Ronald Lauder Sells Philip Johnson-Designed Turtle Bay Townhouse For $20M

Ronald Lauder, the cosmetics billionaire, has sold the Philip Johnson-designed Turtle Bay townhouse for just under $20 million. The single-family property, located in the Turtle Bay market, was sold by Lauder himself.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $20,000,000

The sale of the Turtle Bay townhouse was completed on November 15, 2023. Ronald Lauder, the seller, made the decision to part ways with this iconic property, which was designed by renowned architect Philip Johnson. The sale price of just under $20 million indicates the value placed on this unique single-family home located in Turtle Bay.

It is worth noting that the cosmetic billionaire's decision to sell this prestigious townhouse marks the end of an era for the property. The transaction demonstrates the high value placed on properties designed by esteemed architects and showcases the demand for luxury real estate in the Turtle Bay market.