MatchesFashion founders find buyer for dazzling $25M NYC townhouse

Real Estate

British fashion moguls Tom and Ruth Chapman, co-founders of clothing retailer MatchesFashion, are in contract to sell their $25 million West Village townhouse, Gimme Shelter has learned.

The stunning five-bedroom, 4½-bath home at 252 W. 12th St. first hit the market for that price last July. 

The deal comes shortly after the Chapmans sold a property in Beverly Hills’ Trousdale Estates for $35.25 million in October.

That 1960s California residence first hit the market for a cool $42 million last July. They had purchased it for $24 million in 2017, the year they sold MatchesFashion for around $535 million to Apax Partners. Trousdale Estates neighbors include LVMH billionaire Bernard Arnault. 

Back in New York, the Chapmans bought the West Village home in 2019 for $19 million. The seller was oil heiress Aileen Getty, who broke even — as she bought the tony townhouse for $19 million in 2017. That previous seller was Adam Dell, who shares a child with food personality Padma Lakshmi, and is the brother of computer mogul Michael Dell. 

The home is at 252 W. 12th St.
The home is at 252 W. 12th St.
Evan Joseph Photography
A living area with a fireplace.
A living area with a fireplace.
Evan Joseph Photography
A view of the layout.
A view of the layout.
Evan Joseph Photography
The kitchen.
The kitchen.
Evan Joseph Photography
Floor-to-ceiling doors lead outside.
Floor-to-ceiling doors lead outside.
Evan Joseph Photography
A peek at the private outdoor space.
A peek at the private outdoor space.
Evan Joseph Photography
Another private outdoor space.
Another private outdoor space.
Evan Joseph Photography
Plenty of room for lounging inside the grand townhouse.
Plenty of room for lounging inside the grand townhouse.
Evan Joseph Photography
A home office.
A home office.
Evan Joseph Photography
A spacious bedroom.
A spacious bedroom with a fireplace.
Evan Joseph Photography
Another bedroom.
Another bedroom.
Evan Joseph Photography

The landmarked red brick townhouse, renovated by architect Steven Harris, was built in 1910. At a cozy 20 feet wide, Harris gutted the home and smart-wired it.

Details include a living room with a woodburning marble fireplace and two seating areas. There’s also an eat-in chef’s kitchen that leads to an outdoor seating area. Additionally, the home includes radiant-heated floors, a gym, wine storage, a screening/family room — and a main bedroom that takes up the third floor and features a walk-in closet, a woodburning fireplace and a spa-like bath.

Outdoor spaces also include a landscaped roof terrace, a hot tub and a stone-paved rear garden. 

Compass broker Carl Gambino, who listed both the Beverly Hills home and the West Village townhouse, declined to comment. 

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