- Cuisine: Jewish
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From Movie Theater to French Hammered Pewter Countertop, David Magerman’s Gladwyne House Does Not Disappoint
$3.9 million is the asking price for Main Line Orthodox Jewish community leader David Magerman’s current residence at 1357 Hearthstone Lane in Gladwyne. The occasionally controversial philanthropist, restaurateur, and former hedge fund manager will soon move to his new home on Latches Lane in Merion, which is still under construction.
Some of Magerman’s soon-to-be new neighbors had grown accustomed to looking at the 75-year-old, 12,000-square-foot house that once stood on the 3.57 acre corner lot of Magerman’s new home. Magerman completely demolished that house to make room for his new one. Last year he told Property that the old house “was not very usable.”
The Hearthstone Lane house has five bedrooms that are “squeezed” into 9,629 of living space. That doesn’t include the 2,112 square foot very finished basement that’s home to a 13-seat movie theater. The entertainment center features oversized leather reclining chairs and is powered by a Kaleidescape server. In addition to the home theater, the house comes with five other flat screen TV’s, all 45” or larger.