Posts Tagged ‘Hamptons’

Hamptons Real Estate News: New North of the Highway Record Sale — $9.75 Million for One-Acre of Non-Waterfront Property — Reports Gary DePersia of The Corcoran Group

Thursday, May 1st, 2014


East Hampton, New York (PRWEB) April 16, 2014

Hamptons real estate broker Gary DePersia of The Corcoran Group (http://www.myhamptonhomes.com) sealed a new record deal for the highest price of non-waterfront property on one-acre North of the Highway at $ 9.75 million. He represented both the buyer and the seller.

Built by whaling scion Nathan P. Howell in 1833, the Greek Revival style home on Sag Harbor’s bustling Main Street was once one of the grandest residences on the East End. It stretches across 9,000-square-feet and four levels with six bedrooms, eight-and-one-half bathrooms and grand parlors including ten fireplaces and a loft with widow’s walk capturing 360-degree village views. On a full-acre of lawn and garden with specimen trees, the structure was family-owned for more than 135 years until the 1970s. It was renovated, maintained and cherished to the highest standards by the seller who had owned since the mid-1990s.

“One-of-a-kind benchmarks can now be set in any market and in any area of the Hamptons. The price lines dividing North and South of the Highway are blurring. This sale is every bit as pricey as a special house on one-acre in the estate sections of East Hampton or Southampton, says DePersia.

DePersia set another North of the Highway market record, unsurpassed since 2011, for the highest price residential sale at $ 36 million, with the 55-acre waterfront oasis Tyndal Point in Sag Harbors North Haven. Here he represented both buyer and seller as well.

About Nathan P. Howell House (http://www.myhamptonhomes.com/Sag_Harbor-real-estate-1384180588-1.php):

In 1833, the scion of a wealthy whaling clan, Nathan P. Howell, built a large Greek Revival style home on Sag Harbor’s bustling Main Street. At the height of his prosperity in 1850, Howell enlarged and renovated his house in the Italianate style to become one of the grandest residences on the East End at that time. Later on in that century, Howell’s daughter inherited the house and succeeding generations maintained the house and its ownership well into the 1970s. After exhaustive work by its seller, who lived there for nearly two decades, modern amenities were balanced harmoniously with original details within this 8,000 SF+/- six bedroom residence on four levels of living space, including finished lower level, serviced by both stairs and elevator, and set magnificently within a full acre of lawn, gardens and specimen trees. Grand parlors within are embraced by broad covered porches setting the tone for this extraordinary offering within close proximity to shops, restaurants and the marinas of a village in the midst of an amazing renaissance. A third floor loft with bathroom leads up a short staircase to the widow’s walk capturing 360-degree views of the surrounding village, forming the perfect venue for that postprandial cigar.

About Gary DePersia (The Corcoran Group, 51 Main Street, East Hampton, NY 11937, 631.899.0215 or 516.380.0538, http://www.myhamptonhomes.com):

On the East End since 1995, Gary DePersia of The Corcoran Group has participated in more than one billion dollars of real estate transactions. His sensational inventory of Hamptons luxury real estate has generated benchmark deals. Among them is the 55-acre waterfront oasis Tyndal Point in Sag Harbors North Haven. At $ 36 million, it was the highest price residential sale ever north of the highway, plus the largest transaction for 2011, on the East End. Consistently ranked among the top producers in the Hamptons, and a year-on-year national list maker, in 2008, he was Corcoran’s top broker on the East End by sales volume and rental units; and ranked the nations 4th top broker by sales volume with over $ 202 million worth of transactions in The Wall Street Journal and REAL Trends Top 250 real estate professionals. Gary is the broker other brokers have come to follow and emulate. He is well-versed on the inventory of each village and hamlet and with four licensed assistants has built a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. As the East End’s most prolific advertiser, his exclusive listings are found regularly in print and online. He was the first Hamptons broker with his own personal website (http://www.myhamptonhomes.com) and broad use of social media. An inimitable ambassador for Hamptons luxury real estate, he regularly guides television viewers around the areas finest homes and is tapped by top news media for his expert market views and exceptional listings. His far-reaching experience, affable nature and energized style make him a favorite of other brokers seeking a knowledgeable Hamptons realtor who truly cares about client service.







