Real-estate mogul Steven Roth purchased his longtime East Hampton home, as shown in listings photos here, in 1994.
Photo: Compass
Steven Roth, the Vornado chairman, is known as one of the savviest players in Manhattan real estate. Over the last few years, he’s been busy selling off the city’s most expensive condos at 220 Central Park South, creating “the Penn District,” and weathering the commercial real-estate crisis. But he’s also been doing a number of residential deals in the Hamptons of late. A few years ago, he finally managed to flip Bernie Madoff’s oceanfront home in Montauk, after overseeing a Thierry Despont renovation there, for $14 million (although it took a while). Now, he and his wife, Daryl, a Broadway producer, have listed their longtime home at 107 Apaquogue Road in East Hampton with the Petrie team at Compass, asking $19.5 million.
The house at 107 Apaquogue, as shown in listing photos, has a living room with a fireplace, a guesthouse, and a landscaped 1.35-acre lot.
Photo: Compass
The Roths bought the four-bedroom, five-bathroom home back in 1994 for $3.5 million, property records show. It’s a charming shingle-style house, big but not ostentatious, near Georgica Beach. There’s also a guesthouse and a pool large enough to do laps in, situated on a landscaped 1.35-acre lot. It seems, frankly, rather toned down for someone of Roth’s caliber. (Although very much in line with the understated luxury at 220 Central Park South.)
The pool, as shown in listing photos, is large enough to do laps in.
Photo: Compass
While an Architectural Digest story from 2013 suggested that the couple was living in the old Madoff house, a 1980s affair with stunning views perched perilously close to the ocean, Roth appears to have bought a different property in 2015 — 23 Hedges Lane, an old Tudor-style house in East Hampton, for $22.05 million. It was purchased through an LLC, and Roth was listed as the owner at a 2019 zoning meeting, when he was doing some work on an accessory dwelling, tennis court, basketball court, pond, and arbor. The Hedges Lane house, while also extremely tasteful — built in 1929, it’s an old-money Hamptons estate — is indisputably a mansion: eight bedrooms, 7.5 baths on five acres with a pond and old-growth trees. The Roths, are, presumably, now finished with construction and moving into their new place.
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