The beach house in Montauk found a buyer quickly, and for more than its list price. Now, as the investigation into the fraud run by Bernard Madoff expands to include his family members, some are wondering what will become of son Mark Madoff’s getaway on Nantucket, a well-heeled resort island off the Massachusetts coast. The five-bedroom waterfront home is not yet on the market, Nantucket brokers say, though a sale is entirely possible, owing to the increasing amount of trouble Mark seems to be in. “I wouldn’t be surprised if it were listed,” said Gary Winn, a principal with Maury People Sotheby’s International Realty, who has no connection to the Madoffs or the property. But the house, which Mark bought for $6.5 million in 2008, just months before Bernie’s $65 billion Ponzi scheme was exposed, was being used until recently. [more]
the real deal by email
news by neighborhood
New Jersey
Bronx
Long Island
Queens
Other Brooklyn Neighborhoods
Kensington / Windsor Terrace / Ditmas Park
Staten Island
Red Hook / Gowanus
Boerum Hill / Cobble Hill / Carroll Gardens
Park Slope / Prospect Heights
Bed-Stuy / Bushwick
Fort Greene / Clinton Hill
Dumbo / Brooklyn Heights / Downtown
Williamsburg / Greenpoint
Lower Manhattan
East Village / Lower East Side
Tribeca / Soho
West / Greenwich Village
Murray Hill / Gramercy
Chelsea
Far West Side
Midtown
Upper West Side
Central Park
Upper East Side
Harlem
Inwood / Washington Heights
TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012


