Skip to Content

Click here to visit the new home of Luxist!

Hot on StyleList:

 

1040 fifth avenue

Koch Sells 1040 Fifth Avenue

by Nicole Weston (RSS feed) —

Filed under: Estates

David H. Koch, number 33 on Forbes Magazine's list of the world's billionaires, is selling up to accommodate his growing family and putting his 1040 Fifth Avenue apartment on the market. The apartment occupies the entire 15th floor of the building and was once owned by Jacqueline Kennedy Onassis. Koch purchased it in 1995 for $9.5-million and spent and estimated $5-10 million on renovations. He and his wife felt they needed a larger space to raise what will be their third child, though the apartment at 1040 Fifth has four bedrooms, two dressing rooms, a staff room, a library, living room, dining room, conservatory, two terraces, three fireplaces, five and a half bathrooms and a wine room. The family is moving to 740 Park, which Koch says is a duplex twice the size of the Onassis apartment. The asking price is $32 million.

[Photo NYT]


Source

Tags: 1040 fifth avenue, 1040FifthAvenue, 32 million, apartment, billionaire, david h koch, fifth avenue, forbes, jackie o, Jacqueline Kennedy Onassis, kennedy, new york, onassis

Featured Galleries

Aperion SLIMstage30 Speaker System
Fortis Spaceleader Volkswagen Design White Watch
Gustafsson & Sjogren Stockholm watches
Sensai Summer Skin Care and Makeup Must-Haves
Four Season Provence
Casa Noble Tequila
Turks & Caicos Style
Ulysse Nardin Lady Diver Watch New Colors
Vacheron Constantin Historiques Aronde 1954 Watch

 

HuffPost AOL Social News Most Popular