Last month, 17 acres in Sagaponack at 615 Daniels Lane went up for sale with a price tag of $110 million, but the listing has already been pulled after one of the owners said the land had been put on the market without his consent.
The co-owners are developers and brothers Stephen and Barton Mark Perlbinder, who purchased 27.5 acres stretching from Daniels Lane to the ocean in 1969. Each brother had a home built on the oceanfront, while the in-land acres remained vacant.
Representatives for Stephen Perlbinder said last week that he did not give his required approval to sell the land and that the listing was being taken down. By the weekend, the listing was no longer online.
If the 17 acres were to be sold, they could potentially yield up to six estates under R-120 zoning, which permits one residence per 2.75 acres. They include most of a 60,000-square-foot, man-made pond that was dug in 1998 to provide the sand needed to rebuild a dune in front of Stephen Perlbinder’s Norman Jaffe-designed home. An ocean-access right of way runs between the two Perlbinder homes.
Staff Writer on May 31, 2021