Lawyerly Lairs

Lawyerly Lairs: A Harvard Law Fraudster’s $3.2 Million Mansion

From a big house to the big house....

Andrew Caspersen (Park Hill Group)

Andrew Caspersen (Park Hill Group)

Last week, lawyer turned finance executive Andrew W.W. Caspersen pleaded guilty to federal charges of security and wire fraud. As you may recall from our prior coverage, Caspersen is the once high-flying Harvard Law alum who crashed to earth after being accused of orchestarting a multimillion-dollar fraud scheme. His lawyer, Paul Shechtman, blamed Caspersen’s actions on mental illness and a compulsive gambling addiction.

It remains to be seen how much leniency Judge Jed Rakoff will show Caspersen at sentencing. Under the plea agreement, federal prosecutors and Caspersen agreed on a sentencing range of 12 to 16 years in prison, although Judge Rakoff has the final say.

Even if Judge Rakoff shows some clemency to Caspersen, it seems all but certain that Caspersen will be moving from a big house to the big house. And it was a big house indeed — a residence that Andrew and Christina Caspersen bought for $3.2 million in 2015 (see page 66 of this document).

Here’s a description of the home, via Estately:

Exceptional grace and character define this 1934 Brick Georgian designed by esteemed architect Penrose Stout. Located on a picturesque lane in the heart of Bronxville village, very close to school, town and train, this impeccable 6 Bedroom home offers almost half an acre of wonderfully private flat property. Beyond the stunning formal rooms is an expansive kitchen family room with high end appliances, inviting granite island and a wall of gorgeous French doors to the oversized bluestone terrace. A large and glorious sunroom, lovely paneled den, spacious guest bedroom and bath, are all found on the first floor. Upstairs, a magnificent master suite with gas fireplace and spa bath plus 4 more bedrooms. The quality resonates with 12 over 12 windows, a brand new slate roof, new copper gutters, attractive new heated 2 car garage, central air, sprinkler system and more. A rare opportunity for in town living at its best.

The facade of the house is tasteful and elegant:

1 Library Lane 1

And it looks lovely from the backyard too:

1 Library Lane 2

Now we’ll explore the interior….

1 2 3 4 5Next »