The Real Deal New York

Modesty becomes him: Roman Abramovich to limit mega-mansion to just three townhouses

Reports that billionaire was in contract for fourth adjacent property on UES were apparently false
January 23, 2015 04:45PM

Reports yesterday that Russian oligarch Roman Abramovich was adding a fourth townhouse to his planned Upper East Side mega-mansion were false, according to the New York Daily News.

Abramovich, who is estimated to be worth $9.3 billion, has already picked up 11, 13, and 15 East 75th Street. He plans to raze the buildings and construct a mansion three townhouses deep. Yesterday, it was reported that Abramovich, who is the owner of the English soccer club Chelsea F.C., was considering purchasing the adjacent 9 East 75th Street. But property records reveal that the buyer was someone else, the Daily News reported.

An insider who spoke to the newspaper said that Abramovich had never been interested in the extra property because it houses rent-stabilized tenants who would be difficult to evict.

“Those rumors were completely false,” the source said. “Buying that building would have been much too complicated.” [NYDN] — Tess Hofmann