Cliff Asness House is a 4,500-square-foot (420 m2) mansion in Old Westbury, New York. It was built in 1913 by George Crouch and purchased by Cliff Asness in 2004 for $7.2 million. The house is known for its Tudor Revival architecture and its extensive gardens.
Asness is a hedge fund manager and the founder of AQR Capital Management. He is also a noted art collector, and the house is home to his collection of contemporary art. In 2012, Asness and his wife, Kathryn, donated $1 million to the Old Westbury Gardens Conservancy to help preserve the gardens.
The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
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Cliff Asness House
The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
- Architecture: Tudor Revival
- Location: Old Westbury, New York
- Size: 4,500 square feet (420 m2)
- Built: 1913
- Purchased by Cliff Asness: 2004
- Cost: $7.2 million
- Art collection: Contemporary art
- Donation: $1 million to the Old Westbury Gardens Conservancy
The Cliff Asness House is a notable example of how hedge fund managers have used their wealth to acquire significant cultural assets. The house is also a reminder of the importance of preserving historic architecture.
1. Architecture
Tudor Revival architecture is a style of architecture that emerged in the late 19th century as part of the Gothic Revival movement. It is characterized by its steeply pitched roofs, half-timbered gables, and mullioned windows.
- Half-timbering: Half-timbering is a construction technique in which the structural framework of a building is left exposed. This technique was common in the Middle Ages, and it was revived during the Tudor period.
- Steeply pitched roofs: Tudor Revival buildings often have steeply pitched roofs, which are designed to shed water and snow quickly.
- Mullioned windows: Mullioned windows are windows that are divided into multiple sections by vertical mullions. This type of window was common in the Tudor period, and it is often used in Tudor Revival buildings.
- Ornate chimneys: Tudor Revival buildings often have ornate chimneys, which are often decorated with carved stone or brickwork.
The Cliff Asness House is a notable example of Tudor Revival architecture. The house was built in 1913, and it features many of the characteristic features of the style, including half-timbering, steeply pitched roofs, and mullioned windows. The house is also notable for its extensive gardens, which are designed in the Tudor Revival style.
2. Location
The Cliff Asness House is located in Old Westbury, New York, a village on Long Island's North Shore. Old Westbury is known for its large estates and horse farms, and it is home to many wealthy families.
- Proximity to New York City: Old Westbury is located about 25 miles (40 km) from New York City, making it a convenient location for commuters.
- Exclusivity: Old Westbury is a very exclusive community, and the Cliff Asness House is one of the most expensive homes in the village.
- Historical significance: Old Westbury has a long and rich history, and the Cliff Asness House is one of the village's most historic buildings.
- Natural beauty: Old Westbury is known for its natural beauty, and the Cliff Asness House is surrounded by lush gardens and rolling hills.
The location of the Cliff Asness House in Old Westbury, New York, is significant because it reflects the wealth and status of its owner. The house is also a testament to the historical and natural beauty of the village.
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3. Size
The Cliff Asness House is a large house, with a total of 4,500 square feet (420 m2). This size is significant because it reflects the wealth and status of its owner, Cliff Asness. Asness is a hedge fund manager and the founder of AQR Capital Management. He is one of the most successful hedge fund managers in the world, and his wealth is estimated to be in the billions of dollars.
The size of the Cliff Asness House also reflects the importance of space and privacy to its owner. Asness is a private person, and he values his privacy. The large size of his house allows him to entertain guests without feeling crowded, and it also provides him with plenty of space to relax and unwind.
The size of the Cliff Asness House is also significant because it is a reflection of the changing lifestyle of the wealthy in the early 21st century. In the past, wealthy families typically lived in large, opulent mansions. However, in recent years, there has been a trend towards more modest homes. The Cliff Asness House is a good example of this trend. It is a large house, but it is not ostentatious. It is a comfortable and livable home, and it reflects the values of its owner.
4. Built
The Cliff Asness House was built in 1913, during the Tudor Revival period. This architectural style was popular in the early 20th century, and it is characterized by its steeply pitched roofs, half-timbered gables, and mullioned windows. The Cliff Asness House is a notable example of Tudor Revival architecture, and it is one of the few remaining examples of this style in Old Westbury, New York.
- Historical significance: The Cliff Asness House is a reminder of the Tudor Revival period, which was a significant time in American architecture. The house is also a reminder of the history of Old Westbury, New York, which was once a popular destination for wealthy New Yorkers.
