The Real Deal New York

Art world maven offering one-month, $1M Hamptons rental

Louise Blouin’s shell companies were exposed in the Panama Papers

April 18, 2016 09:33AM

La Dune on Gin Lane in Southampton (inset: Louise Blouin)

La Dune on Gin Lane in Southampton (inset: Louise Blouin)

“The Great Gatsby of the art world,” Louise Blouin, is taking her Panama Papers outing in stride.

The magazine publisher and art collector – also known as “the Red Queen” for her penchant for wearing the color – is renting out her four-acre La Dune complex on Gin Lane in Southampton, asking $1 million for just August, the New York Post reported.

Blouin had originally planned to market the property, at 366 and 376 Gin Lane, for sale for $145 million. It includes two houses, two pools, a tennis court and 400 feet of beachfront.

Harald Grant of Sotheby’s International Realty has the listing.

The Canadian Blouin was recently exposed in the Panama Papers as the owner of five anonymous shell companies based in the British Virgin Islands. The media mogul used them to flip luxury real estate, she told the Toronto Metro.

“It is like my art. It is a private hobby,” she told the paper. [NYP, TM] – Ariel Stulberg

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