Goldman Sachs CEO Sued By Contractor After Working At Bridgehampton Estate - 27 East

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Goldman Sachs CEO Sued By Contractor After Working At Bridgehampton Estate

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author on May 5, 2015

A contractor is suing Goldman Sachs Chairman and CEO Lloyd Blankfein after allegedly getting hurt while doing construction on the Wall Street mogul’s 7-acre Bridgehampton estate.

Cesar Correa said he injured his knee after getting knocked off scaffolding, leaving him “sick, sore, lame and disabled,” according to the New York Daily News. As a result, Mr. Correa said, he had to have surgery and has been unable to work. He reportedly faults Mr. Blankfein for not taking necessary precautions to ensure worker safety on the job.

In 2012, Mr. Blankfein shelled out $28.25 million for 683 Ocean Road, which was offered by the Elizabeth Mallow Trust. Mr. Blankfein didn’t wait for his then-summer retreat on Parsonage Lane in Sagaponack to sell before purchasing the new abode.

The Bridgehampton property has been undergoing a transformation ever since. An application for a building permit was submitted to the Town of Southampton and approved in 2014. The permit included relocating or renovating the two-story, single-family home and putting in a new foundation, entry gates and posts, terraces and walkways.

“Mr. Blankfein was unaware of this lawsuit until it was filed Friday,” said a statement sent by email on Monday from David Wells, a spokesman for Mr. Blankfein. Mr. Blankfein has instructed the primary contractor, 199 Mariner, to “look into the situation,” according to the statement.

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