Elks Carnival July 19, 2018

Hamptons Life

Jul 28, 2017 1:27 PMPublication: The East Hampton Press & The Southampton Press

Harvey Weinstein Slashes Ask For Amagansett Abode

50 Broadview Road, Amagansett. GOOGLE MAPS
Jul 28, 2017 1:27 PM

That the ask of Harvey Weinstein’s house in Amagansett was just slashed says more about high-end Hamptons real estate in the summer of 2017 than it says about Mr. Weinstein’s fortunes. While the career of the producer, now 65, continues to soar, lowering prices has become commonplace from Westhampton to Montauk as buyers search for bargains. According to a report in Behind the Hedges Daily, the Weinstein property on Broadview Road, which first went on the market last year for $13,500,000, has been reduced to $12,400,000, down another $400,000 from a previous drop.

The house has a movie business pedigree, having previously belonged to Barry Sonnenfeld, director of such hits as “Men in Black” and “Get Shorty.” (He is now involved as a producer and director of the Netflix series “A Series of Unfortunate Events.”) It was put on the market in 2013 for $19.5 million—and lingered there. When the Queens-born Mr. Weinstein and his wife, Georgina Chapman, bought it three years ago, the reported purchase price was $11,650,000.

According to a sales site for the Broadview property, it is “a bay-front residence with nearly 9,000 square [feet] on three finished levels” and “is designed for the best of seaside living.” Principle rooms including the open kitchen, great room, dining area and formal living room offer expansive waterfront views. The swimming pool is located off the entertaining rooms and offers direct access to the screened dining porch. The master suite offers a bay view from the private balcony and en-suite bathroom. Additional features include five family/guest bedrooms, gym with full bath, steam shower and dry sauna, wine room, recreation room, swimming pool with Jacuzzi, pool house, and garage. In addition there is a state-of-the-art theater for in-home movie viewing, which we can assume its owners have spent a lot of time in. The size of the Amagansett property is 1.9 acres.

We can be pretty certain that Weinstein is not selling the manse because he has fallen on hard times. Recent feature film projects include the Oscar-nominated “Lion” as well as “The Hateful Eight,” “The Founder” and “47 Meters Down.” Coming up is what is described as “Untitled Bryan Cranston/Kevin Hart Film.” The Weinstein Company, which he owns with his brother, Bob, has been especially active in television lately. Among the projects in production and in the pipeline are “Casey Anthony: An American Murder Mystery,” “Sin City,” and a “Les Miserables” limited series.

You have read 1 of 7 free articles this month.

Yes! I'll try a one-month
Premium Membership
for just 99¢!

Already a subscriber? LOG IN HERE