Hamptons mansion selling for $38 million has one big catch: You can’t live in it
Harry Macklowe, one of New York City’s most brazen developers, has listed his Hamptons home facing exclusive Georgica Pond — with neighbors like Steven Spielberg — for $38 million.
The catch is that it's uninhabitable. Becausethe mansion lacks a certificate of occupancy, the new owners won’t be legally allowed to move in.
Macklowe illegally cleared land on the property and built additions without permits, endangering the wetlands and garnering fines for more than 21 violations that haven’t been paid for five years, East Hampton officials say.
The construction of the Hamptons house reminds many of Macklowe’s unlawful demolition of buildings on W 44th street in New York.
Inside the luxe $2M Queens home with water views where a squatter is living it up