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

Lisa Gilligan nets modest gain on Upper East Side property

TRD 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

From left: the Ritz-Carlton, 32 East 1st Street, 560 West 24th Street, 301 East 80th Street and 32 West 85th Street

Five priciest homes new to market include 1897 townhouse

From left: Jed Wilder, Bess Freedman, Richard Grossman, Josh Sarnell and Adam Mahfouda (Credit: Emily Assiran) 

Agents to StreetEasy: The fee is too damn high

Andy and Kate Spade with 850 Park Avenue (Credit: Getty Images and Google Maps)

Kate Spade’s UES co-op sells for $5.8M

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law