The Real Deal New York

Esprit exec rents out Southampton mansion for $650K a month

July 27, 2016 03:21PM

160 Ox Pasture Road

Jurgen Friedrich and his property at 160 Ox Pasture Road

With no buyers biting on his 10-acre Southampton compound, the German business mogul Jurgen Friedrich, who founded the European operations of Esprit Holdings, opted to rent out the 18,000-square-foot manor, dubbed the Linden estate, to retired billionaire hedge fund manager Julian Robertson. The 12-bedroom, 12-bathroom mansion — which was designed by architect Grosvenor Atterbury — is fetching a cool $650,000 a month. Located at 160 Ox Pasture Road, it has been on and off the market since at least 2008, with asking prices ranging from $49 million to $59.5 million. According to news reports, Friedrich bought the home for a mere $8.5 million in 2002. [NYP]Cathaleen Chen