Published On: Sun, May 17th, 2015

Aby Rosen’s $60 Million Deal For Dekoven House Falls Apart

The current owners declined his offer.

1025 Park Ave

Abby Rosen’s $60 Million deal to buy the Dekoven House at 1025 Park Avenue in Manhattan has fallen through. So rejoice, dear reader, as you now may have a chance at getting this bargain property.

Rosen had planned to turn the mansion, currently divided into 10 co-op apartments, back into a single residence in which he would have lived. This would have given him the largest private home on Park Ave.

The real estate mogul was negotiating to gain control of 75% of the shares of the historic mansion. He needed the approval of its co-op board’s current president Mary Wilder, the ex-wife of famous comedic actor Gene Wilder, for a final deal to go through.

According to the New York Daily News, three members of the building’s board scuttled the deal by refusing to go along with it. This was because they expect to get more money by putting the mansion on the open market. It has now been listed at $65 million.

The mansion was converted into private apartments back in 1945.

Sandwiched between two high rise apartment buildings near the corner of 85th Street, 1025 Park Ave. is 60 feet wide and has a total of 19, 000 square feet of space. The brick and limestone mansion was first constructed in 1912 for the prominent composer of light opera and popular songs, Reginald Dekoven, and his wife, Anna, the author of books such as “The Life and Letters of John Paul Jones.”

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