The man behind big-time Manhattan projects like Superior Ink, the Time Warner Center, and Residences at Mandarin Oriental Condominiums—David Wine—is set to leave his post at The Related Cos. to start his own "real estate development, investment and brokerage company." And while we're psyched for him, we wonder how the new venture will impact his presence in the Hamptons. If you recall, Wine made a splash in the East End market earlier this year after listing a $14.95 million "Malibu-style" home, which he developed on a plot of oceanfront land. Sure, the house hasn't sold yet, but it's fun to look at. And for that reason, we'd like to see him do more stuff out here. Wine did tell the WSJ he's been going to some open houses, so maybe all is not lost.
· Related Cos.' exec exits, forms own firm [Crain's New York]
· Listing: Modern Oceanfront Masterpiece [Sotheby's]