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Coastal Living, Time Inc.’s veteran magazine, which bills itself as “the best in coastal style, travel, and food,” will be hosting its first ever Hamptons’ show house in June at 272 Brick Kiln Road in Bridgehampton.
Having been marketed for $85 million, the 30.4-acre Montauk estate Eothen, AKA the Warhol Estate, is in contract to be sold to Adam Lindemann, a billionaire art collector with a gallery on Madison Avenue. While the price has not been divulged, scuttlebutt has it at circa $50 million.
Now that it’s gift-giving season, we canvassed area brokers to see what kind of gifts they have bestowed on their customers upon completion of a sale. Corcoran’s Gary DePersia tells us he once gave a buyer a generator – valued at $20,000 – as a closing gift. For a customer that bought a $20 million property he gave leather seating for the home theater.
Following a fabulous summer yard sale, Betsey Johnson, designer of outrageous fashions, is selling the East Hampton house she has shared with her daughter, Lulu. More shabby chic than glam rock (reflecting Lulu’s taste), the 1986-built house on 1.65 acres has all the hallmarks of a typical Hamptons cottage including a marble fireplace in the living room.
Even if you’re Madonna you still get mishigas from neighbors. The night before Madge turned 57, she held a gypsy-themed birthday bash at her Bridgehampton property, but an anonymous neighbor complained to the police at 2:30 am that the music was too loud. When the cops arrived, however, all was quiet.
Page Six has reported that the Clintons will be renting for the second summer running an Amagansett house owned by “Republican art collector Andre Nasser” and his wife, “real estate guru” Lois for the last two weeks in August. Price tag: $100,000. The paper implied that this was a huge amount to pay.
Billionaire playboy Stewart Rahr, has put Burnt Point, his Wainscott estate, on the market for, gulp, $95 million, according to the New York Post. “Stewie Rah Rah, the No. 1 King of All Fun,” as he calls himself, set a New York state record when he bought the property for $45 million in 2004.
The royals are coming to the Hamptons, at least according to OK! Magazine. The tabloid reports that “Wills, Kate, Prince George and Princess Charlotte” are meeting with brokers to snare a rental for “a large estate.”
“Say hello to the first $2 million summer rental!” So read Crain’s New York Business about an 8,000 square foot manse in Amagansett. Amagansett? It’s a nice place but hardly a locale for such an eye-popping price. So we checked Crain’s link to the property on HREO. Let’s just say somebody added an extra zero.
Southampton’s Coopers Neck Lane has showed up as number eight on the top 15 most expensive streets in America, according to an analysis by online real estate site, Zillow. With a median home value of $11.87 million the tony road is the only one in New York to make the list.