Record-setting Sagaponack home to be torn down
An oceanfront home in Sagaponack that was sold this past year by Joanne Corzine, the ex-wife of New Jersey Gov. Jon Corzine, will be torn down. The house at one time rented for $900,000, real estate sources say. ( April 2009 ) Credit: Handout
The new owner of a Sagaponack home that sold this past year for $43.5 million wants to tear it down. The 6,200-square-foot oceanfront home once belonged to Joanne Corzine, the ex-wife of former New Jersey Gov. Jon Corzine. She set a record in 2009 when she rented the house for $900,000. She sold the property to New Jersey billionaire hedge fund manager David Tepper through a limited liability corporation. He now has approval from the village to demolish the house and build anew. Read more about his plans here, and read more about the house here.
