His family net worth is estimated at $3.1B, yet he owns a comparatively modest home here on two acres. A spectacular ultramodern estate on 2.96 acres with a prime oceanfront Meadow Lane address in Southhampton known as The Hamptons Billionaires Lane.Find out m. . Then Barry Trupin, infamous financier, rebuilt the house into a place known as Dragons Head. It was a 24-room four-story house based on the Villa de Medici in Rome. After his 1969 death, the house was purchased by Andy Warhols protge Baby Jane Holzer, who promptly defaulted on the mortgage. On Meadow Lane (Beach Road) Between the Shinnecock Rd. Whether you are looking to paddle board on the bay or swim in the ocean, here you can have it all. Henry Francis du Pont and his wife, Ruth Wales du Pont, wanted an American house, with architectural elements largely from Chestertown, Maryland. An entity tied to a lender filed a lawsuit to have Meir ejected from the home, only for Meir to file a countersuit; both complaints were discontinued. HFZs founder Ziel Feldman was also forced to sell his $50 million Hamptons home at 187 Dune Road, by a mega-mansion built by Ukrainian-born billionaire oligarch Len Blavatnik. PLEASE LOG IN TO ACCESS MEMBER BENEFITS OR SIGN UP TO LEARN MORE. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. On March 15, 2023 Southampton Town Police Department promoted three Department members: Lt. Howard Kalb was promoted to Captain; Sgt. The average price for real estate on Meadow Lane is $19,334,203. Now a finance professor, Zurack began the equity derivatives research group at Goldman Sachs during an 18 year career there. MANHATTAN Robert Krafts Bridgehampton home is once again the site of a dispute, this time regarding the addition of an elevator for the New England Patriots owner. Och purchased this four-acre property for $26.5M in 2006. Goes National: Expanding into Florida, the Carolinas and More, East Ends CPF Revenues Break $2 Billion Mark, Threes Brewing Huntington Brings Fresh NYC Beer to, Nestor Cortes, Yankees struggle in ugly 15-2 loss, Buyer Beware: Be Careful Who You Entrust with Your Physical, Sexual &. The seller was Nir Meir, a former executive at HFZ Capital. Other highlights include a gym with glass walls and spa bathroom, a TV room with an expanded rec area and a bar, and double doors leading to the pool terrace. This property is just under three acres. The house was designed by Walker and Gillette, built in 1914, and the grounds were designed by the Olmsted brothers. He purchased the beautiful house featured in "Something's Gotta Give" in 2014 for $41M. It would take almost $2.5 million to add an elevator inside, but only $1.2 million externally. Homes similar to 40 Meadow Ln are listed between $600K to $12M at an average of $1,185 per square foot. The fight started in November 2021, shortly after Kraft purchased the home from former HFZ Capital executive Nir Meir, The Meadow Lane property was once at the center of litigation between Meir and HFZs founder, Ziel Feldman, along with the development firms creditors. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance. The 81-year-old billionaire wants to add an elevator to his home at 40 Meadow Lane in Southampton, citing mobility issues, the New York Post reported. Bespokerentalshamptons The deal is believed to have been brokered by Hedgerow Exclusive Properties, a Bridgehampton-based firm that specializes in off-market listings, as well as Douglas Elliman Real Estate. Copyright: 2023 Redfin. And there may be no more exclusive place to own an East End home than Southampton's Meadow Lane, which Forbes once dubbed "Billionaire Lane.". more. A main house with 11 bedrooms, 11 baths, 11 chimneys, and a large ballroom. The opportunity has presented itself to rent a world class ocean and bayfront estate on one of the worlds preeminent streets, Meadow Lane, located in Southampton Villages premier estate area. In mid-2014, the Hamptons home where Diane Keaton and Jack Nicholson holed up in "Something's Gotta Give" sold for $41 million to hotel mogul Jimmy Tisch of Loews Corp. Sited on 8 acres, the property is comprised of a recently renovated 18,000 SF+/- residence with 9 bedrooms, 12 full and 1 half bathrooms, separate guest and staff quarters, a game room, and gym along with a heated pool, tennis court and three car garage. Nearby homes similar to 40 Meadow Ln have recently sold between $1M to $13M at an average of $2,545 per square foot. Power broker and lifelong Hamptons resident Tim Davis boasts an accomplished 40-year real estate career listing and selling some of the finest properties on the East End. Take a look at some of the most