Buyer in deal for oceanfront Wainscott home asking $37M
Banksy would be proud — or perhaps amused. Two Long Island artists hosted a “guerrilla” art installation — possibly illegally — at a vacant beachside cottage last week without the permission of its owner, Cambridge Investments CEO John Tozzi. The anonymous demonstrators wanted to rally against its planned destruction, they told 27East, though they realize their actions were “not particularly legal.” The property at 77 Dune Road is currently listed for just under $9 million by Sotheby’s International Realty. Plans for a new, 4,000-square-foot residence accompany a prospective sale of the property, according to marketing materials, and a zoning variance has already been filed. “A completely new house, with an expanded architectural footprint into an extremely ecologically sensitive area, is dangerous and unnecessary,” the artists wrote. Their installation featured textile and ceramic pieces, including a stitched tapestry that tallies the number of storms the house has survived throughout the years. “Save this house and keep its gentle footprint,” the tapestry read. [27East] — Cathaleen Chen
