[29], In October 2022, the Grays announced a gift of $55 million[36] to establish the Basser Cancer Interception Institute as part of the Basser Center for BRCA. Then she asked Ms. Hochberg. Listen to the episode here. Luxurious Beach House That Redefines Modernism After 30 years, Martha has sold her Hamptons residence on Lily Pond Lane. Grey Gardens owners Sally Quinn and Ben Bradlee. Beard connected her with filmmakers David and Al Maysles, who released the hit about the Rolling Stones, Gimme Shelter, in 1970, to help bring it to life. In June, Air Mail reported that a Hamptons realtor, Jonathan Davis, had trashed a property hed leased, and had refused to leave. His fortune has jumped more than 50% this year to $5.9 billion. Jonathan Gray's House The Real History Behind Grey Gardens, the Most Infamous Mansion in the Hamptons There's Gilded Age glamour, connections to the Kennedy dynasty, and raccoon skulls? Hes speaking of his recently completed two-year restoration of a 19th-century shingled house near the ocean in Sagaponack, New York, one of the quieteralbeit most sought-afterHamptons hamlets. In 1979, writer Sally Quinn and her husband, Washington Post editor Ben Bradlee, purchased the house from Little Edie for $220,000. The seven-bedroom, six-bathroom home is located on one of the most exclusive streets in the Hamptons with fashion designer Calvin Klein as a neighbor, according to Schultz, an agent with The Corcoran Group. Billionaire Jon Gray, Architect Of Blackstone In May, they signed a lease that ran from June 1 to Aug. 8. After the Berman-Schechters lawyer filed a petition asking a court to compel Ms. Hochberg to leave the house, Ms. Hochbergs lawyer, Christopher McGuire, used the 2019 tenant protection act to argue for dismissal. [1] He is also chairman of Hilton Worldwide.[2]. According to artist Peter Beard, then boyfriend of Lee Radziwill, the inspectors sprayed a firehose through the house, causing further damage, and traumatizing both women. Little Edies avant-garde approach to fashion becomes the lynchpin of this poignant documentary. But by 1913, she had sold it to the president of a coal company, Mr. Robert C. Hill. Within an hour, it was gone. "Ive learned over the last 26 years that Jon Gray has great judgment, enormous energy and unique personal charisma, which has enabled him to garner enormous respect within the global financial community," he further said. in English from the School of Arts & Sciences and a B.S. (Ms. Hochberg had agreed in May to pay $31,750 for her stay in Montauk.). Ms. Hochbergs focus on healthy living, her stated aversion to drugs and alcohol and her job at a local hot spot, the Surf Lodge, convinced Ms. Berman-Schechter that she would be an agreeable tenant. She soon began spending all of her summers and most weekends there with the family. About Big Edie Listen to this week's episode of our haunted house podcast series, Dark House, for exclusive ghost stories and insights into the home's compelling history. Jonathan Gray The mud room, originally part of the dining room, is meant to convey a lived-in look, says designer Jack Ceglic, pointing to the exposed plywood coat shelf. The landscape designer, Edwina von Gal, had all of the plants removed and put back after the renovation. Jonathan Gray (Ms. Hochbergs father, a retired liquor retailer, is on the board of directors for a high-rise called Montauk Manor, where he also owns an apartment, a four-minute drive from the Berman-Schechters home. Ms. Hochberg said in a text message that her family has owned property in Montauk for 35 years. Hamptons I have lost count of the number of times I have tied a blouse around a mannequins head during my decades at Barneys. See our 2016 cover story on Schwazman, titled "The Master", Also see Schwarzman's comments for Forbes' 100th anniversary issue, This is a BETA experience. As well as citing her fathers health, Ms. Hochberg told her landlords that she was in dire financial straits after being laid off from Surf Lodge. Edith Bouvier Beale with a feline friend at Grey Gardens in 1972. So, Quinn convinced everyone to get on board, and the project wrapped in a year. The thought of a summer at that storied East Hampton house the site of this Alexa cover shoot sent my mind leaping to late-1970s New York. Understated Beach House That Artfully Breaks Convention in In a court filing, Mr. Daviss landlords, Giancarlo Bonagura and Paula Rosado, accused him of overstaying his lease because he believed that the tenant laws passed during the pandemic would leave them with no legal recourse. WebAn independent spirit, Edith would have a reputation for being theatrical, self-indulgent, and impractical. Gray will replace longtime president Tony James, who will