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Hamptons Life

May 29, 2015 1:35 PMPublication: The East Hampton Press & The Southampton Press

Salomon Estate On Meadow Lane Sells For $37 Million

At 6,280 square feet, this boxy oceanfront home on Meadown Lane will likely be torn down and replaced by its new owner. SOUTHAMPTON TOWN
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May 30, 2015 6:21 PM

Keeping up the Hamptons’ ever-opulent reputation, an estate on a Southampton Village road that Forbes dubbed “Billionaire Lane” in 2013, sold for $37 million recently.

Located at 784 Meadow Lane, the 4.08-acre property belonged to the estate of William R. Salomon, who helped modernize and broaden Salomon Brothers, a bond trading house that was started by his father and two uncles in 1910. The junior Salomon died on December 7, 2014, at 100 years old.

The buyer is cloaked behind the LLC “784 Meadow Lane.” But, according to New York State documents, the East Hampton real estate law firm Ackerman, O’Brien, Pachman & Brown LLP is listed as the address to accept mail on behalf of the limited liability corporation.

The boxy oceanfront home that will likely be torn down is 6,280 square feet with 6 bedrooms and 8 baths. There’s also a swimming pool that faces the beach.

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