Tom Ford buys a $52 million New York home – Rob Report
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Just eight months ago, Tom Ford paid private equity expert Rob Heffert a staggering $51 million for a sleekly designed contemporary mansion in Palm Beach. But just weeks ago — as part of an off-market deal expected to exceed $100 million, according to The Real Deal — the fashion mogul traded that spot with Brian Kosoy, CEO of real estate private equity firm Sterling Organization, for a larger South Florida spread.
Now, Ford has turned his attention to New York, having shelled out an equally impressive sum of cash for a historic estate in the East Hamptons that served as a summer retreat for Jacqueline Kennedy Onassis, as first reported by The Wall Street Journal.
Records show Ford paid media producer David Zander $52 million for the house, which was originally listed for $55 million. The residence was previously owned by fashion designer and retail executive Reed Krakow and his wife, Delphine, who sold it to Zander for $24 million in 2018. Long before that, the property was known as Lasata — a Native American word meaning “place of peace.” – It was owned in the 1920s by the grandfather of the former First Lady, John Vernoux Bouvier Jr.
Set amidst a 7-acre plot of land, just blocks from the Atlantic Ocean, Ford’s newly acquired complex was designed by architect Arthur C. Jackson and was completed in 1917. Recently restored by its current owner, the multi-building property is highlighted by an eight-bedroom main house with 8,500 square feet of living space designed by Pierre Jovanovitch and featuring tall casement windows and coffered ceilings. Wooden beams throughout.
There’s also a two-bedroom guest house, a caretaker’s cottage, a pool house, and a three-car garage with workshop, as well as grounds designed by Louis Benesch and accented with lush lawns, mature specimen trees and a flower meadow.
Ford, a Texas native, recently sold his eponymous brand to Estée Lauder Cos. In a deal worth about $2.8 billion, he also maintains a Holmby Hills estate for which he was paid nearly $40 million by the late socialite Betsy Bloomingdale in 2016, as well as homes in New York City, London and Santa Fe.
The Lasata listing was maintained by Eileen O’Neill of the Corcoran Group and Ed Petrie of Compass. Frank E. Newbold of Sotheby’s International Realty represented Ford.