Public Auction for Gramercy Park Town House Where Oleg Cassini Once Lived Fails to Attract Bidders

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Public Auction for Gramercy Park Town House Where Oleg Cassini Once Lived Fails to Attract Bidders
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A minimum bid of $5 million had been set.

NO DEAL: There were no bidders at Tuesday’s public auction by the New York County Sheriff’s office for an East 19th Street town house where Oleg Cassini once lived.

The property had been appraised for $9 million. Built in 1901, the six-bedroom and five-and-a-half bathroom Gramercy Park property has two fireplaces, double-high ceilings and a rear patio. Prized architect Charles Sterner remodeled it into a Gothic house for the pre-Cassini owner Joseph B. Thomas. Last fall, Marianne Cassini was released from a Nassau County jail after being held in civil contempt after refusing to turn over financial statements and business records to a court-appointed receiver. She described Nassau Surrogate’s Court Judge Margaret Reilly’s decision to do so as “an abuse of discretion.”

Christina Cassini was one of Barnosky’s clients until her death in 2015. Barnosky is co-executor of her estate with Alexandre Belmont Cassini, who lives in Ibiza, Spain.

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