DAN'S PAPERS, November 20, 2009 Page 31 www.danshamptons.com
EH Properties: Preserve Some, Exploit Others By T.J. Clemente The quaint charm that is East Hampton Village is no accident. The picturesque town pond, and centuries-old cemetery with its picket fence is surrounded by a historic district that brims with history dating back to 1648. Robert Hefner, the village’s historic preservation consultant, wrote, “The design of the Village of East Hampton today is directly related to the way the settlement was laid out in 1648...It is the policy of the Village of East Hampton to protect, enhance and perpetuate landmarks and historic districts to promote the economic, cultural, educational and general welfare of its residents.” Hefner directed the meticulous, historically accurate restoration of Hook Mill, Gardiner Windmill and Home Sweet Home, which experts agree are among the finest of the village’s—and early America’s—historic structures. On his expert recommendations, the Village Planning Board is in the process of adding more historic barns to be either acquired or recommended for historic preservation easements. When the village makes an acquisition, they own the property outright. A preservation easement is an amount paid to the property owner to insure that the structure will not be changed. The easement stays on the property even after the owners change hands. According Larry Cantwell, East Hampton town Village Administrator, preservation easements have always been cooperative between the parties. Hefner’s three specific recommendations are the Hand Barn at 78 Main Street, the Gardiner
Barn on Railroad Avenue, and the Osborne Barn at 6 Woods Lane. Other sites to be discussed are Childe Hassam’s house at 48 Egypt Lane, the Phoebe Huntting house at 21 Hither Lane, Rowdy Hall at 111 Egypt Lane and the Baldwin Cook Talmage house at 10 Cove Hollow Farm Road. Also on the agenda for consideration are two small historic buildings, several cottages, a piece of land of historic value and a number of historic properties in commercial districts. East Hampton’s broad common, which is now Main Street, was laid out on the plain north of Hook Pond and flanked on either side by home lots of eight to 12 acres each. Those lots extended east of the common to Hook Pond and west to what is now “Highway Behind the Lots.” Just recently in this most historic section, the Pond Estate, or as some people refer to it, the “Pink House,” built in 1903, has been acquired by New York City investment banker, Peter J. Solomon. (Suffolk County records indicate that Pink House, L.L.C., a private corporation formed in June, was the official buyer.) The sale was reported to be in the neighborhood of $19 million—some $3.5 million below the original asking price. The house, built as a dairy barn, was once a part of the Frank Wiborg estate. Adding to its charm are a bulkhead and dock on the pond, boathouse, greenhouse and root cellar. Village and town code state the house could be expanded to over 14,000 square feet. The house has a storied past. After Wiborg’s ownership, it was sold to Elisabeth Harkness and her husband, actor Robert Montgomery.
Robert’s daughter, Elizabeth Montgomery of “Bewitched,” visited the estate. The most recent owners were the late Broadway producer Alfred de Liagre, Jr., and his wife Mary, a Ziegfeld Follies performer who died in June at the age of 94. The property was put up for sale after her death. The swiftness of the sale in fewer than five months shows that choice real estate in choice areas moves, even in challenging times. Another sign of these challenging times just might be the new policy the Village of East Hampton is instituting at the Sea Spray Cottages at Main Beach. After 30 years of giving previous renters first right of refusal, the village will now rent the cottages to the highest bidder. It has been reported that seasonal rentals at Sea Spray Cottages last summer ranged from $27,882 for a one-bedroom unit to $51,211 for a three-bedroom, one-bath place, with the cottages bringing in $495,661 for the village in 2009. There used to be a waiting list of around 300. Now it becomes a situation of who will pay the most. One local laughed, “It sure will be interesting to see next year’s renters. I am sure it will be fun to see how high some people will bid for what once was thought as a right to rent there.” Sea Spray Cottages, 13 units in 10 structures, was purchased in 1979 for park and recreation purposes. It was a decision of Village of East Hampton voters to do that. The purpose of the purchase was for the cottages to raise money for the village. Once again, the town is hoping to use the properties as a money generator, at a time when a “highest bidder” carries a lot of clout.
