Billionaire Ron Perelman Offering Quitenssential Hamptons Retreat for $115M
Businessman Ron Perelman listed a second heavyweight residence in the greater New York City area late this summer.
The banker and investor listed a pair of connected townhouses in Lenox Hill last October, one asking $65 million and the other asking $10 million; this spring, the larger of the two—which measures in at 15,875 sq. ft. and was completed in 1930—returned with a $60 million ask, and it remains for sale at that price.
Joining the six-floor Manhattan mansion is Perelman’s Hamptons retreat. The sizeable estate is priced at $115 million. Its grounds span 9.5 acres, and include 385 feet of sandy beachfront.
A lengthy tree-lined drive is the preamble to the living style, a leisurely straightaway that concludes at a stone paver motor court. The house dates to 1971, and is more or less a modern design with some potent rustic elements—a fieldstone fireplace accent wall, exposed ceiling trussing and hardware—amid the glassiness and industrial design elements.
Highlights of this house include the sunroom that overlooks the ocean, the master bedroom, and the second-floor overlook above the foyer. Sliding glass doors pop up frequently in the home’s design, allowing access to the grounds, where lawns, gardens, walking paths and a Gunite pool comprise a convincing vision of Hamptons summer.
Perelman’s net worth is around $3 billion, according to Forbes.
Billionaire Bruce Karsh Offering Beverly Hills Manse at $50M After Price Cut
The last time we looked at a residential property owned by billionaire investor Bruce Karsh, the story concerned the sale of a Brentwood estate; the Oaktree Capital co-founder picked up the 1940-built, 8,617 sq. ft. Georgian in 2014 for $33.7 million, and sold it in the spring of 2019 for $33.5 million.
Karsh is no doubt hoping for a better resolution concerning his newest residential real estate sales venture. It’s another Southern California property this time around, a 1930-built Tudor manor in Beverly Hills Post Office which, according to public records, the billionaire picked up in 2000.
Records indicate that Karsh paid a hair over $12 million for it. Karsh initially offered the three-acre estate for sale last summer, when it appeared with a $59.5 million asking price. But it reemerged last month tagged at $49.5 million.
Space, history and a fine mix of original details and modern updates define a pencil sketch of this substantial estate, which was treated to a protracted restoration by Michael S. Smith. Smith included a survey of the property in his book The Curated House.
Three acres is of course a generous parcel for this neck of the woods, and the grounds have plenty of room to establish an escapist feeling while packing in the mansion, a tennis court with a lounge, a pool and pool house, a heated gazebo, and walking paths that meander through the tree-studded landscaping and garden design from Christine London.
The interiors beguile with their sense of history; original details include hand-stenciled ceilings, Venetian plaster, exposed timber, limestone fireplaces, panoramic wall covering, and French doors. Specialty rooms include a salon with a depression-era bar, a billiards room, and a library.
Listing information puts the square footage at 16,439 sq. ft.; the measurement may well include the pool house, a two-level structure containing two suites.
Karsh’s net worth is north of $2 billion.More info
