Ronald Perelman lands in Orlando the week of his $410M art trial

Ronald Perelman flew from Morristown, New Jersey, to Orlando Executive Airport on June 19, a 2-hour-20-minute hop in his Gulfstream G650 (N838MF) that touched down just after 4 p.m. local time. The flight, one of several recent shuttles between the Northeast and Florida, lands the same week his $410 million art insurance trial is expected to conclude in Manhattan, per a report from Insurance Journal on June 18.

The trial, now in its third week before Justice Joel M. Cohen, centers on five paintings — including works by Andy Warhol and Cy Twombly — that Perelman claims lost their “luster” and “lyricism” after a 2018 attic fire at his East Hampton estate, the Creeks. Insurers, who have already paid out more than $100 million for other fire damage, argue Perelman didn’t report damage to these specific pieces until 2020, when he was facing margin calls. Perelman testified Tuesday that the colors on Edward Ruscha’s “Box Smashed Flat” were “no longer popping.”

The Orlando arrival follows a pattern: Perelman’s jet has made the KORL-KTEB round trip twice in the past week, and his home base remains Francis S Gabreski in East Hampton. The Creeks, his 57-acre compound on Georgica Pond, was rebuilt after the fire but was listed for $180 million last year, as Social Life Magazine noted. For now, Perelman’s legal and travel calendars remain closely tethered.