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Trailer in the Hamptons: Yours for $1.1M

Property originally cost $300

(Newser) - In 1956, fisherman Richard Lester paid $300 for 0.36 acres of property in the Hamptons. Later, he added a $15,000 trailer. Now, the whole thing can be yours for the low, low price of just $1.1 million, the New York Post reports. "You are not dreaming,... More »

East Hampton Home Sells for Record $147M

Activist-investor snaps up mansion

(Newser) - In the market for a modest little beach house on Long Island? Why don't you paw through your couch cushions and see if you come up with $147 million, because that's what you'd need for the East Hampton beach estate that just sold to hedge fund manager... More »

Man Buys Foot-Wide Slice of Hamptons Beach for $120K

Yes, you read that right

(Newser) - And now, in bonkers purchases: Not only did a man pony up $120,000 for a one-foot-wide slice of beach in East Hampton, he secured his tony property after an intense bidding war with another Manhattan financier. Even Suffolk County, which acquired the land a decade ago, was floored. It... More »

Goldman Sachs Banker Accused of Hamptons Rape

He allegedly assaulted 20-year-old in home he was renting with his wife

(Newser) - A Goldman Sachs managing director has been charged with raping a 20-year-old woman while vacationing in the Hamptons. The incident allegedly took place in a four-bedroom home that Jason Lee, 37, had rented with his wife, the New York Times reports. So far details are thin; police say they responded... More »

Best Beaches of 2013

Main Beach in East Hampton takes top honors

(Newser) - The annual "best beaches" list compiled by an expert at Florida International University in Miami is out for 2013, with one in the Hamptons taking top honors. Professor Stephen Leatherman, aka Dr. Beach, crunches several factors including water and sand quality, safety, and size of waves, notes LiveScience . Your... More »

Rich Defend Beach Homes ... but Put Beach at Risk

Environmentalists complain beach fortifications will increase erosion

(Newser) - In the aftermath of Hurricane Sandy, many of the uber-rich who have multimillion-dollar beach homes in the tony town of Southampton, NY, are seeking to keep the ocean from their mansions. They've been spending big bucks ($50,000, in one case, and that could be on the low end)... More »

Romney to Rich Donors: 'I'm Not Worried About You Guys'

Says he's more worried about poor, middle class

(Newser) - Overheard in the Hamptons: Mitt Romney telling wealthy campaign donors that "if you’re here, by and large you’re doing just fine." Romney told supporters at the fundraiser that he wasn't too worried about them, or himself; instead, "I spend a lot of time worrying... More »

Protesters in Boat Try to Crash Romney Fundraiser

Mitt makes $3M with trio of Hamptons events

(Newser) - Mitt Romney held three fundraisers at three private residences in the Hamptons yesterday, and protesters arrived by air, land, and sea. Two men were busted after they tried to sail across a pond to crash Romney's fundraiser at the home of Revlon Chairman Ron Perelman, reports the Los Angeles ... More »

Couple Razes Home Being Built Too Far From Curb

Construction boo-boo meant no room for a pool

(Newser) - Really ridiculous real estate decisions apparently aren't the sole province of West Coast couples. The New York Post reports that a Hamptons couple decided to tear down their rising home and demolish its 2,025-square-foot foundation because the under-construction home was being built too far from the curb, squashing... More »

Bad Sign: The Hamptons Are Totally Over Obama

Richard Cohen spent Labor Day there, and found zero fans

(Newser) - Richard Cohen spent his Labor Day hobnobbing around the Hamptons, that magical place where, in his description, "the Democratic energy, money, and intellectual firepower of Manhattan goes for R&R." It may not be the vacation destination of the working-man Democratic base, he acknowledges, but it's a... More »

Christie Brinkley Hawking Hamptons House for $15.75M

(Newser) - And you thought she was just a pretty face. Ex-supermodel Christie Brinkley is offering for sale one of her several Hamptons homes—for the low, low price of $15.75 million. Located in North Haven, NY, near Sag Harbor, it was built in 1843 and features 5500 square feet, 4.... More »

Madoff's $8.75M Beach House Not All That

Marshals Service puts property up for sale

(Newser) - Those who see Bernard Madoff as an evil purveyor of excess might be disappointed by his beach house: It's not that palatial. At 3,014 square feet, the home is cottage-size by super-rich standards. There's no garage. Not even a walk-in closet. But the 1.2-acre lot sits closer to... More »

Manhattan Teeters on Brink of Housing Crash

(Newser) - As foreclosure sales begin to lure buyers back to the housing market in some parts of the country, realtors in New York are finding the market crisis has come home to roost, Reuters reports. Things are bad and could soon be much worse. Condo sales in Manhattan have plummeted 71%... More »

Hamptons Grim, But Not Dead

(Newser) - The Hamptons are not a happy place these days, Michael Shnayerson writes in a Vanity Fair piece detailing fortunes destroyed, plans dashed, homes selling for bargain basement prices. The stink of the financial crisis in general, and Bernard Madoff especially, has descended on the oceanfront playground of New York’s... More »

Angry Man Threatens to 'Punch Out' Giuliani

(Newser) - A "slim, well-dressed man in his fifties" ran up to Rudy and Judi Giuliani in the Hamptons today and threatened to deck him, witnesses tell the New York Post. Sitting outside a Bridgehampton, NY, bakery, the pair was initially startled by the man. "Alright, do it then!"... More »

Thrift Is Expensive in the Hamptons

Wave goodbye to conspicuous consumption in the playground of decadence

(Newser) - Keeping up with the Joneses means downplaying wealth in the Hamptons this summer, Allen Salkin writes in the New York Times. Conspicuous consumption is out, conspicuous thrift is in as Hamptonites try very hard to match the economic malaise in the rest of the country. “Low-key” and “beachy”... More »

Madonna Fell All By Herself: Photog

Paparazzo and cops say he left before Madge's horse dumped her

(Newser) - A photographer Madonna blames for a weekend tumble off her horse in the Hamptons claims he had nothing to do with the accident—and local cops back his version, reports the New York Daily News. A spokeswoman claims Madonna was thrown when her horse was startled by a paparazzo, but... More »

Madge Thrown From Pap-Spooked Horse

Second fall for devoted equestrian

(Newser) - Madonna was thrown from a horse in the Hamptons after camera-wielding paparazzi jumped from the bushes, spooking the animal, reports the New York Daily News. The longtime equestrian was rushed to the nearest hospital for treatment of her bruises and minor injuries. This is the second tumble for Madge, who... More »

Playgrounds of Rich and Famous Hit the Skids

What would Jay Gatsby say?

(Newser) - Even crème de la crème communities are curdling in the current crisis, reports the Telegraph. Take the Hamptons, where nearly as many homes were being foreclosed last week as the number of places sold. Residents in the super-affluent towns on Long Island's east end are struggling to meet... More »

Seinfeld Helps Madge with Secret A-Rod Reunion

Kabbalah 'friends' take separate copters to funnyman's Hamptons manse

(Newser) - Less than a week after she split with her husband, Madonna arranged for a clandestine meeting with her Kabbalah "soul mate," Yankee slugger Alex Rodriguez. They each flew from Manhattan to East Hampton in separate helicopters where Jerry Seinfeld and his wife picked them up and squired them... More »

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