Licensed as Timothy G. Davis, Lic. Assoc. R.E. Broker At The Corcoran Group
The New York Times-4/25/2010
WITH spring having settled in and summer not far behind, it is tempting to let your mind wander to the Hamptons, where the lucky few will cool off when temperatures rise while the rest of us wade along steamy city sidewalks.
One of the fortunate, Charlotte L. Beers, a longtime advertising executive who served as an under secretary of state in the George W. Bush administration, just closed on a four-bedroom house in East Hampton for $4.7 million.
The house, which is near Georgica Beach, was designed by the architect Deborah Berke.
?It?s a very slick, beautifully appointed house,? said Ms. Beers?s agent, Beate Moore of Sotheby?s International Realty. ?But the most important thing is that she liked it.?
The house was listed by Peter Huffine, a broker at the Corcoran Group. He declined to comment.
Ms. Beers was the head of two advertising agencies ? JWT and Ogilvy & Mather ? and spent her career selling brands like the American Express Card. Then, in late 2001, she was hired to improve America?s image abroad.
The choice to place Ms. Beers ? who had no diplomatic experience ? in such a role raised some eyebrows at the time. Secretary of State Colin L. Powell defended her before the Senate Foreign Relations Committee by telling its members: ?Well, guess what? She got me to buy Uncle Ben?s rice. And so there is nothing wrong with getting somebody who knows how to sell something.?
Ms. Beers resigned from the State Department in 2003, citing health reasons. She is now on the board of Martha Stewart Living Omnimedia.
Dueling Water Views
The real estate mogul Aby Rosen, a co-owner of RFR Holding, bought a $5.36 million bayfront home on Meadow Lane in Southampton ? across from the oceanfront home he already owns on Meadow Lane.
His new house has three bedrooms and three baths on 1.2 acres, as well as a boat dock. Tim Davis of the Corcoran Group was the listing agent on the property. The closing was in late January.
Mr. Rosen?s old house, which he bought in 2001 for $6.8 million, does not appear to be on the market. But he is trying to sell a limestone town house on East 94th Street in Manhattan, which he bought for $8.8 million in 2005. It has been on and off the market with different brokers since the end of 2008, when it had a sticker price of $29.5 million. Last week he lowered the price to $22.9 million.
Mr. Rosen is said to have a remarkable collection of art. It seems he?s off to a nice start collecting waterfront homes in the Hamptons, too.