Bridgehampton estate sells for nearly $2.5M below last ask

March 27, 2019 01:31PM

An East End property once owned by Kenneth Lonergan, the scribe who co-wrote “Gangs of New York,” has sold for $9.58 million, according to 27east. The property, which went to contract in January, hit the market in March 2017 with an $11.95 million price tag. Lonergan, who also wrote and directed “Manchester by the Sea,” had lived in a home on the property that was later torn down. He sold the parcel in 2015 for $3.7 million. The newer home at 70 Matthews Lane was designed by Bobby Alpine and James Michael Howard, both of whom won an Institute of Classical Architecture and Art award in 2017. The 12,000-square-foot home has seven bedrooms, seven bathrooms, 30-foot-tall cathedral ceilings, a home theater, a bar and a recreation room with its own fireplace. Gary DePersia of the Corcoran Group and Martha Gundersen of Brown Harris Stevens had the listing for the property, which was sold to DePersia’s buyer, a limited liability company. [27east]