Designer Betsey Johnson talked to Hamptons.com about why she returned to East Hampton to rent and then buy even after promising herself she would never live there. Johnson got a summer rental for around $60,000. After renting, she purchased a 1.65-acre property for $695,000 in 1999. The home, which has been renovated to accommodate Johnson’s grandchildren, is now valued at more than $2 million.
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