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. 40 Meadow Lane, Southampton, NY 11968 is a single family home not currently listed. Feldmans former house, which sits on 1.54 acres, reportedly looks like a Midtown skyscraper and was worth at least $75 million, sources say. 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. 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. 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. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. Now it's the Sebonac Golf Club. 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. We estimate that 40 Meadow Ln would rent for between $21,511 and $27,027. In addition to the ample parking areas, the property includes a five-car garage and a bike storage pavilion off the motor court. 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 Six bedroom suites overlooked an Italian Renaissance garden. Track this homes value and nearby sales activity. It has been sent. Method The average household income in the Meadow Lane area is $136,625. The home was listed for $75 million. 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. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. 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. And the five-mile road has a helipad to whisk residents off to Manhattan in under 20 minutes. Don't neglect these 6 maintenance tasks - or else, Debunked! It was assessed as the most valuable property in Southampton in 1918. Contact Us. MANHATTAN 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. Ranked 327 on the Forbes 400 list. The estate was huge: 314 acres, with the main house, the main garage, gatehouse, caretakers cottage, hunting lodge stables, secondary two-car garage with pump house, gardens and tennis court. Fahys was founder and president of Joseph Fahys & Co., founder of the New York Jewelers' Board of Trade and the first president of the Watchcase Manufacturers' Association. 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. International The Real Deal reported in January 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. 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. Villa Mille Fiore was built 1910 for attorney Albert Barnes Boardman by architects Hill & Stout. 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. The former head of now-defunct Level Global hedge fund is suing the US government. Special Thanks to Brian & Karen for making the deal go smooth and seemless." read more 212.542.4582 The chefs kitchen is equipped with commercial-grade appliances, a large center island, and a light-filled breakfast room. At this mansions scale and location, of course, comparables are near impossible to find. About This Home 40 Meadow Ln is a 6,878 square foot house on a 0.73 acre lot with 7 bedrooms and 8.5 bathrooms. What is the assessed value of 40 Meadow Lane, Southampton, NY 11968 and the property tax paid? Chairman and CEO of iStar Financial, Sugarman and designer wife Kelly Behun live in this stunning house. Now a finance professor, Zurack began the equity derivatives research group at Goldman Sachs during an 18 year career there. 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 The hedgie who is CEO of Gracie Capital. Prices range from $14 million for a modern mansion under construction to a 10-acre. Casa Encantada in Bel-Air, CA,has also been quietly shopped for $225 million over the years. 305.800.9030, Client-Centric. 1 most expensive sale in the Hamptons for each of the past . The project to build the home was marred with controversy from the start. All dimensions are approximate. 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. Private Market Open in Google Maps 520 Meadow. 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. Soon after we published our article about the choice, $169 million apartment, we were contacted about an exclusive listing. Were all ears. Ranked #94 in wealth by Forbes. Whether you are looking to paddle board on the bay or swim in the ocean, here you can have it all. Feldmans suit rejects this claim. The property runs. Jessie renovated and expanded the estate, building the pool house in 1930. With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. Klein was also recently involved with another sale reported at $85 million, also in the Hamptons. To this day, the appellation still sticks. Kraft is considering suing the village on ADA grounds should he not get his elevator. Some are resistant to allowing the. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance titans like Ken Griffin, Leon Black and Henry Kravis. No warranty or representation is made as to the accuracy of the furnished information. The area is so elite that Forbes once dubbed Meadow Lane as "Billionaire Lane. Demolished in 1941. the original house was built in 1900 for Dr. Peter Wyckoff. Please fill out the form below and an agent will be in touch shortly. This is his much talked-about house, by Michael Haverland and then Stelle Lomont Rouhani, before completion. Powered by bespokeluxurymarketing.com. 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. They were so upset, a source said. If Mylestones massive asking price is too much to handle, 10 other homes are on the market along Meadow Lane. But they didnt know it was for sale.. 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. Financier Ford owns this 3.5 acre spread and a separate property used as a guesthouse across the lane. 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). In his request to the court to toss the suit, Meir claimed that HFZ had initial control over the company, but later transferred 50% ownership to him. Kyalami, which means "home" in Zulu, was built in 1902 for actor John Drew, uncle of the Barrymores. 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. The original Wooldon Manor was enormous. It's an enormous 22,000sf set on 4.7 acres of land. However, Feldman had illegally built extra bedrooms on the main floor not allowed because of flood zone dangers and that impacted the homes price. 