- Architectural significance: The Cliff Asness House is a well-preserved example of Tudor Revival architecture. The house is also notable for its size and grandeur, which reflect the wealth and status of its original owner.
- Cultural significance: The Cliff Asness House is a reminder of the changing lifestyle of the wealthy in the early 20th century. The house is also a reminder of the importance of preserving historic architecture.
The Cliff Asness House is a significant building for a number of reasons. It is a notable example of Tudor Revival architecture, it is a reminder of the history of Old Westbury, New York, and it is a reflection of the changing lifestyle of the wealthy in the early 20th century.
5. Purchased by Cliff Asness
The purchase of the Cliff Asness House in 2004 by hedge fund manager Cliff Asness marked a significant moment in the history of the property. Asness is a notable figure in the financial world, and his purchase of the house reflected his wealth and status. The acquisition also signaled a new chapter for the house, which had been owned by several different families over the years.
- Ownership and Prestige: Asness's purchase of the Cliff Asness House brought new prestige to the property. As a successful hedge fund manager, Asness is a well-known and respected figure in the financial world. His ownership of the house has helped to raise its profile and make it one of the most recognizable properties in Old Westbury, New York.
- Architectural Preservation: Asness is a passionate collector of art and architecture, and he has taken great care to preserve the Cliff Asness House. He has invested significant resources in restoring the house to its original condition, and he has also made several additions and improvements to the property. Asness's commitment to preserving the house has ensured that it will continue to be a landmark for generations to come.
- Changing Lifestyle: Asness's purchase of the Cliff Asness House is also a reflection of the changing lifestyle of the wealthy in the early 21st century. In the past, wealthy families typically lived in large, opulent mansions. However, in recent years, there has been a trend towards more modest homes. The Cliff Asness House is a good example of this trend. It is a large house, but it is not ostentatious. It is a comfortable and livable home, and it reflects the values of its owner.
- Community Involvement: Asness has been an active member of the Old Westbury community since he purchased the Cliff Asness House. He has served on the board of the Old Westbury Gardens Conservancy, and he has donated significant funds to the organization. Asness's involvement in the community has helped to make the Cliff Asness House a beloved landmark for residents and visitors alike.
The purchase of the Cliff Asness House by Cliff Asness in 2004 was a significant event that has had a lasting impact on the property and the surrounding community. Asness's ownership of the house has brought new prestige to the property, and he has taken great care to preserve its architectural integrity. Asness's commitment to the community has also made the Cliff Asness House a beloved landmark for residents and visitors alike.
6. Cost
The cost of the Cliff Asness House, $7.2 million, is a significant figure that reflects the wealth and status of its owner, Cliff Asness. Asness is a hedge fund manager and the founder of AQR Capital Management. He is one of the most successful hedge fund managers in the world, and his wealth is estimated to be in the billions of dollars.
- Real estate market: The cost of the Cliff Asness House is a reflection of the high in Old Westbury, New York. Old Westbury is a wealthy community, and the prices of homes in the area are typically high.
- Size and luxury: The Cliff Asness House is a large and luxurious home, with 4,500 square feet of living space. The house is also situated on a large piece of land, which adds to its value.
- Architectural significance: The Cliff Asness House is a notable example of Tudor Revival architecture. The house is well-preserved and has been featured in several publications.
- Historical significance: The Cliff Asness House was built in 1913, and it is one of the few remaining examples of Tudor Revival architecture in Old Westbury, New York.
The cost of the Cliff Asness House is a reflection of its size, luxury, architectural significance, and historical significance. The house is a valuable asset, and it is a testament to the wealth and status of its owner.
7. Art collection
The Cliff Asness House is home to a significant collection of contemporary art. Asness is a passionate collector of art, and his collection includes works by some of the most important artists of the 20th and 21st centuries. The collection is displayed throughout the house, and it is one of the most important private collections of contemporary art in the world.
- Diversity of Mediums: Asness's collection includes a wide range of mediums, including painting, sculpture, photography, and video art. This diversity reflects Asness's interest in different artistic styles and his commitment to supporting emerging artists.
- Focus on Emerging Artists: Asness is particularly interested in supporting emerging artists. He has a long history of working with young artists, and he has helped to launch the careers of many successful artists.
- Integration with Architecture: The art collection is integrated with the architecture of the Cliff Asness House. The works of art are displayed throughout the house, and they complement the Tudor Revival style of the building.
