By Marissa Maier
Situated on Madison Street in Sag Harbor between the Methodist Church parking lot and Il Cappuccino restaurant, is a modest building that houses two apartments and two retail spaces. That building, the longtime home of Headley Studio, is currently on the market for $1.85 million and it’s possible that the space could be transformed into an art gallery with a single apartment above it.
Michael Minkoff, a contractor based in Washington, D.C., presented renovation plans for the 40 Madison Street building to the Sag Harbor Board of Historic Preservation and Architectural Review (ARB) on Monday, January 12. Minkoff is the contractor owner of the space, meaning that he has the building under contract but has not yet purchased it. He is acting as a conduit between Stephen Hadley, the current owner, and prospective buyers — the unnamed owners of an art gallery in New York City who have expressed interest in purchasing the space.
Minkoff presented plans that would reduce the number of certificate of occupancies to two — one for a 1,500 square foot retail space and one for a three-bedroom apartment on the second floor. Currently the building has four certificates of occupancy for two apartments and two retail spaces — one of which is just 300 square feet.
In order to heighten the viability of the retail space, Minkoff believes it is necessary to consolidate the two ground floor spaces into one.
Minkoff’s plans include knocking out a street level door, which leads to the current ground floor apartment, redoing the storefront by adding large, open window panes, and a rear addition over a second floor dormer. Minkoff also plans to build a pool. During the ARB meeting, Minkoff added that there is a possibility of adding a sculpture garden outside in the back of the property.
“I put a lot of effort into this storefront,” said Minkoff. “I believe it meets all of the pyramid and zoning requirements.”
ARB member Michael Mensch said the plans were a “big improvement” over the bulding’s current use. Mensch pointed out, however, that the board was missing two members and that in order for Minkoff to receive full ARB feedback he should return to the board on Monday, January 26. The next day, Minkoff will visit the village’s planning board to pursue an exemption from the temporary construction moratorium in the village.