EVERYTHING OVER A MILLION Sales Between 08/14/2009 and 10/26/2009 The most reliable source for real estate information
Theodore W Damiecki to Randall T McCallum, 331 Butter Lane, 1,900,000
Michael Walsh (Referee) to DLJ Mortgage Capital, 44 Brushy Neck Ln 1,982,499
Estate of Francis A Brennan to 77 Sch Street LLC, 77 School Street, 1,150,000
Valerie & John Apicella to Sean & Alexandra White, 722 Dune Road, 1,635,000
CUTCHOGUE Nicholas Aliano to E & C Property Holding II Inc, Oregon Road, 2,925,000
Now w Available!
EAST HAMPTON Grossman Living Trust to Louis & Anne Frost, 14 Wigwam View Lane, 1,225,000
Accurate, up-to-date, affordable, on-line information about all real estate transactions in your community. Our weekly reports contain:
MONTAUK 372 Assets LLC to Beachview One LLC, 372 Old Montauk Highway 8,925,000 Old Montauk Assoc LLC to Beachview Two LLC, 368 Old Montauk Hwy 3,000,000
372 Assets LLC to Beachview One LLC, 372 Old Montauk Highway
> A weekly list of mortgage Lis Pendens filings
CUTCHOGUE EAST HAMPTON Karel De Boer to Tokkie & John Duffield, 48 Accabonac Road, 885,000 Barbara Dello Joio to TJWH Holdings LLC, 48 Huckleberry Lane, 800,000 Babylon Woods Corp to Luis Luna, 119 Harbor Blvd, 630,700 P & C Arbia Properties LLC to Christopher Matzen, 26 Scallop Avenue, 620,000
The most comprehensive reporting methods available, delivered right to your inbox every week.
Peter Dyner to Carl Barnick, 116 Montauk Blvd, 605,000 Sarah Nagourney to Najame Enterprises Inc, 2 Sycamore Drive, 530,000 Alexander Giraldo to Luis Bermeo, 7 Calvin Street, 500,000
HAMPTON BAYS Estate of Catherine Hios to Terence N McBreen, 1 Cypress Lane, 535,000
Visit us at: www.LIRealEstateReport.com
Paul W Haug to Spyridon Dimitratos, 710 Naugles Drive, 550,000 Estate of Edna V McNulty to W Holdings Group LLC, Westview Drive, 500,000
For more info, call: 631-539-7919
Michael H Ahearn (Referee) to US Bank, 7 South Delphi Street, 801,809
Sales Of Not Quite A Million During This Period1 Skunk Lane Trust to 9105 Skunk Lane LLC, Skunk Lane, 640,000
> The most up-to-date information available
Perla & John Boord to Fair Hills Kids Corp, 23 Fair Hills Lane, 3,750,000 Ronald S Lauder to Aerin Lauder-Zinterhofer, 165 Wainscott Main St, 5,256,173
> All Residential and Commercial closed sales in your area
• BIG DEAL •
JPMorgan Chase Bank to Paul Luciano, 1492 Millstone Road, 675,000
HSBC Bank to Jeffrey S & Helen M Dilandro, 99 Whippoorwill Lane, 789,144
SAG HARBOR Carolyn M Preiato to David Amos, 44 Shadyrest Drive, 577,000
SOUTHAMPTON Michele Chirco to 17 Shore Road LLC, 17 Shore Road, 550,000
WADING RIVER Arthur F Seekamp to Josephine & Frank Difilippo, 164 North Side Road, 910,000 Roger D & Peggy A Marks to Christopher J Horsford, 11 Deer Run, 505,000
Sposato Realty LP to Randi & Bruce Amick, 88 Jagger Lane 989,000 Michael H Ahearn (Referee) to Areta Podhorodecki, 26 Bridle Path, 600,000
MONTAUK Data Provided by Long Island Real Estate Report
Published on Nov 20, 2009
Published on Nov 20, 2009
Dan's Papers, the 51-year-old bible of the Hamptons, is owned by Manhattan Media, a multi-media publishing company based in New York City,...