You've read 4 of your 7 free articles this month. Meir bought the Meadow Lane property for $10.5 million in 2013, via an LLC registered with HFZs New York office. An entity tied to a lender filed a lawsuit to have Meir ejected from the home, only for Meir to file a countersuit; both, Another lawsuit from one of HFZs lenders. Her work has appeared on Yahoo, New York Post, and SFGATE. HFZs records do not indicate Meir made any monetary contribution toward the construction or maintenance of the home, despite living there. Hush-hush or not, the list of $150 million-plus properties remains vanishingly short. Its surely near the summit. In 2014, neighbors filed an Article 78 lawsuit to stop the project. 1080 & 1100 Meadow Ln, Southampton, NY 11968 | Trulia 2023 NYP Holdings, Inc. All Rights Reserved, Inside a multi-colored Miami Beach mansion listed for $8.5M, NYC duplex famed for its grand wine collection asks $12M, First couple of film Barry Jenkins and Lulu Wang buy $2.35M NYC home, Mindy Kaling sells NYC home for a loss after debuting new trim figure. Listen to article. Mylestone truly is the complete package. Woolworth, the founder of Woolworth's. And there may be no more exclusive place to own an East End home than Southampton's Meadow Lane, which Forbes once dubbed "Billionaire Lane.". Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. For additional information please contact: Charlene Kagel-Betts, Village Administrator, at 631-283-0247, Ext. Thank you for your submission. All information regarding property for sale or rental is from sources deemed reliable, but is subject to errors, omissions, changes in price, prior sale, lease or withdrawn from the market without notice. Assessed at $27,382,300, the tax amount paid for 40 Meadow Lane, Southampton, NY 11968 is $94,022. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance titans like Ken Griffin, Leon Black and Henry Kravis. 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & Realtor, Real estate agents reveal the toughest home buyers they've ever met, Do Not Sell or Share My Personal Information. Prices range from $14 million for a modern mansion under constructionto a 10-acre spread with subdivision possibilities. HFZs allegations of wrongdoing were soundly rejected by the court which denied, in its entirety, HFZs request for a temporary restraining order and an order of attachment based on these same allegations and after reviewing HFZs papers and hearing oral argument on April 7, 2021, Justice Paul J. Baisley, Jr. declined that same day to sign HFZs proposed order of attachment., The suit claims Meirs conduct has deprived HFZ of tens of millions of dollars in cash and assets.. Buyers looking at this price point can rarely find a property to fit every demand in the same way, says Joseph De Sane, managing director at Bespoke Real Estate. Much of the house was damaged in the 1938 hurricane, and it was finally torn down by Gerald and Sara Murphy (daughter of Wiborg) when the Murphys couldnt rent or sell it. Some are resistant to allowing the. 40 Meadow Lane, Southampton, NY 11968 was built in 2020 and has a total of 6,878 square feet. Site Map . Robert Krafts Bridgehampton home is once again the site of a dispute, this time regarding the addition of an elevator for the New England Patriots owner. Breathtaking Hamptons home hits the market for a whopping $175 million Some are resistant to allowing the elevator, however, and have called attention to pictures of Kraft golfing or playing tennis to critique his alleged need. According to Forbes, ranked 108th in wealth in the United States. However, we based our statement on homes solely listed onRealtor.com. Private Market Redfin does not endorse or guarantee this information. PLEASE LOG IN TO ACCESS MEMBER BENEFITS OR SIGN UP TO LEARN MORE. 314 acres of monumental gardens. The fight started in November 2021, shortly after Kraft purchased the home from former HFZ Capital executive Nir Meir, The Meadow Lane property was once at the center of litigation between Meir and HFZs founder, Ziel Feldman, along with the development firms creditors. Howard Milstein is a banker and philanthropist. Copyright: 2023 Redfin. Listing by Nest Seekers International LLC, 11 Pheasant Close W, Southampton, NY 11968, 377 Head Of Pond Rd, Water Mill, NY 11976, Parking, utilities, exterior, etc. For exact dimensions, please consult your own architect and/or engineer. The hedgie who is CEO of Gracie Capital. To learn more or opt-out, read our Cookie Policy. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. 