More From Chat GPT

 I’ve asked Chat GPT about Commissioner Bisignano’s real estate holdings. Unfortunately, there are layout problems I don’t know how to correct. It still seems worth posting despite the way it looks.

How many homes does Frank Bisignano, Commissioner of Social Security, own and where are they located?

According to Frank J. Bisignano’s public federal financial-disclosure filing, he reported 11 residential properties. The filing does not necessarily mean all are personally titled in his name; several are held through LLCs or trusts in which he reports an ownership interest. 

Location	Number	Description in disclosure
Mantoloking, New Jersey	1	Residential rental property
Montclair, New Jersey	1	Residential rental property
Westfield, New Jersey	1	Residential rental property
Watchung, New Jersey	1	Residential rental real estate
New York City, New York	4	Units identified as 19-B, PH1F-G, 25F and 6-H
Emerald Isle, North Carolina	1	Residential rental property
Atlantic Beach, North Carolina	1	Residential rental property
Bachelor Gulch, Colorado	1	Residential rental/vacation property
Total	11

The filing also reports vacant land in Watchung, New Jersey, which I have not counted as a home. It separately reports a commercial rental property in Watchung, also not counted. 

A few important qualifications:

• The Bachelor Gulch, Colorado property was acquired in 2024 and was described as a rental/vacation property that had not yet been rented when the disclosure was filed. 
• The Watchung residential property and the four New York properties are reported under MAH Realty Management LLC, with the filing indicating that a trust owns a one-third interest in the assets listed under that entity. 
• The disclosure lists values rather than street addresses. I would not infer or provide private residential street addresses from other property records.
• SSA confirms that Bisignano is currently the agency’s 18th Senate-confirmed Commissioner and that he resides in New Jersey. 
• Break down the value of those properties.

Break down the values of those properties.

Yes. I reviewed the underlying OGE Form 278e financial disclosure rather than relying on the summary. The disclosure gives value ranges, not exact appraised values. 

Bisignano’s reported residential real estate

Property	Reported value
Mantoloking, NJ	$1,000,001 - $5,000,000
Montclair, NJ	$500,00 - $1,000,000
Westfield, NJ	$1,000,000 - $5,000,000
Watchung, NJ	$5,000,001 - $25,000,000
New York City 19-B	$1,000,001 - $5,000,000
New York City PH1F-G	$5,000,001 - $25,000,000
New York City 25F	$1,000,001 - $5,000,000
New York City 6-H	$500,001 - $1,000,000
Emerald Isle, NC	$1,000,001 - $5,000,000
Atlantic Beach, NC	$1,000,001 - $5,000,000
Bachelor Gulch, CO	$5,000,001 - $25,000,000

The individual figures are directly from the disclosure. 

Total reported value

Adding the ranges gives a combined reported property value of approximately $18 million to $87 million.

There is an important wrinkle, however: the disclosure says that 2020 Trust 1 owns a one-third interest in the Watchung and four New York properties.  Thus, the $5–25 million Watchung figure and the four NYC figures represent the reported value of the underlying real estate, not necessarily the value of Bisignano’s personal beneficial interest.

The Bachelor Gulch property is particularly notable: it was purchased in 2024 for purposes of being a rental/vacation property and had not yet been rented as of the date of the filing. It was reported at $5,000,001–$25,000,000. 

Also, I would correct one point from my previous answer: the Watchung property is described in the filing as residential rental real estate, while a separate Watchung property is commercial real estate. The commercial property is worth $5,000,001–$25,000,000 but is not included in the 11 residential properties above. 

If you want, I can next calculate Bisignano’s estimated personal equity in each property, taking into account the disclosed mortgages and the one-third trust interests, which gives a much more meaningful picture of what the properties are actually worth to him.