Exclusive | Billionaire real estate mogul who just lost the Chrysler Building lists historic Hamptons home for $44M
Billionaire real estate mogul Michael Fuchs is looking to sell his swanky Hamptons estate at 797 Meadow Lane — slapping a $44 million asking price on the sprawling waterfront property, The Post has learned.The move comes amid a rough patch for the RFR Holding co-founder, who — alongside business partner Aby Rosen — recently got the boot from Manhattan’s iconic Chrysler Building after a bitter legal battle.Fuchs purchased the Southampton gem back in 2014 for a cool $6 million, buying it from the Elgort clan — famed shutterbug Arthur Elgort and his actor son Ansel, of “The Fault in Our Stars” fame.Now, the 3.2-acre retreat, boasting 406 feet of Shinnecock Bay frontage, is up for grabs.The main house spans 4,600 square feet with seven bedrooms and 6.5 bathrooms, plus a bonus two-bedroom boathouse ripe for development.
Think luxe perks like a heated pool by the water, a tennis court and calming views — not to mention ocean access just across the street.The listing details its “rare opportunity,” touting its prime spot minutes from Southampton Village.Bespoke Real Estate, which has the listing, declined to comment.A rep for Fuchs also declined to comment.Fuchs isn’t just cashing in on a beachfront beauty — he’s navigating choppy waters elsewhere.A Manhattan judge recently yanked RFR’s ground lease on the Chrysler Building, ordering Fuchs and Rosen to vacate the Art Deco landmark by January 27.
The ruling capped a messy dispute with Cooper Union, the downtown college that owns the land beneath the 77-story tower.Court docs reveal RFR owed more than $21 million in back rent after allegedly halting payments in June, prompting Cooper Union to start eviction proceedings in September.Things got uglier when RFR fired back with a lawsuit, claiming Cooper Union’s handling of Israel-Gaza protests on campus in 2024 spooked tenants and tanked the building’s appeal.The judge tossed the claim and hit RFR with damages for the unpaid rent.
Fuchs and Ro...