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'Blood feud': hedge fund billionaire Marc Rowan insists his $97 lobster salad joint isn't actually a restaurant - Hamptons neighbors want it gone

Reported by Opalesque ·Moneywise
Aug 26, 2026· 2 min read
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Key Takeaways
  • • Apollo Global Management CEO Marc Rowan acquired Duryea's Lobster Deck in Montauk for $6.3 million in 2014 as part of a waterfront property purchase, but now faces regulatory and community opposition over its operational status.
  • • Local residents and regulators contend the seafood establishment never obtained proper approval to operate as a restaurant, creating a zoning and licensing dispute in the Hamptons jurisdiction.
  • • Rowan is asserting the business is not technically a restaurant, a legal distinction that forms the crux of the dispute with neighbors seeking its closure.
  • • The conflict represents a broader tension between affluent property owners and residential communities over land use, operational permits, and commercial activity in high-value real estate markets.
Summary
Marc Rowan, CEO of Apollo Global Management, is engaged in a contentious dispute with Hamptons neighbors regarding Duryea's Lobster Deck, a Montauk waterfront seafood business acquired as part of a $6.3 million property transaction in 2014. The conflict centers on the establishment's regulatory and operational status, with residents arguing the venue lacks proper authorization to function as a restaurant.

The core of the disagreement involves a legal and definitional question: whether Duryea's Lobster Deck qualifies as a commercial restaurant subject to specific zoning restrictions and licensing requirements. Rowan is maintaining that the business operates under a different classification, while local residents and regulatory authorities assert that the establishment requires formal approval that was never obtained. This distinction carries material implications for zoning compliance, property use rights, and enforcement authority.

The dispute reflects broader tensions within affluent coastal communities, where high-net-worth property owners and established residents frequently clash over commercial development, land use permissions, and operational authority. Neighbors have expressed desire to compel closure of the venue, indicating the level of community opposition to its continued operation in its current form.

The case involves complex property law questions regarding commercial licensing, use classifications, and regulatory jurisdiction. For Rowan and Apollo, the dispute carries reputational and operational implications, while the outcome may influence how similar waterfront properties and mixed-use developments are classified and regulated in high-value real estate markets.

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Sources

2 outlets

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Opalesque 'Blood feud': hedge fund billionaire Marc Rowan insists his $97 lobster salad joint isn't actually a restaurant - Hamptons neighbors want it gone Moneywise 'Blood feud': hedge fund billionaire Marc Rowan insists his $97 lobster salad joint isn't actually a restaurant — Hamptons neighbors want it gone