Hamptons' priciest mansion snatched up in one day by tycoon fleeing coronavirus

[Demovictory9]

https://nypost.com/2020/04/08/sandcastle-hamptons-priciest-mansion-rents-in-one-day-to-tycoon-fleeing-virus/

?quality=90&strip=all&w=1033


Joe Farrell snagged a tenant from March through Labor Day for $2 million, making Sandcastle (at 612 Halsey Lane in Bridgehampton) the East End's priciest rental ever.Farrell Building Company

Hamptons developer Joe Farrell has found a renter for his famed property, nicknamed Sandcastle.

It was on the market for $2 million from March until Labor Day, as we previously reported — making it the most expensive East End rental ever.

Farrell tells Gimme Shelter the Bridgehampton mansion rented for close to its asking price “to a textile tycoon and his family who were stuck in Manhattan and wanted to leave the city on a day’s notice. This was a COVID situation — not a normal summer rental.”

The 11-bedroom spread — which has hosted guests like Justin Bieber, Beyoncé and Jay-Z — rented in just one day.

That meant Farrell moved out of it in a “day and a half.” He’s now in his new home — “a sick flat-roof modern” by the beach, at 51 Sa

[Sherman A1]

1. Nice digs!

Even an airport next door in the back it seems based upon the VORTAC I see at the top of the photo.

[Demovictory9]

3. very nice digs. makes the mansion next door look shabby. I wonder which property owns the baseball

field

and the mansion has it's own mini-mansion to the back right... probably a guest house.

[underpants]

7. Can't find for sure but that could be a public park.

Just a guess.

[mahatmakanejeeves]

2. Is that a farm next door? Who can afford to have a farm in such pricey territory? NT

[Demovictory9]

4. to the right? I think that's a mansion under construction

[mahatmakanejeeves]

5. No, at the bottom of the picture. Aren't those rows for crops? NT

[underpants]

6. Definitely crops.

From the maps I’ve been able to find it looks like there’s a creek running through it so maybe it can’t be developed. It could be prospective real estate or, even though most of the farm loopholes are supposedly done away with, used for tax purposes. These people can afford good accountants.

[Cirque du So-What]

8. I recall numerous potato farms on the east end of Long Island

but that was 45 years ago, and I haven't been there since.

[BusyBeingBest]

13. Looks like it. Maybe that's a hay or alfalfa operation.

Lots of equestrian interests in the area, I'd bet.

[hatrack]

9. Too bad there are already 17,000 confirmed cases in Suffolk County, 300+ deaths

Good luck there, "tycoon".

[Demovictory9]

11. that property is big enough for him to remain isolated as long as no staff needed

[hatrack]

12. Doesn't strike me as the kind of guy who mows his own lawn or cooks for himself . . .

Then again, just a guesstimate on my part.

[Blue_true]

22. The family will need to buy food at some point.

Basically, it is difficult for them to avoid contact with at least a few locals.

[MFM008]

10. Unless the water

Is lapping my front lawn
Its garbage.

[Hortensis]

14. :) Overall, underimpressed. Our decrepit old mobile home

is bordered on 2 sides by marsh and wildlife preserve, as is the entire tiny neighborhood, so we have quiet and beautiful views. We have good neighbors not too close but close enough to help if needed. That manse can't be any more comfortable than ours, except for the pool I grant. But we don't need even one staffer to keep the dust from piling up, our lawn from turning into a weed lot, and the pool from turning green, much less skeleton staff of a dozen.

[Demovictory9]

18. sounds lovely...the kind of neighborhood that gets eminent domained for the rich

[Hortensis]

20. Lol. No, in FL that's the coast. The wealthy are squeezing

people out of there. We had a place in a park on saltwater, but between sea level rise, constant winds blowing my aging husband off the water too often, and my own dislike of salt in my hair all the time, we sold and moved inland to a lakes area where my husband could be out most of the time, bought this place for next to nothing. On purpose.

We're 4 feet below what used to be considered 100-year flood zone, but no more. Regular residential construction isn't allowed. Strictly speaking, this is a big bowl bounded on two sides by a river that could back up and fill it if a hurricane insisted, and much of the the marsh water is the Floridan aquifer come to the surface, plus a whole lot of sinkholes.

I'm looking at a gorgeous view right now, though, nice breezes are the norm, and my husband caught a 5-lb bass in his bathroom this morning before setting off to a nearby lake for serious fishing. And as hurricanes approach, we're hundreds of miles away wishing it well.

[lpbk2713]

15. Something that size will require a lot of staff.

And they will be going in and out of the community.

Good luck to all.

[Disaffected]

16. Don't feel left out,

the place is also for sale at $40 mil.

https://www.hamptonsrealestate.com/eng/sales/detail/524-l-526-100500/612-halsey-lane-bridgehampton-southampton-town-ny-11932

[Demovictory9]

17. it's big but doesn't seem worth 40 mil. no views, hemmed in by neighbors

[Disaffected]

19. Location, location.......

You are right however - I guess I'll pass on this one.

[LiberalFighter]

21. How much for maintenance?