The Real Deal New York

Rosenstein’s “Sahara”-like sand pile infuriates East Hampton neighbors

Hedge fund partner digging foundation at 2014's priciest home 
August 11, 2015 11:10AM

Barry Rosenstein isn’t just good at piling up money, he’s pretty good with sand too.

The billionaire hedge funder has raised a massive sand dune on his East Hampton estate, angering his neighbors in the exclusive enclave, the New York Post reported.

Rosenstein, co-manager at Jana Partners, bought the 18-acre beachfront parcel at 60 Further Lane last year for $147 million, the country’s most expensive home purchase at the time.

The sand pile was amassed in the process of excavating in order to build a new foundation.

“Barry Rosenstein’s sand mountain looms up above the trees and fills the horizon. As you face the sea, it looks like the Sahara,” a poetic neighbor told the Post.

Rosenstein Owns Another Hamptons Home Off Lily Park Lane and an apartment at 15 Central Park West. [NYP]Ariel Stulberg