The Real Deal New York

Long Island estate sells for record $145M

The East Hampton sale smashed the nation's previous residential sale record by $25M
May 03, 2014 09:00AM

 An anonymous buyer has set a record for the largest residential sale in the nation on Long Island. 

Sources told the New York Post that an 18-acre estate in East Hampton has sold for $145 million, breaking the record set two weeks ago by a 50-acre Copper Beech Farm in Greenwich, Conn. that sold for $120 million.

“Everybody out here is totally mystified,” one local told the Post.

The beachfront property on Further Lane was owned by the late Christopher Browne, managing director of the Tweedy, Browne Company investment firm, and his boyfriend, architect Andrew Gordon, also deceased.

Upon Gordon’s death last September, Browne’s family put the home on the market without a broker.

“Somehow, someone got the inside track. All the brokers are crestfallen,” a source told the Post. [NYP]Christopher Cameron