Hot Celebrity Home News: Hamptons Windmill, Tennessee NASCAR Castle, Kentucky Bourbon Mansion & Fiji Island Auction

Sunday, October 6th, 2013


Pompano Beach, Florida (PRWEB) September 19, 2013

This week, TopTenRealEstateDeals takes a look at Tennessees Crantzdorf Castle that includes a one-sixteenth scale version of the nearby Bristol Motor Speedway – reduced from $ 28.5 million to $ 4.3 million. Also, the 1925 mansion of the family that made Kentucky bourbon world famous is for sale at $ 5.5 million; an $ 8 million Hamptons home that was converted from a working windmill built by early Dutch settlers, and a Fiji Island compound that has hosted celebrities such as Steve Jobs, Rupert Murdoch, Tom Cruise and the Rolling Stones going to auction.

Hamptons $ 8 Million Windmill House

Its almost impossible not to be curious when seeing a windmill in such an unlikely place as the oceanside resort area of Amagansett in the Hamptons. Is it real, or did someone just decide they liked windmills and decided to copy one? In fact, this particular windmill is the real thing. Since it was built in the early 1830s, it was most likely built by the descendants of the first Dutch settlers in Amagansett. This formerly working windmill was used to provide power for the next door apple orchard, which still exists today.

In the 1950s, Faberge cosmetics founder Samuel Rubin bought the windmill and converted it into a home. At that time he had tennis courts and used the property to entertain friends. Many celebrities visited, played or rented there such as Alec Baldwin, Ralph Lauren, Marilyn Monroe, Arthur Miller and Kurt Vonnegut.

Though only 1,300 square feet with two bedrooms and one bath, the house does sit on 5.4 acres and is only a few minutes to both Napeague Bay and the ocean. The ground floor opens to an 18 by 18 hexagonal living space with wide plank hardwood floors and exposed beam ceilings and a stairwell with rope banister leads to the upper levels. Also on the main level are the kitchen, a bedroom and bath. The second floor of the windmill is the main bedroom and above that, the unfinished tower room that housed the wooden mechanical workings of the windmill’s sails, including a break that would stop them. Many parts of the original hand hewn works are still there.

Though some would want to build on the site, in its present state, the house makes a nice getaway and conversation piece for the millionaire who has everything . . .except a windmill. Historic Hamptons windmill house on 5.3 acres, priced at $ 7.9 million.

Tennessee Castle & Racetrack

Tennessees Crantzdorf Castle, a replica of Palacio de la Magdalena in Santander, Spain, and built by European craftsmen, is more than just another man cave for good old boys. It also sports a one-sixteenth scale version of the nearby Bristol Motor Speedway.

The castle was built by auto dealership owner, Steve Grindstaff, over a ten-year period, who apparently was torn between aspirations of grandeur and his deep seated affection for the backwoods bootlegging background of NASCAR. Having fulfilled his fantasy, Grindstaff was given a reality check by his wife, newly pregnant with twins, who pointed out that she had no intention of taking care of a 24,000 square foot house while chasing after babies.

In addition to the replica Bristol Motor Speedway, Crantzdorf Castle also has a 4,000 square foot climate controlled garage for the car collector, 22-foot entry doors imported from Paris, hand carved bar from England, stained glass windows, nine bedrooms, fourteen baths, huge fireplace, a pub, billiards room, finished basement and attic. There is an indoor basketball court, a swimming pool with lake view, covered veranda and gazebo. NASCAR fans castle originally priced at $ 28.5 million now $ 4.3 million.

Fiji Island Auction

David Gilmour, Canadian entrepreneur, rediscovered the Fijian island of Wakaya about 200 years after Captain Cook, and purchased it in 1973. It had been uninhabited for over 140 years when he arrived and he set about creating a luxurious tropical resort, Wakaya Club & Resort and a village and homes for islanders employed by the resort. For himself and his New Zealand born wife, Jill, he built the Rai Ki Wai (view over the sea) estate on a hilltop overlooking the island and ocean. Rai Ki Wai is going to auction on October 3rd.

