Ralph Lauren picks up $4M co-op in his UES building of 40 years
Streetview of 1107 Fifth Avenue © 2022 Google
Ralph Lauren and his wife Ricky have bought a second apartment in the same Upper East Side building where the couple has lived for the past four decades. As first reported by the New York Post and confirmed by property records, the fashion designer paid $4,000,000 for a co-op at 1107 Fifth Avenue, a 14-story building on the corner of East 92nd Street in the Carnegie Hill Historic District.
Photo by Eden, Janine and Jim on Flickr
According to city records, the seller is the estate of Nancy Norman Lassalle, a champion and a founding member of the boards of New York City Ballet and the School of American Ballet. According to a New York Times article published after her May 2021 death, Lasalle gave “parties for the dancers at her Fifth Avenue apartment.”
Lauren moved to a duplex penthouse at the building 40 years ago and raised his family there. According to a 2010 feature in Elle Decor, the designer completed a gut renovation that modernized and opened up the home.
“I deal with color all the time when I’m working,” Lauren told the magazine. “This is a way I feel like I can live in New York and be comfortable and simple. When I’m at home, I need to feel like I’m floating on a cloud.”
Built by the George Fuller Construction Company in 1925, 1107 Fifth Avenue is known for being home to New York’s first-ever penthouse. In order to build the 14-story apartment building, the developer had to convince cereal heiress Marjorie Merriweather Post Hutton to give up her mansion located on the site.
She agreed, but only “if Fuller virtually recreated much of her 54-room mansion on the building’s top three floors plus a for-her-use-only porte-cochere on the 92nd Street side,” as 6sqft previously learned. According to CityRealty, the huge apartment was “subsequently broken up.”
[NY Post]
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