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Community Corner

The Plans: Tepper's Reason for Razing Corzine’s Mansion

The hedge fund billionaire will build an even bigger oceanfront estate than the one he knocked down in Sagaponack.

Now that hedge fund billionaire David Tepper has leveled the 6.45-acre Sagaponack estate that he bought for $43.5 million last year from the ex-wife of former U.S. Senator and New Jersey Gov. Jon Corzine, plans are moving ahead on an even bigger estate on the property.

The new vision for 239 Gibson Lane includes an 11,000-square-foot-plus main house, according to plans filed with the Sagaponack Village Building Department, nearly twice as big as the mansion that once stood there. Add in the finished basement, and the new house will really be 15,000 square feet. Plans also include a 1,000-square-foot-plus three-car garage with a basement, a 550-square-foot pool house and a 270-square foot tennis pavilion.

The builder is of East Hampton. Jaquelin T. Robertson of Cooper, Robertson & Partners architecture firm in Manhattan presented the application to the Sagaponack Architectural and Historic Review Board. The demolition was approved March 18 and the new construction got the green light on April 15.

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The new mansion, which Robertson called a Georgian Colonial, will be red cedar shingled with mahogany trim around the windows. Robertson compared the trim to Thomas Jefferson’s Monticello.

The original mansion was built just about 20 years ago, according to Robertson. He said his client complained that while he could see the ocean over the dune from the second floor, the same could not be said about the first floor.

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The new first floor will include a solarium and covered porch. The second-floor plans include the dining room, master bedroom and a small Jacuzzi on an uncovered deck. Because his client’s request to be able to see the sunset, big octagonal windows will run all the way across the dining room, Robertson said.

The landscape will include bluestone walks and patios and flower gardens. Beach grass will be planted at the backside of the dune, which will strengthen it, according to Robertson.

According to the demolition permit, the old mansion was a two-story single-family dwelling. The estate also had a three-car garage, swimming pool and tennis court.

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