Being the progeny of the superrich not infrequently comes with some pretty posh perks. Just ask fortunately born Tamara Winn and her husband Randy, who are fixing to list their Manhattan apartment with an asking price of $40 million.
About a thirteen years ago, Mrs. Winn, the elder daughter of junk bond billionaire Ira Rennert, and Mr. Winn, a fairly low profile financier, paid the estate of Mosler Safe heiress Janet Coleman $32 million — in cash — for a large co-operative apartment at 740 Park Avenue, a building so steeped in lore and so chock-a-block with influential and enormously wealthy residents that best-selling author Michael Gross wrote a page-turner of a book about it.
So the story goes, the funds for the suburban mansion-sized apartment came from Mrs. Winn’s deep-pocketed father who, right about the same time, for his younger daughter, Yonina Davidson, paid fashion designer Vera Wang $33.6 million for an equally impressive apartment in another prestigious Park Avenue building. (Incidentally, Wang now lives at 740 Park Avenue, in a massive duplex previously owned for three decades by her exceedingly well to do late parents and transformed into a “Modernist Masterpiece” recently fawned over in Vogue.)
The 19-story Art Deco edifice at 740 Park Avenue, which looms over the northwest corner of East 71st Street and a particularly posh stretch of Park Avenue, was designed by acclaimed architect Rosario Candela and built by the grandfather of Jackie Kennedy Onassis, who famously lived there as a child. Completed just after the 1929 stock market crash, the apartment house nonetheless became (and remains) a limestone-clad bastion for immensely rich folk.
John D. Rockefeller, Jr. occupied one of the building’s plummiest units, a high-floor duplex now owned by Blackstone Group CEO Stephen Schwarzman, while Jackie O’s childhood home last changed hands in 2017 when hedge fund fat cat David Ganek sold it for $25.25 million — far less than its pie-in-the-sky original asking price of $44 million — to Jacob Safra, scion to one of the richest banking families on the planet. In 2012 distressed securities investor Howard Marks paid a blistering $52.5 million for a ocean liner-sized 30-room duplex, and about two years later hedge fund titan Israel “Izzy” Englander got into an intense bidding war and paid a heart-stopping $71.278 million for a titanic duplex directly below a humongous unit he already owned.