As you may recall, last fall, Appaloosa founder David Tepper told New York that it would be fair to interpret the fact that he bought the $50 million beach house belonging to the ex-wife of Jon Corzine, the man who passed him over for a Goldman partnership, with the intent of demolishing it and building a bigger, better house in its place as his way of rubbing his success in Corzine’s face. “You could say there was a little justice in the world,” Tepper, who left Goldman to found his hedge fund and become a multi-billionaire, said with a smile on his face. Today brings word that Tepper’s dream will be seen to completion- Sagaponak has approved the demolition of the home, as well as Tepp’s request to build a much more luxurious house (large enough to accommodate his noted balls), where the hovel once stood.

Architect Jaquelin Robertson of Cooper Robertson Architects told the Sagaponack architectural and historic review board that the new home would be a cedar-shingled two-story Georgian Colonial-style house and compared the mahogany window trim to renovations at President Thomas Jefferson’s Monticello, according to minutes from the board’s March meeting.

The design outlined at that meeting includes large, octagonal windows that will run across the second floor dining room “in order to accommodate his client’s request to be able to see the sunset,” Robertson said in the minutes. The plan also features a sunken tennis court, three-car garage, a widow’s walk, second-floor decks including one with a Jacuzzi, and a covered porch. The new house would be 21 feet farther from the beach.

[Newsday via Curbed]

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Comments (81)

  1. Posted by Gatsby | April 26, 2011 at 9:42 PM

    In any case, it was just personal.

  2. Posted by Jimmy The Surfer | April 26, 2011 at 9:48 PM

    Pure class.

  3. Posted by Mexi-Cant | April 26, 2011 at 10:06 PM

    Pwn n00b l33t.

  4. Posted by Takin' It Off Boss! | April 26, 2011 at 10:14 PM

    Living well is the best revenge.

    -Bernie Madoff

  5. Posted by Corzine's driver | April 26, 2011 at 10:19 PM

    Put your seatbelt on folks, this one’s about to get ugly.

  6. Posted by Sc | April 26, 2011 at 10:22 PM

    ballsy

  7. Posted by Justice | April 26, 2011 at 10:34 PM

    Shouldn’t Tepper be thanking Corzine? He saved him from the drudgery of being worth only a hundred million or so.

  8. Posted by Biffy | April 26, 2011 at 10:38 PM

    I hope the neighbors welcome him to the neighborhood by leaving a bag of flaming homeless people on his porch everyday for a year.

  9. Posted by Guest | April 26, 2011 at 10:45 PM

    agreed.

  10. Posted by derp | April 26, 2011 at 10:50 PM

    Ah ah. You lay another finger on me, I burn the house down and piss on the ashes.

    -Shooter

  11. Posted by Mrs. Corzine | April 26, 2011 at 11:04 PM

    Wouldn’t it have been cheaper if he just f***** the former Mrs. Corzine and bragged about it?

  12. Posted by Guest | April 26, 2011 at 11:12 PM

    slash more effective? why the hell should corzine care about this? it’s not like tepper is burning down his childhood home.

  13. Posted by Guest | April 27, 2011 at 12:04 AM

    Noted. Thanks.

    - Tepper

  14. Posted by Guest | April 27, 2011 at 1:17 AM

    I think Corzine is a tool but I don’t have Tepper’s money so I shit in Corzine’s mailbox.

  15. Posted by Anonymous | April 27, 2011 at 1:23 AM

    Hey Tep! I’m looking for a place to crash. It’s cool, right? My rent check’s always written on time. No doubt.

    - Nails

  16. Posted by A_Burr | April 27, 2011 at 12:56 PM

    Real men duel

  17. Posted by Dark Helmet | April 27, 2011 at 1:28 PM

    So… Corzine! At last we meet for the first time for the last time!

  18. Posted by Sagaponak Douche | April 27, 2011 at 1:47 PM

    What, that old trick?

  19. Posted by Guest | April 27, 2011 at 2:10 PM

    WTF? Tepper would be doing me a favor if he was demolishing my ex-wife’s house

  20. Posted by Guest | April 27, 2011 at 3:30 PM

    seriously.

  21. Posted by J. Kiernan | April 27, 2011 at 5:55 PM

    Need a houseguest for summer? I will make you fresh lemonade and shave your back each morning. Actually, I’ll do that even if you don’t invite me for the summer.

  22. Posted by Anonymous | April 27, 2011 at 7:39 PM

    ..with brass nuts!

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    55 million donation to Carnegie Melon

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