Harry Macklowe’s Georgica Pond Estate Returns to Market

Real estate developer Harry Macklowe’s Georgica Pond estate in East Hampton has just returned to the market after a long-standing Certificate of Occupancy issue that sidelined the property.

The home is now listed exclusively with Douglas Elliman’s Paul Brennan and Martha Gundersen, who say an agreement has been reached with East Hampton Village officials that allows Macklowe to obtain the C of O — “and he is moving forward with the required steps to do so.”

The West End Avenue estate is now offered at $35 million.

“At last, there is a clear path to selling the home.” Brennan and Gundersen said in a statement.

Harry Macklowe, East Hampton, Georgica Pond — The 5,500-square-foot house sits on 2.71 acres on Georgica Pond.Courtesy of Douglas Elliman

We’re told the remaining conditions are specific and defined, including a revegetation plan and the removal of a patio. These resolutions allow the property to be sold without any of the uncertainty that previously surrounded it.

Brennan tells Behind The Hedges, “The town and Macklowe came to an agreement in principle that the C of O will be issued subject to certain work being completed. The work has already been scheduled and they are waiting for the weather to break so the work can be completed in one shot.”

When the 2.71-acre property initially went on the market, with an asking of $38 million, outstanding Certificate of Occupancy issues came to light and it was clear they would have a direct impact on the sale.

Soon after the home hit the market, The New York Post reported that the owner had not gotten permission and permits from the village to clear the land and build closer to the wetlands than was permissible. In the process, Macklowe was reportedly fined for more than 21 violations.

The property includes a waterside pool.Courtesy of Douglas Elliman

While the house could have been sold, the village said it would not permit the buyer to take occupancy because the C of O was no longer valid.

With the resolution reached, the house will not be changed in any manner, according to Brennan. “There will be parts of the walkway removed from the east side of the house and a small section of the north-west corner of the deck on the east side of the house. The wetlands will be restored to its natural state with low-lying plants – nothing that will impede the tremendous views,” he adds.

“The house is a jewel box on the most private street in East Hampton with views that will bring tears to your eyes they are so stunning!” he says.

Surrounded by preserved land, the property boasts ocean and pond views, along with 951 feet of pond frontage and a waterside pool.

Designed by Futterman Architecture, the 5,500-square-foot home features four bedrooms and four and a half baths, plus water views from nearly every room.

Macklowe is the CEO of Macklowe Properties, which is known for developing iconic buildings in New York City, such as the Metropolitan Tower, 432 Park Avenue, and ThreeTen East 53rd Street, a residential project completed in 2006. He also owns the General Motors Building, which he purchased in 2003, and personally invited Steve Jobs to build his Manhattan flagship Apple store there.

Macklowe purchased the Georgica Pond estate in 2017 for $10.35 million.

In 2023, Macklowe’s elder brother, Lloyd Macklowe, and his wife, Barbara Macklowe, art dealers and founders of the prestigious Macklowe Gallery, sold their oceanfront estate in East Hampton for $35 million. Lloyd Macklowe died at his home in Bridgehampton in 2024 at the age of 90.

Check out more photos below.

Email tvecsey@danspapers.com with further comments, questions, or tips. Follow Behind The Hedges on X, Instagram and Facebook.