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.
To contact the reporter on this story:
Noah Rayman in New York at
nrayman@bloomberg.net
To contact the editor responsible for this story:
Kara Wetzel at
kwetzel@bloomberg.net