Helmut Lang’s East Hampton compound could list for a massive $100M

The designer bought it for $15.5 million in 1999

TRD TRI-STATE /
May.May 01, 2019 05:30 PM
Helmut Lang and an aerial of the Hamptons (Credit: Getty Images and Google Maps)

Helmut Lang and an aerial of the Hamptons (Credit: Getty Images and Google Maps)

Fashion designer and artist Helmut Lang is prepared to offload his oceanfront Hamptons estate — and could seek a steep $100 million for it.

The East Hampton home — the address, at or around 8 Tyson Lane, is unclear — is being marketed as a whisper listing until it’s officially on the market, the New York Post reported. Lang bought the home for $15.5 million in 1999, after outbidding Jerry Seinfeld by $1 million.

The compound dates back to the 1940s, according to the report. It includes an 8,700-square-foot main house, a guest cottage and studio on five acres of land. The property is near Further Lane, where hedge funder Barry Rosenstein made a record $147 million buy in 2014.

Lang previously rented a house nearby on Further Lane, the report said, before deciding to buy. [NYP] — Meenal Vamburkar


Related Articles

arrow_forward_ios
40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Cee Scott Brown and Jack Pearson

A top Corcoran team in the Hamptons bolts for Compass

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

Harry Macklowe (Credit: Getty Images)

Macklowe’s brazen Hamptons act recalls Times Square scandal

arrow_forward_ios