Sense And Sensibility

Representatives of Ronald O. Perelman, chatelain of the Creeks on East Hampton's Georgica Pond, said last week that the billionaire had been unaware of the historic value of the Capt. John Dayton house when he authorized its demolition, and there is no reason not to believe it.

The near loss of the structure, parts of which are almost 300 years old, is an object lesson for a community that prides itself on sense of place and that is celebrating its 350th anniversary this year. It speaks, unfortunately, to a prevailing mood of cockiness that leaves little or no room for reflection, a let-the-good-times-roll attitude with the potential to roll right over what remains of our common heritage.

On Fireplace Road in Springs, an early 19th-century house may join the growing list of "tear-downs" if its new owners are not persuaded to move it or find someone else who will do so. What is at stake here more and more is a loss of sensibility, of an awareness of a world beyond the hedges or the front gate.

Not far from Mr. Perelman's fortified estate, another mogul named Ronald has made his presence felt. Single-handedly, Ronald Lauder has done more to preserve old buildings, farmland, and open space in Wainscott than anyone before, and has safeguarded his work for future generations with uncompromising covenants and restrictions.

That legacy, at least, will endure.