Cosmetics heir William Lauder traded his Upper East Side co-op for a profit. The chairman of Estée Lauder, the beauty company his grandparents founded in the 1940s, sold his apartment at 998 Fifth Avenue for $37.5 million, according to public records. He dropped the asking price of the five-bedroom co-op to $25 million earlier this year. Lauder bought the 12th-floor unit from another cosmetics mogul, former Revlon owner Ronald Perelman, for $24 million in 2023. If the land trades for its $178 million asking price, it will set a new record for Florida’s priciest residential sale.