Madoff purchased the property back in 1980 and finished building the home two years later before the government seized it in 2009. The same year, it was listed for $8.75 million and sold for above ask just a month and a half later for $9.4 million to Vornado Realty Trust founder and chairman, Steve Roth, and award-winning theater producer, Daryl Roth.
The Roths recruited renowned architect, Thierry Despont, to complete the renovation of the estate, which now features a double-height great room with a 30-foot high stone fireplace, floor-to-ceiling windows, a curved sitting area with ocean views, and a state-of-the-art kitchen.
In addition to the master suite—which is accessed by its own private staircase, has a private oceanside deck, and features heated Travertine floors in the bathroom—there are two more bedrooms and two more bathrooms in the 3,000-square-foot home.
Sited on an acre and a half of oceanfront land on a protected bluff, the house wouldn’t be allowed to be built today due to zoning restrictions. Outside, there’s a new heated free-form gunite pool, cabana, and 180 feet of direct ocean frontage.
The furnishings could be available to sale as well for those who want a totally turnkey Hamptons home. The estate is listed under Corcoran Group’s Gary DePersia and Joan Hegner.
For tips and corrections, please email email@example.com