The Real Deal New York

Meet the man who paid $110M for three properties in the Hamptons

February 08, 2016 05:00PM


An aerial view of 101 Lily Pond Lane

From Luxury Listings NYC: Why buy one giant Hamptons estate when you can buy three?

That was the thinking of Michael S. Smith, the natural gas billionaire, who recently purchased three Hamptons properties on Lily Pond Lane for a total of $110 million, making it the second most expensive Hamptons deal ever, according to the New York Post. The most expensive, of course, was Barry Rosenstein’s $147 million home that he bought in 2014. [more]