Business Insider<\/a>. The outlet reported that there was more than \u201c$30 million owed in foreclosed mortgages and other liens against the property.\u201d<\/p>\nThe listing broker, Sami Hassoumi of Brown Harris Stevens, could not be reached for comment. \u00a0<\/p>\n
The sisters bought the 25-foot-wide, 18,000-square-foot mansion in 1984 for an unknown price.<\/p>\n
Back then, it had been carved up into seven rental units. The sisters wanted to return the building to its original single-family mansion status. But there was a rent stabilized hold-out:\u00a0interior designer Thomas Britt, who\u00a0had moved into a massive 3,000-square-foot triplex in the building in 1971, paying\u00a0$700 a month. That sum had jumped to $3,025 a month in 2017 \u2014 still far below market value.\u00a0<\/p>\n
The home features seven bedrooms, eight full baths, four powder rooms, 14 fireplaces and an elevator. Design details include elaborate crown moldings, millwork, herringbone and white marble floors, wood paneling and magnificent hand carved details. There\u2019s also a marble staircase,\u00a0floral garlands, arched French windows, three terraces \u2014 and Central Park views.<\/p>\n
Touches include ornate moldings. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
A structural staircase connects the levels. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
There are plenty of spaces for entertaining. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
It\u2019s easy to get lost in the spacious, old world-style rooms, which include a wood-paneled library, a gym, a conservatory, a circular dining room and a sitting room with double-height ceilings. The home is topped by a copper mansard roof. Two of the eight stories are below ground.\u00a0<\/p>\n
Cassini kept his atelier there until his death in 2006 at age 92.\u00a0While the sisters later returned to the home to remove some possessions, many remained.<\/p>\n
Bill Roland, co-owner of Roland Auction, told Gimme Shelter exclusively that he purchased \u201cthe whole treasure trove of items\u201d from bankruptcy court, adding that his team had a mere 12 days to clean out the house. He is now auctioning what remains in three separate auctions. The first was held on March 28. The second will be held on April 11 and the third on May 2.<\/p>\n
\u201cI\u2019m still going through the boxes,\u201d Roland said. <\/p>\n
\u201cIt\u2019s no small undertaking. His life\u2019s achievements are there \u2014 awards, photographs with Grace Kelly, a framed invitation to [JFK\u2019s] inauguration,\u201d Roland said, adding that he will also be auctioning Cassini\u2019s sketchbooks and perfume bottles from his fragrance business, as well as \u201cbeautiful paperweights, frames and his library.\u201d<\/p>\n
The collection also includes private correspondence between Cassini and people including Kelly and Kennedy, as well as pieces from his personal art collection. <\/p>\n
The stately exterior. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
The condition of the home is museum-caliber. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
A view of the layout. Evan Joseph\/ Sotheby’s International Realty<\/p>\n
\u201cI\u2019ve barely scratched the surface,\u201d Roland said, adding that he believes he has not heard the last from Marianne Nestor: \u201cI\u2019m not looking for a fight with that woman, but I know I\u2019m going to get one.\u201d\u00a0\u00a0<\/p>\n
Marianne Nestor owes more than $133 million in civil judgments, according to a 2024 court filing cited by Business Insider \u2014 a claim that, the outlet reported, Nestor denies. She was also jailed at least once<\/a> for six weeks for refusing to comply with court orders. Separately, she fought Cassini\u2019s four children over his $55 million estate, which included other property.\u00a0<\/p>\nBy 2022, Marianne Cassini filed a $350 million lawsuit against Nassau County officials whom she accused of trying to loot the estate through \u201ccorrupt\u201d and \u201cillegal\u201d actions, according to The Post\u2019s reports.\u00a0<\/p>\n
The following year, in 2023, Peggy Nestor filed for Chapter 11 bankruptcy protection. Next, in 2024, the sisters listed the home for $65 million and the price has been dropping ever since.\u00a0<\/p>\n
Not many Gilded Age mansions have survived in such pristine conditions. This one was built in 1901 for financier and philanthropist Elias Asiel \u2014 and features one of the city\u2019s most architecturally significant limestone facades, with sculptural garlands over the windows.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s a fashionable home \u2014 but the backstory behind its dramatic sale is anything but stylish. The House…\n","protected":false},"author":3,"featured_media":698179,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5122],"tags":[5229,27739,108742,14471,5418,405,403,5226,5225,5228,5227,245278,4329,10204,41012,67,586,132,5230,26318,68,2969],"class_list":["post-698178","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-america","tag-bankruptcy","tag-foreclosure","tag-gimme-shelter","tag-luxury-real-estate","tag-new-york","tag-new-york-city","tag-newyork","tag-newyorkcity","tag-ny","tag-nyc","tag-oleg-cassini","tag-real-estate","tag-residential-real-estate","tag-townhouses","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-upper-east-side","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116331727384571677","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/698178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=698178"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/698178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/698179"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=698178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=698178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=698178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}