Steve Ross’ Ex-Wife Lands in $5.6M Fifth Avenue Pad

ByCatherine G. Pinion

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Kara Ross and 870 Fifth Avenue in Manhattan NYC (Getty, Google Maps)

Kara Ross is proving to be as capable of creating serious estate moves as her shortly-to-be ex-husband, getting a co-op in Lenox Hill.

The former bride of Related Providers chairman Stephen Ross put in $5.6 million on a unit at 870 Fifth Avenue, according to home records. The deed was recorded this 7 days, but the document dates back again to October, just about a person thirty day period right before she submitted for divorce from the billionaire developer.

The sellers of the 14th-ground unit had been Oleg and Irina Gutnik. It was final shown in May 2020 for about $6 million.

The co-op device is a a few-bed room, two-and-a-fifty percent lavatory spread with views of Central Park from both equally the residing place and master bedroom, according to a description on StreetEasy. The next bed room opens to a 2,000-sq.-foot landscaped and furnished terrace. A third bed room in the unit is slightly scaled-down than the other people and has been transformed into an business office with a Murphy mattress.

The 20-story creating was built in 1949 and consists of 94 units. Characteristics of the making include things like private storage space, a well being club, a bicycle home, valet providers and a roof deck.

Ross is a jewellery designer who has developed items for the likes of Oprah Winfrey and Michelle Obama. Stories of the couple’s divorce 1st surfaced in April 2021 they reportedly signed a prenuptial arrangement when they married in 2003. She submitted for divorce in November, in accordance to the New York Everyday Information.

A lawful resource explained to Site 6 past calendar year that a settlement for Kara could start at $100 million, by now producing it one particular of the most high priced divorces in the town. It was described the possession of Associated Organizations and the developer’s other organization holdings would not be impacted.

The previous couple shown their Central Park penthouse for sale in July 2019, chopping the price to $62.5 million in 2020.

Kara Ross could not instantly be attained for remark.

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