The Real Deal New York

Hamptons Cheat Sheet: Shoe mogul seeks perfect fit for Bridgehampton equestrian estate, Bethenny Frankel buys Morning Glory House … & more

By James Klatell | December 12, 2017 06:00PM

Hamptons Cheat Sheet

Clockwise from top left: A Pheasant Lane property sold for $24M, an 1865 cottage is on the market in Sag Harbor, Bethenny Frankel bought Bridgehampton’s Morning Glory House, and Campbell Stables is on the market for $40M.

Here’s the story at Morning Glory: Bethenny Frankel buys second Bridgehampton home
Reality star Bethenny Frankel has bought a former bed-and-breakfast in Bridgehampton known as the Morning Glory House. Built in 1910, the 4,239-square-foot home was originally listed for $2.95 million and later reduced to $2.49 million — but the sale price hasn’t been released. This is Frankel’s second Bridgehampton property. She bought a Lumber Lane house in 2015. [NY Post]

Shoe mogul seeks $40M fit for equestrian estate in Bridgehampton
Bob Campbell, CEO and chairman of footwear giant BBC International, is selling his 20-plus-acre Bridgehampton horse farm for $40 million. For the horses, Campbell Stables offers 27 stalls, 14 paddocks and three outdoor rings. For the humans, there’s a neighboring 1.44-acre plot with permits to build a home. With space enough for two polo fields, the grounds have hosted numerous high-profile social events, including a party for Bruce Springsteen’s daughter Jessica, as well as model Elyse Taylor’s wedding to Seth Campbell, who happens to be the owner’s son. [WWD]

Late Sandy Gallin’s East Hampton estate sold after 5 years on the market
Sandy Gallin, who was a talent manager for the likes of Dolly Parton and Cher, bought the 2-acre property at 466 Further Lane in East Hampton for $5 million in 2011 and put it back on the market for $24.5 million a year later after a renovation. Despite interest from stars like Beyonce, who toured the estate in 2013, it took five years and a series of price cuts to sell. The last list price was $18.9 million, but neither the sale price nor the buyers are known. [Curbed]

Sale of Southampton compound for $24 million leads list of big money transfers
Seven- and eight-figure sales in the East End are coming “fast and furious,” according to the Southampton Press. Of the seven big money transfers in the last two weeks, the largest was a 2-acre plot in Southampton’s Murray Compound. The Pheasant Lane property boasts 15,7000-square-feet of living space, private ocean access and a $24 million price tag. [27 East]

You can buy a 1865 Sag Harbor cottage for $1.1M
What this dimunitive Sag Harbor cottage lacks in floor space, it makes up for in history. Built in 1865 and standing on a 0.8-acre lot, the three-bedroom, two-bath structure has just 1,393 square-feet of living space. The cottage was purchased in 2001 for $399,000 and was just put on the market for $1.1 million. Parts of the home still feature 150-year-old materials, like wide-planked floors and a wood-burning stove. [Curbed]

Southampton Town Board kills proposed luxury golf resort in East Quogue
After years of debate, the Southampton Town Board denied a planned development district proposal for a luxury golf resort on 600 acres in East Quogue. The Hills — as the proposed resort was dubbed by Arizona-based Discovery Land Company — would have included 188 luxury housing units and an 18-hole golf course. The developer has already filed a backup plan that envisions a 137-unit subdivision with 13 units of affordable housing. [27 East]