We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. The equity and the surplus funds from the sale belong to HFZ, the suit says. (Yep, thats right, owner of the Watchcase Factory.) Southampton Village Oceanfront Modern At 40 Meadow Lane Sells For $43 BESPOKE PRIVATE CIRCLE, About There are 12 bedrooms and 12 bathrooms on six acres. Cast your eyes east to the Hamptons to find this even pricier offering. Bespoke Redfin Estimate based on recent home sales. Robert Kraft bought a $43M home on a ritzy lane in Southampton Preview: Barnet vs. Boreham Wood - prediction, team news This property is just under three acres. Claim your home and get an email whenever there's an 212.542.4582 Site Map . Be the first to know about our $10M+ exclusive listings, private events, global projects, strategic partnerships and more. Hush-hush or not, the list of $150 million-plus properties remains vanishingly short. Brewery heir Santo Domingo's net worth is valued at $4.9B. You think today's Hamptons estates are lavish? Meir applied for a demolition permit of the house in 2013. , and received it, as it was a non-designated historic home, to the disdain of many. 12 Barclay Road Scarsdale, NY 10583 - houlihanlawrence.com Were all ears. By choosing I Accept, you consent to our use of cookies and other tracking technologies. The lawsuit was subsequently dismissed with prejudice on March 22, 2021. that Meirs lawyers filed a motion that showed another company fully controlled by him, EZL 40 Meadow Lane LLC, held the majority interest as of March 2019. Take Bayberry Land, for example. file size: 10 MB. Whether you are looking to paddle board on the bay or swim in the ocean, here you can have it all. Listing by Nest Seekers International LLC, 11 Pheasant Close W, Southampton, NY 11968, 377 Head Of Pond Rd, Water Mill, NY 11976, Parking, utilities, exterior, etc. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The home at 40 Meadow Lane has been sold, but who should legally receive the profits is a question before the court. Billionaire Black, of Apollo Global Management, owns this comparatively modest house on less than two acres. Could this Southampton, NY, estate be the most expensive home in the entire country? 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. Black Point was the 60-acre estate of Col. H.H. 314 acres of monumental gardens. All information regarding property for sale or rental is from sources deemed reliable, but is subject to errors, omissions, changes in price, prior sale, lease or withdrawn from the market without notice. If you have questions or feedback about this data, get help at riskfactor.com and climatecheck.com. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Thank you for your submission. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE. 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Landmarks & Historic Districts | Southampton, NY - Official Website 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. By choosing I Accept, you consent to our use of cookies and other tracking technologies. However, sources also tell Gimme that Blavatniks wife, Emily, was devastated to learn it had sold, as she would have bought the house as a buffer or to be part of a compound for her family had she known it was on the market. 1 most expensive sale in the Hamptons for each of the past . In 2014, neighbors filed an Article 78 lawsuit to stop the project. Another option: simply park at Coopers Beach for the day, where entrance is $40 and a chair and umbrella rental will run you $25. 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 Southampton Village Toylsome Lane Homes Sells for Nearly $7 Million, The Mill Commercial Real Estate Compound Sold in Water Mill, Southampton Village ARB Landmarking Plan Has Twists and Turns, Former Hampton Designer Showhouse Sells for $7 Million, Bipartisan Legislation Takes Another Crack at Repealing SALT Cap, North Haven Road Contemporary Sells for $5.6 Million, CPF Surpasses $2 Billion Mark in February, Nearly 19 Acres of Farmland, Subdivided, Sold for $17.5 Million, Court Sides With Southampton Village ARB Over Changes to Lewis Street Tudor House. 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. Bespoke Talks 40 Meadow Ln, Southampton, NY 11968 | realtor.com All rights reserved. World class ocean and bayfront estate on one of the world's preeminent streets, Meadow Lane, located in Southampton Village's premier estate area. The average price for real estate on Meadow Lane is $19,334,203. 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. Assessed at $27,382,300, the tax amount paid for 40 Meadow Lane, Southampton, NY 11968 is $94,022. 40 Meadow Ln has residential zoning. Kravis has owned this four-acre property for at least 20 years. 