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 he’s looking to let it go in an effort to downsize.
Lauder, we hear, loves the building.
“He’s hanging in there,” said Corcoran listing broker Cathy Franklin, who shares the offer with Alexis Bodenheimer. Lauder owns an entire unit on the 14th floor.
He considered combining the two units into the 12th, which is now listed, and the 14th floors—superstitious New Yorkers often don’t have a 13th floor in their buildings—for his children.
“But they’re all grown up,” Franklin said. “That’s why he’s selling. He is still standing in the building. He loves it—and New York. He is here to stay.”
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 an entire floor in a pre-war Rosario Candela building.
Lauder previously listed that 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. Lauder also owns a property 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.
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