jp morgan

The J.P. Morgan Library, The Ultimate Bibliophile Christmas Gift

Filed under: Decor

The Carlton Hobbs gallery in New York is displaying a unique set of furniture, a library that once belonged to J.P. Morgan. The library from the Hotel Gaulin in Dijon, France is attributed to Jerome Marlet and dates from circa 1770. The white and gilt set includes two breakfront bookcase cabinets; a white marble breakfront fire surround with fluted pilaster supports and several smaller pieces of panelling with original Parquet de Versailles oak flooring. The set was acquired in 1922 by J. Pierpont Morgan Jr. and presented by J.P. Morgan to the Metropolitan Museum of Art, New York in 1923. It was loaned to the Los Angeles County Museum of Art around 1950.

The library is on view at the Carlton Hobbs New York gallery, the former Vanderbilt mansion, located at 60 East 93rd Street in New York City it has a for sale price of $3.8 million.

Tags: antique furniture, carlton hobbs gallery, french furniture, jerome marlet, jp morgan

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Jamie Dimon's Chicago Mansion Under Contract At Long Last

by Deidre Woollard (RSS feed) —

Filed under: Estates

We like to think we might have helped JP Morgan CEO Jamie Dimon finally sell his mansion on Chicago's Gold Coast. After all, since we posted it as our estate of the day back in July there's been a flurry of attention about the lavish home and now after years on the market it has finally sold. The Wall Street Journal's Developments blog reports that after a nearly 50 percent price drop the eight-bedroom home the mansion sold for an undisclosed price. The WSJ quotes listing agent Janice Owen as saying the unnamed buyer "saw that it was priced correctly and he went for it." Indeed it does seem that he got a bit of a deal, the mansion was priced at $13.5 million in 2007. It was most recently listed for $6.95 million. Dimon paid $4.68 million back in 2000 but hasn't lived in the home in recent years.

The eight-bedroom home was built in 1870 but has been lavishly adapted for the modern executive. The home is spread out over four stories and includes a 900-square-foot rooftop terrace outfitted with ample seating in both sun and shade. There is a second floor master suite, wine vault, an elegant gold and eggplant media room and gym decorated with sports memorabilia and crowned with a starry dome.

Our next Chicago real estate mission: helping gum exec. Bill Wrigley Jr. sell off his raw space penthouse, still at $14 million making it the tops of the Chicago market.

Gallery: 25 East Banks

Tags: chicago real estate, jamie dimon, jp morgan

Jamie Dimon's Slow Seller, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

How does JP Morgan CEO Jamie Dimon live? Quite well, thank you very much. We first checked out his home on Chicago's Gold Coast last year but a new listing offers a deeper look at Dimon's well-decorated environs. His eight-bedroom home was built in 1870 but has been lavishly adapted for the modern executive. The home is spread out over four stories and includes a 900-square-foot rooftop terrace outfitted with ample seating in both sun and shade. There is a second floor master suite, wine vault, an elegant gold and eggplant media room and gym decorated with sports memorabilia and crowned with a starry dome.

Dimon has been the CEO and president of JP Morgan since 2005 and has been an integral part of overseeing the $25 billion in TARP funds that JPMorgan Chase received. He hasn't lived in the Gold Coast home since 2004. He bought the home in 2000 for $4.68 million and originally put it on the market several years ago for $13.5 million. It was at $10.5 million when we checked it out last year but had a price cut earlier this year to $9.5 million. The only property listed for more in the area is Bill Wrigley Jr.'s raw penthouse space.

Gallery: 25 East Banks

Tags: chicago, chicago real estate, estate of the day, illinois real estate, jamie dimon, JP Morgan, jp morgan chase

Continue reading “Jamie Dimon's Slow Seller, Estate of the Day”

Jamie Dimon's Chicago Home On The Market For A Reduced Price

by Deidre Woollard (RSS feed) —

Filed under: Estates

How does JP Morgan CEO Jamie Dimon live? His $10.5 million home on Chicago's Gold Coast offers a hint. The eight-bedroom home was built in 1870 and measures approximately 15,000 square feet over four stories. It includes a 900-square-foot rooftop terrace.

Dimon has been the CEO and president of the company since 2005 and has been an integral part of overseeing the $25 billion in TARP funds that JPMorgan Chase received. He hasn't lived in the Gold Coast home since 2004.

He is asking $10.5 million for the home which puts it at the peak of homes currently listed for sale in Chicago. The home was listed for $13.5 million about two years ago. Back then Berg Properties reported that the home was purchased by Dimon and his wife in 2000 for $4.68 million so he could still make some money on the deal.

[via Cityfile, via Blockshopper]

Gallery: Jamie Dimon in Chicago

Source

Tags: chicago, gold coast, GoldCoast, jamie dimon, JamieDimon, jp morgan, jp morgan chase, JpMorgan, JpMorganChase

Pennoyer Home, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Recently I wrote about the reproduction garden pots designed by Pennoyer Newman. One of the founders of the company, Cecily Pennoyer and her husband Paul, are selling their home in Matinecock, New York. Paul Pennoyer is the grandson of financier J. Pierpont Morgan Jr. and their home is part of Morgan's Round Bush estate. The home is a carriage house dating back from the 1920s and it sits on 8.7 acres of land. The home is deeply rustic with heavy wood and brick floors. The home has six bedrooms and the land includes a greenhouse, stables, an orchard and a pond. The couple is relocating to New England full time. The estate has been reduced from $3.4 million to $3.2 million.

[via Newsday]

Gallery: Round Bush