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Man Who Owns 28,500-Square-Foot Apartment In NYC Opposes 5,531 Square-Foot-Home In Southampton

… [John Paulson] is wading into a local housing controversy and arguing that a large-scale home proposed for a small-scale historic neighborhood on Hill Street in Southampton poses a “threat to our character” and the “peace and tranquility that makes our village what it is.” Mr. Paulson is one of some 85 area homeowners who penned letters to a local village review board. They object variously to the size, scale, scope and “visual incompatibility” of a speculative home planned on a vacant lot in an area where nearly a dozen nearby residences are more than a century old and roughly half or a third the size. The letter writers—socialites, financiers, artists, developers and the scions of a president and a governor—are opposing current plans for the 5,531-square-foot, single-family home on a 1.2-acre parcel being developed by Joe Farrell, a Hamptons builder whom critics have dubbed the “King of McMansions.” [WSJ via BI, related]

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8 Responses to “Man Who Owns 28,500-Square-Foot Apartment In NYC Opposes 5,531 Square-Foot-Home In Southampton”

  1. Hobbes says:

    It's interesting that the people concerned with the character of a neighbourhood have none of it themselves.

  2. machu picchu says:

    Pennypacker!

  3. Guest says:

    He's just upset that there aren't any gold fixtures in the bathrooms.

  4. Inquiring NJ Mind says:

    Are the McMansions part of the Breakfast or Lunch menu?

  5. Inquiring NJ Mind says:

    Are the McMansions a part of the Breakfast or Lunch menu?

  6. Trex says:

    Wasn't funny the first time douchebag

  7. LP investor says:

    Just more proof that professional investors tend to be major assholes

  8. WrteStufLA says:

    I think Paulson resides in a NYC townhouse, not an apartment.

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