exclusive properties and their billionaire owners, below: Megan Willett contributed reporting to an earlier version of this story. Kraft is considering suing the village on ADA grounds should he not get his elevator. Bespoke refi payment: $343,773/mo Refinance your loan Home value Owner tools Tap into your home's equity Zillow makes it simple to explore your cash-out refinance options. Her work has appeared on Yahoo, New York Post, and SFGATE. Bayberry Land was built in 1918 for Mr. and Mrs. Charles Sabin. This is a 7-bed, 9.5-bath, 6,878 sqft property. Woolworth, the founder of Woolworth's. . number you provided, including marketing by autodialer and prerecorded and artificial voice, and The average property tax on Meadow Lane is $60,997/yr and the average house or building was built in 2000. $169M Trophy Penthouse in NYC Is Now the Most Expensive Listing in the U.S. Delawares Most Expensive Home Is a $5.9M Oceanfront Paradise, Live Like a Russian Tycoon in a $21M Cavalli-Designed L.A. Penthouse. Dr. Wyckoff sold the house in 1928 to Jessie Woolworth Donahue, the daughter of F.W. There are 12 bedrooms and 12 bathrooms on six acres. In addition to the ample parking areas, the property includes a five-car garage and a bike storage pavilion off the motor court. You will find the home comes complete with every bit of allure and exclusivity that you would expect from one of the Hamptons most sought after properties. Soon after we published our article about the choice, $169 million apartment, we were contacted about an exclusive listing. Please log in or create an account to continue reading. Powered by bespokeluxurymarketing.com. Zillow Group Marketplace, Inc. NMLS #1303160 Home value In addition to reportedly embezzling $15 million in credit card reimbursements and cash, all while living rent-free in a furnished Upper West Side apartment worth $13 million that is owned by HFZ. He also owns the nearly 3.5-acre bay-front parcel across the road, which includes a tennis court and private dock. The lawsuit was subsequently dismissed with prejudice on March 22, 2021. The average household income in the Meadow Lane area is $136,625. By Brendan J. O'ReillyA Southampton Village estate sold at the end of January for $40.91 million a price that surpasses the No. 50 Nugent Street Southampton, New York 11968, United States O: +1 631.283.0600 Get directions Send message about this office 90 miles from Manhattan, Southampton is renowned for its ocean beaches, excellent sailing waters, and world-class country clubs. BESPOKE PRIVATE CIRCLE, About Prices range from $14 million for a modern mansion under constructionto a 10-acre spread with subdivision possibilities. 40 Meadow Lane, Southampton, NY 11968 was built in 2020 and has a total of 6,878 square feet. Buyers looking at this price point can rarely find a property to fit every demand in the same way, says Joseph De Sane, managing director at Bespoke Real Estate. 980 Meadow Lane is available for $32M; if that's too rich for your blood,1860 Meadow is asking $27M. The construction moved forward and the new home reportedly has seven bedrooms and an oceanside swimming pool added in 2016. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. All dimensions are approximate. At this mansions scale and location, of course, comparables are near impossible to find. HFZ funds were used, the suit says, to purchase the .76 of an acre property, build a new 6,600-square-foot modern home, furnish it, and to pay the taxes ($65,331 annually records show) and upkeep, as well as to pay for a full-time domestic staff while Meir and his family lived there for no cost. For additional information please contact: Charlene Kagel-Betts, Village Administrator, at 631-283-0247, Ext. Mortgage $161,512 /mo * Get Pre-Qualified Local Information Map Schools Shop & Eat Google -- mins to Commute Destination Description HFZ has numerous debts and creditors of its own and it owes those creditors an obligation to pursue funds that were wrongfully diverted from HFZ so that such funds can be used to repay HFZs debts, the suit states. DISCLAIMER It was a $75 million house.. With several outdoor entertaining areas, panoramic water views, and direct, private ocean access, 700 Meadow Lane in Southampton is the perfect setting for a discerning individual to enjoy summer to the fullest. A sense of value is really what someone is willing to pay, based on scarcity and pedigree, says De Sane. Billed as in a class of its own, with a price to match, the double-lot waterfront estate spans the Atlantic Ocean to the Shinnecock Bay, and has 500 feet of ocean frontage, an array of amenities, and a 