A 19th floor co-op home at 825 Fifth Avenue in Lenox Hill was recently purchased by Jack Rudin, the chairman of Rudin Management, for $10.5 million. This two bedroom luxury property, purchased by Jack and his wife Susan, has incredible views of Central Park as well as master suite and living room attached to the west facing terrace which directly overlook the park.
Some of the homes features include parquet hardwood floors; expansive windows; and a large living room and dining area combined, attached to a small kitchen. The master suite and guest bedroom are in a private wing, each with an ensuite bath, and another full bath sits in the hallway between the living room and the master wing.
Considered by many to be one of the most attractive residential buildings on Fifth Avenue, it was designed but J.E.R. Carpenter, and is located near East 64th Street. Built in 1926, the building has 23 floors. The red tile rooftop and chimneys have been a distinguishing factor in the Central Park skyline for many years. The building’s many amenities include concierge, doorman, maid services, laundry facilities, grand entry, and courtyard.
According to StreetEasy, the property hit the market last year at a higher $12 million-and-change price, but was never sold. It then re-emerged this January at just under $11 million, and was snatched up by Rudin within a couple of months at $10.5M. The property was finally listed and sold by Douglas Elliman Real Estate.
Jack Rudin and his brother, Lew, have been integral in running the business that was started by their father. It continues to be kept in the family by his nephew, Bill Rudin, CEO. The business is in involved in several of the properties throughout the city including the condo conversion of previous St. Vincent’s Hospital in Greenwich Village, where a $29 million listed penthouse is in contract. The Rudin’s are the owners of various Upper East Side buildings including 215 East 68th Street.