The Real Deal Tristate

Fashion designer looks to sell Hamptons oceanfront parcels for $65M

Helmut Lang, who sold his eponymous fashion label to Prada, is downsizing his East End portfolio
June 06, 2019 03:30PM

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)

A little more than a month after reports emerged that Austrian-born fashion designer Helmut Lang planned to list his East Hampton oceanfront compound for $100 million, the longtime Hamptons resident has put two of his parcels on the market for $65 million, Behind the Hedges reported.

Lang, who has listed 10 Tyson Lane for $50 million and 6 Tyson Lane at $15 million, plans to hold on to his final parcel at 8 Tyson Lane until he finds someplace else to live, according to the outlet. The parcel at 8 Tyson Lane includes Lang’s 8,757-square-foot home, a cottage and a studio space for his various projects.

The approximately 5-acre compound was bought by Lang for $15.5 million in 1999, the same year that Italy’s Prada Group acquired a 49 percent stake in his eponymous fashion label (Lang split with Prada in 2005, a year after it took full control of his company). He reportedly outbid comedian Jerry Seinfeld by $1 million for the East Hampton waterfront property, and within 72 hours of closing on that sale, had earth-movers transform the formerly flat land into hillocks resembling sand dunes.

Behind the Hedges noted that the more expensive of the two parcels now for sale at 10 Tyson Lane is a 1.6-acre plot with three buildings, including a guest house and garage. The other 0.84-acre parcel at 6 Tyson Lane is vacant. Jane Gill of Saunders & Associates has the listing for both parcels. [Behind the Hedges] — Aidan Gardiner