Rennert’s Hamptons chopper rides outrage neighbors: VIDEO

New York /
Jul.July 10, 2012 05:30 PM


Mining mogul and billionaire Ira Rennert is becoming an unwelcome neighbor in the Hamptons due to his use of a massive 19-person helicopter to travel to and from his 63-acre seaside estate, CNBC reported (see video above). The helicopter is apparently so powerful that it is shaking the walls of nearby homes and causing considerable noise pollution. Neighbors are reportedly organizing to block Rennert’s use of the deafening machine. Rennert’s Sagaponack home is one of the largest in the nation at 43,000 square feet and has been nicknamed “the house that ate the Hamptons” after the novel by James Brady it inspired.

Neighbors say between the home and helicopter, Rennert has “become a symbol of excess” in the wealthy enclave.

Rennert is also facing a lawsuit filed by fellow billionaire and colleague Ronald Perelman which claims that he took a $100 million loan from their company for personal use. Rennert is countersuing Perelman, accusing him of similar abuses. [CNBC]


Related Articles

arrow_forward_ios
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Beaches, ponds, views: What water access costs in the Hamptons
Beaches, ponds, views: What water access costs in the Hamptons
Beaches, ponds, views: What water access costs in the Hamptons
Alex Rodriguez and the Bridgehampton house (Corcoran, Getty)
A-Rod rents Bridgehampton home, stone’s throw from J-Lo’s
A-Rod rents Bridgehampton home, stone’s throw from J-Lo’s
40 Meadow Lane, Southampton
New Hamptons sales and listings promise ocean views… and eternal life
New Hamptons sales and listings promise ocean views… and eternal life
 Jay Bialsky and 2 West Water Street in Sag Harbor (Getty, renderings via Bespoke Real Estate)
The drama behind Jay Bialsky’s $25M listing in Sag Harbor
The drama behind Jay Bialsky’s $25M listing in Sag Harbor
75 & 81 East Lake Dr. Unit 3 (Mary Lappin Marmorowski/Elliman)
A home on Lake Montauk for just $500K? Here’s why
A home on Lake Montauk for just $500K? Here’s why
The $69 million estate (Lena Yaremenko)
East Hampton estate hits market for first time in 75 years, asks $69M
East Hampton estate hits market for first time in 75 years, asks $69M
A rendering of 12 Eileen’s Path, East Hampton (Corcoran)
Think buying in the Hamptons is tough? Try building
Think buying in the Hamptons is tough? Try building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...