Family of late designer Oleg Cassini feuds over his $15M Gramercy townhouse

Grandson wants to liquidate the home through a sheriff's sale

New York Weekend Edition /
May.May 13, 2018 02:00 PM

Oleg Cassini and 135 East 19th Street 9 (credit: Wikimedia Commons)

Family fighting over the estate of late celebrity designer Oleg Cassini has now turned toward his $15 million Gramercy Park townhouse.

Cassini’s grandson, Alexandre Cassini Belmont, filed papers in Nassau County Court Thursday demanding that the four-story, single family home at 135 East 19th Street be sold off by the sheriff’s office and nearly $770,000 of the proceeds go to the estate of his late mother, the New York Post reported.

Cassini, who at one point had been engaged to Grace Kelly and styled Jacqueline Kennedy Onassis while she was First Lady, died from a stroke in 2006.

Belmont’s mother, Christina, was Cassini’s only living child at the time. She was entitled to half of his $55 million fortune under a divorce decree dating back to 1953, but battled over control of the estate with Cassini’s widow, Marianne Nestor Cassini.

A Nassau County judge in 2014 removed Marianne Nestor as executrix of the estate, but a year later Christina died penniless in Paris. Now her son, who is based in Spain, is getting into the battle.

The fight over Cassini’s estate has also focused on a five-story building he owned at 15 East 63rd Street, which was valued at $6 million[NYP] — Rich Bockmann


Related Articles

arrow_forward_ios
Hedge fund manager Robert Citrone (Getty)
This “Tiger Cub” hedge funder owns nearly 10% of Compass
This “Tiger Cub” hedge funder owns nearly 10% of Compass
Zynga founder Mark Pincus, Hippo founders Assaf Wand and Eyal Navon, and LinkedIn co-founder Reid Hoffman (Getty, LinkedIn)
Hippo strikes $5B SPAC deal with LinkedIn, Zynga founders
Hippo strikes $5B SPAC deal with LinkedIn, Zynga founders
Opendoor CEO Eric Wu (Opendoor, iStock/Illustration by Alexis Manrodt for The Real Deal)
Opendoor revenue plunged 45% in 2020
Opendoor revenue plunged 45% in 2020
CoStar CEO Andy Florance
CoStar retreats from failed CoreLogic bid
CoStar retreats from failed CoreLogic bid
Jimmy Fallon and Nanvy Juvonen with their penthouse at 34 Gramercy Park East (Photos via Getty/Sotheby's Jeremy V. Stein and Debbie Korb)
Jimmy Fallon lists Gramercy Park penthouse for $15M
Jimmy Fallon lists Gramercy Park penthouse for $15M
In 2018, a Brookings Institution study found homes in majority-Black neighborhoods were undervalued by $48,000 on average. (iStock)
Appraisal Institute taking steps to root out racial bias
Appraisal Institute taking steps to root out racial bias
Jennifer Kalish was Elliman's top individual broker, while Holly Parker led the top team in Manhattan. (Douglas Elliman)
Here are Elliman and Corcoran Sunshine’s top producers of 2020
Here are Elliman and Corcoran Sunshine’s top producers of 2020
Chris Jiashu Xu and Long Island City's Skyline Tower. (Skyline Tower)
Closings underway at Queens’ tallest building
Closings underway at Queens’ tallest building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...