$90 Million Sale Sets U.S. Record
Remember Burnt Point, that $45 million Hamptons sale at the tail end of last year? The NY Post reports a sale that makes it seem like a bargain. A Hamptons estate is selling for $90 million, a new record not just for New York but for the whole United States. The mystery buyer, a Swedish industrialist who has rented the estate before has snapped up this 40-acre East Hamptons expanse. The existing home isn't exactly a mansion, it's a three-bedroom farmhouse with the main dining room nearby in a converted barn. There are also several guest houses, a man-made pond and a lap pool. But mainly what the new owner is paying for is land and privacy.