The Upper East Side townhouse once owned by the late fashion designer Oleg Cassini is hitting the market for roughly $50 million.
Called the Elias Asiel Mansion, the 25-foot-wide, 17,000-square-foot building was listed as the designer’s widow, Marianne Nestor Cassini, serves time in prison for failing to comply with a court order related to a dispute with Cassini’s children and grandchildren over his $60 million estate. Another one of the estate’s properties, at East 19th Street in Gramercy, is set to go to auction next week.
The building was also at the center of decades long saga that involved Nestor Cassini and her sister’s attempt to remove a tenant, designer Thomas Britt, who had lived there since the 1970s. Nestor Cassini, who owned the building since 1984, had plans to convert the five-story building into a mansion. Last March, Britt agreed to move out.
French-born Cassini, who died in 2006, was known most famously as the designer of Jacqueline Kennedy when she was first lady. [WSJ] – David Jeans