Walentas’ Bridgehampton estate now 42% off

David Walentas and his Bridgehampton estate

Two Trees Farm, the 115-acre Bridgehampton estate that belongs to Dumbo developer David Walentas, is now on the market for $55 million, a 42 percent price cut off its original asking price of $95 million. The estate, currently the home of the annual Mercedes-Benz Polo Challenge, is being eyed by two “finance hotshots from the city,” according to the Post. A smaller, 73-acre portion of the estate is also available for $20 million, which includes Walentas’ renovated 17th-century farmhouse, a caretaker’s home, pool, tennis court and equestrian facility. The Corcoran Group’s Tim Davis has the listing. [Post]