JPMorgan exec’s UES townhouse returns to market for $26 million

New York /
Feb.February 09, 2012 12:30 PM

A Beaux-Arts five-story mansion on Upper East Side owned by JPMorgan Chase’s Jeff Urwin is once again for sale for $26 million just eight months after it was taken off the market by the Corcoran Group’s Carrie Chiang, according to data from Streeteasy.com.

The 8,800-square-foot, 21-foot-wide mansion at 15 East 80th Street and Fifth Avenue, which has a 35-foot-long music room, a garden and two terraces, has had a turbulent time on the market, the data shows. It was first listed by Chiang in 2008 for a larger sum of $32.75 million but the price dropped to just $26 million in 2009. It was finally taken off the market last June.

Urwin’s wife Alisa Urwin, who answered a call to the home, only would say about the listing: “I don’t want to talk about that.”

Urwin, who was among the highest-ranking JPMorgan Chase executives to join the New York-based firm through its 2008 acquisition of Bear Stearns, was recently appointed global head of investment banking at the company. He will lead investment-banking coverage, capital markets and mergers and acquisitions, according to news reports.

Chiang was not immediately available for comment.


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