become executivevice chairman and continuewith a full-time role. Two years after purchasing the lot at 3 West End Road in 1895, F. Stanhope Phillips and his wife, newspaper heiress Margaret Bagg Phillips, commissioned renowned architect Joseph Greenleaf Thorpe to build their dream home. Jonathan D. Gray The Prettiest Pink Flowering Trees for Your Yard, Use Vinegar to Clean Every Room in Your Home, Julianne Hough's Abs Are Fierce In A Naked Dress. Major John Vernou Bouvier Jr. spread the family mythology that they were descendants of French nobles, a fictional narrative likely propagated out of Gilded Age vanity. In 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. Because I dont like women in skirts, and the best thing is to wear pantyhose or some pants under a short skirt, I think and you can always take off the skirt and use it as a cape. Hamptons Martha Stewart's Hamptons House Tour Photos. (Ms. Cardoso confirmed that Ms. Hochberg was laid off midway through the summer, along with about a hundred others.) Jonathan Adler and Simon Doonans House on Shelter Island. On June 12, Ms. Hochberg posted a picture of herself on Instagram standing underneath a Japanese dogwood tree in the Berman-Schechters garden. Now Gray,worth $2.6 billion according to Forbes' Real Time Net Worth Rankings, is shedding his real estate dealmaking cloth after building an industry heavyweight. Hamptons This beach house that architect Jonathan Marvel designed for clients along a lesser-known stretch of Great Peconic Bay is the essence of modernism, boasting sleek lines, a copper roof, and idiosyncratic fenestration. Jonathan Gray Is Bullish on Real Estate There's Gilded Age glamour, connections to the Kennedy dynasty, and raccoon skulls? Tenant rights had already been buttressed by a law passed the previous year, the Housing Stability and Tenant Protection Act. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. Then, unexpectedly, a true fashion visionary walked down the runway and wiped that smirk right off your face. "Cats were crawling all over and there were raccoon skulls on the front porch," she tells us. Understated Beach House That Artfully Breaks Convention in The East Hampton home known as Grey Gardens is on the market for $19.995 million. She wrote that The End a nickname for Montauk has this special aura surrounding it the water and the bucolic setting of the lighthouse, the greenery and the rich history. WebWe have 778 luxury homes for sale in The Hamptons, and 40,552 homes in all of New York. Iconic Grey Gardens Hamptons home hits market Quinn is now selling the home, listing it for $17.9 million with Corcoran. Hamptons WebAn independent spirit, Edith would have a reputation for being theatrical, self-indulgent, and impractical. Some 20 years after Little Edie retired to East Hampton, their beloved grand piano was a warped, defunct fossil of its former self, and the entire main level was coated in cat hair, cobwebs, and dust. By that point, court records show, Ms. Hochberg was already embroiled in a legal battle with the Berman-Schechters, who found they had little leverage to remove her from the property. My daughter wants to sue them, Mr. Hochberg told The Times. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for The Hamptons. He sits on its Management Committee and most of its investment committees. WebJonathan D. Gray (born February 4, 1970) is an American billionaire businessman and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. Inside an Eclectic Retreat on Shelter Island Jonathan Gray Back then it was a fishing village, with a mix of middle- and working-class residents. She did not aggressively pursue the missing rent. The Real History Behind Grey Gardens, the Most Infamous Mansion in the Hamptons There's Gilded Age glamour, connections to the Kennedy dynasty, and raccoon skulls? Jonathan Adler and Simon Doonan Lange worked with designer Jonathan Adler (who also happens to be her best friend from college) on the redesign, so you can see his cheeky spin on WASP chintz-y style vis-a-vis turquoise shutter paint, blue leopard print wallpaper, and a rattan settee with Kelly Green cushions, to name a few. Big Edie quickly fell in love with Grey Gardens, which allowed her to enjoy a more relaxed and independent lifestyle. By the end of the decade, Grey Gardens stood as a strange dichotomy, straddling extreme wealth and crippling poverty. When the legislature enacted this law, Im sure that they did not intend to protect people in this way, renting units, houses in the Hamptons, for tens of thousands of dollars a month, said Steven Kirkpatrick, a partner at the Romer Debbas law firm in Manhattan who specializes in housing law. WebWe would like to show you a description here but the