PDA

View Full Version : Pieces of a Mansion Puzzle on Block in Manhattan



Gina
05-23-2012, 01:41 PM
Link (http://online.wsj.com/article/SB10001424052702304019404577420360314753788.html#s lide/1)

By JOSH BARBANEL

When Howard Ronson, a builder of modern office towers, looked for a Manhattan pied-à-terre some years ago, he was drawn to an unlikely destination—two floors of a lavishly decorated Fifth Avenue mansion built for a 19th-century coal baron.

But the purchase was only the beginning. When a maisonette duplex in the mansion became available the next year, he bought that, too. Then Mr. Ronson acquired another full-floor co-op in the building.


Michael Weinstein
The mansion at 828 Fifth Ave. was divided into nine apartments before Howard Ronson and his family began trying to reassemble them.

After he died in 2007, his family bought a fourth apartment in the mansion, a penthouse with a terrace and rooftop garden looking out on Central Park.

The dream was to eventually unite all of the nine apartments in the building at 828 Fifth Ave., recreating the original single-family mansion with its large public rooms restored.

But with a few pieces of the puzzle still missing, the Ronsons are giving up. They are putting their holdings in the building on the corner of East 64th Street, one of Fifth Avenue's most expensive blocks, on the market for $72 million.

Brokers said the family decided to spend most of the time in Monaco, and were looking to take advantage of the boomlet in sales of Manhattan trophy apartments at record-setting prices. The listing includes a total of 15,080 square feet plus several terraces and a wine cellar.
It must be rough! :biggrin-new: