Thursday, January 6, 2011

probably not the 11th largest house in america, THE ORIGINAL MacDaddyPaddy

Houses

Rennert caused controversy among his neighbors by building a beach front home in Sagaponack, New York considered one of the largest occupied residential compounds in America.[28] The house outraged locals, who claimed Rennert originally planned to use it as a spa, a hotel, or a religious retreat. Rennert denied such allegations, and the local paper later issued an apology.[29] Rennert named his home after the adjoining body of water, Fairfield Pond. The house faces the Atlantic Ocean and its grounds measure 63 acres (250,000 m2). The buildings, which total over 110,000 square feet (10,000 m2), including the 66,000-square-foot (6,100 m2) main house, have an Italianatefacade, 29 bedrooms, and 39 bathrooms. The house has a dozen chimneys and a Mediterranean-style tile roof as well as a 91-foot (28 m) long formal dining room, a basketball court, a bowling alley, two tennis courts, two squash courts, and a $150,000 hot tub. Its property taxes in 2007 were $397,559.00. Based on these taxes, the home is currently valued at $190 million[25] making it the most valuable home in the Hamptons, and among the most valuable in the United States.

Besides his house in Sagaponack, Rennert owns a duplex apartment on Manhattan’s Park Avenue, a home in Israel, and a Gulfstream V jet. He reportedly gave matching $30m+ apartments on Park Avenue as gifts to his two daughters.

[edit]References

  1. ^ a b "No. 144, Ira L Rennert". Forbes.com. 2009-03-11. Retrieved 25 June 2009.
  2. ^ "The Board of Overseers". New York University Leonard N. Stern School of Business. Retrieved 2007-08-01.
  3. ^ Thornton, Emily; Rutledge, Susan; David Welch (2003-02-13)."Ira Rennert's House of Debt: How leverage made millions for a tarnished financier--and investors lost out". Business Week. Retrieved 17 December 2008.
  4. ^ a b c "Doe Run owner built empire on junk bonds". St. Louis Post-Dispatch on Sunday. 14 April 2002. Retrieved 17 December 2008.[dead link]
  5. ^ [1]
  6. ^ [2]
  7. ^ Walsh, Mary Williams (2006-02-04). "U.S. Moves to Seize Bankrupt Steel Maker's Pension Plan". New York Times. Retrieved 17 December 2008.
  8. ^ [3]
  9. ^ SORKIN, ANDREW ROSS; DANNY HAKIM (August 10, 2004)."Perelman Seeks Controlling Stake in Maker of Hummer". New York Times (The New York Times Company). Retrieved 2008-05-27.
  10. ^ Emily Thornton (2003-02-17). "Ira Rennert's House of Debt".Business Week.
  11. ^ "SEC Inf0: Renco Metals Inc". Sec Info. 2000-06-12. Retrieved 17 December 2008.
  12. ^ a b c Toxics Release Inventory (TRI) Program
  13. ^ a b c "EPA sues magnesium company". KSL TV. 2005-05-14.
  14. ^ Nathan Vardi (2002-07-02). "Man with many enemies".Forbes.com.
  15. ^ "USMag wins favorable fed judge ruling". The Salt Lake Tribune. 2007-10-26.
  16. ^ a b The Manufacturing Extension Partnership (2006). "2006 MEP Award Winners" (– Scholar search). Retrieved 2008-07-02[dead link]
  17. ^ "Summaries of the 2004 Climate Protection Award Winner’s Accomplishments". United States Environmental Protection Agency. Retrieved 17 December 2008.
  18. ^ a b c d Sara Shipley Hiles & Marina Walker Guevara (November/December 2006). "Lead Astray". Mother Jones.
  19. ^ Craig Cheatham (2005-12-04). "In Peru, a poisoned town, a driven man". Dallas Morning News.
  20. ^ a b c Sara Shipley Hiles (2007-07-23). "Religious Leaders Challenge Polluter". The Nation.
  21. ^ a b O'Shaughnessy, Hugh (2007-08-12). "Poisoned city fights to save its children". The Guardian (London). Retrieved 2010-05-05.
  22. ^ a b PERU: Pollution Emergency Plan Instead of Real Action for La Oroya
  23. ^ "Independent Audits Confirm that Doe Run Peru Meets Emissions Standards"
  24. ^ Tierramérica
  25. ^ a b "#132 Ira Rennert". The World's Billionaries (Forbes.com). 2009-03-11. Retrieved 2009-03-11.
  26. ^ a b Yeshiva University News - Gifts Boost Medical Research: Ten Professors Invested in Endowed Chairs at Albert Einstein College of Medicine
  27. ^ Silverstein, Shelly (November 15, 2007). "Rennert's Torahs".Arutz Sheva. Retrieved 2007-11-18.
  28. ^ "Rennert redux". New York Magazine.
  29. ^ Rattiner, Dan (2007-03-09). "An apology to Ira Rennert of Sagaponack". Dan's Papers.
  • Michael Shnayerson. "Devastating Luxury." Vanity Fair. July 2003.
  • James Ridgeway and Jeffrey St. Clair. A Pocket Guide to Environmental Bad Guys, (New York: Thunder's Mouth Press).

[edit]External links

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