site wont allow us. Hilton Where All the Celebs Stayed for the Met Gala, Josh Hall Shares New Photos With Christina on IG, 80 Mother's Day Quotes That Say "I Love You". Gray runs Blackstone's real estate business and is the latest billionaire to emerge from the worlds largest manager of private equity and property. Bradlee was allergic to cats and walked out choking within minutes (they found 52 dead feral cats around the property), so Quinn ventured in on the balmy August afternoon alone. The two women spoke about plans to expand Surf Lodges wellness programming for an article published in The New York Post on Sept. 28. Ms. Hochberg had asked to stay the entire summer, said Ms. Berman-Schechter, who replied that it wasnt possible. We insisted that he keep it as a street house because its so unique in the Hamptons, says Ceglic, a co-founder of high-end grocer Dean & Deluca, while sitting in a sunny parlor room at the apartment he shares with Fernandez-Casteleiro on lower Fifth Avenue in Manhattan. The Berman-Schechters said that afternoon that they had gotten their key back, but that they still hadnt been paid. About Big Edie While Gray sees challenges in parts of the retail real estate market, he continues to be bullish on residential real estate because new supply is not keeping up with demand across the U.S. While Gray sees challenges in parts of the retail real estate market, he continues to be bullish on residential real estate because new supply is not keeping up with demand across the U.S. Grey Gardens pictured in the early 1900s during the Hill ownership. WebJonathan Gray's House Sagaponack , New York (NY) , US Gray runs Blackstone's real estate business and is the latest billionaire to emerge from the worlds largest manager of private equity and property. WebJonathan D. Gray (born February 4, 1970) is an American billionaire businessman and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. It also bundled logistics and warehouse assets together, building Logicor the largest logistics and distribution company in Europe. We've received your submission. Meanwhile, James will take on more responsibility at the board level as executive vice chair. [39] Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[40] a group of charter schools in New York City. It was cold and rainy in Montauk that day. Also that afternoon, a representative of the property group that manages the Oriana, the Manhattan apartment building, said that the group would not comment. Jonathan Gray It eventually yielded a profit of many multiples of Blackstone's cost. Afterwards, Gray helpedcreate Invitation Homes and Logicor, and oversaw mega deals like GE's real estate portfolio, the Willis Tower in Chicago and Peter Cooper Stuyvesant Town in Manhattan. The Tenant Safe Harbor Act, which Gov. A prospective buyer for the home is scheduled to fly to the Hamptons this weekend for a tour, according to Schultz. Despite these claims, the court ruled in her favor, and the land issues with the East Hampton property were resolved soon after, leading her to build the home in the early 1900s. Marisa Hochberg at a Wing event last year. With celebrities including Jaden Smith, Leonardo DiCaprio, Taylor Swift, Khloe Kardashian and Tiffany Trump among its customers, Surf Lodge has brought the glitz (and noise) of the neighboring Hamptons to The End. Strictly averse to the use of chemicals, Von Gal brought in chickens and even a pair of goats, the latter of which ultimately had to be dispatched after becoming too festive, recounts Fernandez-Casteleiro with a laugh. Thats why we took the job, because theres a certain simplicity and humility to the house, comments Fernandez-Casteleiro, and inside we made something extremely luxurious and beautiful.. [28], The Grays have donated over $150 million to BRCA cancer research. The Hills spent ten happy years there, lovingly maintaining the property before selling it in 1923 to the owners who would ultimately make the house famous, Big and Little Edie Beale. This summer, the Berman-Schechters house became an idyllic setting for her endorsements, like acupuncture services, hair dryers and tanner. Well, not quite alone. When Ms. Berman chooses tenants, she hopes to find people who respect the places history. Lange is also known more recently for her work on a podcast about her family which she created with reporter Ariel Levy called The Just Enough Family (Lange describes it as The Sopranos, but wealthy Jewish family instead of an Italian one). But there are no glam shopping trips to Barneys or Bergdorf Goodman. He is also chairman of Hilton Worldwide . Zillow Martha Stewart Take a look inside the singled cottage she bought, renovated, and furnished in the 1990s. On Instagram, where