Russian billionaire Roman Abramovich is already in contract to purchase three unconnected co-ops at 828 Fifth Avenue that were listed as a package by the Ronson family. But the man has something else up his sleeve: he is also well on his way to restoring the colossal Berwind Mansion to its original incarnation as a single-family residence. [more]
Posts Tagged ‘828 fifth avenue’
Russian billionaire and owner of the Chelsea Football Club Roman Abramovich is in contract to buy a Fifth Avenue mansion for $75 million. If the deal for 828 Fifth Avenue closes at that price, it would dwarf the $54 million David Geffen paid for 785 Fifth Avenue, which is currently the record sale price for a co-op in the city. [more]
The former home of deceased British real estate developer Howard Ronson, which hit the market in May for $72 million, is no longer for sale, the New York Observer reported. Ronson’s heirs, who spend much of their time in Monaco, grew tired of marketing the sprawling home at 828 Fifth Avenue and have simply decided to keep it, sources told the Observer.
For years, Ronson and his heirs had tried to return the storied co-op building to its single-family origins by buying up four of the nine units, a 72 percent share of the property. [more]
British real estate developer Howard Ronson had dreamed of reuniting the nine co-op units at 828 Fifth Avenue as a single-family home. Alas, those dreams, like Ronson, have died, the Wall Street Journal reported.
While the Ronson family managed to buy four of the nine units at the 64th Street mansion, including the penthouse, they have now put the four units on the market for a total of $72 million. [more]