Trusts and Estates Book

Upper East Side Townhouse

CHALLENGE: The Trust attorney for a family office that owned a large Upper East Side townhouse and a 6-acre oceanfront compound in the Hamptons required extensive assistance with the valuation, appraisal and sale of the real estate properties and a thorough assessment of the market value of all of the personal property in both locations. The latter included significant artwork, sculptures, antique furniture and collectibles requiring specialized knowledge. SOLUTION: The Morrel Hirsch & Advisors team tapped into our extensive network of experts to ensure the right talent was in place. In addition to providing an astute valuation of the Manhattan townhouse and Hamptons estate, we arranged and supervised visits and evaluations conducted by Heritage Auctions, Sotheby’s, Christie’s and Bonhams. Morrel Hirsch & Advisors tapped into our extensive network of experts to ensure the right talent was in place. In addition to providing an astute valuation of the Manhattan townhouse and Hamptons estate, we arranged and supervised visits and evaluations conducted by Heritage Auctions, Sotheby’s, Christie’s, and Bonhams. RESULT: By creating an organized presentation of all items to the executor, Trust attorney and family, they could easily make decisions on what to do with the belongings after the sale. The Hamptons property sold for over $40 million, and the Manhattan townhouse sold for $8.9 million. By creating an organized presentation of all items to the executor, attorney, and family, they could easily make decisions on what to do with the belongings after the sale. The Hamptons property sold for over $40 million, and the Manhattan townhouse sold for $8.9 million. The attorney for a family office that owned a large Upper East Side townhouse and a 6-acre oceanfront compound in the Hamptons required extensive assistance with the valuation, appraisal, and sale of the real estate properties and a thorough assessment of the market value of all of the personal property in both locations. The latter included significant artwork, sculptures, antique furniture, and collectibles requiring specialized knowledge.

The Halston House | 101 East 63rd Street, New York | $18,000,000 | Sold by Morrel Hirsch & Advisors Photo: The Halston House | 101 East 63rd Street, New York | $18,000,000 | Sold by Morrel Hirsch & Advisors

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