The Real Deal New York

Russian billionaire abandons UES megamansion plans

Banking mogul Alexei Kuzmichev lists quadruplex at 33 East 74th Street for $44M

September 15, 2016 09:13AM

33 East 74th Street on the Upper East Side and Alexei Kuzmichev

33 East 74th Street on the Upper East Side and Alexei Kuzmichev

Looks like the Upper East Side will be spared from another megamansion. Russian billionaire Alexei Kuzmichev is looking to flip his Upper East Side quadruplex just four months after buying it.

Kuzmichev listed the apartment, which sits in a seven-story townhouse 33 East 74th Street, for $44 million with Douglas Elliman’s TRData LogoTINY Richard Steinberg, Matthew Slosar, Alexander Mignogna and Emanuele Fiore. He paid $42 million for the pad in May and also bought an apartment in an adjacent building for $15.5 million. Kuzmichev reportedly tried to connect the two.

The mogul made his fortune — which Forbes estimates is around $7.6 billion — as head of Alfa Group, the owner of Russia’s Alfa Bank.

Another Russian billionaire, Chelsea Football Club owner Roman Abramovich, is planning to turn three townhouses on East 75th Street into a megamansion.  [NYP] Konrad Putzier

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