UPDATE: Property Said To Be Most Expensive Sale Appears To Be Three Separate Further Lane Parcels - 27 East

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UPDATE: Property Said To Be Most Expensive Sale Appears To Be Three Separate Further Lane Parcels

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author27east on May 3, 2014

UPDATE: Monday, 4 p.m.

The parcel in question appears to be a combination of three lots 60, 62 and 64 Further Lane.

According to the East Hampton Town assessors’ office, the largest of the three is 62 Further Lane, 8.6 acres formerly owned by Christopher Browne, whose most recent transfer of record was in May 2008, for $15.8 million, to Mr. Browne’s partner, Andrew S. Gordon, as trustee.

The other two lots are 3.7 acres each: 60 Further Lane last changed hands in April 16, 2008, from Richard Salomon to 60 Further Lane LLC, while 64 Further Lane was transferred on the same date from Richard Anderman to 64 Further Lane LLC.

The three separate lots seem to have been created from one larger parcel in the 1990s.

Elizabeth Fondaras sold 62 Further Lane to Mr. Browne in 2001 for $9.35 million; it is unclear if the other two lots were included in that purchase.

Mr. Browne died in December 2009. Mr. Gordon, whose subsequent inheritance Mr. Browne’s family had contested, died in September 2013.

The tax bill in 2001 on all three parcels was $26,400. It was $44,945 in 2013.

Original Story

An oceanfront estate on Further Lane in East Hampton has fetched the highest price for sales of its kind in the country—$147 million, according to reports in The New York Post.

Barry Rosenstein of the investment firm JANA Partners is reportedly the new owner of the 18-acre property near Two Mile Hollow Beach. The property formerly belonged to the late Christopher Browne. According to the Post, the sale of the house and property took place without a broker, and it and other details could not immediately be independently confirmed. Charles Penner of JANA’s media department declined to comment on Saturday.

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