Since the property sold and closed for $15 million, Drexler lost at least $2 million, taking into consideration the building costs of the house. Why so low? We explain.
Rich folks, do we ever have a deal for you. This property appeals on several levels: location, price, and looks. First up, location. It is oceanfront in Montauk.
As the Rolling Stones advised us back in 1966, paint it black. Or in this case, dark gray. (The same advice holds true for dated 80s contemporaries, by the way.)
Gurney’s Resorts is adding a second property in Montauk: it’s buying the venerable Montauk Yacht Club Resort & Marina.
Four Fountains was built as an arts center in 1928. Later, Sister Parish decorated the house when it was owned by William Paley of CBS and his well-known socialite wife Babe.
This 1940s cottage is charming and has recently been fully renovated. There’s 1700 square feet of space with four bedrooms; the asking price is just $19.9 million.
Goose Creek is a property that is huge in every way: 19,000 square feet set on 5.5 acres in desirable Wainscott.
This house sports a dock on Taylors Creek, along with a generous 3.2 acres of land right on prestigious Captains Neck Lane.
Beautiful Normandy House has been languishing on the market for a few years now, but the empty parcel offered separately is now in contract.
Last night was the fifth annual Privet Hedge Awards Dinner, held at the lovely and swanky Sebonack Golf Club, an affair hosted by Manhattan Media, publishers of Dan’s Papers, AVENUE, AVENUE on the Beach, and Behind the Hedges.
