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Gilded Age mansion that housed Oleg Cassini’s atelier — a ‘glistening survivor’ — sees another $5M price cut

Gilded Age Mansion That Housed Oleg Cassini’s Atelier Sees $5M Price Cut

A historic Gilded Age mansion once home to fashion designer Oleg Cassini's atelier has just undergone a significant price drop of $5 million, sparking new attention from real estate enthusiasts and history buffs alike. Known for its grandeur and storied past, this "glistening survivor" of a bygone era offers a rare glimpse into the opulence of the 19th century, as well as a piece of fashion history tied to the renowned designer who dressed Jacqueline Kennedy and other high-profile figures.

A Glorious Slice of History

The mansion, located in the prestigious Upper East Side of New York City, is a testament to the Gilded Age—a period marked by lavish excess and architectural splendor. Originally built in the late 1800s, this grand residence is a magnificent example of classic architectural elegance. Its towering ceilings, intricate moldings, and beautifully crafted woodwork speak to an era of luxury and craftsmanship that’s hard to replicate in modern builds.

But the property’s most intriguing feature isn’t just its history—it’s the celebrity connection. In the 1960s, famed designer Oleg Cassini—known for shaping the iconic style of Jackie Kennedy—used this mansion as his fashion atelier. The residence once buzzed with the energy of haute couture design and elite clientele, lending it an air of fashionable charm that few other homes can boast.

A $5M Price Cut: Why Now?

While this mansion was originally listed for an eye-popping $35 million, its price has now been slashed to $30 million. In today’s real estate market, where luxury homes are facing growing competition, this price reduction could be seen as a strategy to make the property more appealing to high-net-worth individuals looking for a once-in-a-lifetime property investment.

With a sprawling 13,000 square feet of living space, including seven bedrooms and eight bathrooms, the mansion is a rare find in New York’s competitive luxury market. It also boasts multiple living areas, a library, home office spaces, and a private garden—all in prime location near Central Park, cultural institutions, and world-class shopping.

Despite its recent price cut, it remains one of the most exclusive and historical properties on the market, especially for those with an appreciation for design legacy and architectural heritage.

Why is This Mansion So Special?

Here’s why this gilded gem continues to captivate:

  • Historic Significance: Beyond being a typical Gilded Age mansion, its history as the home of Cassini’s atelier gives it a unique cultural value. Owning a property that was once the creative space for such a prominent figure in fashion is rare and incredibly special.

  • Architectural Splendor: The mansion retains many of its original Gilded Age details, from marble fireplaces to hand-carved woodwork. The historic frescoes and stained-glass windows transport anyone who enters back to a time of extravagance.

  • Perfect for Entertaining: With its grand reception rooms, ornate staircases, and multiple outdoor terraces, the mansion is tailor-made for entertaining at the highest level. It exudes an old-world charm that few can match.

  • Modern Amenities: Despite its historic bones, the mansion has been outfitted with all the modern luxuries one would expect, including a state-of-the-art kitchen, home gym, and advanced security systems.

  • Prime Location: Situated on Manhattan's Upper East Side, the property is in one of the most desirable areas of New York, close to world-renowned galleries, designer boutiques, and exclusive restaurants.

A Vision for the Future

As luxury real estate evolves in the face of shifting economic landscapes, properties like this mansion offer a combination of history, opulence, and modern flair. With the price cut now in place, potential buyers have an incredible opportunity to acquire a slice of New York City history that blends elegance with the charm of an iconic fashion legacy.

Whether you are an investor, a lover of architecture, or a fashion aficionado, this Gilded Age mansion offers something truly unique. It's not just a home; it's a living testament to the golden age of American design and culture.

In the world of luxury real estate, few properties offer as much depth, character, and connection to New York's storied past as this. Now, with the $5 million price cut, the mansion could finally find its next steward—someone who understands its history and the role it played in shaping the fashion industry.

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