15,521-square-foot residence with 11 bedrooms, 12 bathrooms, and four half-bathrooms. All rights reserved. Photo : Google. A hearing with the villages Zoning Board of Appeals in January featured Krafts attorney arguing in favor of the elevator for medical reasons, saying doctors advised him to limit his traversing stairs as much as possible. An affidavit from the Patriots team physician made a similar claim and said the elevator was needed under the Americans with Disability Act. Once a prolific condo developer in Manhattan, HFZ imploded during the pandemic, leaving a trail of liens, foreclosures and lawsuits in its wake, according to the Real Deal. 76 new articles in last day; last new at 23:40 _(Sunday 30 April 2023 22.40) Latest Preview Articles Preview: Shrewsbury vs. Bristol Rovers - prediction, team news, lineups The home at 40 Meadow Lane has been sold, but who should legally receive the profits is a question before the court. The equity and the surplus funds from the sale belong to HFZ, the suit says. Instead, Meir engaged in a scheme to steal the Southampton House from HFZ, by fabricating documents and forged signatures to transfer membership interests in the EAM LLC to himself and the newly-created EZL LLC, according to the suit. Joseph D'Arce was promoted to Lieutenant; and Police Officer Nicholas Badagliacca was promoted to Sergeant. The house is a small Francis Fleetwood on the bayside. ALL RIGHTS RESERVED. Architectural renderings may be shown and photographs may be in enhanced. Much of the house was damaged in the 1938 hurricane, and it was finally torn down by Gerald and Sara Murphy (daughter of Wiborg) when the Murphys couldnt rent or sell it. With five family members worth $6B, we're calling Tisch a billionaire. Kravis has owned this four-acre property for at least 20 years. Smithtown Partners LLC was listed as the buyer. These so-called whisper listings, at even higher prices, may only exist on the websites of select brokers. Villa Mille Fiore was built 1910 for attorney Albert Barnes Boardman by architects Hill & Stout. Assessed at $27,382,300, the tax amount paid for 40 Meadow Lane, Southampton, NY 11968 is $94,022. The Texas ranch of T. Boone Pickens became available for $220 million last year, after initially asking $250 million in 2017. Enter to a view straight back to the ocean. The servants quarters and garage was known as the Pink House when the Murphys daughter painted the stucco exterior pink, but was itself demolished in 2010. Of Och-Ziff, he's ranked 171 on the Forbes 400. (And yes, the theater at Guild Hall is named after him.) You haven't seen anything yet. Ranked #94 in wealth by Forbes. In 2014, The Southampton Press reported that neighbors filed an Article 78 lawsuit to stop the project, saying the new design did not fit into the historic district. It has been sent. Redfin does not endorse or guarantee this information. Meir applied for a demolition permit of the house in 2013, according to CurbedHamptons at the time, and received it, as it was a non-designated historic home, to the disdain of many. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. BESPOKE LUXURY MARKETING 840 Meadow Ln, Southampton, NY 11968 Tim Davis Famed "Ocean Castle" sited on 8.3 acres of Meadow Lane oceanfront with 512 feet of pristine white sand frontage bespokerealestate He then tore down the property, a cottage known as A Wee Lyr Mor following legal disputes with neighbors and built a modern, 7,000-square-foot home in its place in 2017. The hedgie who is CEO of Gracie Capital. It is unfortunate that HFZ Capital Group, and its principal Ziel Feldman, continue to spread demonstrably false and defamatory claims like this against Nir Meir, especially considering Mr. Meirs significant contributions to the company over the past fifteen years, said Larry Hutcher of Davidoff Hutcher & Citron, on behalf of Meir. The differences arent only aesthetic they vary financially as well, according to Krafts team. Some are resistant to allowing the elevator, however, and have called attention to pictures of Kraft golfing or playing tennis to critique his alleged need. Brewery heir Santo Domingo's net worth is valued at $4.9B. The 8,000-square-foot . Real estate investor Carter owns this 1929 house; his better-known wife Julia Vance Carter died in 2014. Track this homes value and nearby sales activity. Open in Google Maps 520 Meadow. The property runs. Organization, bespoke.realestate 40 Meadow Ln, Southampton, NY 11968 Sold : $45,000,000Sold on 03/30/21 Zestimate : None Est. The 15,5000 square foot mansion is set on eight acres of waterfront land It is currently owned by philanthropist