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topicnews · July 20, 2025

Goldblatt Wallpaper in NYC Stadthaus Ruined by Wasserleck: Litigation

Goldblatt Wallpaper in NYC Stadthaus Ruined by Wasserleck: Litigation

An entrepreneur of Manhattan, who has restored his villa in the Upper East Side for years, claims that his hard work was destroyed by the leaky skylight of a neighbor.

Michael Loeb, who bought the four-story NEO-GREC town house in the 41 E. 72. St. for $ 4.1 million in 1998, claims that the owner of the neighboring town house, where Gloria Vanderbilt once spent part of her childhood, has forced five notices on the leak in Manhattan to the leak.

The risk capital provider, whose company has invested in a crowd of startups, claims that it needed more than $ 180,000 to remedy the damage to its historical structure, which was first built in 1882 and is located in the historic Upper East Side – only steps from Central Park.


The owner bothered to find a seller who was able to create Golden Wallpaper for the historic town house-and said in a complaint that it took six months before the water leak of a neighbor had destroyed the precious wall cover. Helayne Seidman

Strive Lobs to bring the manor house to historical accuracy included the restoration of the Brownstone facade and the addition of a colored glass conservatory on the back: “Time precise works of art, furnishings, devices and decorative accessories,” he said in court papers.

But the Pièce de Résistance was on the walls.

Loeb “undertook great efforts to ensure the accuracy of the architectural design style”, including the search for a modern alternative to wall covers from bronze cup powder that are used to create a lighter room at a time when the gas -powered lighting prevailed.

In order to achieve “era accuracy aesthetics”, he chose tailor-made leaf wallpapers and searched for the world until he found a mother-son team in Japan, who “adhered to several generations of gold to paper” and bought her entire inventory.

Subsequently, he was “committed to extremely experienced craftsmen to print a unique design that required 14 mixed colors for such leaf paper,” said the legal dispute.


A close -up of one of the windows of the historic town house with unique carvings along the side of the window
The town house was presented in tours, said its owner in court files. Helayne Seidman

The house “is routinely presented by museums around the world and drove on tour,” said Loeb, who found that the water leak started in July 2023 and took six months to have the repair.

The town house next door, which was bought by a company called the Pinkhart Trust for 32 million US dollars in 2022, was divided into apartments.

The owner of the trust listed as Elliot Levine could not be reached for a comment.