Hedge funder who broke U.S. sales record lists old Hamptons mansion for $70M

Listing comes three years after Barry Rosenstein purchased a $137M home in East Hampton

New York /
Nov.November 16, 2017 04:30 PM

Barry Rosenstein’s East Hampton house (Credit: Google Maps)

Barry Rosenstein, who set a U.S. price record in 2014 when he paid $137 million for a Hamptons compound, is not wasting his time with piddling $70 million beach houses any longer.

The hedge funder listed a seven-bedroom, 9.5 bath abode on Lily Pond Land in East Hampton for $70 million, according to the Wall Street Journal. The property spans 13,623 square feet, and the grounds also include a two-bedroom guest cottage.

Rosenstein bought the site in 2005 for $19.2 million, when it contained a cottage from the 1920s. He replaced it with his beach house designed by CookFox Architects’ Rick Cook.

Rosenstein, who founded JANA Partners in 2001, set the record for America’s most expensive home sale back in 2014 when he bought a property on Further Lane for $137 million. He is building a new mansion on the site designed by — who else? — Cook.

Douglas Elliman’s Tal and Oren Alexander have the listing.

In August, The Real Deal reported that portfolio manager Brenda Earl listed a 42-acre property for $175 million, a New York State record. The priciest home in the U.S. is the “Beverly Hillbillies” mansion that was listed for $350 million earlier this year. [WSJ] – Eddie Small


Related Articles

arrow_forward_ios
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Council member Ben Kallos and Airbnb CEO Brian Chesky (Getty, iStock)
City Council bill would tighten screws on Airbnb
City Council bill would tighten screws on Airbnb
Blackstone CEO Stephen Schwarzman (Getty, iStock)
Blackstone buys San Diego apartment complexes in $1B deal
Blackstone buys San Diego apartment complexes in $1B deal
City Council Majority Leader Laurie Cumbo and 840 Atlantic Avenue (Getty, Google Maps)
Atlantic Avenue project gets haircut — and is rejected anyway
Atlantic Avenue project gets haircut — and is rejected anyway
Opendoor CEO Eric Wu (iStock)
Opendoor revenue bounces back in Q1
Opendoor revenue bounces back in Q1
Joan Rivers and 1 East 62nd Street (Getty, Sotheby's)
Joan Rivers’ longtime UES penthouse hits the market for $38M
Joan Rivers’ longtime UES penthouse hits the market for $38M
Clockwise from top left: Scott Stringer, Maya Wiley, Raymond McGuire, Andrew Yang and Shaun Donovan (Getty)
What do Brooklyn homes cost? Don’t ask these candidates
What do Brooklyn homes cost? Don’t ask these candidates
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
arrow_forward_ios

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

Loading...