Ms. Hochberg promotes products to her following of 12,000, the hamlet had already become her backdrop of choice. Quinn and Bradlees restoration included scraping the walls down to the original paint color in order to match it and meeting with the designer of the homes original garden, known as Little Grey Garden By the Sea. I've never been so excitedI even started smoking again," Quinn laughed. Jonathan Gray The 1.2-acre property, which feels much larger thanks in part to neighboring protected fields, includes a toolshed turned studio, a pool house, a gym, and a barn-cum-guest house. When on Yom Kippur, the solemn Jewish holiday of repentance, Mr. Hochberg had a letter published on his synagogues website about the importance of charity, Mr. Schechter made an Instagram account with the handle @lyingmarissa using an image of Ms. Hochberg as the profile picture and misspelling her name. This beach house that architect Jonathan Marvel designed for clients along a lesser-known stretch of Great Peconic Bay is the essence of modernism, boasting sleek lines, a copper roof, and idiosyncratic fenestration. They moved into an apartment on the Upper East Side, complete with a full staff, including personal chauffeurs (click here to see one of the Beale's 1920s automobiles in front of Grey Gardens). They had three children: Little Edie (1917), Phelan Beale, Jr. (1920), and Bouvier Beale (1922). From this garden, a view of the surrounding dunes, cement walls, and sea mist created a lovely pastel color story that inspired the homes subsequent name, Grey Gardens. Surf Lodge has nothing to do with it.. On June 15, when it came time for her to pay the $14,450 that constituted the second half of her rent, she did not pay, the Berman-Schechters said in multiple court filings. Gray runs Blackstone's real estate business and is the latest billionaire to emerge from the worlds largest manager of private equity and property. Hamptons Ultimately it panned out, leading to an over $10 billion profit. The two did virtually everything in there, including cooking on a small bedside hotplate (with cats nibbling off of it, too). Billionaire completes Hamptons mansion after tearing New York States Tenant Safe Harbor Act was intended to help those affected by the pandemic. WebJonathan (Jon) Gray is President and Chief Operating Officer of Blackstone, and is a member of Blackstones Board of Directors. [5] In August 2013, Bloomberg estimated his net worth at just over $1.0billion due to his owning 40.6million Blackstone shares valued at $913million combined with over $120million in bonuses and salary. Jonathan Gray The couple then spent around $600,000 to restore the 1897-built home, the newspaper reports. In Hilton, Blackstone and Gray had a number of gut checks in which the firm doubled down and convinced limited partners to follow suit. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for The Hamptons. Some $24 billion of money flooded into the unit, which generated half of Blackstone's overall revenues. WebJonathan Gray's House Sagaponack , New York (NY) , US Gray runs Blackstone's real estate business and is the latest billionaire to emerge from the worlds largest manager of private equity and property. Ms. Cardoso also said that Ms. Hochbergs behavior was out of character. But during a summer like no other, cases of wealthy squatters attracted public attention. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. He sits on its Management Committee and most of its investment committees. [27][29] In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center,[30] named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. Sadly, in 1964 Logan passed away on his cot in the kitchen, either from complications from pneumonia or consumption, and the home deteriorated further. I dont think new tenants would want a Covid-infested house? she wrote in an email on Aug. 7. In August, The New York Post reported that a Manhattan developer and a former owner of the Tunnel nightclub, Marco Ricotta, had stopped paying rent on his Westhampton vacation home. The East Hampton home known as Grey Gardens is on the market for $19.995 million. Jonathan Gray built Blackstone's powerhouse $115 billion real estate business. In an interview with The New York Times, Lange reveals that there are still a few remnants from the Beale days, including a plot discreetly tucked away in the garden that reads "Spot Beale: A nobler gentleman never lived beloved by all who knew him died May 29th, 1942." Martha Stewart's Hamptons House Tour Photos. Zillow Photographer: Victor J. [+] Blue/Bloomberg Jonathan D. Gray. Though its silver screen debut thrust Grey Gardens into the spotlight, the home has been the subject of rumors and gossip since before it