8 Photos
East Hampton Village Traffic Control Officers now have cooler, safer uniforms. SHAYE WEAVER
A major renovation in Westhampton Dunes. MICHELLE TRAURING
East Hampton Village Traffic Control Officers now have cooler, safer uniforms. SHAYE WEAVER
A stretch of cottages along Dune Road. MICHELLE TRAURING
July 2 -- After an extensive three-year renovation, the Rose Manor House in Quogue is back on the market for a whopping $15.5 million. Simon Rose, CEO of Dahlman Rose & Company, a boutique investment firm typically specializing in a peculiar mix of energy, metals, mining and transportation, bought the house back in 2010 for $5.4 million. At that price point, considering that the house had not seen any significant structural renovations since it was first commissioned in 1906 by the Greeff textile family, teardown seemed like the most economically viable option. “Thank God that there are people around like Simon Rose who want to restore architecturally significant houses like these,” said Enzo Morabito, a broker for Douglas Elliman Real Estate, as he toured the house along with a film crew. The interior of the house—and the exterior of Mr. Morabito—can be seen by a national audience on NBC’s “Open House NYC,” which features luxury homes from various highend real estate pockets across the country. Though Mr. Rose originally paid a hefty sum for an out-ofdate structure, the current listing price would suggest that the renovations were as much a shrewd real estate play as they were a preservationist effort. It is “one of the last remaining examples of the extravagant ‘cottages’ of the Gilded Age,” said Mr. Morabito.
An old cottage sits next to a contemporary home on Dune Road. MICHELLE TRAURING
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on Jun 3, 2013