76 new articles in last day; last new at 23:40 _(Sunday 30 April 2023 22.40) Latest Preview Articles Preview: Shrewsbury vs. Bristol Rovers - prediction, team news, lineups You've read 3 of your 3 free articles this month. Klein was also recently involved with another sale reported at $85 million, also in the Hamptons. This unique and elegant property offers every feature and amenity one could wish for including Fleetwood windows and doors, the finest selection of marble and Bulgarian limestone, large pool and spa, reflecting pool, tennis court, and private boardwalk to the beach. 268 Meadow Ln Southampton, NY 11968 Get directions You Might Also Consider Spellmans Marine 5.3 miles "After purchasing a World Cat from Spellman Marine I could not have expected a better experience! Brewery heir Santo Domingo's net worth is valued at $4.9B. more. The Hamptons' billionaire lane, mapped - Curbed Hamptons Luxury homes for sale in Southampton, New York | JamesEdition We found 82 addresses and 83 properties on Meadow Lane in Southampton, NY. Payment $74,028 /mo * Refinance Your Home Homes for Sale Near 40 Meadow Ln NEW CONSTRUCTION 0.99 ACRES $18,450,000 7bd 11ba 10,000 sqft (on 0.99 acres) 143 Meadowmere Ln, Southampton, NY 11968 Police | Southampton, NY - Official Website On Meadow Lane (Beach Road) Between the Shinnecock Rd. file size: 10 MB. He purchased the beautiful house featured in "Something's Gotta Give" in 2014 for $41M. A grand hall leads to formal living and dining rooms, with sets of French doors that flow out to the oceanfront patio. Kraft is considering suing the village on ADA grounds should he not get his elevator. 2040 Meadow Ln Southampton, NY 11968 6 Beds 7 Baths 7,500 sqft (on 3.70 acres) $24,000,000 $22,500,000 Est. It would take almost $2.5 million to add an elevator inside, but only $1.2 million externally. Relatively Low - Water stress expected to be 0% in 2050. The deal is believed to have been brokered by Hedgerow Exclusive Properties, a Bridgehampton-based firm that specializes in off-market listings, as well as Douglas Elliman Real Estate. Preview: Barnet vs. Boreham Wood - prediction, team news document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. You will find the home comes complete with every bit of allure and exclusivity that you would expect from one of the Hamptons most sought after properties. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Market Reports Ocean + Bayfront property With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. Hamptons, New York903 montauk highway water mill, ny 11976T. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. 840 Meadow Ln, Southampton, NY 11968 Tim Davis Famed "Ocean Castle" sited on 8.3 acres of Meadow Lane oceanfront with 512 feet of pristine white sand frontage 40 Meadow Ln has residential zoning. Exterior 3.6 Acre (s) Save Share Print Harald Grant Bruce Grant Send message Property details Property type Single Family Homes Status Available Year Built 1998 property taxes $69,910/Year Set behind two gated entries, the 8-acre spread is said to be owned by the former advertising executive Marcia Riklis, according to the Real Deal. Enter to a view straight back to the ocean. On a massive 7.5-acre lot, the house is a similarly huge 16,000sf. (2 minutes) A more than 8-acre estate on Southampton's Meadow Lane, a tony enclave that has recently drawn the likes of New England Patriots owner Robert Kraft and hedge . Ziel Feldman, the chairman, in an effort to claim the money from the house sale, filed a suit against Meir and the limited liability companies involved on April 6. The 6,000-square-foot modern home was listed with Corcoran's Tim Davis. By Brendan J. O'ReillyA Southampton Village estate sold at the end of January for $40.91 million a price that surpasses the No. 40 Meadow Ln is a 6,878 square foot house on a 0.73 acre lot with 7 bedrooms and 8.5 bathrooms. Dr. Wyckoff sold the house in 1928 to Jessie Woolworth Donahue, the daughter of F.W. Bayberry Land was built in 1918 for Mr. and Mrs. Charles Sabin. One of HFZs lenders, Monroe Capital, which recently foreclosed on its industrial portfolio, previously purported to hold the title to 40 Meadow Lane and filed a lawsuit in late December accusing Meir of illegally occupying the property, according to The Real Deal. Their original mansion was the precursor for Winterthur and started life as a highly admired and "beautiful home". Behind the Hedges 2023 Dans Hamptons LLC, In-Depth Insights and Exclusive Content Delivered Direct to You, Newly Finished Home Close to East Hampton Village Lists at $5.995M, Oceanfront Montauk Condo Without Condo Hassles for Under $5M, Serena & Lily Finds Second Long Island Design Home, Turn a Backyard Into Your Own Relaxing Respite, Crystal Photiou of CP Interiors: Elevating Clients Style, Chic Dream Home in East Hampton Asks $3.3 Million, Water Mill Shopping Center Sells for $13.1 Million, Historic Southold Home That Belonged to Former Slaves Quickly Finds Buyer, SERHANT. 