Hamptons $60 Million Beachfront Estates Are Falling Into the Atlantic And the Owners Can't Save Them
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Hamptons $60 Million Beachfront Estates Are Falling Into the Atlantic And the Owners Can't Save Them
82 просмотра · 3 дня назад
Beauty Recall
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82 просмотра · 3 дня назад
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Hamptons $60 Million Beachfront Estates Are Falling Into the Atlantic And the Owners Can't Save Them
If you stand on Further Lane in East Hampton at the eastern tip of Long Island and look toward the Atlantic, you will see a row of estates that breaks a rule most people never think about. These houses list for $60 million. Some have sold for far more. In 2014, a hedge fund manager reportedly paid around $137 million for a compound on this road, one of the most expensive residential sales ever recorded in America. A few miles west on Meadow Lane in Southampton, oceanfront parcels routinely trade above $40 million. One estate, a 63-acre compound in Sagaponack, was for years considered the largest residential property in the United States. But what makes these estates shocking isn't the price. It's the ground.
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