The Greenwich Village townhouse Malcolm Forbes kept around the corner from his magazine’s office solely to shock guests with his extremely garish taste was so ugly that when his family finally decided to offload the thing a dozen years after he died, it had to more than halve the price to get someone to take all of the hideous damask off its hands. It has taken another six years to remove all of it, along with the “how the west was won” wallpaper and the rest of it to make it actually habitable. And now it can be yours for four times what the current owners, including a man named Cohen luckier in real estate than some others, paid for it.
Built in 1847, the Greek Revival townhouse is located around the corner from the former Forbes headquarters at 60 Fifth Avenue…. Messrs. Cohen and Lowenberg gutted the Greenwich Village house and revamped the interior, giving the house a modern look. The five-bedroom, roughly 9,600-square-foot home has a double-height great room and two kitchens: one off the great room and another on the ground floor with access to the garden. A library overlooking the great room has a wet bar and leads to an 800-bottle wine room….
The lower level, where Mr. Forbes kept a wine cellar with its own dining room, now contains a soundproofed home theater, a gym with rubberized floors and a sauna.
Because even the wine cellar was too dreadful to save.