered in grey marble tiles, are roomy and ultra modern.
Ms Clinton married Mr Mezvinsky in Rhinebeck, New York at a ceremony attended by many of America's most powerful figures. She was first reported to be in a relationship with Mr Mezvinsky in 2005, and became engaged to him over Thanksgiving weekend in 2009.
The couple's current flat on Fifth Avenue is far from shabby either - boasting three bedrooms, two bathrooms as well as a gym and doorman.
The 1,922 sq ft condo is in the Grand Madison - a building that has been dubbed 'the most elegant and historical building downtown.' The couple will presumably sell the $4 million home, which boasts 'unforgettable views' over downtown Manhattan including Madison Square Park, the Flatiron Building and the Clock Tower - an extraordinary domed white marble building on 25th Street at Madison.
According to a Douglas Ellisman listing, the couple's 'starter pad' has a powder room, an open chef's kitchen with beautiful bluestone countertops, oak floors, Italian marble bathrooms, huge windows and scores of other luxury finishes.
Assuming a 4 per cent interest rate and 20 per cent downpayment, Ms Clinton and Mr Mezvinsky's already-hefty mortgage payments total around $18,460 a month. But they're set to skyrocket. According to StreetEasy.com, if the pair put down a $2.1 million - or 20 per cent - deposit on their new $10.5 million home, their monthly mortgage bill will be in the region of $52,000 and closer to $60,000 if the couple handed over a 10 per cent downpayment instead.
Daily Mail
