Russian billionaire and Chelsea F.C. owner, Roman Abramovich now has his desires granted by the Landmarks Preservation Commission after ruling against his original plans to combine three homes into an 18,255-square-foot Upper East Side mansion.
According to real estate website 6sqft, the revised plan from architect Steven Wang means that there will no longer be dramatic changes to the facades of the properties and that they will not look like one single home from outside.
Abramovich can now go ahead and create a mega-mansion out of the row houses at 11-15 East 75th Street between Fifth and Madison avenues, which are worth $78 million. He purchased the first of the three houses back in January 2015.
Once complete, the newly combined home will be one of the largest in Manhattan and brokers speculated that it could add around $50 million to the value of the property, although no Manhattan townhouse has ever changed hands above the $100 million mark.
This is not the first time 49-year-old Abramovich has faced opposition from preservationists to his home improvement ambitions. In London, it took him three years to win approval to create a mega-mansion in the city’s exclusive Kensington neighborhood.
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