Zuckerman totals parked car in the Hamptons, leaves a note

Single mom battling Boston Properties' chairman for compensation

New York /
Sep.September 10, 2013 08:28 AM

Boston Properties’ Mort Zuckerman has steered the real estate investment trust from strength to strength — the same, though, can’t be said about his driving. The mogul rammed his Lexus right into a single mother’s parked 2009 Ford Fusion last month in the Hamptons, and she’s still battling with his insurance company to pay up.

“It’s the principal of the thing,” Charlene Peele told the New York Post of the accident on East Hampton Village’s Main Street . “He hit me, but I’m the one running around like a crazy person, trying to sort out a mess I wasn’t even involved in. I’m the one left without a car.”

Zuckerman, who yesterday announced Boston Properties’ sale of its $684 million stake in Times Square Tower, did not respond to the Post’s requests for comment. The accident happened when he “looked away from the roadway,” veered right and careened right into Peele’s car, according to a police report seen by the newspaper. His insurance company has notified Peele that she would receive the book value of her car — a little more than $13,000, an amount that she maintains won’t even cover what she still owes on her auto loan.

Zuckerman didn’t receive a citation, the report shows, though leaving the scene of a traffic accident is a misdemeanor punishable by up to 15 days in jail. The billionaire told cops that he left a note before heading to his mansion on Main Beach. [NYP]  – Hiten Samtani


Related Articles

arrow_forward_ios
700 Meadow Lane
Serious buyers only: The 10 priciest new Hamptons listings
Serious buyers only: The 10 priciest new Hamptons listings
Boston Properties CEO Owen Thomas (iStock, Thomas by Axel Dupeux)
Boston Properties to launch $2B joint venture
Boston Properties to launch $2B joint venture
An aerial of 341-347 Madison Avenue and Boston Properties CEO Owen D. Thomas (Google Maps, Real Estate Roundtable)
Boston Properties moves forward with teardown of ex-MTA HQ
Boston Properties moves forward with teardown of ex-MTA HQ
Solow Building Company chairman Stefan Soloviev, CEO Michael J. Hershman and vice chairman Hayden Soloviev (Solow Residential, Fairfax, LinkedIn)
Stefan Soloviev, Sheldon Solow’s son, reorganizes family firm
Stefan Soloviev, Sheldon Solow’s son, reorganizes family firm
Under Armour CEO Patrik Frisk and the GM Building (Getty, Google Maps, Cushman & Wakefield)
Under Armour to sublease planned Fifth Avenue flagship
Under Armour to sublease planned Fifth Avenue flagship
Yorgos Tsibiridis
Hamptons agent Yorgos Tsibiridis jumps to Compass
Hamptons agent Yorgos Tsibiridis jumps to Compass
 Boston Properties president Doug Linde with Dock 72. (Beth Israel Lahey, Dock 72)
Boston Properties gives dim outlook on co-working
Boston Properties gives dim outlook on co-working
Clockwise from top left: Boston Properties' Owen Thomas; Empire Real Estate Trust's Tony Malkin; Equity Commonwealth's David Helfand; Columbia Property Trust's Nelson Mills; SL Green's Marc Holliday; Vornado Realty Trust's Steve Roth; and Brookfield's Brian Kingston (Getty)
Office unease: Tenants are paying up but staying away
Office unease: Tenants are paying up but staying away
arrow_forward_ios

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

Loading...