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.
Mickey Drexler has cut the price of his oceanfront Wainscott property to $17.95 million, which we consider to be reasonable.
From Warhol and the Rolling Stones to pop star divas Beyoncé and Madonna, A-List stars have loved vacationing in the Hamptons for decades. What better place to escape the white hot lights of Hollywood and the hustle of New York City than the beautiful beaches and verdant vineyards of the East End? North Fork and…
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