640 Park Avenue

New York contemporary art collector Glenn Fuhrman bought former Lehman Brothers CEO Richard Fuld’s apartment at 640 Park Avenue for $26 million.

Fuld bought the apartment in 2007 for $21 million but never moved in. He spent millions renovating the sprawling sixteen-room 6,200 square foot co-op.

The apartment has four bedrooms, a fireplace and six staff rooms, according to Stribling’s website which had listed the property prior to Fuld’s purchase.

Fuld and wife Kathy put the property back on the market this spring asking $32 million.

Fuhrman is the co-founder of MSD Capital, Michael Dell’s investment fund. His FLAG Art Foundation in Chelsea presents rotating exhibitions of contemporary art.

The apartment comes with an art world provenance.

640 Park Avenue, Annenberg Jaffe Hall Estate, via Luxist

Evelyn Annenberg Jaffe Hall, an arts patron who died in 2005, owned the property before the Fulds. Hall was the sister of Walter H. Annenberg and a benefactor of MoMA, the Metropolitan Museum of Art and the Brooklyn Museum of Art.

640 Park Avenue, Annenberg Jaffe Estate, via Luxist