Paul Manafort sells Bridgehampton “teardown” above $10M ask

Paul Manafort, former President Donald Trump’s disgraced campaign manager, has sold his deteriorating Bridgehampton estate.

Manafort sold the 5,700-square-foot home at 174 Jobs Lane and its 2.4 acres of land for just above his $10 million asking price, according to the New York Post. Manafort listed the property a few months ago.

Manafort was sentenced in March 2019 to a total of 48 months in prison on charges from special counsel Robert Mueller in Washington, D.C. and Virginia. The 72-year-old was to give up five properties as part of a plea deal, but Trump pardoned Manafort during his final weeks in office.

The federal government had sold his unit at Trump Tower and a loft in Soho by the time Trump pardoned him, but he was able to hold onto the other properties.

A federal judge ruled in February that he could keep those properties, which included the Bridgehampton property, an apartment in Manhattan’s Chinatown and a brownstone in Brooklyn. Manafort has since listed the Chinatown property.

Manhattan District Attorney Cyrus Vance wanted to prosecute Manafort on similar charges, but a New York Appeals Court ended that pursuit around the same time that Manafort won possession of his properties.

Manafort’s estate in Bridgehampton has 10 bedrooms and six bathrooms. The grounds include a tennis court, pool and pool house, putting green and a basketball court.
Susan Breitenbach with Corcoran Group had the listing. She called the property an “incredible investment opportunity” in its description.

The property — which sits a stone’s throw from Mecox Bay — is in poor condition. One source told the Post it was a “teardown at this point.”

One of Manafort’s former neighbors told The New Yorker the former lobbyist was a “bad neighbor” who built a “monster house” more than three feet higher than zoning allows.

[NYP] — Dennis Lynch