Though the seller isn’t identified, a video walk-through Wednesday by CBS News of a Rumson on the market for $17.2 million was clearly shot in hedge fund tycoon George Hall’s 18,000-square-foot West River Road crib. Among its features? A master bath with a coffee bar.
Hall bought the place, known as Long Point, from Heisman Trophy winner Pete Dawkins in 2011 for $12 million. (Vdieo by CBS New York. )
By JOHN T. WARD
Less than three years after dropping $12 million for one of Rumson’s grandest homes, hedge fund tycoon and Kentucky Derby horseman George Hall has put the place up for sale.
Hall’s 18,000-square-foot West River Road residence, formerly owned by Heisman Trophy winner Pete Dawkins, hit the market last week for $17.2 million.
Well-heeled shoppers for a Navesink River crib might also want to check out Mickey Gooch’s place next door, with an asking price of $16.5 million.
By JOHN T. WARD
A plan for Fair Haven’s first and only waterfront park, to be created on the site of a pre-Civil War home built by an African-American, is “not dead,” says Mayor Mike Halfacre.
“But it may be on life support,” he adds.
Halfacre and the borough council are scheduled to convene behind closed doors later this month to get an update from town Attorney Sal Alfieri on legal matters that have held up the town’s acquisition of the Charles Williams estate, at the Navesink River end of DeNormandie Avenue.
Meantime, however, Halfacre admits to redbankgreen that he’s “falling out of love” with the plan.
By JOHN T. WARD
What’s a couple of inches of historic airspace in downtown Red Bank worth?
Officials of the Woman’s Club of Red Bank aren’t saying, following an inadvertent encroachment on their historic Broad Street home by the new next-door neighbor, the Bank of America.
On the agenda for tonight’s zoning board meeting in Middletown: a plan to subdivide a 5.1-acre property in the upscale Chapel Hill area that has neighbors concerned about a change in character to the the cloistered area of large estates.
The applicants are Arthur and Leslie Parent, who bought the 5.1-acre property and its 12,000-square-foot house for $1.3 million last December, just days before they sold their Red Bank residence to cable funnyman Jon Stewart for $3 million, according to Monmouth County tax records.
The Parents want to cut the parcel into two unequal-sized lots, and have no immediate plans to build on the proposed new lot, according to documents on file.
But that hasn’t stilled concern among neighbors, who complain a township OK would leave an enormous house on one lot, set a precedent for the construction of another, and result in the loss of buffering trees between giant estates.
“It really would be a very significant change of character for the area,,” says John Moody, whose Independence Road property abuts the Parent’s.
Let us stipulate right up front that Pete Dawkins does everything on a scale most of us mortals can only gape at in wonder.
Don’t know who he is? Check out his exhaustively comprehensive monument-to-self website, one befitting his numerous achievements: 1958 Heisman Trophy winner. Rhodes scholar. Retired Army brigadier general. Wall Street bigwig. Onetime contender for U.S. Senate.
A decade ago, when Dawkins and his wife, Judith, bought the Rumson estate called Long Point from the widow of an heir to the A&P supermarket fortune, they plunked down $4.5 million and promptly tore down the existing mansion, replacing it with a 20,000-square-foot home on a spit of land jutting out into the Navesink River.
Now, in keeping with his appetite for the biggest and best, Dawkins has put the place up for sale at a price that, if obtained, would crush the previous high price in the region, a knowledgeable broker tells redbankgreen.