Mansion on Southampton’s Meadow Lane asks $52.5M

Barneys New York Chairman Fred Pressman and an aerial of Southampton's Meadow Lane (Getty; Google Maps)
Barneys New York Chairman Fred Pressman and an aerial of Southampton's Meadow Lane (Getty; Google Maps)

The widow of Barneys New York Chairman Fred Pressman is listing a Southampton home she built with her late husband 45 years ago, according to the Wall Street Journal.

The home spans 6,000 square feet on Meadow Lane, one of the more exclusive and expensive neighborhoods in the already exclusive and expensive Hamptons. It’s sometimes called “Billionaires Lane” and the $52.5 million price tag on the Pressman house is a good illustration of why.

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The home was designed by architecture firm Beyer Blinder Belle. While the exteriors resemble an English cottage on steroids, the interiors are contemporary. There are seven bedrooms, a large entry foyer, a tennis court and a pool.

Barneys went into bankruptcy last year. [WSJ] — Dennis Lynch