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Harry Macklowe, a prominent developer in New York City, has put his Hamptons home up for sale at a hefty price of $38 million. The property, located near Georgica Pond with notable neighbors such as Steven Spielberg, has one major drawback – it is currently uninhabitable. This is due to the fact that the mansion does not have a certificate of occupancy, making it illegal for anyone to move in.
Macklowe’s actions of clearing land and making additions to the property without proper permits have led to over 21 violations and unpaid fines for the past five years, as confirmed by East Hampton Village officials. This situation mirrors his controversial past, such as the unauthorized demolition of buildings on West 44th Street in 1985.
Despite the legal complications and lack of proper certification, Macklowe is asking for an exorbitant price for the house. Many insiders estimate its true value to be much lower than the listed amount. The ongoing legal battle between Macklowe and the East Hampton Village Zoning Board of Appeals further complicates the situation, leaving the property in a state of limbo.
The property, which Macklowe purchased in 2017, features four bedrooms, a pool, and sits on 2.7 acres of land. However, his unauthorized construction near wetlands has raised concerns among village authorities. Macklowe’s controversial actions have also extended to his personal life, including disputes with neighbors and ex-spouses.
Despite the challenges surrounding the property, Macklowe has chosen not to comment on the situation. His history of disregarding regulations and pushing boundaries continues to raise eyebrows within the real estate community. The future of the Hamptons home remains uncertain as legal battles persist.
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