While Mr. Rennert triumphed, he paid a price in losing the anonymity he has clearly always preferred. “Rennert had nothing to do with it,” he said. southampton, new york (Those charges were answered with announcements from the company, Doe Run Peru, of a series of successes in a campaign to improve its environmental performance.). One of Mr. Rennert’s least controversial business moves was his purchase of the military contractor AM General, maker of the U.S. Army’s all-terrain HumVee vehicles, for $133 million in 1992, and the launch into the luxury SUV market with the 2.5-ton Hummer. He was profiled in several glossy magazines after the media picked up on the irresistible saga of a billionaire’s battle against Hamptons millionaires and their local neighbors out in sleepy Sagaponack. The rear yard features a custom 25' x 50' heated gunite pool with a built in spa, tennis and basketball court, outdoor shower, outdoor kitchen, and a superb vegetable garden for the inspired chef. You've read 7 of your 7 free articles this month.Please subscribe to continue reading. It has been sent. FAIR HOUSING DISCLAIMER. You've read 4 of your 7 free articles this month. “But it certainly could be subdivided,” he said, “though even that would be problematic because of the size of the house and the other structures.”. water mill, new york Perhaps if reclusive billionaire Ira Rennert had lived a century earlier, Fair Field, his 100,000-square-foot beachside compound, might have inspired something closer to awed admiration than the shock and outrage that erupted when it began to take shape in 1998 on nearly 65 acres in Sagaponack. Southampton Hospital is one local institution that has benefited from Rennert philanthropy—the Rennerts were “Diamond Circle” donors to the annual summer party in 2007—but most of his charitable giving has been devoted to Jewish and New York City causes. We're happy you are enjoying our content. If you are interested in joining the Bespoke Team, please fill out the form below and attach your resume. Neighbors, outraged by the scale and grandiosity of Mr. Rennert's plans for Fair Field, united to form the Sagaponack Homeowners Association in the late 1990s. sag harbor, new york Privacy by means of the mature and meticulously maintained flora, fauna and perfectly hedge-lined perimeter. For Private Market listings, clients can expect discreet, one-to-one service that meets their privacy needs. Bespoke Benefits® program is exclusively offered to our clients. He said that, to his knowledge, there have been no complaints to the village about activities at the Rennert compound, no problems at all. Some in Sagaponack worry about what the future would hold for Fair Field should Mr. Rennert one day find himself in financial difficulties. The June 2007 article in The Nation also noted that Rennert’s supporters have included Elie Wiesel, the Nobel Peace Prize-winning Holocaust survivor, and Rabbi Yaakov Kermaier of the Fifth Avenue Synagogue in New York, who described his synagogue’s chairman as “a person of extraordinary generosity and unimpeachable personal integrity.”. The village now has zoning laws that would not permit a building on that scale, he said. Please log in. The mansion—modeled on Chenonceaux in France’s Loire Valley, with 90 bedrooms, six elevators, a 116-foot tower, a 60-foot pool, bowling alley, gymnasium, and its own power plant—took up an entire city block. An elevator can reach all three levels, while the master bedroom suite is privately nestled in the uppermost level and features stunning views of the expansive rear yard. Sagaponack, New York (NY), US Fair Field estate is one of the largest occupied residential compounds in the United States. Additional outdoor amenities include outdoor shower, kitchen and superb vegetable garden for the inspired chef. This program incorporates our client’s personal passions, and creates venues for collaboration and cross promotion of our portfolio of properties amongst our internal and external networks. quogue, new york bespoke.marketing Bespoke Real Estate is an Equal Housing Opportunity Broker. BRIDGEHAMPTON, NEW YORK Sagaponack, New York white page directory listings include full name, phone number and address. bespokerealestate The takeover didn’t happen but the threat did force his hand and convince him to keep the pension plan going. Because of reports that the waterfront acreage had been purchased from Daniel Shedrick for $11 million, and rumors that the somewhat reclusive Ira Rennert, head of a privately owned, Manhattan-based holding company, the Renco Group, was planning something big for the property, attendance at the ARB session was perhaps better attended than it might otherwise have been on a wintry night in January, but there were no overflow crowds. There was nothing illegal about a big house and a bunch of outbuildings as long as they were in compliance with all the codes and regulations, which they were. The Bespoke Private Market is a premier collection of off-market opportunities handled exclusively by Bespoke. Sagaponack, NY White Pages Run a search by name for anyone in Sagaponack, New York & get free white pages information instantly. The main level's customized kitchen is more than grand with its custom paneled ceilings, custom cabinetry, deluxe Wolf range, and ultra top of the line appliances. In 2004, Mr. Rennert sold a majority stake to Ronald Perelman’s MacAndrews & Forbes Holding Company for $930 million. Privacy by means of the mature and meticulously maintained flora, fauna and perfectly hedge-lined perimeter. bespoke.magazine Be the first to know about our $10M+ exclusive listings, private events, global projects, strategic partnerships and more. water mill, new york Community opposition was not grounds for declaring the plans unacceptable. bespoke pinterest, Hamptons: 631.500.9030 sagaponack, new york Bespoke Real Estate LLC is a licensed Real Estate Broker. Please click the“contact/advertise” link in the menu bar to email us. The zoning code would not permit its transformation into a school, according to Mr. Louchheim. In 2006, the Rennert story got new legs in the media when it looked as though Fair Field might be at risk of confiscation by the feds were he to stonewall their attempts to make him deliver on hundreds of millions of dollars in pensions promised to a group of steelworkers at WCI in Ohio. He didn’t do anything illegal, even though people were incensed.”, Asked whether Mr. Rennert’s presence has had any noticeable impact on life in Sagaponack, which incorporated as a village in 2005, Mayor Don Louchheim indicated that it had not. sag harbor, new york | PRIVACY POLICY. Google Maps southampton, new york Built in 2003 Fair Field is a large private house in the Hamptons, Long Island, in New York State in the United States. One board member did hint at what was to come, confessing reservations about the project’s scale and suggesting that members ought to visit the site. Manhattan, New York, quogue, new york This one-of-a-kind platform created to integrate our luxury brand partners’ unique and customized offerings into our member’s personal and professional lives. It was acknowledged that the size of the house was extraordinary, but pointed out that so, too, was the property. It is owned by Ira Rennert. Rennert is a graduate of Brooklyn College in 1954, and earned his master's degree from New York University's Stern School of Business in 1956, where he later was on the Board of Overseers. This pure bliss three level home, set on 1.5 acres+/-, was designed by Abraham Development and features nearly 10,000 SF+/-, 7 bedrooms and 9.5 baths. [1] [2] It has a floor area of approximately 64,000 sq ft (5,900 m 2 ) and is valued at $249 million for tax assessment purposes. [1][2] It has a floor area of approximately 64,000 sq ft (5,900 m2) and is valued at $249 million for tax assessment purposes.

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