This could be good news for the New York real estate market—every time Stephanopolous gets a big promotion, he upgrades to a more expensive house.
While working in the Clinton White House, Stephanopoulos lived on two floors of a Dupont Circle townhouse on Connecticut Avenue, above what is now Marvelous Market. He bought the three-story townhouse for $835,000 and rented the ground-level retail space to a now-defunct eyeglass store called Eye Gotcha.
In 1997, the same year he joined ABC as a news analyst for This Week, he sold the townhouse for $1,050,000. In 2002, the year Stephanopoulos began anchoring This Week, he bought a 4,400-square-foot townhouse on 28th Street in Georgetown for $2 million.
A few months after his December 2005 promotion to chief Washington correspondent, he unloaded that place for $2,850,000. He and wife, Ali Wentworth, the Washington debutante turned comic actress, then paid $5.2 million for a five-bedroom, seven-bath house just around the corner on 31st Street.
Although no “for sale” signs are up yet, rumor has it that there’s already a flurry of interest in the century-old Georgian, which has six fireplaces, a “gourmet cook’s kitchen,” elevator, and three-car garage.
If his real-estate buying pattern holds, Stephanopoulos is on course to spend at least $10 million on a pad in New York. Julie Pham of the Corcoran Real Estate Group in Manhattan says that amount could get him a penthouse with at least 3,000 square feet in a premier building in Gramercy Park, his old stomping grounds. If he opts for the West Village, he could buy a townhouse with at least four bedrooms.
No matter which neighborhood Stephanopoulos ends up in, he’ll undoubtedly have a hard time finding another three-car garage.