Elie Hirschfeld buys Westhampton Beach mansion for $14M

Developer built the Pennsylvania Hotel, rented another summer home to the Clintons

TRD New York /
Dec.December 24, 2015 08:45 AM

Hirschfeld Properties chief Elie Hirschfeld — who famously rented rent his Hamptons mansion to the Clintons — just bought himself another one.

The developer picked up 175 Dune Road in Westhampton Beach, paying about $14 million.

The oceanfront home is about 6,000 square feet with seven bedrooms, sitting on two acres of land. It features a heated gunite pool, the New York Post reported.

Linda Zelin of Corcoran represented the developer.

Hirschfeld is responsible for such New York landmarks as the Hotel Pennsylvania, the Grand Sutton and the Crowne Plaza Hotel.

He plans to continue living at 211 Lily Pond Lane, where Bill and Hillary Clinton stayed in 2011 and 2012, before a dispute over a security deposit drove them to summer elsewhere. In the years since, they’ve rented a different mansion, on Broadview Road in Amagansett.

Hirschfeld had put the Lily Pond Lane mansion on the market as recently as this August.

The developer plans to use the new house as an investment property. It’s currently on the market as a rental, charging $400,000 from Memorial Day through Labor Day. Victoria Reynolds of Norma Reynolds Sotheby’s International has that listing. [NYP]Ariel Stulberg

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