Don’t leave home without $21M: Amex exec’s widow sells townhouse

Lisa Gilligan nets modest gain on Upper East Side property

New York /
Dec.December 02, 2019 07:00 PM
Ed Gilligan and 3 East 94th Street (Credit: Getty Images, Compass)

Ed Gilligan and 3 East 94th Street (Credit: Getty Images, Compass)

Lisa Gilligan, whose late husband Edward was president of American Express, has sold the couple’s four-story Upper East Side townhouse for $21 million.

Gilligan, who could not be reached for comment, is the sole member of seller Tite Street Partners LLC, property records show. The buyer is an entity whose president is Matthew C. Harris.

Edward Gilligan purchased the mansion at 3 East 94th Street for $18.5 million in 2010, records show. It previously belonged to real estate magnate Aby Rosen, who renovated the property, adding a 400-bottle wine cellar and a sauna.

The 11,700-square-foot, four-story mansion, which underwent another major renovation in 2012, features a landscaped garden, five fireplaces, six bedrooms and nine bathrooms.

A private terrace has views of Central Park, while a ground-level gym boasts a sauna and spa bath. The asking price was $24.5 million.

Kevin Sneddon of Compass, who co-listed the property with Lois Nasser of Sotheby’s, said they gave the property a “cosmetic refresh” to attract buyers — bringing in light fixtures, replacing velvet wallpaper with neutral paint and creating a more modern aesthetic.

“It sold very quickly,” he said. “We were very pleased with it.”

Randall Gianopulos of Sotheby’s International Realty represented the buyer.

Correction: An earlier version of this article ​misspelled the surname of a Sotheby’s broker. She is Lois Nasser, not Wasser.


Related Articles

arrow_forward_ios
(Getty)
How Albany is dealing with its 1K vacant buildings
How Albany is dealing with its 1K vacant buildings
Seth Weissman, John Catsimatidis, Mayor Eric Adams
They said what now? Real estate quotes of the week
They said what now? Real estate quotes of the week
(Photo Illustration by The Real Deal with Getty)
DC’s real estate market demands to be taken seriously
DC’s real estate market demands to be taken seriously
From left: Robert Reffkin and Rupert Murdoch (Getty, Compass)
ChatGPT didn’t write this week’s real estate news roundup, we promise
ChatGPT didn’t write this week’s real estate news roundup, we promise
(Photo Illustration by The Real Deal with Getty)
Native Hawaiians leaving state due high cost of living
Native Hawaiians leaving state due high cost of living
5603 Winslet Drive North in Franklin, TN with Paula Duvall
Charred $1.5M mansion finds buyer after days on market
Charred $1.5M mansion finds buyer after days on market
Redeemer’s Timothy Keller and 150 East 91st Street (Getty, Google Maps, Redeemer)
Redeemer Presbyterian’s UES development plans vex co-op residents
Redeemer Presbyterian’s UES development plans vex co-op residents
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
arrow_forward_ios

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

Loading...