Roman Abramovich aims to build mega-mansion on UES

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

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.

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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

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Roman Abramovich aims to build mega-mansion on UES

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

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.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

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

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