Roman Abramovich aims to build mega-mansion on UES

The oligarch is in the process of buying up most of a city block

TRD New York /
Jan.January 19, 2015 08:00 AM

Russian billionaire Roman Abramovich is buying up a large piece of an entire city block to build one of New York’s largest mansions.

Abramovich — who also owns English soccer team Chelsea F.C. and has been estimated to be worth $9.3 billion — bought 11 East 75th Street for $29.7 million in October from Stellar Management’s Larry Gluck, according to the New York Post. In December, the billionaire bought the property two doors down, the newspaper reported, at 15 East 75th Street for $18.3 million. Both homes are narrow townhouses. The property that is wedged in between, 13 East 75th Street, is currently in contract to be sold to a Russian buyer.

Last year, Abramovich’s planned purchase of a $75 million co-op — which at that time would have been a record — was declined by the wealthy widow who owned the unit in the Berwind mansion at 828 Fifth Avenue. [NYP]Claire Moses


Related Articles

arrow_forward_ios
Lincoln Center, Hudson Yards and Financial District (Wikimedia, iStock)

Bad to worse: Manhattan nabes where home sales fell most

Bad to worse: Manhattan nabes where home sales fell most
Christopher Cerf and 146 E 62nd St (Twitter, Google Maps, Pixabay)

Mellon Foundation buys longtime home of Sesame Street composer

Mellon Foundation buys longtime home of Sesame Street composer
1165 Madison Avenue and Naftali Group's Miki Naftali (Credit: Google Maps and Gonzalo Marroquin/Patrick McMullan via Getty Images)

Naftali Group plans another Upper East Side condo

Naftali Group plans another Upper East Side condo
Sherry-Netherland Hotel at 781 Fifth Avenue and Guo Wengui (Credit: iStock)

Chinese fugitive willing to take $12M loss at Sherry-Netherland

Chinese fugitive willing to take $12M loss at Sherry-Netherland
781 Fifth Avenue (Credit: StreetEasy, Beyond My Ken via Wikipedia)

Full-floor Sherry-Netherland pad relists — at nearly half its 2015 ask

Full-floor Sherry-Netherland pad relists — at nearly half its 2015 ask
The former Food Emporium space at East 59th Street and First Avenue and a Trader Joe's (Credit: Google Maps, Wikipedia)

Trader Joe’s to open new UES store under Queensboro bridge

Trader Joe’s to open new UES store under Queensboro bridge
Jeff Zucker and 32 East 64th Street, Apt 3W (Credit: Getty Images)

CNN chief lists Lenox Hill co-op for $17M

CNN chief lists Lenox Hill co-op for $17M
166 E. 81st St. (Credit: Google Maps, iStock)

UES townhouse once described as “infested with vermin” goes into contract

UES townhouse once described as “infested with vermin” goes into contract
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...