Mr. Perelman was not solely the vendor of Mr. Lauder’s new condo, but additionally a competitor of kinds. The holding firm related to Mr. Perelman, MacAndrews & Forbes Holdings, had for years owned a controlling stake within the magnificence firm Revlon earlier than it went by means of chapter proceedings earlier this 12 months. One in every of his daughters, although, Debra G. Perelman, stays Revlon’s chief govt, based on the corporate’s web site.
Mr. Lauder has owned the upstairs unit, on the 14th ground (there isn’t a thirteenth ground) at 778 Park Avenue, since 2008, paying $27.5 million. He put it up on the market in 2019 for $45 million, however after a $6 million worth lower and no takers, took it off the market. (He additionally owns a five-bedroom house close by, at 998 Fifth Avenue, acquired in one more property sale.)
His new Park Avenue condo, which was listed for $27.9 million, has 5 bedrooms and 5 and a half bogs, plus separate employees quarters on a decrease ground. It doesn’t embrace any outside house just like the 14-floor unit, which has terraces off the first bed room suite and a visitor bed room.
However the condo, which extends round 5,500 sq. ft, has a proper entrance gallery, well-proportioned rooms and hovering 11-foot ceilings. Most of the prewar architectural thrives additionally stay, just like the wood-burning fireplaces, detailed crown moldings and wooden paneling.
Mr. Cullman’s property offered his co-op at 555 Park Avenue and East 62nd Avenue for $7 million.
The condo, measuring about 4,250 sq. ft, has 4 bedrooms, 4 and a half bogs, a library and a proper eating room. Off the breakfast space is one other giant room with one of many full bogs that might simply be transformed into an extra bed room or a household room. There are tons of choices.
