After securing an Upper East Side mansion on East 81st Street, Suzy Welch is ready to say goodbye to a Fifth Avenue co-op she’s had for the past three years.
Welch is listing the home at 834 Fifth Avenue for $25 million, according to the Wall Street Journal. The seventh-floor duplex includes about 9,000 square feet and more than 90 feet of Central Park frontage.
The apartment features 10 windows that look out on the park, as well as a wood-burning fireplace, a library and a dining room. Welch told the Journal she spent a year on renovations, including ridding the kitchen of bricks and restoring original windows to the room.
(Source: Corcoran Group)
Deborah Grubman of the Corcoran Group has the listing.
Late General Electric boss Jack Welch bought the Fifth Avenue apartment for $18.8 million in 2018. The two-bedroom, four-bathroom unit was previously listed in 2017 for $24 million. He bought it from the estate of philanthropist Ruth Stanton, who owned the home for more than 40 years.
There have been a couple of very expensive sales at 834 Fifth Avenue in the past, according to the Journal. One unit sold in 2015 for $77.5 million, the most expensive co-op sale in city history. Another unit, a duplex, sold in 2019 for $53 million.
Suzy Welch, who works as an author, journalist and television commentator, appears ready to move on from the Fifth Avenue unit after buying a mansion 160 East 81st Street for about $22.7 million last month. She purchased the mansion from JLL board of directors member Bridget Macaskill and her husband, documents showed.
Welch’s mansion purchase comes with eight bedrooms and eight-and-a-half bathrooms. The 40-foot-wide mansion includes a private garage, an elevator and a double-wide landscaped garden. Other amenities include a wood-paneled library, a mezzanine balcony and five fireplaces.
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[WSJ] — Holden Walter-Warner