The Landmarks Preservation Commission on Tuesday signed off on billionaire Steve Cohen’s plans to demolish a former garage at 145 Perry Street to make way for a mansion and apartment building in its place.
Cohen plans to build a four-story mansion and a six-story apartment building for his children on the West Village property, the New York Post reported. Landmarks approved the plan on Tuesday, despite some local opposition.
“I’m really shocked. Perhaps the commission was dazzled by this wealthy client,” Andrew Berman, head of the Greenwich Village Society for Historic Preservation, told the Post. “The plans are impressive and luxurious, but it looks like a Gucci store on Rodeo Drive or a private museum.”
Cohen paid just under $39 million for the property in 2013.
Cohen also owns a duplex penthouse at One Beacon Court, which he’s been trying to sell since 2013. He initially placed it on the market for $115 million, but it underwent a series of price cuts. It was last listed for $67.5 million, but it was recently pulled off the market.
Cohen, founder of the now-defunct SAC Capital Advisor, has a personal fund — Point72 Asset Management — that plans to lease 175,000 square feet at 55 Hudson Yards.