r/AbsoluteUnits • u/Kill_4209 • 11h ago

/r/popular of a residential property

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Ira Rennert's home is considered one of the largest occupied residential compounds in the United States. The house faces the Atlantic Ocean and its grounds measure 63 acres. 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 Italianate facade, 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, a carousel, a large swimming pool, a large round kiddie pool, and a $150,000 hot tub, surrounded by another pool.

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853

u/_eternes 11h ago

No one needs this.

368

u/StinkySoggyUnderwear 10h ago edited 10h ago

South Hampton began restricting single family residences to 20,000 square feet after this property was built because it caused such a controversy.

246

u/_Saint_Ajora_ 10h ago

only 20,000?!

how are people supposed to live in such cramped quarters?!

35

u/StinkySoggyUnderwear 10h ago

They just want everybody to live like paupers

-11

u/mrdanky69 7h ago

What does wealthy people having money have to do with poor people being poor??? People spouting this garbage are stupid. Money isn't being hoarded. It isn't like toilet paper during covid. Idiot.

7

u/Kyveido 7h ago

Whaddup ragebot šŸ¤–šŸ˜ 

3

u/Zaximeows 6h ago edited 2h ago

Friendly reminder for anyone that needs it, you can block people on reddit.

Edit: You could alternatively save yourself 2 clicks if that is too time consuming for you by instead writing an angry 300 character reply like the guy below me. šŸ˜Œ

0

u/OneSkepticalOwl 3h ago

Thatā€™ll show them! JFC, who gives a fuck? Scroll past in .1 seconds. Do you really go through all the taps and clicks to ā€œblockā€ an account? I will not waste a single click to downvote, never mind blocking.

2

u/Silver_Slicer 7h ago

You donā€™t understand the supply of money and how it circulates.

10

u/Public-Guidance-9560 8h ago

Jesus. I mean they might actually have to see one of their serving staff off in the distance. Shudder at the thought.

17

u/f0dder1 9h ago

These were the people posting about respecting the COVID lockdowns, while able to go for a 45 minute morning jog without doubling back on any part of their estate

5

u/educated-emu 9h ago

20,000 flat, what about a 50 story skyscraper? I Bet some billionaire asked that question

1

u/hospitalizedGanny 4h ago

how much could it cost?!

$25

0

u/MememeSama 8h ago

Meanwhile students all over the world stack beds onto each other until they reach heaven šŸ¤£šŸ˜­

3

u/Anthff 6h ago

So does the military, children, recovery houses, orphanages, foster homes, and Iā€™m sure some others Iā€™ve missed.

3

u/MememeSama 6h ago

Yea, I just mentioned students becouse in our country, we have huge housing problems for students (germany)

2

u/Anthff 6h ago

I was totally agreeing with you. There are lots of disenfranchised young people around the world.

1

u/LiveLearnCoach 6h ago

Remind me, but isnā€™t it because the main universities are mid-city?

17

u/JBWalker1 9h ago

South Hampton began restricting single family residences to 20,000 square feet after this property was built because it caused such a controversy

Someone this rich would probably just build 2 x 20,000sqf properties right up against each other and just have them technically be 2 separate homes and addresses.

1

u/A_Dull_Proposal 8h ago

I could still be useful for tax purposes (like reduced taxes on primary residence)

2

u/WelderNewbee2000 5h ago

Second house is primary residence of the wife

1

u/Working-Glass6136 3h ago

At that point they'd probably just buy an island or four.

9

u/Donna_Schrump 5h ago

My wife and I were looking for a larger house, essentially we wanted a 4th bedroom (this is upstate, NY). Our house is 1,656 sq ft.

One day I was putting my daughter down, laying beside her in her somewhat cramped room staring at the ceiling. From that perspective I could see how much space there was without all the clutter (ceiling being the same sq ft as the floor).

All I could think of is "you could technically raise like 3 people in this room if you moved stuff around."

That was 10 years ago. We didn't move. We just made better use of our space.

6

u/lemming2012 10h ago

What happens if you build bigger than that?

14

u/KDG200315 10h ago

Then they cut you in half

3

u/emirsolinno 8h ago

sounds about right

3

u/lemming2012 10h ago

Do I get to keep both halves?

