RFR’s Michael Fuchs Lists Southampton Home for $44M

RFR Holding’s Michael Fuchs appears poised to flee the Hamptons amid a legal dispute at the property.

Fuchs listed his Southampton home at 797 Meadow Lane for $44 million, the New York Post reported. That’s a massive jump from the $6 million Fuchs paid for the home in 2014, buying it from famed photographer Arthur Elgort. A sale at listing price would break down to $9,565 per square foot.

The three-acre waterfront property features 400 feet of frontage on Shinnecock Bay. The main home spans 4,600 square feet and has seven bedrooms and six-and-a-half bathrooms.

The estate also includes a two-bedroom boathouse, a heated pool, a tennis court and ocean access across the street.

Bespoke Real Estate has the listing.

The property is also addressed as 809 Meadow Lane, which was attached to a lawsuit filed last month by zuMedia against Fuchs, his limited liability company that owns the property and RFR. The tech company co-founders alleged the defendants “acted wantonly, willfully and maliciously” by taking $350,000 to rent the property before refusing to hand over the keys.

zuMedia is seeking its money back plus interest and attorney fees.

Fuchs and RFR co-founder Aby Rosen have been beset with default notices and pre-foreclosure suits in recent months. One of the company’s biggest setbacks came when RFR lost control of the Chrysler Building after a judge terminated its ground lease with Cooper Union.

Fuchs has also been trying to unload two New York City properties – a townhouse at 144 Waverly Place and a prewar brick building at 59 Morton Street in Greenwich Village – after reportedly decamping to Miami Beach.

Fuchs was forced to pay $44 million to ex-wife Alvina Collardeu in a bitter divorce case. The couple fought over properties, including a six-story, 8,000-square-foot home in Notting Hill where she lives with the children; court documents from the divorce case pegged the property’s worth around $35 million.

— Holden Walter-Warner