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. bespoke-real-estate Kyalami, which had 12 bedrooms, was demolished in the 1940s. Climate risk data is provided for informational purposes only. email, from realtor.com and, Home buyers reveal: 'What I wish I had known before buying my first home', Selling your home? 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. Refi. HFZs records do not indicate Meir made any monetary contribution toward the construction or maintenance of the home, despite living there. Were working on getting current and accurate flood risk information. Andelmans was designed for Joseph Fahys by Montrose W. Morris c. 1889. Nope, not that one. Be the first to know about our $10M+ exclusive listings, private events, global projects, strategic partnerships and more. 40 Meadow Ln is a 6,878 square foot house on a 0.73 acre lot with 7 bedrooms and 8.5 bathrooms. The median sale price on Meadow Lane last year was just under $18 million, according to Property Shark. Claim your home and get an email whenever there's an Nir Meir, who oversaw a multi-billion real estate portfolio for HFZ Capital Group, a once prominent condominium developer in New York City, is the seller. Later the carriage house was owned by Evan Frankel and called Brigadoon, after he invested in the Broadway play. The stretch is sometimes nicknamed "Billionaire Lane" for its high-net-worth residents.. Bespoke Two years later, it sold for $10.5 million in 2013. The Mylestone estate at 700 Meadow Lane is up for grabs at the not-bargain-basement price of $175 million, but if that's too rich for your blood, the rambling, fixer-upper estate known as. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance. for 40 Meadow Ln, Last sold on April 09, 2021 for $42,923,600, Home details and zoning from local records. 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. Miami, Florida119 Washington Ave, Suite 500Miami Beach, FL 33139-7228T. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. His family net worth is estimated at $3.1B, yet he owns a comparatively modest home here on two acres. 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. 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. Feldman also recently unloaded his oceanfront home in Bridgehampton in an off-the-market trade also brokered by Hedgerow Exclusive Properties and Douglas Elliman Real Estate. This field is for validation purposes and should be left unchanged. 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. On a massive 7.5-acre lot, the house is a similarly huge 16,000sf. update to your home value. His 12,000sf, four acre property was the subject of Occupy protests in 2012. Assessed at $27,382,300, the tax amount paid for 40 Meadow Lane, Southampton, NY 11968 is $94,022. They looked at multiple houses and bought this one, a source told Gimme exclusively. 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. 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. 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. Meir, in effect, had been using HFZ as his own personal piggy-bank, the suit says. This mansionoffered through Bespoke Real Estateboasts a price tag of $175 million. 314 acres of monumental gardens. While $85 million is an astonishing amount of money, the price of the Mylestone estate almost makes it look puny. There, along the sands, youll find the estate known asMylestone at Meadow Lane. After Trupin went to jail, Calvin Klein bought the property, razed the now-monstrosity house, and built a minimalist glass box in its place. It cost $250,000 to build, and was sold at auction in 1938 for $16,000. The house burned down in 1912. We're happy you are enjoying our content. Could this Southampton, NY, estate be the most expensive home in the entire country? 405 Sebonac Rd, Southampton, NY 11968 Villa Maria Nope, not that one. Later Tommy Mottola of Sony Music lived in the carriage house. 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. Copyright: 2023 Redfin. We're happy you are enjoying our content. Yep, that's the house used in the Showtime series Billions. With five family members worth $6B, we're calling Tisch a billionaire. Black Point was the 60-acre estate of Col. H.H. 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 Real estate investor Carter owns this 1929 house; his better-known wife Julia Vance Carter died in 2014. BESPOKE PRIVATE CIRCLE, About Whether you are looking to paddle board on the bay or swim in the ocean, here you can have it all. He purchased this 9000sf house in 2012 for $28.5M. The 8,000-square-foot . 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. According to Forbes, ranked 5th in wealth in the United States. The brokers declined to comment. If Mylestone's massive asking price is too much to handle, 10 other homes are on the market along Meadow Lane. Their original mansion was the precursor for Winterthur and started life as a highly admired and "beautiful home". 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. Listing by Hamptons Realty Associates LLC, Based on Redfin's Southampton data, we estimate the home's value is $27,660,256. 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. 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. READ REDFIN'S, Do not sell or share my personal information. Experience unparalleled service from our best agents. Brewery heir Santo Domingo's net worth is valued at $4.9B. Based on Redfin calculations of home data from MLS and/or public records. Howard Hughes Corporation gets OK for Seaport District apa Secluded North Carolina home with its own private beach that went viral lists for sale, Ex-NBA star sold Fla. house because state won't accept his transgender child, Tommy Lee's hillside Calabasas mansion finally sells at a loss, Gayle King says she doesnt have a desire to retire: I want more work, WNBA star Brittney Griner is heading to the Met Gala, Mariah Carey celebrates Moroccan and Monroes 12th birthday: My babies, NY Post Sports Reporter Zach Braziller breaks down the Knicks game 1 loss to the Heat, Kendall Jenner rocks sheer top, fur mini skirt for date night with Bad Bunny, Dad of crying infant that triggered Texas massacre 'never thought' gunman would shoot. Everyone was kind, honest, professional and accommodating! He also owns the nearly 3.5-acre bay-front parcel across the road, which includes a tennis court and private dock. 