Community Corner

Hastings Shaw Estate May Have Elevator, Babysitter Room

The "NY Post" reported plans Tuesday for billionaire David E. Shaw's $75 million mega-mansion in Hastings.

A house so big it needs its own security guard for the construction site—

Last year,

According to a NY Post report yesterday, the mega-mansion belongs to hedge fund billionaire David E. Shaw, his wife Beth Kobliner, and their three children.

Find out what's happening in Rivertownswith free, real-time updates from Patch.

When we first reported on the planned development in March, 2011, the owner was still keeping a very low profile, with his name not disclosed during the permit approval process. 

The lot that will now have one enormous mansion was once home to five distinct estates belonging to the Aranow, Mitzman and Freitag families.

Find out what's happening in Rivertownswith free, real-time updates from Patch.

Shaw purchased the three properties separately in 2005, 2006 and 2008 for a total of around $16 million, village officials said. 

According to The Post's report, the home will contain: an indoor swimming pool, an elevator, a media room, exercise rooms and a tennis court.  It may even have a designated babysitter's room.  

Shaw is a computer scientist and founder of D.E. Shaw & Co., "a global investment and technology development firm."  He now serves as Chief Scientist of D.E. Shaw Research LLC.  

Read the full story in the NY Post here. 

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