Robert Weinstein sells Greenwich home for $17 million
Robert Weinstein, the Hollywood producer behind Dimension Films, Miramax and The Weinstein Co. and the brother of disgraced producer Harvey Weinstein, sold his Greenwich waterfront property this week for $17 million.
The home, which Robert Weinstein bought in 2000 for $16.4 million according to town records, has been on the market for more than four years. Its original list price was set at $32 million after undergoing years worth of renovations while Weinstein owned it.
The more than 12,000-square-foot, Mediterranean-style home is located in private neighborhood, the Byram Shore Association, and features expansive waterfront views, a boat dock and tennis court.
“Honestly, I think it’s one of the most beautiful waterfronts in Greenwich,” said local Realtor Tamar Lurie, who represented Weinstein in the sale. “The vistas are forever.”
The home’s views, location and more than three acres of land attracted the buyers, who “fell in love with it,” said Annalise Stack, a Rye, N.Y.-based Coldwell Banker Realtor who represented the unnamed buyer.
The sale follows a hectic month for Weinstein and his brother Harvey, who was last week charged with rape after dozens of women accused him of sexual misconduct last fall.
The brothers’ business, The Weinstein Co., filed for Chapter 11 bankruptcy protection in March. A judge approved the $310 million sale of the TV and film studio to private-equity firm Lantern Capital Partners earlier this month. The timing of Robert Weinstein’s Greenwich home sale was not related to his company’s sale, Lurie said.
The $17 million price tag ranks as Greenwich’s most expensive home sale this year, said Greenwich Realtor Mark Pruner of Berkshire Hathaway N.E. Properties. It’s also among five Greenwich homes fetching $11 million or more this year. Two weeks ago, a home on Deer Park Meadow Road sold for $11.1 million. “It goes to show the strength of Greenwich’s high-end market as it adjusts to today’s realities,” Pruner said.
Lurie acknowledged she was overly ambitious with her initial list price on Weinstein’s home but she dropped it as the market “dictated its value. ... When I started, the price was very high,” Lurie said. “But I had just sold a home that year on the same street for $30 million and thought I could get a similar price for this one. The market did not agree with me.”
Over the years, the home had received “quite a few” offers, Lurie said. Weinstein did not accept them for a variety of reasons. The buyer behind the deal that closed this week had been “circling the home for a year,” she said.
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