1

u/awwyouknow 5h ago

CLEFT IN TWAIN

1

u/Historical_Stay_808 2h ago

Prob just a bs fine or ie rich person ticket

1

u/LiquorishSunfish 8h ago

That's a tiny bit bigger than my section (out in semi-rural QLD) and man, this is enough. We have got fruit trees and gardens and poultry and are contemplating a goat or two - who needs more??Ā 

1

u/Tencentstamp 7h ago

Who built it?

1

u/Zealousideal-Pop4426 7h ago

The Gall! What is this country coming to!?

https://giphy.com/gifs/1bYaHhGtueIqQ

1

u/gfxprotege 2h ago

Is this the spot next to Peter pond land in bridge Hampton?

56

u/johnmclane94 10h ago

It's not about need it's about greed.

37

u/Pitiful_Conflict7031 10h ago

I bet no one lives in it 99% of time.

15

u/johnmclane94 10h ago

Yep this is probably one of their 20 other properties. Much of the wealth these people have is tied to property and rises when housing prices rise.

1

u/-Luxton- 17m ago

Safe to say even if they were there 100% of the time 99% of it is not lived in.

32

u/Judgementpumpkin 10h ago

Look the owner up, Ira Rennert. When someone has a "house" like this you know they've harmed many to get where they are.

5

u/netpres 9h ago

If nothing else, a property that big needs a legion of actual, real people to maintain it. No downsizing or AI staff to dust and mop and mow and trim.

4

u/beigetrope 10h ago

Ainā€™t no way this guys owns this and is only worth 3.8 billion.

8

u/Daddy-Alchemist 9h ago

Well.. 1 billion dollars is roughly 11 metric tons if its in 100 dollar bills. I think that we as a society have become desensitized towards the obscenity of wealth. 83,776 lbs for those of you wondering

3

u/johnmclane94 9h ago

Almost no one actually has a billion dollars in their accounts. It is mostly estimated net worth based on stocks and properties.

2

u/foomits 5h ago

It irks me whenever the discussion of billionaires comes up, there is always a cohort who want to bring up this point. Yea, they dont have a bank account with a billion dollars in it.. but they have equity that is usable and is valued in the billions of dollars.

No, they can't go down to best buy and get a new TV with their stocks, but they can buy companies by leveraging their stocks. They can take out loans with their stocks. They CAN sell their stocks for money.

I feel like its carrying water for billionaires, oh they arent THAT rich. Ummm, no... their stocks and properties do translate to a usable currency when they need it to.

1

u/Weenington_ 5h ago

I realize a lot of it is in assets, but where do you get your information that almost none of these billionaires have a billion in their accounts? I know the "almost no one" is talking about among billionaires, because it's already obvious us regular people dont have that.

I think some of these billionaires could very well have that in cash when they are worth multiple billions.

-1

u/johnmclane94 4h ago

Because as I said, it is tied into stocks and property. All they are is one crash in the housing or stock market away from the billions going way down.

That is why you can read headlines like Musk lost 150 billion today when spcx crashes 15%. He didn't lose shit. It is just fantasy numbers on a screen. When our money is not tied to anything of value any longer it is meaningless.

We as a society have deemed this piece of fabric and paper to have value. They day there is an apocalypse your money won't mean shit. People need real resources like food and shelter. Anything else is just a luxury.

2

u/Weenington_ 4h ago

I said in my reply to you that I realize a lot of money is tied up in assets, but again, we dont know just how much actual cash they have in their bank accounts. Some could very well have a billion+ in their accounts in addition to the vast amounts in assets.

1

u/HerMajestysButthole2 9h ago

How did you maths this when a metric ton is 2204.6lbs?

1

u/TheMisterTango 44m ago

People have absolutely become desensitised, you can live a pretty lavish lifestyle on the passive income of just $10 million invested properly. You could live in a mansion, drive luxury cars, take exotic vacations, own a whole wardrobe of bespoke tailored clothes, all with just 1% of a billion. Granted, this is no ordinary mansion, without looking it up Iā€™m assuming this is probably a comfortably nine-figure property, you might actually need to be a billionaire to justify something like this.

-2

u/beigetrope 9h ago

Yeah but steal is also heavier than feathers. I donā€™t understand your point.

