Michael Weisbrod's Hamptons home in bankruptcy sale
The Westhampton Beach home of Asian art dealer Michael Weisbrod, which originally went on the market last year for $9 million, is now being handled as a bankruptcy sale by Keen Consultantsin Melville.
The estate is owned by Weisbrod’s Beach Lane Estate Corp., which paid $995,000 for the property in 2000, according to public records. Matthew Bordwin, who is managing director of Keen Consultants, says the asking price for the mansion is now $6 million. Bordwin says that although a deadline for offers has been set for Nov. 4, an “acceptable offer” could be brought before the bankruptcy court immediately.
Weisbrod pleaded guilty to tax fraud in December 2007 after admitting that he failed to collect sales taxes and did not file corporate taxes for his Manhattan gallery, Weisbrod Chinese Art Ltd. He was ordered to pay $1.12 million to the city and state. Weisbrod is the founding president of The Hampton Synagogue in Westhampton Beach.
The 9,000-square-foot home was built in 1895, and underwent extensive renovations from 2000 to 2006. Architect Jay Sears worked on the home’s design. The house has eight bedrooms and 7 ½ baths. The two-acre estate has six fireplaces, an elevator from the basement to the second floor, a Christopher Peacock double kitchen and a gunite pool.