Marcia Riklis who has listed the lavish home for $175 million It will be the most. The modern home, not far from Southamptons exclusive Meadow Club, was once an 1880s shingle-style summer cottage fondly known as A Wee Ly Mor. The home had been built by the Betts family, one of the original summer colony families. We found 82 addresses and 83 properties on Meadow Lane in Southampton, NY. They looked at multiple houses and bought this one, a source told Gimme exclusively. Please subscribe to continue reading. BespokeRealEstate All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Blackstone mezz loan offered up by Koreans, signaling distress, Office, industrial return to top of NYCs lending fray, Florida bill restricting foreign real estate purchases a slippery slope, brokers say, Ivana Trumps townhouse might be the Upper East Sides quirkiest listing, The 81-year-old billionaire wants to add an elevator to his home at 40 Meadow Lane in Southampton, citing mobility issues, the New York Post. Inside, you can enjoy the wood-burning fireplace, two walk-in closets, a marble bathroom, and soaking tub. If you are interested in joining the Bespoke Team, please fill out the form below and attach your resume. The Architectural Review Board gave Kraft the go-ahead in March 2022 in a tight vote, but the zoning board is now getting its say in the issue. This unique and elegant property offers every feature and amenity one could wish for including Fleetwood windows and doors, the finest selection of marble and Bulgarian limestone, large pool and spa, reflecting pool, tennis court, and private boardwalk to the beach. Meadow Lane is a five-mile-long road with a helipad it takes 20 minutes to get to and from Manhattan. But the five-mile stretch of land on Meadow Lane in Southhampton proves to be the priciest neighborhoods in the world, which boasts ocean front properties along seven miles of shoreline and which can cost up to $100 million. How competitive is the market for this home? 40 Meadow Ln Southampton, NY 11968 7 Beds 6,878 sqft (on 0.73 acres) $10,576,700 Trulia Estimate as of Feb 23, 2023 Est. Bespoke Real Estate is an Equal Housing Opportunity Broker. 268 Meadow Ln Southampton, NY 11968 Get directions You Might Also Consider Spellmans Marine 5.3 miles "After purchasing a World Cat from Spellman Marine I could not have expected a better experience! This initiative allows us to partner with brands that can add value to our marketing campaigns while providing a value added benefit to our clients. Luxury homes for sale in Southampton, New York | JamesEdition Luxury Homes for Sale in Southampton, New York, United States 278 listings Sort: trending $67,000,000 10 Beds 13 Baths 17976 sqft House in Southampton, New York, United States Contact Timothy Davis video $29,995,000 9 Beds 14 Baths 10990 sqft House in Southampton, New York, United States The median sale price on Meadow Lane last year was just under $18 million, according to Property Shark. The off-market trade for 40 Meadow Lane on the exclusive street coined Billionaires Row closed on April 5 for the exact amount of $42,923,600. Meir, in effect, had been using HFZ as his own personal piggy-bank, the suit says. Homes sell for about 4% below list price and go pending in around 67 days. After his death, the mansion was pulled down, the estate subdivided, and the outbuildings turned into residences. (What's there now, still called Wooldon Manor, was the original pool house.) Over the course of a decade during which Meir styled himself as the managing principal (although he was never an owner or member of HFZ) he used his position to divert millions of dollars of HFZs cash and assets for his own personal use, the suit alleges. Amenities Close to Park, Eat in Kitchen, Formal Dining Room, Foyer, Hardwood Floors As Seen, Master Bath, Near Public Transit, Near Public Transportation, Patio, Porch, Sprinkler Lawn Sys Listing presented by 888.454.7356 atyourservice@houlihanlawrence.com Request More Info Save Kyalami, which had 12 bedrooms, was demolished in the 1940s. Another option: simply park at Coopers Beach for the day, where entrance is $40 and a chair and umbrella rental will run you $25. bespoke.realestate, New York, New York600 Madison Avenue 22nd Floor New York, NY 10022T. The main house was torn down in the 1960s, but 8 acres of the estate are still left and are currently for sale. Black Point was the 60-acre estate of Col. H.H. The chefs kitchen is equipped with commercial-grade appliances, a large center island, and a light-filled breakfast room. This program incorporates our clients personal passions, and creates venues for collaboration and cross promotion of our portfolio of properties amongst our internal and external networks. