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Sagaponack Newswire (Page 7)

Sagaponack Newswire (Page 7)

Comprehensive Real-Time News Feed for Sagaponack, NY. (Page 7)

Results 121 - 140 of 206 in Sagaponack, NY

  1. Jury: Billionaire Looted Mining Firm MagCorp; Trial Eyed Huge HomeRead the original story w/Photo

    Feb 27, 2015 | CBS Local

    ... The trustee said Rennert used some of that to build his 100,000-square-foot, 29-bedroom beachfront complex in Sagaponack. Rennert's defense said MagCorp. failed because of the early 2000s recession. It said the dividends didn't connect to the ...

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  2. Ira Rennert, owner of $250M Sagaponack mansion, found liable for looting magnesium companyRead the original story w/Photo

    Feb 27, 2015 | Newsday

    ... more than $100 million from Magnesium Corporation of America in the 1990s to line his pockets and build his Sagaponack mansion, the largest home in the United States. MagCorp went bankrupt in 2001. Rennert's lawyers argued it was because of a drop ...

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  3. Ira Rennert's Hamptons compoundRead the original story w/Photo

    Feb 27, 2015 | The Real Deal

    A federal jury ordered billionaire Ira Rennert and his company to pay $118 million for looting his mining firm partially to help pay for a Hamptons megamansion. The verdict brings to a close a month-long trial in which Rennert stood accused of driving his mining company, MagCorp, into bankruptcy by improperly diverting company funds for his own personal use, including building a massive estate in Sagaponack on Long Island.

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  4. UPDATE 1-Billionaire Rennert, firm must pay $118 mln for looting company -juryRead the original story

    Feb 27, 2015 | Reuters

    ... to finance the construction of an oceanfront, 43,000-square-foot mansion with 21 bedrooms and 18 bathrooms in Sagaponack, New York, among other expenses. In court papers, Rennert's lawyers described the case as an attempt to twist the story of a ...

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  5. Ira Rennert Ordered To Pay $118M for Looting FirmRead the original story

    Feb 27, 2015 | Forward

    ... to finance the construction of an oceanfront, 43,000-square-foot mansion with 21 bedrooms and 18 bathrooms in Sagaponack, New York, among other expenses. In court papers, Rennert's lawyers described the case as an attempt to twist the story of a ...

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  6. SHARE: Not Your Average Art Book: Each of the 50 pages is an artwork...Read the original story w/Photo

    Feb 27, 2015 | Cool Hunting

    ... a true artist. His time—much of it, anyway—is spent cut off, alone and hard at work in his studio in Sagaponack, NY. But he has always voraciously read the newspaper to... In the second installment of our series of interviews with small ...

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  7. Ira Rennert's sprawling mansion in the Hamptons and Ira RennertRead the original story w/Photo

    Feb 25, 2015 | The Real Deal

    Billionaire Ira Rennert's Hamptons mansion would be valued at $500 million in today's market and would be the most valuable estate on the fanciest stretch of Long Island. Rennert allegedly used money from his magnesium empire MagCorp - which went bankrupt in 2001 and was named one of Utah's largest polluters by federal authorities - to build his 29-bedroom, 39-bathroom mansion in Sagaponack, according to a lawsuit against him cited by Crain's The house is one of the largest private homes in the country and could be the most expensive estate in the Hamptons, according to the website.

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  8. Books & Stories That Take Place on Long IslandRead the original story w/Photo

    Feb 25, 2015 | LongIsland.com

    ... moved into their new, suburban home in Amityville. A Widow For One Year by John Irving - Read main character, and Sagaponack native, Ruth Cole's story as she reveals her life through three different time periods of her life.

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  9. Lawyer to jury: Ignore Ira Rennert's $500M mansionRead the original story w/Photo

    Feb 24, 2015 | Crain's New York Business

    ... his 29-bedroom, 39-bathroom mansion , one of the largest private dwellings in the U.S. The seaside property in Sagaponack, N.Y., and its Italianate home, which also boasts a 164-seat theater and 100-car garage, were valued at $170.2 million in 2004. ...

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  10. Neighborhoods: Profiling Sag Harbor, a Small But Fascinating TownRead the original story w/Photo

    Feb 24, 2015 | Curbed

    ... between 1707 and 1730. It's named for a tuber the local Native Americans raised called sagabon (as is neighboring Sagaponack). Because it offers a protected deepwater harbor , the town became a very active port. By 1789 Sag Harbor had more tons of ...

