Former US ambassador to Belgium wants $65M for Fifth Avenue pad

Businessman Bruce Gelb was also formerly an exec at Bristol-Myers Squibb

New York /
Apr.April 29, 2016 04:17 PM

Businessman and George H.W. Bush pal Bruce Gelb wants $65 million for his 15-room aerie at 1060 Fifth Avenue.

Gelb was also a former Commissioner for the United Nations and the United States Ambassador to Belgium under Bush.

Gelb was also the vice chairman of the Board of Bristol-Myers Squibb Company and president of hair giant Clairol. He met Bush when they both attended Phillips Academy Andover, a prep school in Massachusetts.

He’s tapped broker Dolly Lenz to market the listing.

Gelb’s wife, Lueza Gelb, died earlier this year. It wasn’t immediately clear why he was looking to sell the co-op unit, which he and Lueza had owned for several decades.

Lenz was not immediately available for comment.

The six-bedroom apartment has panoramic views of the Jacqueline Kennedy Onassis Reservoir in Central Park, a library, a dining room and a corner living space. The prewar co-op building has a duplex health club, a lap pool and a basketball court.

Scott Bommer, founder of hedge fund SAB Capital, set a record for the building in 2007, when he sold his duplex at the property for $48.9 million, after buying it only seven months earlier for $46 million.


Related Articles

arrow_forward_ios
1133 Fifth Avenue with John and Jodie Eastman (Google Maps, Getty/Patrick McMullan)
Paul McCartney’s brother-in-law drops $27M on UES penthouse
Paul McCartney’s brother-in-law drops $27M on UES penthouse
A photo illustration of Donald Trump at the Wollman Rink in Central Park (Getty/Illustration by Kevin Rebong for The Real Deal)
Central Park ice rinks stay open amid Trump Org contract spat
Central Park ice rinks stay open amid Trump Org contract spat
Watch: 5 visions of Central Park after an eco-apocalypse
Watch: 5 visions of Central Park after an
eco-apocalypse
Watch: 5 visions of Central Park after an
eco-apocalypse
Styled living room. (Credit all: Pixabay)
Meet the next generation of savvy US home buyers: millennials
Meet the next generation of savvy US home buyers: millennials
Former “Real Housewife” joins Dolly Lenz
Former “Real Housewife” joins Dolly Lenz
Former “Real Housewife” joins Dolly Lenz
1060 Fifth Avenue #10B and Bruce Gelb
Former US ambassador slashes price of
Fifth Avenue pad
Former US ambassador slashes price of
Fifth Avenue pad
Architects propose wooden building that would rise out of Central Park reservoir
Architects propose wooden building that would rise out of Central Park reservoir
Architects propose wooden building that would rise out of Central Park reservoir
Bruce Gelb gets diplomatic about selling UES co-op for $38M
Bruce Gelb gets diplomatic about selling UES co-op for $38M
Bruce Gelb gets diplomatic about selling UES co-op for $38M
arrow_forward_ios

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

Loading...