Billionaire investor and former Revlon boss Ron Perelman has finally parted with his unloved Upper East Side townhouse.<\/p>\n
The $46.75 million sale, first reported by the Real Deal<\/a>, comes almost six years after Perelman first attempted to sell the home alongside a smaller townhouse for $75 million in 2020.<\/p>\n The Lenox Hill home was once a private aviator\u2019s club. Google<\/p>\n Perelman, now 83, began off-loading his luxury portfolio in 2020. Getty Images for Perelman Performing Arts Center (PAC NYC)<\/p>\n The Neo Georgian mansion at 36 E. 63rd St. boasts a 40-foot-wide facade, museum-like interiors and 10 bedrooms. Its nearly 100-year history in Lenox Hill includes a tenure as a private club for aviators, called the Hangar Club. <\/p>\n Most recently priced at $49.5 million, the listing was held by Modlin Group\u2019s Adam Modlin and Brown Harris Stevens\u2019 Sami Hassoumi. <\/p>\n The buyer, a foreign LLC, was represented by Leslie Garfield\u2019s Matt Lesser.<\/p>\n Perelman, once worth nearly $20 billion, is currently valued at $1.6 billion, according to Forbes. <\/p>\n Perelman and his firm, MacAndrews & Forbes, incurred substantial losses during the 2020 pandemic after the stock price of recently acquired Revlon tanked.<\/p>\n Perelman, pictured with his wife, Anna Chapman, told Vanity Fair he wanted to live a \u201cless leveraged business life.\u201d PATRICK MCMULLAN\/PatrickMcMullan.com<\/p>\n The circa-1930 mansion spans 16,000 square feet. Google<\/p>\n The now-83-year-old undertook extreme downsizing efforts, offloading stocks, auctioning off his Henri Matisse, and listing his private jet and 257-foot yacht for sale.<\/p>\n The billionaire told Vanity Fair<\/a> in August 2020 that he wanted to live \u201ca less complicated and less leveraged business life.\u201d<\/p>\n He relisted the nearly 16,000-square-foot Lenox Hill home as a $60 million standalone property in 2021, but struggled to find a buyer. The opulent home\u2019s unwavering price tag rotated on and off the market, and through various luxury brokers, for several years. <\/p>\n Perelman\u2019s wife is currently suing the co-op board of her late mother\u2019s penthouse. Helayne Seidman<\/p>\n Perelman sold his longtime oceanfront Hamptons estate<\/a> for $84.5 million in 2022. The 9-acre property along exclusive Lily Pond Lane initially asked $115 million. Perelman had previously shopped around his larger East End property<\/a>, a 60-acre estate on Georgica Pond, for $180 million, The Post reported.<\/p>\n