The Assessor’s office at Greenwich Town Hall recorded the sale of 60 Field Point Circle from Residence Rockpoint LLC to ARIT Investment Holdings LLC on April 16, 2026 for $62,969,300.
Previously, 0 Field Point Circle sold from JDS 60 FPC Trust to AJIT Investment Holdings LLC on Dec 30, 2025 for $62,704,400.
The property at 0 Field Point Rd was the subject of a P&Z application back on September 4, 2024.
The applicants were trustees for the property proposing a Coastal Subdivision for a lot line revision between 0 Field Point Circle (“Lot 11”) and 60 Field Point Circle (“Lot 12”).
Land records *(see below) show there was a “bargain and sale deed” for 0 and 60 Field Point Circle on Sept 6, 1973 from Rockpoint Ltd to Raymond R. Sackler and Beverly Sackler, and a bargain and sale deed from Rockpoint Ltd to Richard S. Sackler and Jonathan D. Sackler.
From there the Sacklers on Aug 23, 1988 created a quitclaim deed to transfer 0 and 60 Field Point Circle to trustees.
The 2024 proposal to P&Z involved transferring approximately 4.173 acres of land from 60 Field Point Circle to 0 Field Point Circle. Both are large parcels in the private waterfront community of Belle Haven, in the RA-2 and Coastal Overlay Zones.
The proposal faced scrutiny because it would move a 12,347 sq ft residence from lot 12 onto lot 11.
In his written comments to P&Z in June 2024, Greenwich Zoning Enforcement Officer James Lunney described the existing lot line as “tortured,” but said the proposed lot line reconfiguration was also “tortured,” but would result in an overall better lot configuration.
In 2024 new trustees for 0 Field Point Circle became Frank S Vellucci and Brian Olson and new trustees for 60 Field Point Circle became Leslie John Schreyer and Frank S. Vellucci as co-trustees, and Leslie John Schreyer and Garrett Lynam as co-trustees.
The land featured a number of buildings that pre-dated the 1950s when subdivisions did not need commission approval, and the lot lines had been changed to create the “tortured” lotline, though from an aerial view they lots appeared to be a single estate.
The lot line cut through an existing garage apartment building that P&Z commission chair Margarita Alban at the time suggested was a full residence.
Commissioner Mary Jenkins said that even if some of the buildings could be considered accessory dwellings, having three residential structures on one RA2 lot as a result of a proposed lot line change would expand a non-conformity.
Attorney for the applicant Tom Heagney said regardless of the discussions on the use of dwellings for domestic employees, construction of a new dwelling on lot 12 (60 Field Point Circe) had already been approved for building purposes by a Town engineer.
In his WGCH 1490am radio debrief the morning after the decision, P&Z director Patrick LaRow said, “The applicant is clearly trying to market it as two separate developable lots. The issue is there are three residences – they may be guest houses or they may be for employees – but they are large, over 2,000 sq ft houses, in addition to the main residence.”
“The commission did not see a way that this subdivision would fit while keeping the structures,” LaRow said. “Compliance with zoning regulations is paramount when you are dividing land.”
The commission voted unanimously to deny, 5-0.
However, the application for the lot line revision was later approved by the Zoning Board of Appeals on December 11, 2024.
See also:
P&Z Denies Belle Haven Application with “Tortured Lot Line”