Billionaire William Lauder lists NYC home for $26.95 million a year after buying it

Shortly after “Succession”-worthy drama ousted makeup mogul William Lauder from his top role as chief executive of the Estée Lauder Companies — thanks to the machinations of his cousin Jane, according to reports — he’s placed his high-end co-op in the Upper East Side. the market for $26.95 million, according to a StreetEasy listing update.

The listing was first reported by Curbed — and, we hear, he’s looking to let it go in an effort to downsize.

Lauder bought the ritzy mansion at 778 Park Ave. last year alone for $24.95 million, as Gimme Shelter exclusively revealed. The sleek device was previously owned by the late Page Six gossip queen Claudia Cohen.

Lauder bought the Park Avenue mansion after purchasing a $155 million Palm Beach estate previously owned by Rush Limbaugh.

This 12th floor pad is 5,500 square feet. It comes with five bedrooms, five bathrooms, two powder rooms and occupies the entire floor in a pre-war Rosario Candela building.

William Lauder. Getty Images for BCRF
The building was famously designed by architect Rosario Candela, who redefined luxury living in New York. VHT off Corcoran
Features include beautiful wooden walls. VHT off Corcoran
Large windows fill the space with light. VHT off Corcoran
The layout has plenty of space to display art. VHT off Corcoran
A dining area. VHT off Corcoran
A plush bedroom. VHT off Corcoran

Lauder had previously listed his entire 14th-floor unit in the building for $45 million in 2019, which was later reduced to $39 million until it was taken off the market in 2021. His goal, of Gimme sources said at the time, it was to create a glorious duplex, since the building does not have a 13th floor. Lauder also owns a unit at 998 Fifth Ave., which he bought for $23.5 million in 2017.

The 12th-floor unit, meanwhile, features high ceilings, herringbone floors, three wood-burning fireplaces and views of Central Park. The house is opened by a private elevator that leads to a long gallery and living room with three large windows over Park Avenue.

There is also a formal corner dining room, a wood-paneled library and a large eat-in kitchen with a windowed pantry and a breakfast nook. The separate bedroom wing includes a large master suite with a dressing room and en-suite bathroom. Stairs from this floor lead to a staff suite with two additional bedrooms and a bathroom.

The 20-story building dates back to 1931. Amenities include a fitness center, a yoga/massage room, and a beauty salon.

The listing agents are Corcoran’s Cathy Franklin and Alexis Bodenheimer.

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Image Source : nypost.com

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