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. Jessie renovated and expanded the estate, building the pool house in 1930. Take a Stroll Down Billionaires' Lane in the Hamptons - Yahoo The floor plan includes wood flooring and custom millwork, three fireplaces, grasscloth wall covering, and sunlit living spaces. Peter R. McGreevy of McGreevy & Henle, a Riverhead-based firm that filed the suit on behalf of Feldman, did not immediately return a request for comment. The Kraft deal was first reported by the Wall Street Journal. If you are interested in speaking with a Bespoke Representative, please fill out the form below and someone will be in touch shortly. The 6,000-square-foot modern home was listed with Corcoran's Tim Davis. bespoke.realestate, New York, New York600 Madison Avenue 22nd Floor New York, NY 10022T. On the second level, find a den, as well as the master suite, which includes an oceanfront terrace with a hot tub. Feldmans suit rejects this claim. A grand hall leads to formal living and dining rooms, with sets of French doors that flow out to the oceanfront patio. Miami, Florida119 Washington Ave, Suite 500Miami Beach, FL 33139-7228T. The seller was Nir Meir, a former executive at HFZ Capital. MANHATTAN Patriots owner Robert Kraft is coming to the Hamptons. Real estate developer Elghanayan purchased this six-acre property for $24M in 2007. 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. The designer's estimated net worth is about $700M. Watch: Marylands Most Expensive Property Includes Several Historic Buildings. The 8,000-square-foot . Unless, someone out there has differing information. Is This $175M Hamptons Estate the Most Expensive Listing in the U.S.? Nearby homes similar to 40 Meadow Ln have recently sold between $1M to $13M at an average of $2,545 per square foot. Other luxe features include terraces, multiple outdoor entertaining spaces, a gym, a caretakers cottage, a heated gunite pool, plus basketball and tennis courtsall features that fed into the propertys enormous price tag. However, Feldman had illegally built extra bedrooms on the main floor not allowed because of flood zone dangers and that impacted the homes price. Later the carriage house was owned by Evan Frankel and called Brigadoon, after he invested in the Broadway play. (And yes, the theater at Guild Hall is named after him.) 576 Meadow Ln, Southampton, NY 11968 | Redfin For $75 Million, a Beachfront Mansion on Southampton's Storied Meadow Lane Redfin does not endorse or guarantee this information. 809 Meadow Lane Southampton, New York, 11968 United States Price Price Upon Request Bedrooms 7 Bathrooms 6 Full 1 Partial Interior 5,000 Sq Ft. Prices range from $14 million for a modern mansion under construction to a 10-acre. The deed transfer following the April 5 closing shows EAM 40 Meadow Lane LLC as the seller. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. The house is a small Francis Fleetwood on the bayside. Real estate investor Carter owns this 1929 house; his better-known wife Julia Vance Carter died in 2014. Listen to article. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. Southampton Estate On Meadow Lane Sells For $41 Million bespokerealestate Howard Milstein is a banker and philanthropist. By Brendan J. O'ReillyA Southampton Village estate sold at the end of January for $40.91 million a price that surpasses the No. Then Barry Trupin, infamous financier, rebuilt the house into a place known as Dragons Head. But they didnt know it was for sale.. . HFZs allegations of wrongdoing were soundly rejected by the court which denied, in its entirety, HFZs request for a temporary restraining order and an order of attachment based on these same allegations and after reviewing HFZs papers and hearing oral argument on April 7, 2021, Justice Paul J. Baisley, Jr. declined that same day to sign HFZs proposed order of attachment., The suit claims Meirs conduct has deprived HFZ of tens of millions of dollars in cash and assets.. While $85 million is an astonishing amount of money, the price of the Mylestone estate almost makes it look puny. 40 Meadow Lane, Southampton, NY 11968 | Compass 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. Of Och-Ziff, he's ranked 171 on the Forbes 400. 224 ckagel-betts @southamptonvillage.org It has been sent. Ocean + Bayfront property With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. Property Address; 1750 MEADOW LN, Southampton, NY 11968: 1770 MEADOW LN, Southampton, NY 11968 Email[emailprotected]with further comments, questions or tips. Please fill out the form below to stay connected and informed about our $10M+ exclusive listings, private events, global projects, strategic partnerships and more. Bespoke Benefits program is exclusively offered to our clients. After his 1969 death, the house was purchased by Andy Warhols protge Baby Jane Holzer, who promptly defaulted on the mortgage. 576 Meadow Ln, Southampton, NY 11968 $24,123,806 Redfin Estimate 9 Beds 11.5 Baths 9,625 Sq Ft Off Market This home last sold for $41,000,000 on Oct 22, 2014. Last week, we claimed that an ultraluxe penthouse on a high-rise in Manhattan was the priciest property in the United States. 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. 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. His family net worth is estimated at $3.1B, yet he owns a comparatively modest home here on two acres. 