CHAPPAQUANDRY SHOP THEIR ‘HOME’

ANOTHER post-election chad is hanging in the balance: The fate of the Bill and Hillary Clinton’s Chappaqua digs.

Although the “Billary” estate at 15 Old House Lane hasn’t yet been entered into the Multiple Listing Service, a few real estate brokers in Westchester County tell us the First Couple is quietly shopping the place to serious buyers for what could turn out to be the mother of all bidding wars.

The Clintons paid $1.7 million for the place last year – which critics have charged was for politically cosmetic purposes – just as Hillary was testing the senatorial waters.

“Now they’re testing the financial waters,” says our source. “If they can get a good enough price, they’ll probably sell.”

Realtors say they could get twice the $1.7 mil for the vintage property, even in a retreating suburban market.

The broker who found the Chappaqua love nest, Manhattan-based Kathy Sloane of Brown Harris Stevens, said she couldn’t comment on her clients.

She had to cut our conversation short because she was in Washington and about to walk into the Vice President’s residence. She wouldn’t comment on that visit, either. Hmmm.

Hillary’s spokesman Howard Wolfson calls the story “completely untrue” but our sources insist they’ve been given the green light to shop it.

And with Bubba reportedly taking office space in Midtown and Hillary taking up space in Washington for at least the next six years, the sleepy suburban batcave appears geographically undesirable for the dynamic duo.

For gridlock’s sake, most Gothamites hope they stay put.

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Makeup guru Francois Nars has closed on a 3 bedroom, 4 bath, 25th floor co-op for $5.58 million in the El Dorado at 300 Central Park West.

Nars, a French native who began his career working with photographers Richard Avedon and Helmut Newton, has gussied-up the mugs of glam babes such as Madonna, Sharon Stone, Michelle Pfeiffer and Isabella Rosselini.

In 1994, he launched his NARS cosmetic line, which is the war paint of choice in many of Hollywood’s dressing rooms.

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Last week, we wrote about a school returning to residential status. This week, we’ve found a residence that’s not only reverting to a school, it’s converting to a new religion.

Yeshiva University has purchased the Ladies Christian Union at 151 East 36th St. for $7.45 million.

The mansion served as a residence for young women from the Union. Now, it will be renovated and rewired for Internet use for classrooms and will serve as a domitory for Yeshiva’s Stern College for Women.

Dolly Lenz of Douglas Elliman brokered the deal.

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