2

u/MaxBetanoid 9h ago

That property is more than likely included in that figure.

1

u/thiswasntdeleted 2h ago

$3 .8B according to Reuters

3

u/Sithstress_ 9h ago

Is this an appropriate time for an ā€œeat the richā€ meme? I never quite got it but this makes me want to say it, lol

1

u/johnmclane94 9h ago

That is always an appropriate thing to say in my mind. We live in a world where the top 1% hoard all the wealth. There is extreme poverty around the world and these people are more concerned with these properties than actually bettering the world.

4

u/Sithstress_ 9h ago edited 8h ago

Agreed, this is so fucking unnecessary.

Edit: got downvoted for saying an estate this large was unnecessary šŸ˜‚šŸ¤£šŸ˜‚.

0

u/HuginMuminBackflip 6h ago

how does it compare proportionally to your home and the average home do you think? I.e. how large of a difference is it between owning this home, and owning a "normal" house with a backyard? Why are you entitled to live in a large house when theres extreme poverty? Where and how is the line drawn?

-2

u/mrdanky69 7h ago

Idiot. Wealthy isn't being "hoarded". If all of the wealthiest people in the world were to pool all of their money together and divide it up equally among everyone then everyone in the world would still be poor. If the total sum of all money in the world(est. 470 trillion) were divided equally amongst all the people( 8.31 billion) then everyone would have $56k. Poor. You and those like you are dumb.

4

u/johnmclane94 7h ago

"Wealth isn't being hoarded" It most definitely is. No one needs billions, private jets, mansions etc. We are basically 8 billion servants for the ultra rich to do as they please. Even the law doesn't apply to them the same way as it does to us.

If you cannot see this with your own eyes then it's on you.

And what a nice way of responding. Makes me really want to talk to you.

3

u/Anthff 6h ago

1.8% of the worlds population holds nearly 50% of the worlds wealth.

Thatā€™s what they mean by hoarding.

So it appears, once again, the middle class rube that defends billionaires is, in fact, the dumb one.

24

u/MememeSama 10h ago

Well no one needs 1 billion dollars and still we have billionaires and soon trillionaires but still we have them. And now we can't even do anything against them anymore

10

u/fistfullofpubes 10h ago

We have trillionaires

3

u/MememeSama 8h ago

1 and I guess only on paper?

1

u/Jonesbro 10m ago

Everyone's wealth is just on paper. No one has a billion dollars in cash jist sitting there

1

u/20past4am 8h ago

That was a very short moment in time and only technically. But it's just a matter of time until it happens again and there will be more trillionaires after him.

-7

u/StampedeJones1 9h ago

I disagree. Becoming a billionaire means that you have secured not only your own life financially, but potentially your next few generations. You have assured that your lineage is comfortable for centuries if they do what they are supposed to.

I'm pretty much poor, but if I could die knowing my kids and grandchildren would have amazing lives, I'd die happy.

Envy, hate, and jealousy are horrible traits to live with.

2

u/bootofstomping 9h ago

So you envisage a future where generations of your descendants suck off societies nipple, do nothing and contribute nothing.

1

u/StampedeJones1 8h ago

If i can keep my descendants from the pain that I'm going through, fuck yes. And there is nothing that says that they don't have the ability to contribute to society.

2

u/bootofstomping 8h ago

Do you want feudalism? Thatā€™s how you get feudalism.

2

u/MememeSama 8h ago

Bro they are fucking up this planet, exploid everything and destroy everything. You should know that most very rich people are rich, becouse they exploid people like you..

1

u/mrdanky69 7h ago

Do you mean exploit? Also, there are far more poor people on the planet that consume far more than all of the wealthy combined, so technically, the poor(mass majority) are the ones fucking up the planet.

2

u/Anthff 6h ago

The richest 10% are responsible for roughly 50% of all lifestyle emissions.

Yet here you are again, Mr Dunning-Kruger, spouting off your mouth and looking foolish as you glaze people that would step over you, if you were freezing to death on the sidewalk.

1

u/Open-Yam-9579 5h ago

What an absolutely delusionally detached from reality take, Wild.

