Helmut Lang could list East Hampton compound for $100M

May 01, 2019 05:13PM

Longtime Hamptons resident and Austrian-born fashion designer and artist Helmut Lang could be poised to list his oceanfront East Hampton home for a whopping $100 million, the New York Post reported. Brokers familiar with property told the outlet that it is being shopped as an “unofficial whisper listing.” The roughly 5-acre property located at or around 8 Tyson Lane includes an 8,757-square-foot main house, a cottage and a studio. Lang, who over the years has also purchased other East End homes, bought the estate for $15.5 million in 1999 after outbidding comedian Jerry Seinfeld for the property. The New York Times noted at the time that within 72 hours of its closing, earth movers were on Lang’s land transforming the formerly flat parcel into hillocks to resemble sand dunes. Lang rose to fame and made his fortune with a minimalist style and urban clothing design, but resigned from his eponymous fashion label in 2005 following its acquisition by Italian apparel and accessories maker Prada. [TRD]