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Tagged: 4 East 66th

Real Estate

The Gatekeepers of Fifth and Park Avenues

126080Page Six Magazine published a handy little charticle on some of the most powerful co-op boards in town and the board members who stand between you and that $20 million co-op.

820 Fifth Avenue, Jayne Wrightsman
"Jayne has rejected fashion designer Valentino, as well as billionaires such as investor Ron Perelman and casino developer Steve Wynn."
740 Park Avenue, Charles Stevenson
"Barbra Streisand was rejected because the board thought 'she'd give too many parties.' Others denied include Joan Crawford, Elizabeth Taylor and Barbara Walters.
950 Fifth Avenue, Mort Zuckerman
"950 Fifth could be the city's most notorious bachelor pad. Robert Hurst and Mort Zuckerman are reportedly single, and ex-residents Loews Hotel CEO Jonathan Tisch and former Tyco head Dennis Kozlowski were bachelors when they resided here."
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Real Estate

Hedge Funder Buys Out Veronica Hearst

123682Hedge fund manager Chase Coleman and his wife Stephanie have gone into contract on the sixth-floor, full-floor spread at 4 East 66th Street, the apartment that socialite Veronica Hearst was forced to put on the market to pay off her mounting debts. It's unclear how much the Julian Robertson protégé paid for the lavish spread since it was never formally put on the market, but rumors back in April suggested that Hearst was prepared to part with it for around $30 million. (The apartment, which Veronica inherited from her late husband, billionaire publishing heir Randolph Hearst, was also home to her daughter Fabiola Beracasa until recently.) Of course, a big bucket of cash wasn't all Coleman needed to get past the notoriously finicky co-op board, which once denied admission to billionaire financier Ron Perelman. Prospective buyers in the building that Sid and Mercedes Bass, Alan Greenberg, and Lew Sanders live in are expected to have at least $100 million in liquid assets to pass muster. We're guessing that wasn't a problem for Coleman, considering he's estimated to have taken home between $350 and $400 million in 2007. Although Chase and Stephanie will no doubt renovate the place to their tastes, you can see what it looked like when Veronica was ruling the roost after the jump. More