The Real Deal New York

The life of Pablo’s grandson: Picasso heir bags UES co-op

Bernard Ruiz-Picasso and wife buy Carlyle House apartment for $8.5M

March 24, 2016 12:34PM
By Rey Mashayekhi

Bernard Ruiz-Picasso

50 East 77th Street on the Upper East Side (inset, from left: Bernard and Almine Ruiz-Picasso)

Bernard Ruiz-Picasso, the grandson of iconic artist Pablo Picasso, and his wife Almine have purchased a ritzy Carlyle House co-op unit on the Upper East Side for $8.45 million, according to property records filed with the city Thursday.

Ruiz-Picasso — a poet and artist in his own right who, alongside his gallerist wife, runs a foundation that archives the works of his grandfather – closed on the three-bedroom, 3.5-bathroom apartment at 50 East 77th Street on March 10.

The Ruiz-Picassos acquired the co-op, located near the corner of Madison Avenue and one block east of Central Park, from Boston businesswoman Hope Sidman, who purchased the apartment for just over $4.1 million in 2006, records show.

The couple previously lived in a sixth-floor apartment at 439 Lafayette Street in Noho, which they acquired for nearly $7.2 million in 2010 before selling for $7.85 million three years later.

They also have homes in Paris and Brussels, as well as a French countryside estate they inherited from Picasso, the Wall Street Journal reported last year.

A Corcoran Group team of Debra Peltz, Jonathan Gaunya and Kimberly Harounian had the listing.