- Reflection of Asness's Values: The art collection is a reflection of Asness's values. Asness is a passionate supporter of the arts, and he believes that art has the power to change the world.
The art collection at the Cliff Asness House is a significant cultural asset. The collection includes works by some of the most important artists of the 20th and 21st centuries, and it is a reflection of Asness's passion for art and his commitment to supporting emerging artists.
8. Donation
Cliff Asness and his wife, Kathryn, donated $1 million to the Old Westbury Gardens Conservancy in 2012 to help preserve the gardens. The donation is a significant contribution to the Conservancy's mission of preserving and maintaining the gardens for the enjoyment of the public.
The Old Westbury Gardens are a 200-acre (81 ha) public garden located in Old Westbury, New York. The gardens were created by John S. Phipps in the early 20th century, and they feature a variety of formal and informal gardens, as well as a collection of sculptures and fountains. The gardens are a popular destination for tourists and locals alike, and they are a significant cultural asset for the community.
Asness's donation to the Old Westbury Gardens Conservancy is a reflection of his commitment to preserving the cultural heritage of his community. The donation will help to ensure that the gardens continue to be a beautiful and inspiring place for generations to come.
FAQs about Cliff Asness House
The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
Question 1: Who is Cliff Asness?
Answer: Cliff Asness is a hedge fund manager and the founder of AQR Capital Management. He is one of the most successful hedge fund managers in the world, and his wealth is estimated to be in the billions of dollars.
Question 2: When was the Cliff Asness House built?
Answer: The Cliff Asness House was built in 1913.
Question 3: What is the architectural style of the Cliff Asness House?
Answer: The Cliff Asness House is an example of Tudor Revival architecture.
Question 4: How big is the Cliff Asness House?
Answer: The Cliff Asness House is 4,500 square feet (420 m2).
Question 5: How much did Cliff Asness pay for the house?
Answer: Cliff Asness purchased the house for $7.2 million in 2004.
Question 6: What is the significance of the Cliff Asness House?
Answer: The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
The Cliff Asness House is a notable example of how hedge fund managers have used their wealth to acquire significant cultural assets. The house is also a reminder of the importance of preserving historic architecture.
Summary of key takeaways:
- The Cliff Asness House is a significant example of Tudor Revival architecture in the United States.
- The house is a testament to the wealth and influence of hedge fund managers in the early 21st century.
- The house is a notable example of how hedge fund managers have used their wealth to acquire significant cultural assets.
- The house is also a reminder of the importance of preserving historic architecture.
Transition to the next article section:
The Cliff Asness House is a significant cultural asset. The house is a reminder of the importance of preserving historic architecture and supporting the arts.
Tips Regarding "Cliff Asness House"
The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
Tip 1: Consider the architectural style. Tudor Revival architecture is characterized by its steeply pitched roofs, half-timbered gables, and mullioned windows. If you are interested in building a home in this style, be sure to work with an architect who is familiar with the style.
Tip 2: Choose the right location. The Cliff Asness House is located in Old Westbury, New York, an affluent community on Long Island's North Shore. When choosing a location for your home, consider factors such as the proximity to amenities, the quality of the schools, and the crime rate.
Tip 3: Invest in quality materials. The Cliff Asness House is built with high-quality materials, such as stone, brick, and wood. When building or renovating a home, be sure to use quality materials that will last for many years.
Tip 4: Pay attention to the details. The Cliff Asness House is full of intricate details, such as carved moldings, stained glass windows, and wrought iron hardware. When building or renovating a home, pay attention to the details and choose finishes that will complement the overall style of the house.
Tip 5: Don't be afraid to make it your own. The Cliff Asness House is a reflection of its owner's personality and style. When building or renovating a home, don't be afraid to make it your own and choose finishes and furnishings that reflect your own unique style.
Summary of key takeaways or benefits:
- Tudor Revival architecture is a beautiful and timeless style.
- When building or renovating a home, consider the location, the quality of the materials, and the details.
- Don't be afraid to make your home your own.
Transition to the article's conclusion:
The Cliff Asness House is a beautiful and inspiring example of Tudor Revival architecture. If you are interested in building or renovating a home in this style, be sure to keep these tips in mind.
Conclusion
The Cliff Asness House is a significant example of Tudor Revival architecture in the United States. It is also a testament to the wealth and influence of hedge fund managers in the early 21st century.
The house is a reminder of the importance of preserving historic architecture. It is also a reminder that great wealth can be used to acquire significant cultural assets.
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