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. 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. Enjoying the same beach as David Koch? The head of Petra REIT owns this three-acre property with a ten-bedroom home. The Meadow Lane property was once at the center of litigation between Meir and HFZs founder, Ziel Feldman, along with the development firms creditors. Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels. 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.. He flew down for a day with a young woman wearing a monster-sized diamond ring. 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. A Bespoke Luxury Company, COPYRIGHT document.write(new Date().getFullYear()) BESPOKE. The main house was torn down in the 1960s, but 8 acres of the estate are still left and are currently for sale. file size: 10 MB. Interested in buying? Do not sell or share my personal information. can sell for around list price and go pending in around. 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. The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive. If the estate goes for anywhere near the asking price, it will set a record in the area. Please subscribe to continue reading. 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. Billionaire Black, of Apollo Global Management, owns this comparatively modest house on less than two acres. 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. 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. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. The project to build the home was marred with controversy from the start. bespokerealestate Architectural renderings may be shown and photographs may be in enhanced. 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. Were working on getting current and accurate fire risk information. 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. The average price for real estate on Meadow Lane is $19,334,203. The house was designed by Walker and Gillette, built in 1914, and the grounds were designed by the Olmsted brothers. 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. 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. 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. By proceeding, you consent to receive calls and texts at the The buyer was e-commerce retailer Michael Rubin. This is a 7-bed, 9.5-bath, 6,878 sqft property. Site Map . This house was designed by architect Edward P. Mellon (yes, of the banking family) for himself c. 1919. . Thank you for your submission. Bespoke Real Estate is an Equal Housing Opportunity Broker. 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. 40 Meadow Ln, Southampton, NY 11968 Property type Single Family Year built 2017 Last sold $42.9M in 2021 Price per sqft $6,241 Share this home Edit Facts Get your home value updates Claim. 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. 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 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. However, we based our statement on homes solely listed onRealtor.com. The construction moved forward and the new home reportedly has seven bedrooms and an oceanside swimming pool added in 2016. Unless, someone out there has differing 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. The suit also makes mention of a separate agreement to sell the personal property inside the Southampton House for $1 million. Hedge funder Chase Coleman purchased this house on almost five acres for $32.5M in 2007. For exact dimensions, please consult your own architect and/or engineer. This house was designed by architect Edward P. Mellon (yes, of the banking family) for himself c. 1919. You've read 3 of your 3 free articles this month. Her work has appeared on Yahoo, New York Post, and SFGATE. NY 11946 | Emergency: 911 | Phone: 631-728-5000 | Fax: 631-728-5440. 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. 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. 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. SOUTH FLORIDA Payment $74,028 /mo * Refinance Your Home Homes for Sale Near 40 Meadow Ln NEW CONSTRUCTION 0.99 ACRES $18,450,000 7bd 11ba 10,000 sqft (on 0.99 acres) 143 Meadowmere Ln, Southampton, NY 11968 A main house with 11 bedrooms, 11 baths, 11 chimneys, and a large ballroom. Two years later, it sold for $10.5 million in 2013. 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. Bespoke Talks What is the rental estimate for this home? You haven't seen anything yet. Property Address; 1750 MEADOW LN, Southampton, NY 11968: 1770 MEADOW LN, Southampton, NY 11968 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 Owner Michael Loeb is a businessman. 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 &. 1080 & 1100 Meadow Ln Southampton, NY 11968 14 Beds 19 Baths 5,000 sqft (on 9.40 acres) Homes for Sale Near 1080 & 1100 Meadow Ln 3.7 ACRES $24,000,000 6bd 7ba 7,500 sqft (on 3.70 acres) 2040 Meadow Ln, Southampton, NY 11968 Listing by: Corcoran Group 3.4 ACRES $44,950,000 7bd 8ba 8,600 sqft (on 3.40 acres) 1730 Meadow Ln, Southampton, NY 11968 of the home so the creditor could collect on proceeds to satisfy a debt. Notable Transactions (Yep, thats right, owner of the Watchcase Factory.) The average property tax on Meadow Lane is $60,997/yr and the average house or building was built in 2000. 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. 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.
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