Amazing Sand Pile Grows On Further Lane

Hedge fund manager Barry Rosenstein continues to rankle his Further Lane neighbors with construction on his $147 million East Hampton estate. First it was ongoing noise and vibrations in the ground from pile driving, and now it's the mammoth sand hill that has crested the oceanfront horizon.

Apparently the result of excavation to build a new foundation after the main house was demolished, the desert-like sand pile has become an eyesore for already-miffed residents, according to The New York Post.

At East Hampton Village Hall, officials confirmed that they have fielded questions from residents curious about all the noise, especially from the pile driving, but not about the sand pile. No complaints were lodged and no citations have been issued by the village, they said.

Public records show that the activist investor plans to build a 16,300-square-foot mansion with a host of amenities, including a theater and projection room, walk-in freezer, staff lounge and two wine rooms. There will also be a bar off the living room, a space for yoga, and an outside area known as “Barry’s Terrace.” A pool house will complement a reflecting pool as well as an 82-foot lap pool.

The tycoon broke real estate records in May 2014 when he purchased the 16-acre property for $147 million. The estate is actually a combination of three separate lots: 60, 62 and 64 Further Lane, a road well known for its extravagant estates.

Christopher Browne, of Tweedy, Browne, a New York investment firm, had owned the property until his death in December 2009. The estate went to his partner, Andrew Gordon, who died in September 2013. It apparently reverted to Mr. Browne’s family and was overseen by trustees.

Mr. Rosenstein began work on the property this summer, about a year after he purchased it.