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    Home»Real Estate Analysis»Sotheby’s CEO Accused of Wrecking Neighbor’s Home

    Sotheby’s CEO Accused of Wrecking Neighbor’s Home

    Team_WorldEstateUSABy Team_WorldEstateUSANovember 20, 2025No Comments3 Mins Read
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    The Higher East Aspect townhouse at 7 East 81st Road, owned by Sotheby’s chief government officer Charles Stewart and his spouse Caterina, was described by Architectural Digest as “elegantly eclectic” in November 2023. 

    Nowadays, their next-door neighbors may name it one thing else. 

    A lawsuit filed by a belief apparently representing Jill Davis, a long-time comedy author and creator, and Edward Conrad, a former Bain Capital managing accomplice, who reside at 5 East 81st Road, claims the pair has been unlawfully renovating their house for over 4 years. 

    A grievance filed on Wednesday outlines grievances with the development and accuses the Stewarts of doing work “with an utter disregard for the security of [Davis and Conrad’s] house, and in a way repugnant to all cheap requirements {of professional} conduct and communal civility.” 

    Charles declined a request for remark by a spokesperson for Sotheby’s.

    The Stewarts tore off the rear facade of their house and undertook excavation and ground-up growth that led to a development beam shattering the roof of a glass atrium at Davis and Conrad’s house, in response to the grievance. 

    Davis and Conrad’s house allegedly suffered water injury from alterations made to the shared wall between the townhouses and an improperly put in sidewalk shed within the entrance of the properties. 

    The neighbors have allegedly tried to barter an entry settlement for years, which is usually required for development being performed that can encroach on neighboring properties. However Davis and Conrad declare they entered right into a restricted settlement with a fictional entity, CAHS Building, which the grievance says was created by the Stewarts to guard themselves legally. 

    The circumstances of that settlement weren’t adopted, in response to the grievance, and subsequent makes an attempt to barter extra phrases had been used as “a entrance to purchase them time” without having to pay license or skilled charges. 

    The Stewarts presently have a partial stop-work order from the Division of Buildings and 10 open violations on their property, in response to public information. The partial stop-work order states that supported pipe scaffolding was put in “opposite to accepted plans” with “a number of make-shift parts” which have created “hazardous and unsafe” circumstances for the property at 5 East 81st Road.  

    Conard and Davis are searching for financial damages and an injunction on the work. 

    Stewart purchased the house, which had beforehand served as a rental constructing, in November 2019 for $9.9 million, one month after taking on as Sotheby’s CEO. 

    Learn extra

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