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

An aerial view of 101 Lily Pond Lane
An aerial view of 101 Lily Pond Lane

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

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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]