VUE

I t comes as a surprise to absolutely no one that Alpine, New Jersey—a town that regularly ranks among the wealthi- est in America and is home to countless CEOs, celebrities and pro athletes— boasts some of the most jaw-dropping properties in the Northeast. But even in a town where the average home lists for over $3 million, there is one property that dwarfs the rest in terms of ambi- tion, design and scale: the Stone Mansion. Located at One Frick Drive and just eight miles outside of Manhattan, the Stone Mansion is currently listed for just under $33 million, making it the most expensive home on the market in New Jersey. If you're experiencing that tingly, déjà vu feeling right now and wondering if you've seen this property be- fore, you probably have. e Stone Mansion was originally put on the mar- ket in 2010, shortly aer the property was acquired by Richard Kurtz, CEO of the Englewood Cliffs-based developer the Kamson Corporation. e property, initially listed for a whopping $68 million, quickly be- came one of the most expensive houses on the market at the time and caught the eye of Forbes Magazine. A series of print and video profiles followed, pro- pelling the property to some local and regional fame. e profiles oen followed Kurtz, who purchased the property in 2006 from the grandson of steel indus- trialist, Henry Clay Frick. ese profiles can still be found online, some of them under the estate's former address: 18 Frick Drive. Aer Kurtz purchased the 60-acre estate, he promptly subdivided it into multiple lots for luxury housing, including a separate property that was pur- chased and then sold by New Jersey Devils star Ilya Kovalchuk. e Stone Mansion was not sold during the original listing, nor in the various attempts to sell it in the 10 years since. By 2012, the property's asking price was down to $56 million and Oren Alexander, co-founder of the Alexander Group at Prudential Douglas Elliman, was brought on to market the estate. A series of price cuts ultimately landed the property at an asking price of $39 million in 2017, before it was taken off the market altogether. Now, with the help of Dennis and Dolores Mc- Cormack of Sotheby's International Realty, the Stone Mansion is back on the market, 10 years older but still untouched. e task for the McCormack's is a tall one. e sheer size of the property and the appro- priately-high asking price makes the list of potential buyers for One Frick Drive pretty small—which is undoubtedly why it has languished on the market for as long as it has. V U E N J . C O M 69

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