The holidays aren’t only a good time for giving to others; they’re also a popular time for people of means to buy themselves lavish gifts. This year Apollo Global Management managing director Marc Rowan went all out: the billionaire and bride Carolyn splurged on a $26 million co-op at 927 Fifth Avenue, according to city records.
The Rowans, who own a floor-through on the sixth floor, have purchased the floor-through on the fifth floor. The couple could be looking for a slightly inferior view, of course, but we’d say this a fairly unambiguous move to create a duplex floor-through.
You can never have too much of a good thing, and 927 Fifth Avenue—red-tailed hawk controversies aside—is definitely a good thing. Or so Apollo Global Management managing director Marc Rowan and wife Carolyn seem to think.
The couple, who live on the exclusive co-op’s sixth floor, have paid $7.7 million for the space formerly owned by Robert Schwager, who died in 2007, according to city records.
Schwager, a prominent plastic surgeon, kept his offices on the ground floor of the building, which is classified, according to the deed, as commercial co-op space.