Harry Macklowe Lists Georgica Pond Mansion In East Hampton For $38M

Developer Harry Macklowe is putting his Georgica Pond mansion up for sale. The property, located at 64 West End Avenue in East Hampton, boasts four bedrooms and 4.5 bathrooms, spanning nearly three acres. Macklowe purchased the home in 2017 for $10.35 million, intending to reside there with his then-girlfriend, now wife, Patricia Landeau, amidst a tumultuous divorce from his first wife, Linda Macklowe. The listing, handled by Paul Brennan and Martha Gundersen of Douglas Elliman, is asking $38 million.

Notable Features and History

The 5,500-square-foot mansion, originally designed by Futterman Architects, is distinguished by its prime location along Georgica Pond, offering picturesque views. Macklowe's tabloid-covered divorce proceedings included attention to the property's proximity to his previous residence with Linda. Despite its allure, the mansion faced issues with town officials due to unauthorized work on the wetlands site, including an alleged increase of 4,000 square feet to the site coverage.

Speculation and Background

Observers speculate on the motives behind Macklowe's decision to sell, considering the previous listing of another property owned by him and Linda. The other property, a modernist home on Georgica Pond, was listed for $21 million in 2019 but was withdrawn from the market the following year. Sources suggest Linda's decision to stay at the other property may have influenced Harry's choice to sell.

Expert Opinions

Real estate experts acknowledge the substantial asking price but highlight the property's enviable location as a major selling point. Despite concerns over the legality of alterations made to the mansion, its prime position on Georgica Pond remains a coveted asset in the Hamptons real estate market.