Former RKF chief appears in Southampton court, Water Mill waterfront home’s price drops below $18M & more Hamptons real estate news

TRD TRI-STATE /
Jul.July 26, 2019 02:30 PM
Clockwise from top left: Former rail tycoon James Evans' waterfront estate in East Hampton lists for $60M, Water Mill waterfront home sees price dip below $18M, a modern Sagaponack home hits the market at $9.5M and East Hampton's "White House" gets a $3M price cut.

Clockwise from top left: Former rail tycoon James Evans’ waterfront estate in East Hampton lists for $60M, Water Mill waterfront home sees price dip below $18M, a modern Sagaponack home hits the market at $9.5M and East Hampton’s “White House” gets a $3M price cut.

Southampton judge calls ex-RKF chief “danger to community”
Robert Futterman, the former head of retail brokerage RFK, was called a “danger to this community” by Southampton Town Justice Barbara Wilson during his arraignment Wednesday, the East Hampton Star reported. Futterman, fired in May from his Newmark Knight Frank-owned firm, was arrested this week for alleging driving under the influence following a traffic accident in Bridgehampton that injured a mother and her young child. The Real Deal reported that Futterman’s latest DUI — he pleaded guilty in 2012 to a felony DWI in Bridgehampton — would have little impact on the legal battle he is expected to wage against NKF over his ouster earlier this year. (NKF acquired RKF last year.) The EHS broke the news of Futterman’s arrest this week, which came after a string of previous incidents involving him on the East End, including boating while intoxicated. [EHS] — Brian Baxter

Water Mill home gets another price drops below $18M
A waterfront home in Water Mill has had another $2 million hacked off its ask, dropping its price tag to $17.995 million, Behind the Hedges reported. The home at 217 Rose Hill Road, which was built in 1925, was designed by Goodwillie & Moran architectural firm. The 7,900-square-foot home hit the market in 2014 for $27.5 million, but millions of dollars were subsequently sliced from its ask over the next few years, according to its listing on Zillow. The home has eight bedrooms, six-and-a-half bathrooms, a master suite with views of Mecox Bay, a walnut-paneled living room, a library and a butler’s kitchen. The property, which spans 5.27 acres, also has a dining porch, a dock, a heated gunite pool and a three-car garage. Bruce and Harald Grant of Sotheby’s International Realty, the latter of whom TRD recently touted as one of its top Hamptons luxury brokers, have the listing. [Behind the Hedges]

Rail tycoon’s East Hampton estate pulls in $60M ask
The daughter of the late chairman of the Union Pacific railroad empire, James Evans, has put her family’s 6.7-acre waterfront estate in East Hampton on the market for $60 million, the Wall Street Journal reported. The 5,500-square-foot home at 32 Windmill Lane has five bedrooms, six bathrooms and a large living room with cathedral ceilings. Outside is a 50-foot heated pool, 300 feet of private beach and a separate guest cottage with three bedrooms, two-and-a-half bathrooms and its own pool. Evans bought the property in 1986 and built the home, his daughter, Carol Jepperson, told the Journal. The property, which court filings show is owned by a trust in Evans’ name, had been central to his family until his death in 2015, Jepperson said. The family now rarely uses the home, prompting its decision to sell. The two-parcel property is being pitched as a potential teardown due to zoning regulations that permit the construction of a larger home. Frank Newbold, recently tapped by TRD as one of the East End’s leading luxury brokers, and his Sotheby’s colleague Valerie Smith have the listing. [TRD]

Southampton closes waterfront parcel deal with developer
Prominent Hamptons developer Jay Bialsky and officials with the Town of Southampton’s Community Preservation Fund have closed on the $10.5 million sale of a parcel on Sag Harbor’s waterfront, according to 27east. The property is at 1,3, 5 Ferry Road. Sag Harbor officials will manage the property as part of a proposed waterfront park. The park will be named after the author John Steinbeck, who lived in Sag Harbor. The parcel once held the Remkus fishing station and the John Ward professional building. Southampton officials signed Bialsky’s sale contract in May 2018. Bialsky has also been waiting for village officials to give him a permit to begin building a three-unit, 26,077-square-foot condominium project on 2 West Water Street, which is beside the parcel he sold the town. The village’s Zoning Board of Appeals and the Sag Harbor Planning Board have both approved aspects of the project. Village officials said they planned to issue the building permit soon. The Water Street property once held a motel that was converted into condos until it hosted the private home of 1-800-LAWYER founder Bruce Davis, who died last year. Bialsky demolished the structure a month ago. [27east]

East Hampton’s “White House” gets $3M price chop
The 18th-century home in East Hampton once owned by developer Fred Mengoni that hit the market in May for $12.5 million has had its ask dialed back to $9.5 million, 27east reported. The $3 million cut has already attracted potential buyers, Douglas Brown of Douglas Elliman told the outlet. Brown and his colleague Paul Brennan — one of TRD‘s top Hamptons luxury brokers — have the listing for the property. One prospective purchaser was already “flying out to see the house,” Brown said. The 7,600-square-foot home at 6 Woods Lane was built around 1725 but had fallen into disrepair by the 1980s when it caught Mengoni’s eye. He scooped up the property in 1989, gutted it, and rebuilt a home he dubbed the “White House,” where he reportedly spent fewer than 15 nights in the 30 years he owned it.(Mengoni died last year at 94.) The four-level home has seven bedrooms, six bathrooms, two half-bathrooms, a marble-covered main floor, a rosewood-paneled and an indoor Jacuzzi, as well as an outdoor pool, pool house, a three-car garage and a barn. [27east]

Renovated Sagaponack home hits market at $9.5M
A home in Sagaponack with a uniquely-shaped pool has hit the market for $9.495 million, Behind the Hedges reported. The 6,000-square-foot home, at 117 Ericas Lane, was built in 1990. It has six bedrooms, six-and-a-half bathrooms, walls of glass, balconies, an open kitchen, hardwood floors and a fireplace. The home was recently renovated by East Hampton-based Forst Construction. The 1.7-acre property comes with a heated pool, a large deck and a manicured lawn. “The home has a unique and large L-shaped pool that allows it to get sunlight the whole day,” said one of the listing agents, Nest Seekers International’s Noel Roberts, who has the listing with colleague James Giugliano. Roberts told the outlet that the property is also available for rent. Listing information shows the home can be rented for $95,000 from August through Labor Day. [Behind the Hedges]

Ex-pol lists Sag Harbor’s Lanford Wilson House at $9M
Shaun Woodward, a former British politician and member of Parliament, has put his renovated Sag Harbor home on the market at $8.995 million, Mansion Global reported. The home at 23 Suffolk Street is named for the Pulitzer Prize-winning playwright Lanford Wilson, who died at 73 in 2011. That same year, Newsday reported on the home hitting the market at $2.7 million. Woodward, who served as secretary of state for Northern Ireland from 2007 to 2010, subsequently bought the home for $2 million in 2013, according to Mansion Global. The outlet noted that Woodward and his partner, Hollywood cameraman Luke Redgrave (the grandson of former English actor Sir Michael Redgrave), embarked on extensive renovations of the 6,200-square-foot home, which sits on a 0.38-acre lot. The home, which has previously been listed for rent at $175,000 a month and is now listed for sale with Matthew Breitenbach and Beth Felsen of Compass, has five bedrooms, four bathrooms, two half-bathrooms and two parlor rooms with English jamb fireplaces. It also has a home theater, gym and library. Mansion Global noted that Woodward and Redgrave are selling the property to return to London, where they have family, but will still keep a smaller home in Sag Harbor. [Mansion Global] — Brian Baxter


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