East Hampton Faces Off Against Ron Baron
It's been nearly two months since the town of East Hampton first began its crusade against Ron Baron, the investor accused of razing the 3,000-year-old dunes on his 40-acre beachfront property without obtaining the proper permits in advance. At the time, East Hampton threatened Baron with a $500-a-day fine until the problem was resolved and the "habitat was restored." Unfortunately, it turns out that $500 a day doesn't go very far when you're trying to scare a billionaire into submission.
The board now says Baron has yet to follow the order and remove the retaining wall he installed, and it's prepared to move to Plan B and file suit against Baron, a prospect the town would like to avoid since Baron is expected to "bring in a retinue of lawyers from New York City to fight the case." And here we were thinking that paying $103 million for a stretch of undeveloped land at the height of the real estate bubble was punishment enough!
Legal Action Authorized At Baron Estate [Hamptons.com]
Previously: Ron Baron's Dune Destruction Drama [Cityfile]