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Real Estate Center

Jul 22, 2011 10:30 AMPublication: The East Hampton Press & The Southampton Press

Bloomberg In Contract To Purchase Hamptons Home

Jul 25, 2011 9:00 AM

New York City Mayor Michael Bloomberg is buying a house in the Hamptons, according to an agent familiar with the transaction.

The New York Post reported on Wednesday, July 20, that Mr. Bloomberg had “quietly” purchased Ballyshear, a 12-bedroom, 22,000-square-foot $20-million Georgian mansion on a 35-acre estate on Whites Lane in Shinnecock Hills.

The home, which went on the market in April for $22.5 million, was represented by Prudential Douglas Elliman, though the listing has now been removed from the company’s website.

According to Southampton Town documents, the bulk of the property, which could contain up to six parcels, has been owned by Charles S. Holmes of Rutherford, New Jersey, for more than 20 years.

The land is nestled between Whites Lane, Millstone Brook Road and Barkers Island and is surrounded on three sides by reserve. The property is adjacent to the Tuckahoe Swamp Preserve and borders 34 acres of Southampton Town-owned, protected property.

Ballyshear was designed around the turn of the 20th century by architect F. Burrall Hoffman Jr. for Charles Blair Macdonald, the “father of American golf course architecture,” who has been credited with building the first 18-hole golf course in America at the Chicago Golf Club. The gardens at Ballyshear were designed by Rose Standish Nichols and Annette Hoyt Flanders. An aerial view of the property shows a swimming pool and tennis court.

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And we should care why?
By itsamazing (224), Southampton on Jul 22, 11 2:08 PM
2 members liked this comment
He quietly purchased it huh? Its been press released to the ap, on every blog, in every real estate paper, in every ny area news paper and now we are supposed to know who f. burrall hoffman, jr. is...let's hope nobody noisily buys a big estate hahahaha, only in the hamptons.
By HSA (68), southampton on Jul 22, 11 2:28 PM
1 member liked this comment
There's room for at least two helipads ...
By Toma Noku (616), uptown on Jul 22, 11 6:45 PM
Holy Non-Story, Batman!
By YesYesBub (58), East Hampton on Jul 22, 11 8:10 PM
Who cares???
By honeylamb (71), East Quogue on Jul 23, 11 6:06 PM
You, apparently.
By progressnow (556), sag harbor on Jul 23, 11 7:25 PM
You should care. This house which is selling for $ 20 million has taxes of $42,000. When you consider that the Shinnecock Hills tax rate is over $ 7 per thousand it should actually be paying over $ 130,000. But hey, rich people in the Hamptons, Bloomberg included, don't pay their fair share.

This is nothing new. Everyone abuses this local community. I guess we should just be used to it
By tuckahoeptomember (9), Southampton on Jul 24, 11 12:43 PM
1 member liked this comment
I just think of all the nice brick work my son has done on that place for Mr. Holmes. The view from the roof topis spectacular the chimneys of course are a work of art. Further bragging.... My grandfather's company did the original mason work for Mr. MacDonald. But's that's history now and a new man takes over.
By summertime (589), summerfield fl on Jul 24, 11 5:47 PM
It's not the worse thing in the world to have billionaires move onto your town and spreading that dough around.
By Mets fan (1501), Southampton on Jul 25, 11 1:47 PM
When they jack up the cost of everything around you, including the prices of homes for your children, yeah, it is.
By Mr. Z (11847), North Sea on Aug 3, 11 8:05 PM