40 Meadow Ln, Southampton, NY 11968 Sold : $45,000,000Sold on 03/30/21 Zestimate : None Est. Rogers, heir to a banking and Standard Oil fortune, and he was the father of midcentury fashion icon Millicent Rogers. Now it's the Sebonac Golf Club. Hedge funder Chase Coleman purchased this house on almost five acres for $32.5M in 2007. Robert Kraft tries to rise above Southampton officials They looked at multiple houses and bought this one, a source told Gimme exclusively. Lost Mansions of the Hamptons - Curbed Hamptons Accepted file types: pdf, Max. Hamptons mansion on 'Billionaire Lane' sells for $35M - New York Post Based on Redfin's market data, we calculate that market competition in 11968, this home's neighborhood, is somewhat competitive. A principal of RFR Holding LLC with a vast real estate portfolio. The average property tax on Meadow Lane is $60,997/yr and the average house or building was built in 2000. No warranty or representation is made as to the accuracy of the furnished information. 40 Meadow Ln was built in 2020 and last sold for $42,923,600. The property runs. Southampton Home Sells for Nearly $43 Million - Behind The Hedges Some are resistant to allowing the elevator, however, and have called attention to pictures of Kraft golfing or playing tennis to critique his alleged need. Email[emailprotected]with further comments, questions or tips. 576 Meadow Ln, Southampton, NY 11968 | Redfin In 2014, The Southampton Press reported that neighbors filed an Article 78 lawsuit to stop the project, saying the new design did not fit into the historic district. Redfin Estimate based on recent home sales. Sited on 8 acres, the property is comprised of a recently renovated 18,000 SF+/- residence with 9 bedrooms, 12 full and 1 half bathrooms, separate guest and staff quarters, a game room, and gym along with a heated pool, tennis court and three car garage. Christopher Milito, a partner in the Manhattan-based Morrison Cohens business litigation department, has since taken over as the attorney of record and did return a call for comment. The 81-year-old billionaire wants to add an elevator to his home at 40 Meadow Lane in Southampton, citing mobility issues, the New York Post reported. Ranked 327 on the Forbes 400 list. Meadow Ln, South Hampton NY - Rehold Address Directory Wooldon Manor was once called the most opulent home in the Hamptons. Permitted land uses for this property include single-family. The off-market trade for 40 Meadow Lane on the exclusive street coined Billionaires' Row closed on April 5 for the exact amount of $42,923,600. BESPOKE LUXURY MAGAZINE Experience unparalleled service from our best agents. Thats why it sold for cheap, a source said. Watch: Marylands Most Expensive Property Includes Several Historic Buildings. We estimate that 40 Meadow Ln would rent for between $21,511 and $27,027. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Whether you are looking to paddle board on the bay or swim in the ocean, here you can have it all. The hotelier and nightclub entrepreneur has owned this 3.7 acre property since the 1980s. Goes National: Expanding into Florida, the Carolinas and More, East Ends CPF Revenues Break $2 Billion Mark, Threes Brewing Huntington Brings Fresh NYC Beer to, Nestor Cortes, Yankees struggle in ugly 15-2 loss, Buyer Beware: Be Careful Who You Entrust with Your Physical, Sexual &. The 81-year-old billionaire wants to add an elevator to his home at 40 Meadow Lane in Southampton, citing mobility issues, the New York Post reported. Follow Behind The Hedges onTwitter,InstagramandFacebook. Feldmans suit rejects this claim. Meir applied for a demolition permit of the house in 2013. , and received it, as it was a non-designated historic home, to the disdain of many. 1145 Sagg Main Street, Sagaponack, NY $2.1M, HAMPTONS There, along the sands, youll find the estate known asMylestone at Meadow Lane. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Real estate developer Elghanayan purchased this six-acre property for $24M in 2007. All dimensions are approximate. The largest house in East Hampton, with 30 rooms and 80 acres, the Dunes was built by Frank B. Wiborg, who enlisted architect Grosvenor Atterbury. We're happy you are enjoying our content. 