Bridgehampton estate sells for nearly $2.5M below last ask

New York /
Mar.March 27, 2019 01:31 PM

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]


Related Articles

arrow_forward_ios
A photo illustration of the Ram's Head Inn at 107 South Ram Island Drive in Shelter Island Heights (LoopNet, iStock)
On the dock-et: Shelter Island inn owner sues town
On the dock-et: Shelter Island inn owner sues town
Saunders & Associates' Andrew Saunders and Fortune International Group's Edgardo Defortuna (Saunders & Associates, Fortune International Group, iStock)
Saunders & Associates, Fortune International launch referral program
Saunders & Associates, Fortune International launch referral program
Julia Koch and 840 Meadow Lane in Southampton (Getty Images, Tim Davis/Corcoran)
Julia Koch revealed as buyer of dated $70M Southampton estate
Julia Koch revealed as buyer of dated $70M Southampton estate
Friends of Bay Street Chairman Adam Potter and rendering of new affordable housing and commercial space (LinkedIn, BHC Architects, Illustration by Kevin Cifuentes for The Real Deal)
Affordable housing project proposed for Sag Harbor
Affordable housing project proposed for Sag Harbor
Sophocles Zoullas and 275 Ox Pasture Road in Southampton (Getty Images, Harald Grant Real Estate, iStock)
‘Tenacre’ estate is only 3 acres, but lists for $25M
‘Tenacre’ estate is only 3 acres, but lists for $25M
Outside investors see big opportunities in North Fork hotels
Outside investors see big opportunities in North Fork hotels
Outside investors see big opportunities in North Fork hotels
Gurney’s Montauk on Long Island (Gurney's Resorts)
Hamptons hotel prices up 51% from 2019
Hamptons hotel prices up 51% from 2019
Nest Seekers' J.B. Andreassi and Michael Fulfree (Nest Seekers)
“Selling the Hamptons” slated for another season of deals
“Selling the Hamptons” slated for another season of deals
arrow_forward_ios

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

Loading...