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  11. Lawyer: $500M mansion not key to Rennert looting caseRead the original story w/Photo

    Feb 24, 2015 | Crain's New York Business

    ... his 29-bedroom, 39-bathroom mansion , one of the largest private dwellings in the U.S. The seaside property in Sagaponack, N.Y., and its Italianate home, which also boasts a 164-seat theater and 100-car garage, were valued at $170.2 million in 2004. ...

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  12. Summer Rental Roundup: The 2015 Summer Rental Roundup: BH, SP EditionRead the original story w/Photo

    Feb 19, 2015 | Curbed

    Hamptons rentals run the gamut from modest to superlative, from reasonably priced to Holy Crap! We'll bring you three rentals per destination in various prices as we head east. Today's Summer Rental Roundup features the leafy enclaves of Bridgehampton and Sagaponack.

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  13. Madoo Talks Lecture Series Opens with Lindsey TaylorRead the original story w/Photo

    Feb 17, 2015 | Sag Harbor Online

    The Madoo Conservancy in Sagaponack will host its Madoo Talks Winter Lecture series in February and March, opening with Lindsey Taylor, one of the authors of "The Gardener's Garden," a book that explores gardens from around the world and throughout the ages meant to serve as an inspiration to the modern-day gardener.

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  14. Outdoor work at Wolffer Estate goes on in winterRead the original story w/Photo

    Feb 14, 2015 | Examiner.com

    ... Road; the WA lffer Wine Stand at 3312 Montauk Highway, and WA lffer Estate Stables at 41 Narrow Lane East, all in Sagaponack, Suffolk County. Main phone: 631-537 5196 for the winery and wine stand, 631-537-2879 for the stables.

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  15. Sold Stuff: 1.5 Acres on the Ocean in Sagaponack Sells for $13MRead the original story w/Photo

    Feb 12, 2015 | Curbed

    ... $13.5M, and was pricechopped $550K two weeks later. Now it's in contract. We think for 1.5 acres on the ocean in Sagaponack, $12.95M is a pretty good deal . We kind of like the rustic 1930s cottage, vintage sink, scalloped trim, usable shutters and ...

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  16. Great Spaces Presents: The Best and Worst Neighbors of 2014Read the original story w/Photo

    Feb 11, 2015 | Natl. Relocation & Real Estate

    ... like retreating to the country, he's in luck; Fallon also owns an 1800s farmhouse-style home on two acres in Sagaponack, N.Y., which he purchased in 2011. Want instant access to great articles like this for your blog or newsletter? Check out our ...

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  17. The ultimate renter's guide to the HamptonsRead the original story w/Photo

    Feb 10, 2015 | Silicon Alley Insider

    ... is renowned for its rural beauty and has some of the most scenic beaches in the area. The major downside of Sagaponack is that its too small for any theaters or shopping. For those, you would need to travel to nearby Southampton or East Hampton. But ...

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  18. Sagaponack Billionaire Sued For Allegedly Stealing Over $100 Million From CompanyRead the original story w/Photo

    Feb 6, 2015 | Patch.com

    Billionaire Ira Rennert is being sued for allegedly stealing more than $100 million dollars from his company, MagCorp, to pay for his Sagaponack estate in the late 1990's according to multiple reports. Lee Buchwald, the trustee of the company, which produced magnesium before it went bankrupt in 2001, claims that Rennert stole the money between 1996 and 1998, knowing it would weaken the company, according to The New York Post.

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  19. Pricespotter: Big Reveal: How Much for a Shingled Traditional in Sagaponack?Read the original story w/Photo

    Feb 5, 2015 | Curbed

    Address : 211 Toppings Path, Sagaponack Price : $1,500,000 Results were mixed this week, but the most popular answer, $2.25M, was off by $750K. We didn't think the place was so bad, given the low price, but commenters were seriously underwhelmed.

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  20. Reclusive billionaire friend of Bernie Madoff appears in court for...Read the original story w/Photo

    Feb 3, 2015 | Daily Mail

    ... led the company to file for bankruptcy. Above, another aerial view of Rennert's 62,000-square-foot estate in Sagaponack named Fairfield Amentities: On Tuesday, 10 mostly middle-class jurors were shown pictures of Rennert's estate which boasts 29 ...

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