Monday, May 27, 2024

Alec Baldwin Lists Hamptons Estate to Protect Assets from Lawsuits Over Halya Hutchins Tragic Movie Set Death


Alec Baldwin is leaving the Hamptons.

On Friday morning, the NY Post reported that Baldwin has listed his Amagansett estate for $29 million. He bought it in 1995 when he was married to Kim Basinger.

Baldwin is protecting his assets from potential judgments in the “Rust” shooting scandal. Baldwin’s participation in the tragic death of cinematographer Halyna Hutchins means he could be liable for millions.

The actor knows what he’s doing. He’s purchased a 55 acre spread in Vermont, as I wrote earlier this year, for a very good reason. Vermont is a homestead state. (A homestead state protects residents from civil judgments.) If he’s hit with big judgements, the Vermont farm is safe from being taken away. The 10 acre Hamptons layout would be the first thing lawyers would go for.

What a terrible turn of events. Of course, Hutchins’ death is awful. But Baldwin never intended to kill anyone. Being forced out of the Hamptons is sad on many levels. For one thing, before Baldwin met and married “Hilaria” and had six kids, he’d become a local philanthropist. He’s donated a lot of money to various East Hamptons art institutions including the Hamptons Film Festival. I’ve no doubt that coming from a working class family in Massapequa, Long Island, and making it on his own, Amagansett was the ultimate sign of success.

Earlier this year, Baldwin unloaded another home in upstate New York. All he has left is his massive apartment in Greenwich Village, said to be worth $16 million. That will undoubtedly go next. The Baldwins will seek safe financial harbor in Vermont, where they can make pickles and jam without interference.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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