Lehman Brothers founder's elegant mansion sold for $50m

PHOTO: Lehman Brothers founder's elegant mansion sold for $50m

A beautiful and elegant art collector home in New York was recently sold for a whopping $50 million and it belonged to none other than one of America's most famous investment bankers Philip Lehman.

Lehman Brothers founder's elegant mansion sold for $50m

  • A beautiful and elegant art collector home in New York was recently sold for a whopping $50 million and it belonged to none other than one of America's most famous investment bankers Philip Lehman.
  • Lehman was the son of Emanuel Lehman, the co-founder of Lehman Brothers, which was one of the largest investment banks in the US until it was declared bankrupt in 2008.
  • According to reports, the home was built in 1899 by John Duncan, a famous historical American architect.
  • The realtor in charge of the sale described the Lehmans as avid art lovers who adorned their home with famous and rare art pieces.
  • Robert, son of Philip, also called the extravagant mansion home.
  • The 5-storey Beaux-Arts mansion is beautiful not only on the inside, it also features intricate carvings on its exterior.
  • The house was restored in recent years to suit modern day living with the help of the Metropolitan Museum of Art in New York, and was most recently used as a prestigious office space.
  • Lehman Brothers founder's elegant mansion sold for $50m-7
  • Lehman Brothers founder's elegant mansion sold for $50m-8
  • Lehman Brothers founder's elegant mansion sold for $50m-9

Lehman was the son of Emanuel Lehman, the co-founder of Lehman Brothers, which was one of the largest investment banks in the US until it was declared bankrupt in 2008.

According to reports in The Real Deal, the home was built in 1899 by John Duncan, a famous historical American architect. Robert, son of Philip, also called the extravagant mansion home.

The realtor in charge of the sale described the Lehmans as avid art lovers who adorned their home with famous and rare art pieces.

The 5-storey Beaux-Arts mansion is beautiful not only on the inside, it also features intricate carvings on its exterior.

The house was restored in recent years to suit modern day living with the help of the Metropolitan Museum of Art in New York, and was most recently used as a prestigious office space.