Amid Mounting Legal Woes, Alec Baldwin Cuts Price on His Longtime Hamptons Home
The actor, who is now facing involuntary manslaughter charges over the fatal shooting on a movie set, just trimmed the price to $24.9 million
2 min
Actor Alec Baldwin dropped the price of his Hamptons estate by more than $4 million last week, just days before it was announced that he will be charged with involuntary manslaughter for the fatal shooting of cinematographer Halyna Hutchins on the set of the movie “Rust.”
On Thursday, prosecutors in New Mexico announced that Mr. Baldwin, a producer and lead actor in the Western film, will be charged with two counts of involuntary manslaughter. He was handling the gun that discharged, killing Hutchins and wounding the movie’s director, Joel Souza, on Oct. 21, 2021.
Mr. Baldwin’s multi-acre compound in Amagansett first hit the market in November with a $29 million sticker price. Last week, the ask was trimmed to $24.9 million.
At the centre of the estate is a more than 10,000-square-foot modern farmhouse. “Every detail of this impeccable two-story cedar shingle retreat has been curated to maximise indoor/outdoor space and utilise natural light throughout the year,” said the listing with Scott Bradley of Saunders & Associates.
The four-bedroom home boasts features including an eat-in kitchen, a movie theatre, a wine tasting room and a wood-panelled library. Plus there’s covered porches and two balconies that overlook the surrounding nature reserve.
Outside, a custom pavilion with a fieldstone fireplace is joined by a gunite pool and spa, as well as a fenced vegetable garden.
“This is a once in a lifetime opportunity to own an iconic 10-acre Amagansett estate,” Mr. Bradley told Mansion Global over email. And for potential buyers in need of a little more space, they “have the right to build another home, creating an uncompromising multi-home compound which is unheard of anywhere in the Hamptons today.”
Mr. Baldwin, 64, has called the pastoral spread home since 1996, when he purchased it for $1.75 million, listing records show.
In addition to charges against Mr. Baldwin, Hannah Gutierrez-Reed, the film’s armorer, will also be charged with two counts of involuntary manslaughter. Like Mr. Baldwin, she denies any wrongdoing in the incident.
Dave Halls, the assistant director who handed Mr. Baldwin the gun, signed a plea agreement “for the charge of negligent use of a deadly weapon,” the district attorney’s office said Thursday.
“This decision distorts Halyna Hutchins’s tragic death and represents a terrible miscarriage of justice. Mr. Baldwin had no reason to believe there was a live bullet in the gun—or anywhere on the movie set,” Luke Nikas, a lawyer for Mr. Baldwin, said in a statement. “He relied on the professionals with whom he worked, who assured him the gun did not have live rounds. We will fight these charges, and we will win.”
The Emmy award-winning Mr. Baldwin, who couldn’t immediately be reached for comment, is best known for his role in films like “The Hunt for Red October” and “The Departed.” His TV resume includes a starring role in the sitcom “30 Rock” and most recently he regularly portrayed Donald Trump on “Saturday Night Live.”
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
The Swiss watchmaker’s first collaboration with Atlassian Williams F1 Team produces two sporting Laureato models inspired by the team’s 2026 racing car.
Victorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price. Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to …
Continue reading “Victoria’s New Auction Rules Will Force Reserve Prices Into the Open”
More than 10,000 homes, an expansive central park and a mix of hospitality, retail and wellness facilities will form Azizi Developments’ first master-planned community in the emirate.
2 min
Sharjah is set to receive one of its largest new residential communities, with Azizi Developments unveiling plans for a US$8.1 billion master-planned precinct containing more than 10,000 homes.
Named Azizi Florence, the freehold development will comprise 1,130 villas, more than 6,000 townhouses and 3,500 apartments. Three-bedroom townhouses will start from US$515,000, with an indicative rate of US$231 per square foot of saleable space.
The project marks the Dubai-based developer’s first move into Sharjah, expanding a portfolio that includes the planned Burj Azizi skyscraper and the Azizi Venice community in Dubai.
A park at the heart of the community
Rather than treating landscaping as an afterthought, Azizi Florence will be organised around a 1.7 million sq ft central park.
The wider precinct is planned as a self-contained neighbourhood combining homes with retail, hospitality, education, leisure and wellness facilities.
Six residential clusters will sit within the development, each with its own park, clubhouse, community centre and landscaped gardens. The approach reflects a broader shift across large Middle Eastern developments, where greenery, recreation and everyday convenience are increasingly central to the residential proposition.
The scale of Azizi Florence suggests it is intended to function as a neighbourhood rather than a collection of housing estates. Its mix of housing types should also give the project broader appeal, accommodating apartment buyers alongside families seeking townhouses or standalone villas.
Azizi expands beyond Dubai
Azizi Developments has delivered more than 45,000 homes to buyers from over 100 countries and says it has approximately 150,000 units under construction.
Much of its growth has been concentrated in Dubai, where its portfolio extends across Palm Jumeirah, Mohammed Bin Rashid City, Dubai South, Sheikh Zayed Road and Downtown Jebel Ali.
Its most prominent current project is Burj Azizi, which is intended to become the world’s second-tallest building. Azizi Florence represents a different type of undertaking: a low-rise, family-oriented community built around public space and daily amenity.
For company founder and chairman Mirwais Azizi, the Sharjah project also carries a personal connection. The emirate was his first home in the UAE more than three decades ago, adding a symbolic dimension to the developer’s expansion.
Sharjah’s residential ambitions grow
Although Dubai and Abu Dhabi have traditionally captured much of the international attention directed at the UAE property market, Sharjah has been steadily broadening its residential offering.
Large freehold communities such as Azizi Florence have the potential to attract both local families and international purchasers looking for comparatively accessible entry points into the Emirates’ property market.
At a starting price of US$515,000, the project’s three-bedroom townhouses will sit well below the cost of equivalent family homes in many of Dubai’s more established luxury communities.
The ultimate appeal, however, will depend on execution. At this scale, the quality of the public realm, connections between residential clusters and delivery of the promised supporting infrastructure will be as important as the homes themselves.
If those elements come together, Azizi Florence could help establish a new benchmark for large-scale residential development in Sharjah—and give buyers another option beyond the UAE’s better-known property markets.
French luxury-goods giant’s results are a sign that shoppers weren’t splurging on its collections of high-end garments in the run-up to the holiday season.
All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation
