Sagaponack, NY - U.S. Billionaire Seeks To Expand Hamptons Compound
Sagaponack, NY - The billionaire owner of one of the largest mansions in America wants to expand his Hamptons estate.
Ira Rennert has applied for permission to add a pilates studio, spa bath, sauna and steam shower, and three bathrooms to one of his pool houses. They’re on his 63-acre oceanfront estate near Southampton.
Newsday (http://bit.ly/11YebJT ) cites a zoning variance application that says the pool house currently has only one bathroom. The other closest bathroom is in the main house. It’s “over a 200-foot, several-minute, indirect walking distance away.”
The 64,389-square-foot home was built in the 1990s despite neighbors’ protests.
Rennert’s attorney expects the issue to come up at a Sagaponack (sag-uh-PAHN’-ihk) village zoning hearing in August or September.
The junk bond investor’s net worth is listed by Forbes at $6.5 billion.
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