1400 Meadow Lane Southampton NY 11968 - YouTube Were all ears. Two years later, it sold for $10.5 million in 2013. $169M Trophy Penthouse in NYC Is Now the Most Expensive Listing in the U.S. Delawares Most Expensive Home Is a $5.9M Oceanfront Paradise, Live Like a Russian Tycoon in a $21M Cavalli-Designed L.A. Penthouse. DISCLAIMER 40 Meadow Ln, Southampton, NY 11968 - Owner, Sales, Taxes Powered by bespokeluxurymarketing.com. Notable Transactions Special Thanks to Brian & Karen for making the deal go smooth and seemless." read more Zillow Group Marketplace, Inc. NMLS #1303160 Home value Architectural renderings may be shown and photographs may be in enhanced. Bespoke Talks number you provided, including marketing by autodialer and prerecorded and artificial voice, and Feldmans suit, which also names EAM and EZL as parties to the suit, acknowledged that the house was being sold, and while the April 6 filing just a day after the house had closed did not know the exact purchase price, the suit said the house is expected to fetch more than $10 million over its mortgage debt.. In his request to the court to toss the suit, Meir claimed that HFZ had initial control over the company, but later transferred 50% ownership to him. The seller was Nir Meir, a former executive at HFZ Capital. refi payment: $343,773/mo Refinance your loan Home value Owner tools Tap into your home's equity Zillow makes it simple to explore your cash-out refinance options. Kyalami, which means "home" in Zulu, was built in 1902 for actor John Drew, uncle of the Barrymores. The former head of now-defunct Level Global hedge fund is suing the US government. The house is a small Francis Fleetwood on the bayside. The modern home, not far from Southamptons exclusive Meadow Club, was once an 1880s shingle-style summer cottage fondly known as A Wee Ly Mor. The home had been built by the Betts family, one of the original summer colony families. On March 15, 2023 Southampton Town Police Department promoted three Department members: Lt. Howard Kalb was promoted to Captain; Sgt. Jessie renovated and expanded the estate, building the pool house in 1930. The house itself was demolished in 1954, and rebuilt about 40 years later. While $85 million is an astonishing amount of money, the price of the Mylestone estate almost makes it look puny. A Bespoke Luxury Company, COPYRIGHT document.write(new Date().getFullYear()) BESPOKE. On The Market For $52.5 Million - Tim Davis Later Tommy Mottola of Sony Music lived in the carriage house. 212.542.4582 In a class of its own, this rare double waterfront estate bridges 8 lush acres+/- between the Atlantic Ocean and Shinnecock Bay, boasting 500' feet of ocean frontage, an array of health-driven amenities, and a timeless 15,521 SF+/- residence complete with 11 bedrooms, 12 full and 4 half bathrooms, an attached caretaker's cottage and truly The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive. But the five-mile stretch of land on Meadow Lane in Southhampton proves to be the priciest neighborhoods in the world, which boasts ocean front properties along seven miles of shoreline and which can cost up to $100 million. READ REDFIN'S, Do not sell or share my personal information. Over the course of a decade during which Meir styled himself as the managing principal (although he was never an owner or member of HFZ) he used his position to divert millions of dollars of HFZs cash and assets for his own personal use, the suit alleges. In 2020, the billionaire Ken Griffin, known for his knack for bagging prestige properties, reportedly picked up an estate from the fashion designer Calvin Klein for over $84 million in an off-market deal, a reported record for the Hamptons last year. . MANHATTAN The home at 40 Meadow Lane has been sold, but who should legally receive the profits is a question before the court. Black Point was the 60-acre estate of Col. H.H. While the Hamptons isn't short of expensive addresses, perhaps none is as elite as the five mile strip of sand on the ocean known as Meadow Lane in Southampton. Nir Meir, who oversaw a multi-billion real estate portfolio for HFZ Capital Group, a once prominent condominium developer in New York City, is the seller. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. Once a prolific condo developer in Manhattan, HFZ imploded during the pandemic, leaving a trail of liens, foreclosures and lawsuits in its wake, according to the Real Deal. FAIR HOUSING DISCLAIMER. Cast your eyes east to the Hamptons to find this even pricier offering. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. The house burned down in 1912. can sell for around list price and go pending in around. The FAA Airport Identifier is 87N. And the five-mile road has a helipad to whisk residents off to Manhattan in under 20 minutes. With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. If Mylestone's massive asking price is too much to handle, 10 other homes are on the market along Meadow Lane. Consult with a real estate agent for specific fee information in your area. Power broker and lifelong Hamptons resident Tim Davis boasts an accomplished 40-year real estate career listing and selling some of the finest properties on the East End. The Fulton Cutting family bought it in the 1930s and owned it for 80 years before putting it on the market for $17.5 million in 2011. Smithtown Partners LLC was listed as the buyer. Claim your home and get an email whenever there's an Meirs looting of HFZ assets accelerated in recent years and encompassed a wide range of wrongful activities, from buying hundreds of thousands (if not millions) of dollars of investment-grade wine for himself with HFZs money to transferring a forty-five million dollar, beachfront Southampton home from HFZ ownership to entities owned and controlled by Meir and his family members, the suit claims. The floor plan includes wood flooring and custom millwork, three fireplaces, grasscloth wall covering, and sunlit living spaces. HFZs founder Ziel Feldman was also forced to sell his $50 million Hamptons home at 187 Dune Road, by a mega-mansion built by Ukrainian-born billionaire oligarch Len Blavatnik. Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy. ALL RIGHTS RESERVED. At this mansions scale and location, of course, comparables are near impossible to find. He then tore down the property, a cottage known as A Wee Lyr Mor following legal disputes with neighbors and built a modern, 7,000-square-foot home in its place in 2017. View properties similar to Meadow Lane, Southampton. Get In-Depth Insights and Exclusive Content Delivered Direct to You. This house was designed by architect Edward P. Mellon (yes, of the banking family) for himself c. 1919. Patriots owner Robert Kraft is coming to the Hamptons. We're happy you are enjoying our content. 809 Meadow Lane Southampton, New York, 11968 United States Price Price Upon Request Bedrooms 7 Bathrooms 6 Full 1 Partial Interior 5,000 Sq Ft. Were working on getting current and accurate fire risk information. These so-called whisper listings, at even higher prices, may only exist on the websites of select brokers. Kyalami, which had 12 bedrooms, was demolished in the 1940s. This field is for validation purposes and should be left unchanged. Inside, you can enjoy the wood-burning fireplace, two walk-in closets, a marble bathroom, and soaking tub. HFZ funds were used, the suit says, to purchase the .76 of an acre property, build a new 6,600-square-foot modern home, furnish it, and to pay the taxes ($65,331 annually records show) and upkeep, as well as to pay for a full-time domestic staff while Meir and his family lived there for no cost. Meir applied for a demolition permit of the house in 2013, according to CurbedHamptons at the time, and received it, as it was a non-designated historic home, to the disdain of many. 980 Meadow Lane is available for $32M; if that's too rich for your blood,1860 Meadow is asking $27M. Meadow Lane, Southampton, NY - Hamptons Real Estate Refi. Last week, we claimed that an ultraluxe penthouse on a high-rise in Manhattan was the priciest property in the United States. , one of the priciest sales in the Hamptons in 2020. purported to hold the title to 40 Meadow Lane and filed a lawsuit in late December, accusing Meir of illegally occupying the property, according to. This is his much talked-about house, by Michael Haverland and then Stelle Lomont Rouhani, before completion. The Texas ranch of T. Boone Pickens became available for $220 million last year, after initially asking $250 million in 2017. Meir, in effect, had been using HFZ as his own personal piggy-bank, the suit says. It's an enormous 22,000sf set on 4.7 acres of land. Meadow Ln, Southampton, NY 11968 - NeighborWho Take Bayberry Land, for example. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Blackstone mezz loan offered up by Koreans, signaling distress, Office, industrial return to top of NYCs lending fray, Florida bill restricting foreign real estate purchases a slippery slope, brokers say, Ivana Trumps townhouse might be the Upper East Sides quirkiest listing, The 81-year-old billionaire wants to add an elevator to his home at 40 Meadow Lane in Southampton, citing mobility issues, the New York Post. The 8,000-square-foot . It cost $250,000 to build, and was sold at auction in 1938 for $16,000. To this day, the appellation still sticks. (What's there now, still called Wooldon Manor, was the original pool house.) About This Home 40 Meadow Ln is a 6,878 square foot house on a 0.73 acre lot with 7 bedrooms and 8.5 bathrooms. He also owns the nearly 3.5-acre bay-front parcel across the road, which includes a tennis court and private dock. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
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