Here’s the new Mets owner’s old East Hampton house

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This is a fairly generic Farrell house, of the overly-gambreled style of the mid-aughts. The only thing really interesting about it is who it belongs to, Wall Streeter, $1.2-billion-insider-trading-SEC-fine-paying and new Mets owner Steven Cohen. Cohen bought the place back in 2007 for $18 million; it’s on the tonier south side of Further Lane (which always reminds us of Lady Bracknell referring to the unfashionable side of Belgrave Square), but doesn’t have an ocean view.

But don’t weep for the Cohens’ lack of ocean view: he bought a new place on the ocean on Further Lane for $62 million, and then tore it down. After all, the old place was just 10,000 square feet. What zillionaire can squeeze into that? The new place he built clocks in at 24,000 square feet, not including the pool house. Finally, he can shake the dust off this non-oceanfront place.

Set on 2 acres, the house is just under that squeezeworthy 10,000 square feet. Repped by Ed Petrie at Compass, the spread is asking $27.5 million. Of course it includes all the bells and whistles of a Farrell house: tennis court, pool with pool house, nice kitchen, master suite, finished lower level with billiards room, gym, and staff quarters; elevator, and heated three car garage. There are 11 bedrooms in all, 11 baths, and two half-baths.

What do you think? Is the gambrel style still current?

 

 

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