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

Lisa Gilligan nets modest gain on Upper East Side property

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.

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