Billionaire Ronald Lauder Sold Philip Johnson's $19.99M NYC Residential Masterpiece

In a discreet off-market deal, billionaire philanthropist Ronald Lauder has successfully sold the iconic Rockefeller Guest House, the only residential property in New York City designed by the legendary architect Philip Johnson. The property, nestled at 242 E. 52nd St., changed hands for a substantial $19.99 million, marking a significant transaction in the city's real estate landscape.

Lauder's Storied Ownership

A fixture in Turtle Bay, the Rockefeller Guest House was acquired by Lauder through a fascinating series of transactions. Initially, he secured the property in 1989 at an auction. Later, after selling it to London gallerist Anthony d’Offay, Lauder regained ownership at auction in 2000, shelling out $11.16 million. Lauder, remaining tight-lipped about the recent sale, has left real estate enthusiasts intrigued by the exclusive nature of this transaction, as reported first by Curbed.

The Artistic Legacy

Originally constructed as a testament to the art collection of Blanchette Rockefeller, the wife of John D. Rockefeller III, the landmarked residence has a rich history. In 1958, it was generously donated to the Museum of Modern Art. Over the years, it transitioned through various private hands, hosting luminaries like architect Philip Johnson himself, who lived there from 1971 to 1979. The house stands today as a symbol of the modern movement in architecture.

Architectural Marvel Amidst Midtown

Situated incongruously in the heart of midtown Manhattan, the Rockefeller Guest House is a striking two-story brick-and-glass structure. It defies the surrounding 19th-century structures, making it one of the pioneering buildings reflecting the modern architectural movement. The Landmarks Preservation Commission recognizes its significance, noting its distinct design and the interior court with a pool that spans the building's width.

Johnson's Vision Unveiled

Philip Johnson's innovative vision is manifested in the house's design, particularly the second floor, which he described as a means to provide "facade height." In a deliberate departure from conventional one-story homes, Johnson's design showcases an open first floor with floor-to-ceiling windows facing an interior courtyard. The layout includes a spacious living area, a concealed kitchen, and unheated bedrooms on the second floor, revealing the architect's avant-garde approach to residential design.