was even built. [3][4] His father Allen Gray owned a small auto parts manufacturer on the West Side of Chicago (coincidentally named Blackstone Manufacturing); his mother Susan, remarried to his stepfather James Florsheim, ran a catering business. Jonathan (Jon) Gray, president and COO of the Blackstone Group, vaulted into the ranks of the worlds 500 richest people after shares of the investment giant have soared amid a flurry of dealmaking and strong earnings. Thanks to her, Grey Gardens was like a phoenix rising from the ashes, and the Bradlee Quinns enjoyed it in all its original glory as a family vacation home until 2017. Capturing their life within this room and the beautiful landscape surrounding their ramshackle home, the resulting piece is beautiful and funny thanks to Big and Little Edies iconic campy style, but also tragic. In one of her books about her time there, Wright wrote, "Grey Gardens started to deteriorate. And when Ms. Hochberg did not pay in June, Ms. Berman-Schechter was in the midst of relocating from Bogot, which was almost entirely shut down because of the coronavirus, to a farm an hour and a half away, where her two sons could be outside. A spokeswoman at his real estate firm, Nest Seekers, declined to comment. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. Quinn sold the home for over $15 million to Liz Lange (who had rented the property the summer of 2015), a maternity wear designer who gained success in the early aughts. Nothing is hidden, and on display are pieces of artwork from homeowner Jonathan Sheffers collection, including pieces by Elliott Puckette, James Rosenquist, Nick Zdon, Beverly Pepper, and Billy Sullivan. With a shingled exterior, sage green shutters, diamond-cut Arts & Crafts-style windows, and lush grounds, you may recognize Grey Gardens from its namesake 1975 documentary film, which features the estate at the time when it was veiled in layers of grime and littered with raccoon skullsor, perhaps this is your first introduction to the national treasure. Designer Jonathan Adler and his husband, Simon Doonan, outfitted their New York house with warm and idiosyncratic interiors. An abandoned car sits in front of Grey Gardens. Fernandez-Casteleiro poetically likens the way the home now opens up to a sea shella conversation between spaces that begins in the mud room and seamlessly expands, through the first floor, where original dividing walls were removed to create long 60-foot views, and out into the various outdoor spaces. Billionaire Jon Gray, Architect Of Blackstone Blackstone Group Inc. President Jonathan Gray says now is a good time to invest in real estate and there are plenty of reasons why. Lois Wright attending the premier of HBOs Grey Gardens (2009). Ms. Berman-Schechter had never before run into this kind of tenant trouble. Anyone can read what you share. Once published, Grey Gardens' celebrity fate was sealed. The home is the subject of countless legends and rumors, but even in its dilapidated state during the mid-20th century, one could argue that it thrivedand it is certainly thriving today. He really began to garner major attention on Wall Street during the LBO boom of the mid-2000s when, as co-head of the unit, he oversaw the joint takeover of Trizec and the LBOs of Equity Office Properties and Hilton. [35] In July 2019, it was announced that the Grays would donate a further $25million for research on pernicious genetic mutations that can lead to breast and ovarian cancer. Just over a year ago Goldman Sachs, headed by Lloyd Blankfein, named investment banker David Solomon and CFO Harvey Schwartz as co-presidents, firming up its succession plans. Though she was in her late 50s when the documentary was filmed, Little Edie a former model and an almost-actress wears her moth-eaten furs, busted skirts and worn-out frocks with the haughty confidence of a latter-day Karlie Kloss. [14] The firm would later come under criticism for its business model, and US Senator Elizabeth Warren criticized Blackstone for "shamelessly" profiting from the 2008 housing crisis. Ken Caplan and Kathleen McCarthy will take Gray's role as co-heads of Blackstone's real estate operations. Ms. Hochberg helped introduce daytime wellness programming to offset the nighttime bacchanals. WebJonathan (Jon) Gray is President and Chief Operating Officer of Blackstone, and is a member of Blackstones Board of Directors. [5] He was elected Phi Beta Kappa. Despite our tremendous success to date, I am quite excited about the opportunity to continue to innovate for both our investors and shareholders," said Gray. This summer, Ms. Berman-Schechter rented the house to a wellness professional and aspirational influencer from the New York area named Marisa Hochberg.