
Check out Richard Perry’s 1 Sutton Place South terrace. It’s all blinged out with a 5 foot high green stainless steel diamond — a sculpture by Jeff Koons that sold in 2005 for $2.3 milllion. And it apparently hasn’t made him very popular with at least a couple of the neighbors. According to the NY Post:

The green sculpture, which was hauled to its spot with a crane, isn’t the only bling on the terrace. A wall behind the artwork is encrusted with smaller, flower-shaped gemstones.
The sculpture has run into some trouble since it was installed in 2007.
Neighbors who live across the street in a penthouse at 14 Sutton Place complained that the light reflecting off it was burning like lasers through their windows, and workmen had to adjust the diamond’s positioning, a source said.
It has also not been a hit with amateur art critics.
“I think it’s as ugly as it comes,” said Juergen Thieme, who lives across the street at 2 Sutton Place. “But everyone has a right to his kind of beauty. It’s not my kind. People to whom I’ve spoken don’t care too much for it, either.”
Diamond In The Roof – NY Post
Tags: Art, Hedge funds, Perry Capital, Richard Perry, Wealth




