So finally the listing of Barry Rosenstein’s previous East Hampton oceanfront house is up. (Remember, last week we brought you the news that hedgie Rosenstein, who made headlines with his purchase of a property for $137 million on the ocean in East Hampton in 2014, had put his older property on the market for $70 million.)
The listing agents for the Drew Lane, East Hampton, property are Tal Alexander and Oren Alexander of Douglas Elliman in New York. Rosenstein paid $19.2 million for the property in 2005, and then hired Rick Cook of CookFox Architects to design a house. There’s 1.5 acres of land with a long lap pool, the seven-bedroom, 9.5-bathroom house, a two-bedroom guest cottage, and a separate garage with office.
So here it is. What do you think? We have one word: yaawwwwwwwwwwn. (Sorry, Barry.) The place is so tastefully understated we’re going to fall asleep any minute. Granted, the pictures are pretty skimpy, and some good design work would give the interiors more interest–hard to say how dull the actual house is. Of course the views are spectacular.
Price is too high, we think. Yes, it’s a prime location, but for only $1.5 acres, $70 million strikes us as too high. What say you?
For more, click here. 27 Drew Lane, East Hampton