Theater Mogul Robert Nederlander Lists Georgica Pond Mansion - 27 East

Real Estate News

Real Estate News / 1403868

Theater Mogul Robert Nederlander Lists Georgica Pond Mansion

icon 1 Photo
Theater mogul Robert Nederlander's Georgica Pond home was recently listed for sale for $13.5 million.

Theater mogul Robert Nederlander's Georgica Pond home was recently listed for sale for $13.5 million.

author on Mar 20, 2017

A theater ticket doesn’t cost $13.5 million (yet), even to “Hamilton,” but that is what it will take to buy the mansion just put on the market by theater mogul Robert Nederlander. The 5,000-square-foot house, built in 1985, sits on 2 acres in the Georgica Pond section of East Hampton.

Mr. Nederlander, who will celebrate his 84th birthday in three weeks, originally hails from Detroit. His father, David, had purchased his first theater in 1905 in that city, which became the foundation of the Nederlander Organization. Robert Nederlander attended the University of Michigan then went on to earn a law degree from that university (go Wolverines!) and established a law practice in Detroit.

When his father died in the 1960s, Robert, while remaining in Michigan, joined three of his four brothers in buying more theaters to expand the organization to the point of rivaling the powerful Shubert Theater company in New York. His connection to the Big Apple was strengthened in 1973 when the Nederlander brothers became limited partners with George Steinbrenner in the acquisition of the New York Yankees. Robert finally moved to New York in 1981 to serve as president of the Nederlander Organization. While that company continued to grow, he became further immersed in baseball affairs, especially in 1990, when Mr. Steinbrenner was suspended by Commissioner Fay Vincent because of the Dave Winfield scandal and Mr. Nederlander became the ball club’s managing general partner. He stepped down from that role the following year, to be succeeded by Joe Malloy.

By the way, for those keeping track of such things, in addition to the Georgica Pond property, Mr. Nederlander’s connection to East Hampton includes one of his sons once being married to the cookbook author Nina Danielle Sklar, who later married Jerry Seinfeld, who sports a baseball diamond in the backyard of his Further Lane home.

Mr. Nederlander’s manse is represented by Douglas Elliman. Among the features are 7 bedrooms, a tennis court, a third-level observation deck and tons of trees to preserve privacy.

You May Also Like:

Southampton Town Board Hears Report on Tax Assessment Status

Though no action is imminent, the Southampton Town Board heard an update on a potential ... 24 Apr 2024 by Christopher Walsh

REI Presents ‘Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?’ on May 3

The Real Estate Institute at Stony Brook University College of Business will present its spring luncheon, titled “Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?” on Friday, May 3, at the Hilton Garden Inn on the Stony Brook University campus. The discussion on Long Island’s zoning policies and their potential impact on the region’s housing crisis will include panelists Gwen O’Shea, the president and CEO of Community Development Corp. of Long Island; Michael Florio, the CEO of Long Island Builders Institute; and Stephen Romalewski, a professor at CUNY Graduate Center. David Pennetta, the executive managing director ... by Staff Writer

Tips for Avoiding Rental Scams

Rental scams are pervasive, targeting both those seeking permanent housing and those seeking a quick getaway or seasonal lease. To help prospective tenants avoid falling prey to scams, the New York Department of State’s Division of Consumer Protection is calling attention to common rental scams. The main takeaway is this: Avoid sending money for rental properties without first verifying the legitimacy of the listing. In 2023, the FBI received 9,521 real estate/rental scam related complaints with losses of over $145 million. “In today’s highly competitive housing market, renters are often targeted by scammers who use enticing offers to steal their ... by Staff Writer

Agency News: Alexis Meadows Joins Michael Lorber Team at Douglas Elliman

Alexis Meadows has joined the Michael Lorber Team, a top-ranking real estate team at Douglas ... 22 Apr 2024 by Staff Writer

Waterview Water Mill Shingle-Style Homes Sells for $11.38 Million

A Water Mill home with a view of Burnett Creek and a dock for access ... 17 Apr 2024 by Staff Writer

Sagaponack New Construction Designed by McDonough & Conroy Sells for $6 Million

A new 8,000-square-foot home in Sagaponack has sold for $6 million preconstruction. On 3.13 acres ... 9 Apr 2024 by Staff Writer

New Book Shows Long Island’s Past With Glimpses of Future

“Making Long Island: A History of Growth and the American Dream,” by Lawrence R. Samuel ... 5 Apr 2024 by Joseph Finora

Good Things Come in Small Packages

While large houses offer more space to spread out in, a new home in East ... 3 Apr 2024 by Brendan J. O’Reilly

Culloden Point Waterfront Home Sells for $12.5 Million

On Montauk’s Culloden Point and fronting Fort Pond Bay, the home at 8 Captain Balfour ... by Staff Writer

Sands Motel in Montauk Sells to Hospitality Group

Montauk’s Sands Motel at 71 South Emerson Avenue has sold to a prominent hospitality group, ... 29 Mar 2024 by Staff Writer