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Realty Check

By Laura Euler - June 2, 2021

Get Patriotic 
Robert Kraft
, owner of the New England Patriots, is the newest resident of Billionaires’ Lane. He purchased 40 Meadow Lane, Southampton, in an off-market deal for $43 million. The property, which sports a modern 7,000 square-foot house and oceanside pool, was owned by an LLC tied to Nir Meir, formerly of HFZ Capital Group. Built in 2017, the house replaces a historic Cutting family estate known as “A Wee Lyr Mor.” Meir bought the property for $10.5 million in 2013. Kraft also owns property in the Boston area and Palm Beach. Other NFL team owners in the Hamptons include Detroit Lions owner Martha Firestone Ford, who purchased an oceanfront home on Nichols Lane in East Hampton way back in 1956. Jets owner Woody Johnson relaxes on Highway Behind the Pond, East Hampton, while Giants owner Jonathan Tisch resides at Ocean Road, Bridgehampton. 

Bergen Bids Adieu 
Candice Bergen
and her husband, Marshall Rose, have sold their beautiful home at 72 Lily Pond Lane, East Hampton. The 4,500 square-foot home went on the market in December for $18 million and closed for $17 million. The new owner is an LLC. Rose and his late wife built the house in the mid-1980s. It was designed by noted architect Jaquelin T. Robertson. After Rose and Bergen married, Robertson renovated the house to be more of a year-round home. “It’s my tribute to the history of architecture on eastern Long Island,” Robertson told Architectural Digest. The listing was with Ed Petrie at Compass. 

Twin Peaks Trades 
“Twin Peaks,” in Olde Towne Southampton, has been sold. Kean Development, which built the incredibly lavish house (two kitchens — one for the family, one for the hired chef — putting green on the roof, two-lane bowling alley, on and on) announced that the property, with a last ask of $39.5 million, is now the most expensive non-waterfront residence in Southampton sold to date. Twin Peaks is massive in every way: 20,000 square-feet, with 10 bedrooms, 14 full and 3 half baths, 2 master suites, 8 fireplaces, full spa with steam shower, sauna and gym, and elevator. The 4-acre grounds boast a tennis court, 60’ x 30’ Gunite pool, sunken firepit and a pool house with 2 full baths, lounge, and kitchen. There’s also a “cottage” to house a major domo during the winter and a dog washing room. All of this has been decorated by Tony Ingrao, who we must admit is one of our favorites. Annoyed that you missed out? Never fear: Kean Development will be offering “The Gables” on two acres in 2022.

Gwathmey for Sale 
Another scion of eastern Long Island architecture was, of course, Charles Gwathmey. He designed 43 Gilberts Path, Amagansett, in the late 1970s. The current owners purchased the place in 2014 for $4.25 million and then renovated; changing the original wooden structural columns to steel ones and swapping windows and siding to look like the originals. They also knocked down a wall to connect the kitchen and living room — something not popular in the late 70s but almost essential today. Fortunately, most of the built-in furnishings Gwathmey designed for the residence are still there: created for it: the dining table (which Gwathmey called “Rosalie” after his mother), chairs and even built-in sofas have been retained. The owners also added solar panels. The property, which includes the five-bedroom, 4,400 square-foot house, a 40-foot saltwater pool, a sauna, and an outdoor shower, is on the market for $9.3 million with Cindy Scholz and Clayton Orrigo at Compass.

Midcentury Modern Moves 
A unique and special midcentury modern house has sold. The Otto Spaeth house, at 30 Spaeth Lane (what are the odds?), East Hampton, was designed in 1956 for an art collector, who was also a vice president of the Whitney Museum. The architect was Gordon Chadwick, an associate at distinguished designer George Nelson’s office. The house is a modern interpretation of a Shingle Style house. The roofline is like the grand sweeps of the old Stanford White houses; it’s covered in shingles, but it’s also playful and modern. After Spaeth’s death in 1966, the house was purchased by June Noble Smith Larkin Gibson. Her father Edward J. Noble founded both candy company Life Savers as well as the ABC television network. Ms. Gibson died last June at the age of 98; her heirs listed the property, set on just over five acres with 333 feet of oceanfront, asking $72 million. The property closed in March for $60 million. The listing was with Peter Turino and Christopher Burnside of Brown Harris Stevens. 

The Walking Dunes 
The Dunes, the exceedingly upscale rehab facility, has purchased a property in Southampton. The organization had been renting its previous spot on Bull Path, East Hampton. The new property is at 15 Lohan Court in North Sea, close to the bay. The Dunes paid $5.995 million for the property, which closed March 21. The property boasts with 8 acres of land, indoor and outdoor pools, and a new 12,400 square-foot house with 10 bedrooms, 11 full baths and 4 half baths. (And also, um, a wine cellar.) Indoors, there’s a massive great room; outdoors, there’s plenty of seating around the pool, a pool house, and an outdoor fireplace.  The listing was with Harald Grant and Ritchey Howe of Sotheby’s International Realty.

Check, Please!
The venerable Ram’s Head Inn, on Shelter Island, has a new owner. Aandrea Carter of Sag Harbor purchased the Inn property for $7.59 million. This includes the building and 4.3 acres of land, not the business. Carter then
re-opened the Inn in time for Easter dinner. Linda and James Eklund, who had owned the restaurant for nearly 42 years, had originally asked $11.9 million for the Inn in 2017. It had been listed by Enzo Morabito of Douglas Elliman Real Estate.

Mid Ocean Marvel 
A handsome contemporary house on tony Mid Ocean Drive, Bridgehampton, has been listed by billionaire Shutterstock founder Jonathan Oringer. Asking $52 million, the house was designed by Barnes Coy Architects and constructed by Ben Krupinski Builder in 2014. Oringer paid $40 million for the property as a new build. The 10,300 square-foot home, on slightly more than two acres with 160 feet of ocean frontage, features walls of glass to make the most of the gorgeous views. The listing is represented by Erica Grossman and Michaela Keszler of Douglas Elliman Real Estate.

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