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Randy Altschuler puts $1M St. James home on market

The home on Meadow Gate East in St.

The home on Meadow Gate East in St. James belonging to Randy Altschuler. (Feb. 20, 2013) Credit: Howard Schnapp

Two-time congressional candidate Randy Altschuler has put his $1 million home in St. James on the market five years after moving into the 1st Congressional District.

Altschuler, a Republican who ran unsuccessfully in 2010 and 2012, put his 4,471-square-foot home up for sale for $1.049 million -- about $50,000 less than he paid -- about two weeks ago, according to, a real estate website. An official of Daniel Gale Sotheby's confirmed the real estate firm has the listing, but Altschuler did not return calls for comment.

Altschuler, a wealthy businessman, lost a recount to Rep. Tim Bishop (D-Southampton) in 2010 by just 593 votes, and Bishop beat him in a rematch last year by 14,475 votes. In those campaigns, opponents assailed Altschuler as a carpetbagger who had moved here only recently after exploring a candidacy in New Jersey.

The cedar/stone Colonial house, built in 1988, has a circular driveway, six bedrooms, six baths and an in-ground pool, according to Zillow. Altschuler bought the house in May 2009 for $1.1 million, according to the website. Election records show Altschuler first registered to vote in Suffolk in May 2008 and he has said he rented at two different addresses before buying the house.

Bill Ellis, Altschuler's hometown Smithtown GOP leader, said he was unaware of the listing, but said the last time he spoke to Altschuler after Election Day, Altschuler said he wanted to remain involved in the local GOP.

"Randy did a yeoman's job in two congressional runs," Ellis said. "The last race surprised a lot of people by the magnitude of the final decision. Perhaps he was somewhat disheartened."

Suffolk GOP chairman John Jay LaValle, who opposed Altschuler in the first race but embraced his second, said it would be a loss to the party if Altschuler were to depart.

"Over the last several years he's been immersed in party business and certainly has had a very positive effect," LaValle said.

"I guess it's just another campaign expense," Richard Schaffer, Suffolk Democratic chairman, said of Altschuler asking less than he paid for the home. "I guess he'll be looking for another congressional district in which to run. That's been his MO all along."

Bishop, through a spokesman, said: "We wish Randy and his family all the best."Altschuler was a co-founder of OfficeTiger, a Manhattan-based professional support services firm, with employees worldwide, that handled back-office functions. Bishop attacked OfficeTiger as an outsourcer of American jobs. Altschuler countered that the company, which he sold in 2006 for $250 million, created 750 U.S. jobs, on top of the 3,250 it had in Europe and Asia.He said the firm helped U.S. companies compete in the global economy and create more jobs. Altschuler now owns Cloud Blue, a Georgia-based electronics recycling company.In his 2010 race, Altschuler spent $4.6 million, including $2.9 million of his own money, to Bishop's $3.1 million. In last year's bid, Altschuler spent nearly $2.3 million to Bishop's $3.03 million, according to Center for Responsive Politics.

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