Designed in colonial pavilion style, the home is a series of three pavilions connected by walkways, providing the ultimate in privacy when entertaining stay-over guests. The main living pavilion is 4,200 square feet with an open living room and bar area. The master bedroom pavilion is an impressive 5,000 square feet and there is a third double pavilion for guests. By way of a winding jungle path, owners and guests can access Homestead Bay Beach with amenities solely for the use of the owner such as BBQs, 12-seat tables, sun lounges, toilets and showers. Its the ideal spot to serve a feast cooked in a traditional Fijian Lovo.

Due to the remoteness of the island and the highly secured dock, airstrip and helipad, the location is attractive to royalty, celebrities and business leaders. Visitors to the Wakaya Club and Resort have included Prince Felipe of Spain, Nicole Kidman, Keith Urban, Bill Gates, Steve Jobs, Rupert Murdoch, George Lucas, Michelle Pfeiffer, Paris Hilton, Tom Cruise and the Rolling Stones. Bill Gates and his wife chose the resort as the location for their honeymoon.

One of Fiji’s largest estates with three homes plus guest homes and caretaker pavilion on 46 acres. Was $ 12 million. Selling Without Reserve.

Kentucky Bourbon House

Bourbon is an original American whiskey that evolved after the Revolutionary War. While other distillers in the eastern U.S. were using traditional rye, the Kentucky area was beginning to see its first settlers and only had leftover native corn to ferment into alcohol. Since land was freshly deforested for crops, stumps still remained, making it impossible to plant row crops requiring a plow. Early Kentuckians were forced to hand plant seeds around these tree stumps in order to produce a crop.

Whiskey was also an important medicine in the 1800s. George Garvin Brown was a pharmaceutical salesman in 1870 and heard many complaints from doctors that the quality of whiskey was unreliable. Sensing an opportunity, George joined his half-brothers whiskey firm to find a way to make the quality of medicinal bourbon consistent. This was the beginning of the production of the best Bourbon available, starting out as Old Forester, the first to be sold in glass bottles. The guarantee of high quality of the product established a reputation for the company which it has maintained through generations of whiskey fans.

For sale at $ 5.5 million for the first time since it was built in 1925 for the grandfather, Owsley Brown, The Avish, the original Brown family manor, is named after the familys ancestral home in Ireland. It sits on 24 acres and is listed on the National Register of Historic Places. After twentieth-century additions, the mansion now measures more than 17,695 square feet with six bedrooms and eight bathrooms.

Real estate is never boring at TopTenRealEstateDeals. Check out today’s most entertaining and unusual real estate news stories of the week. News such as America’s best and worst retirement tax states, over and under valued real estate markets, and good times for the Empire State Building.

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New York Civic, Business and Communities Heed Call to Action on Education, Raise More Than $60,000 at UNCF A Mind Is Hamptons Summer Benefit

Sunday, September 22nd, 2013


East Hampton, NY (PRWEB) September 06, 2013

FOR REPORTERS: To access pictures of the UNCF A Mind Is Hamptons Summer Benefit, please go to https://uncf.box.com/s/yf2mzhdz1idacqec1n9d .

New York business, civic and community leaders joined UNCF (the United Negro College Fund) the nations largest and most effective minority education association on Saturday, August 24, at the second annual A Mind Is Hamptons Summer Benefit. Held at the East Hampton Point Resort, the event celebrated education and called on supporters to invest in better futures for African American and other students of college by ensuring they receive the education they need and the county needs them to have as they prepare to become the leaders of the 21st century. The Hamptons Summer Benefit raised more than $ 60,000 toward that goal.

On behalf of UNCF and the students we serve, I want to thank everyone who came out and supported our young people through this wonderful event. They are the reason we are able to support more than 60,000 students each year through 13,000 scholarships under 400 programs, said Maurice Jenkins, senior vice president of UNCF. We need to invest in their dreams through a new philanthropy that will pay dividends for them, and for all of us.

The A Mind Is Hamptons Summer Benefit was hosted by the UNCF Leadership Council of New York. Sylvia and Kenneth Woods, owners of legendary Sylvias Restaurant in Harlem also attended, as did Camille Clark and members of the Metro Manhattan Chapter of The Links. Dr. Luther Clark, global director, Merck Scientific Affairs, Olympic fencing champion Keeth Smart and Nicole Christie of NBCs Fashion Star and H&M communications executive also attended the event.

Several key supporters were inducted in the A Mind Is Giving Society in recognition of their support for UNCF education initiatives. They were: