Russian billionaire Roman Abramovich’s move to buy a Fifth Avenue mansion owned by the estate of the late real estate mogul Howard Ronson for $75 million is in jeopardy, because Ronson’s widow believes she can squeeze even more cash out of the oligarch. [more]
Posts Tagged ‘howard ronson’
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]