Credit Suisse investment banker Vikram Gandhi is asking a whopping $20 million for his Upper East Side town house on 74th St in Manhattan, according to today’s Wall Street Journal.
According to the WSJ, Vikram and his socialite wife Meera Gandhi paid $4.3 million for the 18-foot wide limestone town house in 2000 and renovated it.
Source: Brown Harris Stevens
Vikram and Meera’s town house has five bedrooms, a back garden and a roof garden with views of 74th Street, The Carlyle Hotel and the treeline of Central Park.
We wonder what renovations Vikram made to the shack that it now merits an asking price of $20 million. Wow, that’s an appreciation of 365% in seven years.
While we don’t claim to know the specifics of the renovation having never been inside this $20 million Taj Mahal, what we do know is that Meera Gandhi spent two years renovating the town house and enlisted the help of Harvard architect Pedro Castillo and interior decorator Kenneth Alpert.
The town house does look grand and has some interesting history too.
You see, FDR’s widow Eleanor Roosevelt lived in the same town house for a few years before her death in 1962.
Credit Suisse’s web site lists Vikram Gandhi as a Managing Director and Global Head of the Financial Institutions Group, based in New York. Vikram has responsibility for the integration of the Bank’s financial institutions’ capabilities into the Global Financial Institutions Group. Yes, we know the previous sentence is pure corporate gobbledegook and have no idea what it means. Ask the Credit Suisse bozos who wrote that.
Vikram Gandhi, who defected to Credit Suisse First Boston in April 2005 from Morgan Stanley, has a B.Com from the University of Bombay and an MBA from Harvard.
Meera has an MBA from Boston University.
Vikram and Meera have two daughters Kiran and Kanika and a son Kabir Gandhi.
To know more about Meera, Vikram and their family, click here.
One Response to “Vikram Gandhi Wants $20m for his Taj Mahal”
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The reason is apparent. They both wanted to enhance the Symbolic Capital of their property and persona by highlighting themselves as people actively involved in social and cultural causes as was apparent by Meera’s behavior by being a goodwill ambassador of CISRI-ISP. She perhaps wanted to model after Eleanor Roosevelt but if only ambitions translated into real actions for positive change, our world have been a lot better place.
The naked lust and ambition to associate with a cause that brings immense intangible value to a person was manifested in actions of Meera Gandhi’s actions who after voluntarily resigning from the goodwill ambassadorship of CISRI-ISP after a period of indifference and apathy to a cause she had committed herself or claimed to the world to have committed herself; could not resist the charm to describe herself as a goodwill ambassador of an organization that is committed diligently to eradicate malnutrition and save lives.
Since an abode also encompasses the vibrations of the people that inhabit it even after they shift, I wish all the best to the ones who would be shifting to the said property…GOD BLESS !!!