The Real Deal New York

Billionaire Ron Perelman’s firm pays $120M for Lenox Hill rental

David Kuperberg-led FirstService Residential sold the building at 27 East 62nd Street

September 19, 2014 05:11PM
By Hiten Samtani

Ronald Perelman and 27 East 62nd Street (Credit: PropertyShark)

Ronald Perelman and 27 East 62nd Street (Credit: PropertyShark)

Billionaire Ronald Perelman’s MacAndrews and Forbes Holdings just paid $120 million for a rental building in Lenox Hill, according to property records filed with the city today.

The 57,000-square-foot, 9-story property, located at 27 East 62nd Street, has 30 residential rental units and about 4,900 square feet of retail space, according to PropertyShark. The seller is listed in property records as FirstService Residential Management, the David Kuperberg-led company that was formerly known as Cooper Square Realty.

It was unclear who brokered the deal. Calls to the buyer and seller were not immediately returned. Perelman’s Manhattan-based conglomerate is the parent company of cosmetics giant Revlon. Forbes estimates Perelman’s personal wealth at $14.5 billion.

The units range from studios to five-bedroom apartments, with rents running between $2,000 and $14,500 a month, according to StreetEasy.

  • marknroses

    how do you spell “Condo Conversion”?

  • Mr. Gross

    How do you spell, “private office” or “largest single-family home in NYC”

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