Real Estate

Matt Lauer Slashes Price Of Sag Harbor Home

The home is now reportedly listed for $12.75 million; it was originally listed for $18 million in 2016.

SAG HARBOR, NY — The price of Matt Lauer's Sag Harbor home has been slashed by another $2.1 million; according to Realtor.com, the 25-acre property is now listed at $12.75 million and was originally listed at $18 million in 2016.

In recent months, Lauer's home has been on the market, and last June, Lauer cut the price of his Sag Harbor residence by $2 million, according to Realtor.com.

Lauer listed the home after he and his wife purchased Richard Gere's former North Haven estate Strongheart Manor, a 6.2 acre waterfront beauty within minutes of Sag Harbor's Main Street that they snagged for "half-off" the original $65 million price tag, Patch previously reported.

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The home is “priced to sell,” Breitenbach said in the Realtor.com post. "It’s a “unique and amazing property and opportunity. It's very hard to find 25 acres, ultra-private and quiet, anywhere in [the] Hamptons.”

According to The Corcoran Group's listing, "Drive up your winding driveway through unassuming gates, beautiful gardens and rolling lawns designed by landscape architect Miranda Brooks, to your own Hamptons resort like property, with the most beautiful traditional house designed by renowned architect Daniel Romualdez to resemble a new England shingled cape and interior design impeccably done by Muriel Brandolini."

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The "custom design gem" features six bedrooms, six baths plus two half baths, an eat in kitchen with stunning Emmanuel Babled limited edition chandelier, separate dining room with hand-painted Gracie wallpaper, and an incredible great room with cathedral ceilings and authentic barn beams," the listing said.

To view the full listing, handled by Susan Breitenbach of The Corcoran Group, click here.

In November, Lauer made news on the East End when he was photographed for the first time since the veteran morning show personality was fired as co-anchor of NBC's "Today" after claims of alleged sexual misconduct. The photos showed him in East Hampton with high-powered attorney Edward Burke Jr., of Sag Harbor.

A post in the DailyMail.com included photographs of Lauer meeting with criminal defense attorney Burke, handing the attorney an envelope.

According to an exclusive report on Page Six, Lauer headed to the Hamptons after he was fired to see his family and "explain" what had happened. Lauer's wife, Annette Roque, and their children live in the Hamptons, while Lauer lives in New York City during the week, the Page Six report said.

The post added that Lauer met with "longtime friend" Burke outside of Riverhead Building Supply in East Hampton.

Burke has represented high-profile clients including Lizzie Grubman and Daniel Pelosi.

Lauer released a statement apologizing for his behavior. According to a prior Patch report, Lauer apologized to the women he harmed, NBC and his family, but maintained that some of the stories about his conduct are untrue. The full statement was acquired by CNN Media Reporter Brian Stelter, who posted it to Twitter.

"There are no words to express my sorrow and regret for the pain I have caused others by words and actions," Lauer said in the statement. "To the people I have hurt, I am truly sorry. As I am writing this I realize the depth of the damage and disappointment I have left behind at home and at NBC."

Lauer was fired after an NBC employee complained about "inappropriate sexual behavior in the workplace." His "Today" co-host Savannah Guthrie made the announcement on the show's broadcast.

"This is a sad day at 'Today' and at NBC News," Guthrie said at the top of the broadcast.

Guthrie read a memo from NBC News Chairman Andy Lack which stated that Lauer was named in a "detailed complaint" Monday night.

"It represented, after serious review, a clear violation of our company's standards. As a result, we've decided to terminate his employment," Lack said in the memo.

After Lauer's firing, Variety published a story based on a two-month investigation that detailed complaints of Lauer's sexual harassment from three women who wished to remain anonymous.

While Lauer's misconduct was well known at "Today" and NBC, network executives often ignored complaints due to Lauer's $25 million contract and his role in earning "Today" top rankings among morning newscasts, Variety reported.

Read the full Variety investigation here.

Lauer, 59, joined "The Today Show" in 1994 as a news anchor. He was named an official co-anchor of the show in 1997.

The former anchor has long been a familiar face in the Hamptons, spending time with his family on the East End.

Photo by Slaven Vlasic/Getty Images Entertainment/Getty Images.

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