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Thats why it sold for cheap, a source said. An oceanfront modern at 40 Meadow Lane in Southampton Village recently sold for $42.92 million in an off-market transaction, and the New York Post reports that the new owner is. The mansion is set among manicured lawns, flower gardens, and a private deep-water dock off Shinnecock Bay. Enjoying the same beach as David Koch? Two years later, it sold for $10.5 million in 2013. His 9000sf house is set on two acres. Chairman and CEO of iStar Financial, Sugarman and designer wife Kelly Behun live in this stunning house. We've received your submission. The street is awash with billionaire Wall Streeters as well as celebrities such as Calvin Klein and Ian Schrager; and with Meadow Lane boasting its own helipad, financiers can get to their weekend place in as little as 40 minutes from Wall Street. Feldmans suit, which also names EAM and EZL as parties to the suit, acknowledged that the house was being sold, and while the April 6 filing just a day after the house had closed did not know the exact purchase price, the suit said the house is expected to fetch more than $10 million over its mortgage debt.. The stretch is sometimes nicknamed "Billionaire Lane" for its high-net-worth residents.. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. It cost $250,000 to build, and was sold at auction in 1938 for $16,000. Contact Us. Cast your eyes east to the Hamptons to find this even pricier offering. The modern home, not far from Southamptons exclusive Meadow Club, was once an 1880s shingle-style summer cottage fondly known as A Wee Ly Mor. The home had been built by the Betts family, one of the original summer colony families. 212.542.4582 Jessie renovated and expanded the estate, building the pool house in 1930. The transaction will likely land within the top five largest on the East End so far this year, and the third highest in Southampton, based on what has been sold or gone into contract so far in 2021. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE. A recent lawsuit claims he was siphoning off millions from the company and even transferred ownership of the home from HFZ, which he left in December, amidst several lawsuits, The Real Deal reported at the time. Howard Milstein is a banker and philanthropist. , one of the priciest sales in the Hamptons in 2020. purported to hold the title to 40 Meadow Lane and filed a lawsuit in late December, accusing Meir of illegally occupying the property, according to. Chestertown House 650 Meadow Lane, Southampton, Suffolk County, New York Completed in 1926, for Henry Francis du Pont (1880-1969) and his wife, Ruth Wales (1889-1967). World class ocean and bayfront estate on one of the world's preeminent streets, Meadow Lane, located in Southampton Village's premier estate area. 40 Meadow Ln was built in 2020 and last sold for $42,923,600. Interested in buying? Make -$6.87M selling this home with Redfin, Walkability, biking, nearby amenities near 40 Meadow Ln, Single-Family Home Real estate trends near 40 Meadow Ln. Claim your home and get an email whenever there's an Private Market 2023 NYP Holdings, Inc. All Rights Reserved, Inside a multi-colored Miami Beach mansion listed for $8.5M, NYC duplex famed for its grand wine collection asks $12M, First couple of film Barry Jenkins and Lulu Wang buy $2.35M NYC home, Mindy Kaling sells NYC home for a loss after debuting new trim figure. The head of Petra REIT owns this three-acre property with a ten-bedroom home. SOUTH FLORIDA We're happy you are enjoying our content. 840 Meadow Ln, Southampton, NY 11968 Visit Website Via Zillow Andrew Stone The head of Petra REIT owns this three-acre property with a ten-bedroom home. Later Tommy Mottola of Sony Music lived in the carriage house. for 40 Meadow Ln, Last sold on April 09, 2021 for $42,923,600, Home details and zoning from local records. Priceless. Tailored for $10M+ The last owner of the whole estate was Edmund Lynch of Merrill Lynch. Method No warranty or representation is made as to the accuracy of the furnished information. Please fill out the form below and an agent will be in touch shortly. Wooldon Manor was once called the most opulent home in the Hamptons. For more information about 346 Meadow Lane or other available Hamptons properties, visit www.TimDavisHamptons.com, call (631) 702-9211 or email tgdavis@corcoran.com. Hedge funder Chase Coleman purchased this house on almost five acres for $32.5M in 2007.
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