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

Real Estate News

Real Estate News / 1411370

Goldman Sachs CEO Sued By Contractor After Working At Bridgehampton Estate

icon 3 Photos

authorCarey London 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.

You May Also Like:

Quail Ridge Residents Scramble After Apartments Are Purchased for Redevelopment | 27Speaks Podcast

The tenants of Quail Ridge — the two dozen studio and one-bedroom apartments spread over ... 3 Jul 2025 by 27Speaks

Water Mill Property Where Hal Buckner and Dorothy Lichtenstein Left Their Marks Is for Sale

A Water Mill property that hosts a former dairy barn turned artist’s studio and a ... 30 Jun 2025 by Brendan J. O’Reilly

Sundays on the Bay Hits the Market

Sundays on the Bay restaurant and marina on Dune Road in Hampton Bays has hit ... 29 Jun 2025 by Staff Writer

Hamptons Rental Market Remains Alive and Well

To paraphrase Mark Twain, reports of the demise of the Hamptons summer-rental market are greatly exaggerated. “Any hint that the Hamptons rental market is anything but robust is completely wrong,” said Corcoran associate broker Gary DePersia in East Hampton. An interesting dynamic is stirring in the Hamptons vacation-rental market. Although there has been an unprecedented rise in short-term rentals and the aftershocks of the COVID-19 pandemic linger, it has been a bumper crop year for Wall Street, interest rates have remained steady and a new breed of demanding customer is emerging. Despite it all, the Hamptons vacation-rental market remains as ... 19 Jun 2025 by Joseph Finora

Jon Vaccari Joins Noble Black & Partners at Douglas Elliman

Jon Vaccari, a longtime resident of Sag Harbor, has joined Noble Black & Partners at ... 18 Jun 2025 by Staff Writer

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb