The mystery buyer of Billy Joel’s house in East Hampton is a mystery no longer. He’s Tom Iovino, whose Judlau Inc. contracting firm has over $1 billion worth of contracts with the MTA.
Sources tell me Iovino paid Joel nearly $19.9 million for the oceanfront estate previously owned by the late “Jaws” actor Roy Scheider.
Iovino bought a $9.6 million apartment on Fifth Avenue at 93rd Street in 2006 shortly after his firm was contracted to build the East Side Access tunnels for a new LIRR station in Grand Central.
Judlau is also revamping the 63rd Street subway station.
“He’s a really nice guy, and plays at Sebonack Golf Club,” one source told me.
Iovino was reported to be in France, and didn’t get back to me.