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. For exact dimensions, please consult your own architect and/or engineer. Based on Redfin calculations of home data from MLS and/or public records. 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. New England Patriots owner in dispute over elevator, A photo illustration of Robert Kraft and 40 Meadow Lane in Southampton, Long Island (Getty). Dallas-based billionaire financier Gerald J. Ford, with an estimated fortune of $2.5 billion, bought this 3.5 acre spread with its 6,300-square-foot home in 1996 for $5.25 million. The largest house in East Hampton, with 30 rooms and 80 acres, the Dunes was built by Frank B. Wiborg, who enlisted architect Grosvenor Atterbury. Of course there was also the main garage, gatehouse, caretaker's cottage, hunting lodge, stables, secondary two-car garage with pump house, and tennis court. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. How competitive is the market for this home? The hotelier and nightclub entrepreneur has owned this 3.7 acre property since the 1980s. Mylestone is entirely one of a kind, in a market that isnt necessarily influenced by quantifiable metrics. He flew down for a day with a young woman wearing a monster-sized diamond ring. Inside, you can enjoy the wood-burning fireplace, two walk-in closets, a marble bathroom, and soaking tub. From the living room, a glassed-in sunporch and bar lead to a deck built for entertaining. Claudine Zap covers celebrity real estate, housing trends, and unique home stories. The Fulton Cutting family bought it in the 1930s and owned it for 80 years before putting it on the market for $17.5 million in 2011. TRI-STATE, BESPOKE LUXURY COMPANIES Lost Mansions of the Hamptons - Curbed Hamptons Two years later, it sold for $10.5 million in 2013. 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. No warranty or representation is made as to the accuracy of the furnished information. The house was eventually demolished. 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. Meirs looting of HFZ assets accelerated in recent years and encompassed a wide range of wrongful activities, from buying hundreds of thousands (if not millions) of dollars of investment-grade wine for himself with HFZs money to transferring a forty-five million dollar, beachfront Southampton home from HFZ ownership to entities owned and controlled by Meir and his family members, the suit claims. 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. 40 Meadow Ln, Southampton, NY 11968 | Redfin Southampton Village Heliport | Southampton Village, NY You haven't seen anything yet. Copyright: 2023 Redfin. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. , saying the new design did not fit into the historic district. The median sale price on Meadow Lane last year was just under $18 million, according to Property Shark. The Fulton Cutting family bought it in the 1930s and owned it for 80 years before putting it on the market for $17.5 million in 2011. 19) 1750 Meadow Lane, Southampton | $28.32 million This 4-acre property offers stunning views of both the ocean and Shinnecock Bay and boasts 200 feet of ocean frontage. Zillow Group Marketplace, Inc. NMLS #1303160 Home value One of HFZs lenders, Monroe Capital, which recently foreclosed on its industrial portfolio, previously 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 The Real Deal. In a class of its own, this rare double waterfront estate bridges 8 lush acres+/- between the Atlantic Ocean and Shinnecock Bay, boasting 500' feet of ocean frontage, an array of health-driven amenities, and a timeless 15,521 SF+/- residence complete with 11 bedrooms, 12 full and 4 half bathrooms, an attached caretaker's cottage and truly Six bedroom suites overlooked an Italian Renaissance garden. Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy. Robert Kraft tries to rise above Southampton officials Andelmans was designed for Joseph Fahys by Montrose W. Morris c. 1889. Christopher Milito, a partner in the Manhattan-based Morrison Cohens business litigation department, has since taken over as the attorney of record and did return a call for comment. 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.". While the Hamptons isn't short of expensive addresses, perhaps none is as elite as the five mile strip of sand on the ocean known as Meadow Lane in Southampton. 40 Meadow Ln, Southampton, NY 11968 Sold : $45,000,000Sold on 03/30/21 Zestimate : None Est. This is in addition to the added benefit of Bespoke being able to utilize the brand and reach of the world leading luxury brands to drive traffic to our portfolio. If Mylestones massive asking price is too much to handle, 10 other homes are on the market along Meadow Lane. Ziel Feldman, the chairman, in an effort to claim the money from the house sale, filed a suit against Meir and the limited liability companies involved on April 6. 1400 Meadow Lane Southampton NY 11968 - YouTube 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. Homes sell for about 4% below list price and go pending in around 67 days. 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.