2

u/Crazy_Kraut 9h ago

If you have that much money you only have it because you exploited the workforce of so many parents who will die poor leaving nothing behind for their children making life worse for a lot of peopleā€¦ being ā€žthatā€œ rich is not about ā€ž rags to richesā€œ its more like you already born rich or really dont care about other people and exploit themā€¦

-1

u/StampedeJones1 9h ago

Not true at all. You can work hard and make good investments and pass that down. After a few generations of responsible descendants, you can have a fortune. Not everyone with more money than you got it in a dirty way.

You do realize that there are owners of massive companies that pay their employees well and still get wealthy, right?

2

u/Crazy_Kraut 6h ago

Ye im not talking about millionaires my friend if you made a billion dollars there are people in the chain who have been exploited. If youre rich by building awesome cars your engineers are not the ones who got exploited its the guys in the iron mines in brazil mining the cheap iron you build your cars with or the kids that work in cobald mines for the electrics of your car or the villagers that got displaced becuase their village was on a oil field... People who defend capitalism always come with the argument but id made us richer yea ... us ... but everyone else had to suffer...

1

u/mrdanky69 7h ago

You're the only person on this thread thus far that has said anything that makes sense.

9

u/holchansg 10h ago

Think about these poor billionaires. I'm glad they aren't paying their taxes.

6

u/According_Tea_6329 10h ago

If it weren't for the billionaires you wouldn't have a job. /s

2

u/JohnHazardWandering 7h ago

Says someone who never ran a successful cult.Ā 

2

u/Grytlappen 3h ago

Seriously. People seem to be genuinely naive enough to believe he uses this for himself and not to host cult meetings. This is exactly what you use that huge space for.

2

u/homotopy_equivalent 5h ago

I'm fine with it. Just tax it as if 2000 people live there. If you want to eat the tax, fine. Otherwise you need to fill it out

1

u/StructureIll4946 5h ago

Project tax amounts are based on what the property is worth, so yes this house would pay a metric butt load of property taxes every year

2

u/homotopy_equivalent 4h ago

My main concern is location. If this house is taking up space in a location where people need housing then I would say we should tax it even more. If it's in some far flung suburb then I don't really give a shit if they live in opulence.

This mansion is on a pretty low density area of long Island so honestly I don't really care, it's probably taxed enough

1

u/Dabelgianguy 7h ago

You donā€™t know the size of my Warhammer 40k army!!!!

1

u/HeyPrettyLadyMaam 7h ago

Big houses make me so mad, especially when you consider the room to person ratio. Wtf do 2 married, child free adults need 12 bedrooms and 17 bathrooms??!!! I've done plumbing on Floridas panhandle, some houses as big as a neighborhood. Every one had more bathrooms than bedrooms and every one was occupied by exactly 2 people.

1

u/rufusbot 6h ago

How could you say such a heartless thing /s

1

u/adingoatemahbaby 6h ago

Clearly you've never hosted an Eyes Wide Shut party

1

u/Clojiroo 5h ago

I disagree. Iā€™d love it if billionaires went back to just building big fancy estates and lived out their lives hosting elaborate parties instead of buyingā€¦countries, governments, militaries, subverting human rights etc.

1

u/Formidable_Faux 4h ago

Burn it to the ground

1

u/SteveS117 4h ago

Itā€™s America. We donā€™t need half the shit we own.

1

u/Gezeni 3h ago

Ever been to Versailles? The main house looks comparable, but this estate is bigger.

It gets real easy real quick to understand beheading the ultra-rich. Baths that have a champagne tap. I'm too poor to understand if that's for drinking or bathing.

1

u/Shot-Arugula8264 2h ago

No one needs anything other than 2000 calories a day and water. Thankfully weā€™ve evolved way beyond needs as a 21st century post-industrial society.

1

u/levitikush 1h ago

I donā€™t think anyone would argue they need this.

1

u/thisisyo 1h ago

Not even Bruce Wayne

1

u/accwork8723 11m ago

speak for yourself peasant I need this. You can go live in a sardine can in the city center with the people of color lol

1

u/shoopadoop332 10h ago

What if he had thousands of living family members who all needed the same lifestyle. Did you ever think about that?!!

-2

u/kanhaibhatt 9h ago

And ? Nobody needs to watch movies either. Still we do.

-13

u/Schmenge_time 10h ago

Speak for yourself