Former Lehman President’s New York Home Listed for Sale
A mansion on New York’s Long Island owned by Joseph M. Gregory, the former president and chief operating officer of bankrupt investment bank Lehman Brothers Holdings Inc., is up for sale for $22 million.
The 10-acre (4-hectare) Lloyd Harbor property has a 15,000- square-foot (1,400-square-meter) main residence and a 6,000- square-foot guest house, according to Zillow Inc.’s website. The estate has six bedrooms and nine bathrooms, according to the real estate information company.
The property was listed under Gregory’s name in court documents related to Lehman’s bankruptcy filing. Photographs on Zillow’s website of the home, custom built in 2002, show a staircase-accessible closet with built-in shoe shelves, a hardwood dock and a swimming pool with a view of Long Island Sound.
The listing was reported yesterday by Business Insider.
Gregory joined Lehman in 1974. He became co-COO in 2002, and was named president and sole COO in 2004. Lehman Brothers’s 2008 bankruptcy filing was the largest in U.S. history.
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